Wed, 3 December
-0.9 C
Yerevan
USD: 381.24 RUB: 4.90 EUR: 442.43 GEL: 141.15 GBP: 502.97

IMF refuses to grant Greece delay in Debt Payment

YEREVAN, April 17. /ARKA/. International Monetary Fund (IMF) is refusing to grant Greece a delay in payment of its debt in May, IMF head Christine Lagarde said.

According to the Financial Times newspaper’s Thursday report, Lagarde had explained the policy of not granting delay requests to Greek Finance Minister Yanis Varufakis, the Prime reports.

The IMF has not provided delays for 30 years now, Lagarde said. She said they provided clarifications to the minister on the policy and the respective procedures. –0–

spot_img

POPULAR

Online Deposit via Byblos Mobile; No branch visit required

Byblos Bank Armenia offers customers the opportunity to open a high-yield online deposit through the Byblos Mobile application.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img