German investor confidence rises to highest level in a year: surveyFebruary 17, 2015 - 15:28 AMT PanARMENIAN.Net - A survey shows that investor confidence in Germany, Europe's biggest economy, has risen to its highest level in a year though the increase was a little short of expectations amid concerns over Ukraine and Greece, the Associated Press reports. The ZEW institute said Tuesday its monthly confidence index, which measures investors' economic outlook for the next six months, rose to 53 points for February from 48.4 last month — the fourth consecutive increase. Economists had predicted a rise to 55 points. ZEW president Clemens Fuest said the European Central Bank's decision to start buying government bonds with newly printed money improved sentiment along with robust fourth-quarter German economic growth. All the same, he said that "the intensification of the Ukraine crisis and the collision course of the new Greek government are dampening expectations." Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. Caring for nature, we have started with ourselves - Team Telecom Armenia Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection. Azerbaijani President travels to Moscow Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. |