 Fitch revises Armenia banking sector outlook to negative March 26, 2020 - 17:16 AMT PanARMENIAN.Net - Fitch ratings agency has revised banking sector outlooks to negative for Armenia and a number other ex-Soviet nations on Wednesday, March 25. The agency has also revised banking sector outlooks to negative for Russia, Ukraine, Kazakhstan, Azerbaijan, Belarus and Georgia, only keeping Uzbekistan’s banking sector outlook stable. Fitch said that economic pressure from coronavirus coupled with weak oil prices are “credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions.”   Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says.   Partner news |  Related sections Latest news Armenia-Azerbaijan: Experts launch work on determining coordinates  Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh 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. |
