Sat, 26 July
31.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Introduction of single currency for EEU possible in long -term perspective- expert

YEREVAN, September 3. / ARKA /. Rinat Galitdinov, deputy head of a unit at the Eurasian Economic Union, believes that introduction of a single currency for the Russia-led trade union is possible in the long run perspective.

In an interview with Armenian daily ‘Zhamanak” (Time) he said there were no specific agreements between the member states of the union yet on the introduction of a single currency, but that experts were already working on it.

According to Galitdinov, in a few years the experts will be able to decide whether the union does need a single currency and how that instrument would work.

“Given the fact that the Eurasian Economic Union is a relatively new structure, it is still too early to talk about a single currency for it,’ he said. -0

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

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

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

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

LATEST NEWS

spot_imgspot_imgspot_img