On March 25 at the court of primary jurisdiction of Center and Nork-Marash communities of Yerevan the proceedings on the suit of Central Bank versus "Aravot" daily continued. As it has been reported, the Central Bank instituted a legal action demanding to oblige "Aravot" to publish a refutation on a number of pieces telling about the misconduct of the CB officials (see details in YPC Weekly Newsletter, March 8-14, 2003 and March 15-21, 2003). At the subsequent sessions (March 26 and April 1) the parties debated and the possibilities for a reconciliation agreement were discussed.
At the session of April 2 the reconciliation agreement was read out. According to the document, the respondent assumed the commitment of publishing in the coming two issues the text of refutation of articles "How Much Does the Position of the Department Head at the CB Cost?" (January 21) and "For the Information of Incorruptible Officials" (February 11), as presented by the CB. The plaintiff assumed the obligation not to challenge the other pieces published by the newspaper before April 3. The refutation was published by "Aravot" in the issues of April 3 and 4.
