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Tag: RECESSION

Armenian Premier: World Economy Slipping Into Double-Dip Recession Now

Economy
The world economy is slipping into double-dip recession now because of errors made before and formation of a new lifestyle, Armenian Prime Minister Tigran Sargsyan said at the seminar

Report: Necessary steps taken by Armenian economy ministry ward off recession

Economy
Armenian Economy Ministry took necessary measures to mitigate and neutralize impacts of the global recession on the country and to prevent social tension here, the ministry says in its report submitted to the government on Wednesday.

Armenia economy getting out of worst economic recession

Announces
Armenia economy getting out of worst economic recession

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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