Javadyan: no talk about single currency for EEU until 2015

YEREVAN, July 6. /ARKA/. The introduction of a single currency for member countries of the Eurasian Economic Union may appear on the agenda no earlier than 2015, the chairman of the Central Bank of Armenia Arthur Javadyan said today.

Speaking to reporters in the parliament he said much had been said about this matter, but at the moment Armenia and its partners in EEU have the same approach to this issue – not to discuss this issue until 2025.

He noted that after 2025 this issue will be discussed depending on the situation in which the economies of the EEU member countries will be.

“Our position on this issue is very strong: As we are witnessing both positive and negative aspects of the introduction of the single currency in the European Union, we have learned enough lessons, which is one of the reasons that all EEU member countries try to avoid talking about this issue,” Javadyan said. -0-

spot_img

POPULAR

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

LATEST NEWS

spot_imgspot_imgspot_img