The Prime Minister of
Armenia,
Serzh Sargsyan, has stepped down following days of mass demonstrations in the streets of the capital Yerevan over what was seen as an unconstitutional power grab by the former president.
Sargsyan previously served two, five-year terms as president of the former Soviet Republic. First elected in 2008, he served as the country's head of state until he was appointed prime minister earlier this month.
Over the weekend Nikol Pashinyan, an opposition MP and leader of the protests, was arrested but was released Monday shortly before the announcement.
"Nikol Pashinyan was right. I was wrong," Sargsyan said in a statement published on the state-owned Armenpress website.
"The situation has several solutions, but I will not take any of them. That is not mine. I am leaving office of the country's leader, of Prime Minister. The street movement is against my tenure. I am fulfilling your demand. Peace, harmony and reasoning for our country," he said.
Sargsyan took office as Prime Minister after being elected by parliament on April 17, eight days after his presidency ended.