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Tag: UK

The UK to provide assistance to Business Support Office in Armenia

Banks
The UK Government’s Good Governance Fund (GGF) will be supporting the operation of the EBRD backed Business Support Office (BSO) in Armenia. The GGF will also help the BSO to take forward a series of targeted activities to address the economic impact of Covid-19 on SMEs in Armenia

British pound falls to its lowest for five years

Exchange market
The British pound has fallen to its lowest level against the dollar for nearly five years on weak UK industrial output figures and uncertainty over the outcome of the election, Vestofinance.ru reports citing news agencies

PM Urges more action on tax from UK territories: Reuters

Economy
Prime Minister David Cameron wrote to leaders of Britain's offshore territories and other self-governing regions, urging them to sign up to international protocols on information exchange, and improve their transparency

Cable against further U.K. cuts, wall street journal reports

Economy
U.K. Business Secretary Vince Cable, a senior member of the junior coalition partner the Liberal Democrats, Sunday made it clear his party would not support deeper austerity measures to regain a triple-A credit rating from Moody's

Merkel ready to discuss UK plans on EU, Skynews reports

Economy
Chancellor Angela Merkel says Germany is ready to discuss Britain's 'wishes' on the EU after Prime Minister David Cameron announced an in-or-out referendum

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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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