Prosperous Armenia
Encyclopedia
Prosperous Armenia is a political party
Political party
A political party is a political organization that typically seeks to influence government policy, usually by nominating their own candidates and trying to seat them in political office. Parties participate in electoral campaigns, educational outreach or protest actions...

 in Armenia
Armenia
Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...

. It was founded by Gagik Tsarukian
Gagik Tsarukian
Gagik Kolyai Tsarukyan ,, also known by his nickname Dodi Gago is an Armenian politician and a wealthy businessman. He is seen as the most influential of Armenia's government-connected "oligarchs" and key business partner of Kocharyan owning over a dozen big businesses and living in a very large...

, a wealthy businessman, in late 2005. It debuted in the 2007 Armenian parliamentary elections
Armenian parliamentary election, 2007
Parliamentary elections were held in Armenia on 12 May 2007. 1,364 candidates ran for the 131 seats, 41 of which were constituency seats with the remaining 90 being filled by a proportional party-list system...

, winning 18 seats and 14.68% of the votes, making it the second largest political party in parliament.

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