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

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

LATEST NEWS

spot_imgspot_imgspot_img