Thu, 5 February
3.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

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

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Armenia approves state mortgage support program for army officers

At a meeting on Thursday, the Armenian government approved a state mortgage support program for military officers.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img