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EDB forecasts 5.4% GDP growth for Armenia in 2017

EDB forecasts 5.4% GDP growth for Armenia in 2017

August 18, 2017 - 17:11 AMT  13:11 GMT
The Eurasian Development Bank in its July edition of macroeconomic indices predicted a 5.4% economic growth for Armenia in 2017.
ACBA-Credit Agricole Bank will place bonds with annual yield of 5.5%

ACBA-Credit Agricole Bank will place bonds with annual yield of 5.5%

August 16, 2017 - 17:50 AMT  13:50 GMT
To acquire bonds, investors should fill in relevant applications and submit them to ACBA-Credit Agricole Bank.
Armenia's exports reach some $1 billion in first half of 2017

Armenia's exports reach some $1 billion in first half of 2017

August 1, 2017 - 11:59 AMT  07:59 GMT
Mining products, ready-made food, precious and semi-precious stones and products made of them account for the majority of the exports.
Spanish economy returns to pre-crisis level

Spanish economy returns to pre-crisis level

July 28, 2017 - 19:24 AMT  15:24 GMT
Spain was pushed into an extended double-dip recession after the property market crash in 2008.
U.S. may allocate funds to support Syrian refugees in Armenia

U.S. may allocate funds to support Syrian refugees in Armenia

July 25, 2017 - 12:24 AMT  08:24 GMT
The SFOPS Report highlighted the need for additional assistance to "vulnerable populations in Syria and in neighboring countries."
UK, U.S. economies to expand more slowly than predicted: IMF

UK, U.S. economies to expand more slowly than predicted: IMF

July 24, 2017 - 11:06 AMT  07:06 GMT
In its latest World Economic Outlook, the IMF said the "pick-up in global growth" that it had anticipated in its previous survey in April remained "on track".
Armenia to expand defense spending by $54 mln each year

Armenia to expand defense spending by $54 mln each year

July 17, 2017 - 16:22 AMT  12:22 GMT
The minister weighed in on the issue of whether the growth of appropriations is connected with the April war and, if so, to what extent.
Uber, Russia's Yandex will merge in Armenia, five other countries

Uber, Russia's Yandex will merge in Armenia, five other countries

July 13, 2017 - 16:06 AMT  12:06 GMT
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
ADB approves $80 mln loan to help improve energy efficiency in Armenia

ADB approves $80 mln loan to help improve energy efficiency in Armenia

July 3, 2017 - 12:08 AMT  08:08 GMT
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
Euro zone core inflation ticks up in relief for ECB

Euro zone core inflation ticks up in relief for ECB

July 1, 2017 - 16:43 AMT  12:43 GMT
The ECB's biggest headache is that while growth is on its best run in a decade, wage growth actually eased to an anaemic 1.4 percent in the first quarter.
Greek central bank cuts growth outlook, warns of risks

Greek central bank cuts growth outlook, warns of risks

July 1, 2017 - 15:15 AMT  11:15 GMT
Greece's public debt levels are presently at 180 percent of GDP. It has received three bailouts since 2010, and the latest runs out in mid-2018.
Armenia hopes to soon abandon U.S. list of export controlled countries

Armenia hopes to soon abandon U.S. list of export controlled countries

June 28, 2017 - 11:41 AMT  07:41 GMT
Ambassador Hovhannissian pointed out that the Information Technology (IT) sector is successfully developing in Armenia.
Lawmaker from Armenia’s Yelk bloc wants EEU agreement flaws fixed

Lawmaker from Armenia’s Yelk bloc wants EEU agreement flaws fixed

June 26, 2017 - 14:43 AMT  10:43 GMT
Marukyan said practical steps must be taken to ensure the implementation of the agreement and protection of interests of Armenian citizens.
ARFD MP worried about Armenia debt; minister says more to come

ARFD MP worried about Armenia debt; minister says more to come

June 26, 2017 - 12:55 AMT  08:55 GMT
“If your income is not enough to cover your expenses, you have to borrow,” finance minister Vardan Aramyan explained.
IMF approves new tranche of $21.6 million loan for Armenia

IMF approves new tranche of $21.6 million loan for Armenia

June 24, 2017 - 12:50 AMT  08:50 GMT
The completion of the review allows the authorities to draw the equivalent of SDR 15.69 million (about US$21.6 million).
Ailing electronics giant Toshiba flags deeper losses

Ailing electronics giant Toshiba flags deeper losses

June 23, 2017 - 17:22 AMT  13:22 GMT
It also got regulatory approval to delay filing its annual earnings again, this time until 10 August, after a previous deadline extension to 30 June.
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