Thu, 6 February
-1.9 C
Yerevan
USD: 396.58 RUB: 4.04 EUR: 413.36 GEL: 140.63 GBP: 497.27
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net inflow of remittances from Russia to Armenia in 2024 decreased by 52.3% – Ministry of Finance

In January-December 2024, the net inflow of remittances to Armenia decreased by 34.8%, with a decline of 52.3% from the Russian Federation and 3.5% from other countries.

Euro exchange rate plummets by 5.57 points to AMD 406.68

The average market exchange rate of the U.S. dollar to the Armenian dram on February 3, 2025, totaled 396.99 drams, down 0.36 points compared to January 31.

Net inflow of money transfers to Armenia drops 1.1 times in 2024

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $1.51 billion in January-December 2024, compared to $1.65 billion in 2023, according to the report from the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img