EU summit didn’t discuss establishing eurobonds immediately – rompuy

YEREVAN, May 24. /ARKA/. EU 27 leaders didn’t discuss establishing eurobonds immediately at the summit in Brussels, President of the European Council Herman Van Rompuy declared at the press conference after the session, RIA Novosti reports.

He added that no country stands for immediate establishment of the eurobonds, and the leaders just discussed them as a long-term project for deepening monetary union.

The newly elected French president François Hollande pointed out that eurozone debt liability had to be retained as an option for saving the currency. Germany however, responded against it, stating that this option may equal the revenue of weak and strong euro zone countries thus blurring  the risk boundaries. —0–

spot_img

POPULAR

Unibank to participate in Leasing Expo 2026 with a special offer

From April 10–12, 2026, Unibank will participate in Armenia’s largest international exhibition for leasing and financial solutions, offering visitors favorable conditions.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

LATEST NEWS

spot_imgspot_imgspot_img