ARMENIAN LEGISLATOR FORCES DEBATE ON COMPENSATION FOR DEVALUED SAVINGS
Published:
17 December 2004 y., Friday
Armenian parliament deputies narrowly approved on 15 December a proposal by independent legislator Hmayak Hovannisian to debate two draft bills on ways to compensate those persons whose Soviet-era savings bank deposits were wiped out by hyper-inflation in the early 1990s.
The debate has been scheduled for 20 December. One of the two draft bills was prepared by the opposition Artarutiun bloc, and the other by junior coalition partner Orinats Yerkir, whose chairman, parliament speaker Artur Baghdasarian, suggested earlier this week that the proceeds from the privatization of the huge Zangezur mining complex be used to compensate depositors. Compensating depositors was a key tenet of Orinats Yerkir's election platform in the run-up to the May 2003 parliament ballot. Prime Minister Andranik Markarian's Republican Party of Armenia is opposed to any move to pay compensation, as are the IMF and the World Bank.
Šaltinis:
RFE/RL's Armenian Service
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Guinness World Records officially declares that an Australian man has the world's largest feet.
more »
It's a sniffer dog with a difference: a military Belgian Shepherd that has been trained to detect signs of prostate cancer in patients' urine. According to French scientists, the dog can do it far more accurately than any currently available scientific technique.
more »
This week marks the beginning of hurricane season in the United States and scientists will be watching closely in the wake of extreme weather patterns that have devastated the Midwest. One of the questions they're trying to answer focuses on the impact of climate change and global warming.
more »
Spanish cucumbers are being blame for an E.coli outbreak that killed 10 people in Germany and sickened hundreds.
more »
Protesters clash with police as pro Mladic rallies continue in the Serbian capital.
more »
Japan, Geiger counters, radiation leak, Fuji Electric
more »
Chinese artist Qi Baishi's ink-wash work is auctioned for 65.4 million U.S. Dollars (425 million yuan) in Beijing, setting a new record for contemporary Chinese painting.
more »
Georgian police wearing full riot gear used water cannons and rubber bullets to disperse protesters in Tiblisi.
more »
CT scanning has allowed scientists to identify and recreate in stunning three-dimensional detail, an ancient spider trapped in amber for 50 million years...
more »
Researchers in Chicago have developed a new barcoding system that can identify and track zebras by their unique stripe patterns. The scientists say their computer program can also be modified to keep track of endangered species like tigers and some giraffe species.
more »