Tue, 8 July
31.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Junker: eurogroup hasn’t discussed Greece’s withdrawal from euro zone

YEREVAN, May 15. /ARKA/. Eurogroup president Jean-Claude Junker at the press conference on Monday expressed his conviction that Greece would remain in the euro zone.

He clarified that Eurogroup wants Greece to stay in the euro zone, and it will make all the possible efforts for that. Junker also added that they hadn’t discussed the withdrawal of the country from the zone of European currency, RIA Novosti reports.
Speculations on Greece’s withdrawal from the currency zone were rising more frequently within the recent weeks.

Greece failed to form a new coalition government after the May 6 parliamentary elections. The politicians will continue advising the best ways of forming cabinet of ministers  but if the leaders of the parties are unable to reach the compromise, the country will face new elections.

Political instability in Greece casts doubts on the country’s attempts to meet its commitments with international lenders, such as EU and IMF, thus pushing Greece to leave the euro zone.
Fitch agency has earlier warned that unrest in Greece and the possibility of its withdrawal from the currency zone threat loan ratings of all the other EU member-states. —0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img