{"id":85765,"date":"2015-03-23T12:10:26","date_gmt":"2015-03-23T12:10:26","guid":{"rendered":"https:\/\/armbanks.am\/2015\/03\/23\/242550\/"},"modified":"2024-12-15T13:16:57","modified_gmt":"2024-12-15T13:16:57","slug":"union-of-banks-of-armenia-10-15-years-required-for-introducing-single-eeu-currency","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/03\/23\/85765\/","title":{"rendered":"Union of Banks of Armenia: 10-15 years required for introducing single EEU currency"},"content":{"rendered":"<p><strong>YEREVAN, March 23. \/ARKA\/.<\/strong> Introducing a single Eurasian Economic Union (EEU) currency will require a long period of time, some ten to fifteen years, head of the Union of Banks of Armenia Samvel Chzmachyan said in his interview to ARKA.<\/p>\n<p>On March 10, Russia\u2019s president Vladimir Putin instructed the Bank of Russia to consider the possibility of setting a currency union within the EEU, together with the central banks of the member states (Belarus, Kazakhstan and Armenia).<\/p>\n<p>According to Chzmachyan, out of 28 EU countries only 18 use euro, the rest continue their way with local currencies.<\/p>\n<p>Introduction of a single currency is not an easy process and implies solutions are found to a number of political, economic, financial and other issues, Chzmachyan said. \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introducing a single Eurasian Economic Union (EEU) currency will require a long period of time, some ten to fifteen years, head of the Union of Banks of Armenia Samvel Chzmachyan said in his interview to ARKA<\/p>\n","protected":false},"author":1,"featured_media":157369,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12159,9216],"tags":[15837,13799,12206],"class_list":["post-85765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-exchange-market","category-news","tag-armenia-2","tag-eeu","tag-president"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - 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