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Former premier: monopolies’ dominance in Armenia bars inflation from subsiding

28.02.2011 15:52

Former premier: monopolies’ dominance in Armenia bars inflation from subsiding

YEREVAN, February 28. /ARKA/. Hrant Bagratyan, a former Armenian prime minister, finds it necessary to phase out impacts of monopolies on markets to tame inflation.

On Monday, speaking at a news conference, he said that only competition could deter prices from rising.

He said that the gap between retail and wholesale prices should be narrowed as well.

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Categories: anticrisis.am @en @en, Economy @en, General news, News, News of the hour | Comments Off on Former premier: monopolies’ dominance in Armenia bars inflation from subsiding

Tags: Armenia, Bagratyan, INFLATION, monopolies

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