Armenia, Germany expand financial cooperation

YEREVAN, October 25. /ARKA/. Armenian Finance Minister Atom Janjughazyan received Friday German Ambassador to Armenia Michael Johannes Banzhaf, the press office of the ministry reports.
Current cooperation and prospects for its development were discussed at the meeting along with other issues.

The Armenian minister and the German ambassador stressed the importance of the programs being implemented in energy, environment, small and medium businesses and insurance of farming.
The activities of German Developmnet Bank (KfW) and the German Society for International Cooperation (GIZ) were discussed at the meeting as well.

An agreement of cooperation between Armenian and German governments was signed upon completion of the meeting. -0—

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 17, 2026, fell by 0.15 points compared to June 16, to 368.06 drams.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Euro and dollar exchange rates against the Armenian dram fell slightly, while the ruble rose,: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 19, 2026, fell by 0.04 points compared to June 18, to 368.15 drams.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

LATEST NEWS

spot_imgspot_imgspot_img