Mon, 27 January
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USD: 398.97 RUB: 4.07 EUR: 418.48 GEL: 138.43 GBP: 495.92
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Tag: Greece

Head of Armenian central bank off to Greece for BSTDB meeting

Banks admin -
The chairman of the Central Bank of Armenia Artur Javadyan has left for Thessaloniki (Greece) to participate in the 12th annual meeting of top managers of the Black Sea Trade and Development Bank (BSTDB)

Greece denied IMF bailout package: what next?

Economy admin -
The board of the International Monetary Fund decided Wednesday that Greece was disqualified for any IMF bailout given its high debt levels and poor reform record, vestifinance.ru reports referring to The Financial Times

BRICS central banks interested in Greece’s participation in projects with new bank of development

Banks admin -
BRICS countries have begun consultations on creating a multi-lateral payment system similar to SWIFT, Russian Deputy Foreign Minister Sergey Ryabkov told RIA Novosti in an interview

IMF refuses to grant Greece delay in Debt Payment

Economy admin -
International Monetary Fund (IMF) is refusing to grant Greece a delay in payment of its debt in May, IMF head Christine Lagarde said

Moody’s upgrades Greece’s bond rating to Caa1 from Caa3: Reuters

Economy admin -
YEREVAN, August 2. /ARKA/. Moody's Investors Service upgraded Greece's government bond rating to Caa1 from Caa3, citing the progress...

IMF admits ‘notable failures’ in Greek bailout: AP

Economy admin -
The International Monetary Fund acknowledged on Wednesday that it made "notable failures" in the Greek bailout, underestimating how much the austerity measures it pushed would pinch the country's already faltering economy

Greek Larissa bank robbed of € 1 million

Banks admin -
Two armed men broke into Greece’s National Bank’s branch in Larissa’s central square around 08.30 a.m. and threatening the employees managed to get away with an amount of almost €1 million

Greece to extend bank recapitalization deadline: Central Bank chief, Reuters reports

Banks admin -
Greece will extend a deadline for the recapitalization of its banks by a few weeks, possibly until the end of May, Greek central bank chief George Provopoulos said on Monday, Reuters reported

Greek banks may get 7.2bln euros in loan from EFSF in April

Banks admin -
The EU-backed loan for bank recapitalization may be extended in April, Chief Executive Officer of the European Financial Stability Fund

Greece to receive EU, IMF loans in near future – Greek PM

Economy admin -
Greece will receive EU and IMF loans in the near future, believes prime minister Antonis Samaras

Greece’s withdrawal from the Eurozone may cause global economic crisis

Economy admin -
Greece's exit from the Euro bears the risk of kindling a wildfire throughout Europe - possibly even on an international level - and may result in a worldwide economic crisis

European Investment bank begins immediate allocation of 750 million euros to Greek economy

Economy admin -
The European Investment Bank began immediate allocation of up to 750 million euros ($966 million) to the crisis-hit Greek economy, RIA Novosti reported citing the Greek finance ministry

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Euro jumps by 3.25 drams to 418.48 drams

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The average market exchange rate of the U.S. dollar to the Armenian dram on January 24, 2024, amounted to 398.97 drams, having risen by 0.09 points compared to January 23.

Goldman Sachs considers opportunities for cooperation with Armenia

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Armenian Prime Minister Nikol Pashinyan met with Jared Cohen, President of Global Affairs of Goldman Sachs, one of the world’s leading investment banks, within the framework of the World Economic Forum in Davos.

US dollar exchange rate up by 0.14 points, while the euro falls by 1.37 points

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The average market exchange rate of the U.S. dollar to the Armenian dram at the end of January 23, 2024, amounted to 398.88 drams, having risen by 0.14 points compared to 22 January.

Armenia to receive 45.3 million euros from Asian Development Bank to improve healthcare quality

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Armenia will receive a EUR 45.3 million loan from the Asian Development Bank for the implementation of the ‘Health Care Quality Improvement Programme’. The Armenian government made a corresponding decision on Thursday.

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