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IVQ economy of eurozone downed 0.9%

YEREVAN, March 6. /ARKA/. Eurostat will publish the second assessment of the Eurozone’s 4Q GDP at 14:00 Moscow time.

The experts said the Eurozone economy has likely tumbled by 0.9%, and 0.6% within a year, Prime agency reported Wednesday.Later today, at 17:15 Moscow time, Automatic Data Processing, Inc. (ADP) will unveil the changed number of jobs in the U.S. private companies in February.

The analysts surveyed by dailyFX.com portal anticipate the number of jobs has risen by 170,000 from January’s 192,000. At 19:00 Moscow time, U.S. Census Bureau will report the statistics on industrial orders in the country per January. The analysts expect the number of orders to fall by 2.2% after 1.8% upturn a month earlier.

At 23:00 the U.S. Federal Reserve will publish a report on economic conditions in the 12 districts (The Beige Book).—0-

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S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

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