Kocharian to Name New Government Friday

YEREVAN (Reuters)–Armenian President Robert Kocharian said on Tuesday he would name a new government on Friday–one day after the newly elected parliament convenes for the first time.

"Be patient for a few days and you will find out about the structure of the new government," Kocharian told reporters.

Prime Minister Armen Darbinian resigned on Monday–paving the way for the expected appointment of a prime minister from the Unity alliance–which won the May 30 election.

A presidential spokesman’said Kocharian had not yet decided whether to accept Darbinian’s resignation.

But government sources said last week Kocharian was likely to name Unity co-leader Vazgen Sargsyan as prime minister and the president himself has said the government should be headed by the leader of the parliamentary majority.

The Unity alliance is headed by Sargsyan–an influential defense minister–and Armenia’s Soviet-era leader–Karen Demirchian.

Kocharian said he hoped the new government would reinvigorate economic reforms in Armenia–a struggling former Soviet republic state of about 3.8 million people in the Caucasus region.

"There won’t be any deviations from the course of market reforms. Any deviation will mean the simple failure of the economy," he said.

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