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INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME

Banks buy $1.7 million out of $4 million offered by Central Bank on 20 December

Beeline and Technology Development Center present App Armenia system and mobile application

Vigen Barseghyan appointed as Acting Director General of Areximbank-GPB Group

Vallex Group launches mining at Teghout copper-molybdenum deposit

Anelik Bank faces no problems with liquidity amid national dram hyper-devaluation due to financial support Credit Bank S.A.L.

On 20 December ACBA-CREDIT AGRICOLE BANK to hold annual prize draw ahead of the New Year among Visa Student cardholders and raffled off tuition fees

Expert: In 2015 the situation over Nagorno-Karabakh will not be better than in 2014

Nagorno-Karabakh PM: Question whether there should be a customs point on Armenian-NKR border is no longer on agenda

Expert: AMD's depreciation will not prevent Armenian Government from fulfilling next year's budget

House of Representatives of Belarus ratifies agreement on Armenia's accession to Eurasian Economic Union

Prosecutor insists on life and 22-year terms for Azeri raiders

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John Heffern: Agreement on Vorotan Cascade of HPPs to be signed shortly

Kazakhstan Senate ratifies treaty on Armenia's accession to EEU

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European Union launches 15 new projects in Armenia

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Hovik Abrahamyan familiarizes himself with prices at Armenian supermarkets

Rostelecom expands network of acceptance of payments through banks

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Small business in Armenia to be red-listed

EBRD supports Armenia's Shen Holding with US$ 9.3 million loan

Nikol Pashinyan: It is necessary to teach some MPs from the ruling party to differentiate between the Parliament and a horse stable

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Armenia hosted the international The Hour of Code event for the first time

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South Caucasus Railway approves investment program and business plan for 2015

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Russia's western "partners" may hang a new iron curtain over post-Soviet states

Deputy Head of Armenian nuclear power plant faces embezzlement and misappropriation charges

Heritage Party for constitutional reform, but under new leadership of Armenia

  • by Tatevik Shahunyan

  • Saturday, July 5, 15:27

Heritage Party sees the need for a constitutional reform in Armenia, Armen Martirosyan, a member of Heritage Party Board, told ArmInfo.

 

According to him, the constitutional reform must be carried out by new, legitimately elected power, not the incumbent authorities that just seek to retain power through amending the Basic Law. Martirosyan said the Heritage Party seeks to change the model of government in the country form the semi-presidential to the parliamentary one, where the opposition would have more supervisory powers. 

 

As for the effective Constitution of Armenia, Martirosyan said that it was adopted 1995 with violations and is still enforced with violations. "The Constitution has failed to build a socially-oriented legal state," he said.

 

To recall, the President initiated a project of constitutional reforms that feature transition to the parliamentary system of government in Armenia. The document, particularly, calls to expand the parliament's supervisory powers, authorize the legislative body to elect the president for a 7-year term.  Sargsyan assures he does not seek the prime minister's post.

 

On July 5 Armenia celebrates the Constitution Day. The Constitution was adopted in 1995. On 27 November 2005, the document underwent certain amendments under president Robert Kocharyan.

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