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Significance

Sargsyan referred to pledges to observe the ceasefire, allow more international monitors and investigate clashes. There was no official mention of conceding Armenian-controlled territories to Azerbaijan, one of the issues at the heart of a two-week hostage crisis in Yerevan. Widespread public sympathy for the gunmen reflected deep anger with the government.

Impacts

Unnerved by the protests, the government and will adopt a tougher stance on dissent.

Sargsyan may misread the crisis as a plot requiring a draconian response.

Putin may ease pressure on Sargsyan to give ground on Karabakh.

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