Armenian president suspends increase in electricity prices

‘Armenian President Serzh Sargsyan has suspended an increase in household electricity prices in a bid to end protests in the capital Yerevan.

Sargsyan said on Saturday that the government would bear the burden of growing electricity costs until the end of a price review by the power company.

Some protest organizers, however, did not disperse and urged demonstrators to remain on the capital’s main street until the hikes are entirely reversed, saying they would decide on Sunday evening whether or not to continue the protests.’

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