Wed, 4 February
1.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Armenia interested in Swiss experience in return of assets of illegal origin

YEREVAN, October 4. /ARKA/. The Armenian side is interested in the Swiss experience of recovering assets of illegal origin, Armenian Foreign Minister Ararat Mirzoyan said a meeting with State Secretary of the Federal Department of Foreign Affairs Livia Leu held in Geneva on October 3, the Armenian Foreign Ministry reported.

Ararat Mirzoyan briefed his colleague on the situation resulting from Azerbaijan’s recent large-scale aggression against the sovereign territory of Armenia, specifically emphasizing the inadmissibility of the policy adopted by Azerbaijan to achieve its own maximalist aspirations with the use of force and threat of use of force.

The interlocutors also touched upon a number of issues of bilateral and multilateral agenda of Armenia and Switzerland.

Ararat Mirzoyan and Livia Leu exchanged views on regional developments. Minister Mirzoyan expressed his gratitude for hosting the meeting with the Foreign Minister of Azerbaijan yesterday and presented the unfolded discussions. -0-

spot_img

POPULAR

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

LATEST NEWS

spot_imgspot_imgspot_img