Tue, 24 February
7.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

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-

spot_img

POPULAR

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

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.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

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%).

LATEST NEWS

spot_imgspot_imgspot_img