Home > News > World
Monday April 14, 2014 MYT 4:25:02 AM
Monday April 14, 2014 MYT 4:26:31 AM
YEREVAN (Reuters) - Armenian President Serzh Sargsyan appointed parliament speaker Hovik Abrahamyan as the ex-Soviet republic's new prime minister on Sunday, replacing a six-year veteran who resigned after protests against his pension reform.
Former reformist Prime Minister Tigran Sarksyan, who was central bank governor before taking over the government in 2008, stepped down earlier this month after the pension protests and a court ruling declaring part of the reform unconstitutional.
"I'm sure that everyone will understand very quickly that Armenia has a very effective new prime minister," President Sargsyan told his ruling Republican Party after announcing Abrahamyan's appointment.
"I will do my best to help Mr. Abrahamyan to reach this goal," he said. The new prime minister does not need to be confirmed by parliament.
Abrahamyan, 56, who is the president's deputy in the Republican Party and an economist by training, had been parliamentary speaker since 2008.
Former Prime Minister Sarksyan is expected to take up a diplomatic post, the Republican Party spokesman said.
The economy of the former Soviet republic, which is heavily dependant on Russia, averaged rapid annual growth of 12 percent from 2000 to 2007 but shrank by more than 14 percent in 2009 after the global crisis hit. It grew by 3.2 percent last year.
(Reporting by Hasmik Mkrtchyan; Writing by Margarita Antidze; Editing by Tom Heneghan)
Polish president nominates Kopacz as new prime minister
Poland's president to nominate Kopacz as new PM on Monday
New Polish PM brings her rival into government
Polish president accepts resignation of Brussels-bound PM Tusk
Iraqi parliament approves new government headed by Haider al-Abadi
Polish PM Kopacz wins confidence vote in parliament
Israel's Netanyahu to Obama: Don't allow Iran deal that leaves it at nuclear threshold
Kenyatta trial must probe witness tampering says activist
New Polish PM signals cautious approach on euro accession
Up to 18 exposed to U.S. Ebola patient, including children
Ex-NATO chief Rasmussen opens consultancy advising governments, companies
Leverkusen ease past Benfica 3-1 to bounce back
Development of new hotels seen as boost to Kuala Lumpur
Spook-tacular fun for Halloween
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)