Sun, 19 October
17.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Moody’s downgrades German, Dutch and Luxembourg economic outlook to negative

YEREVAN, July 24. /ARKA/. Ratings agency Moody’s has downgraded the economic outlooks in Germany Netherlands and Luxembourg from stable to negative, due to developments in the eurozone, Russian RIA Novosti reports Tuesday referring to France-Presse.
However the ratings of these countries remained at “Aaa” level.
The agency said it had downgraded ratings due to “rising uncertainty” around the debt crisis in the eurozone.

According to it, the possibility of Greece’s withdrawal from the eurozone is becoming more and more real, what, in turn, may strike heavily the other members, such as Italy and Spain.
Negative outlooks mean that the agency may downgrade the rating within the next 12-18 months. —0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

LATEST NEWS

spot_imgspot_imgspot_img