People’s Party of Armenia will hold an outdoor meeting in the center of Yerevan, party’s leader Tigran Karapetyan said at today’s press conference.  During the February 15 meeting the party will issue an ultimatum later to be sent to President Serzh Sargsyan.

The ultimatum demands immediate implementation of certain party’s requirements. “If our calls are ignored the party will push for early presidential elections during a rally scheduled for February 28,” Karapetyan said.

The ultimatum demands release of political prisoners, favorable conditions for young people to get mortgages, improvement of banking system and other issues.

Karapetyan also noted that his party’s stance differs from that of the Armenian National Congress (ANC). They demand early presidential and then parliamentary elections, while People’s Party considers early parliamentary elections should be held first.

People’s Party is headed by Tigran Karapetyan, owner of the ALM media holding. The party is not represented in the parliament. Tigran Karapetyan is a 2008 presidential candidate. His ALM TV was denied a broadcasting license last December and went off the air in January.