Russian Open JSC “Gasprombank” and CJSC “ArmRosgasprom” signed an agreement on opening credit line in the amount of 40 million US dollars
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Archive for October 26th, 2009
Gasprombank opened long-term credit line for ArmRosgasprom
Monday, October 26th, 2009Armavia is ready to place shares in London but is waiting for the end of crisis
Monday, October 26th, 2009Armavia is ready to place its shares in London stock exchange but is waiting for the end of world crisis
Tsarukyan does not see any signs of coming out of the crisis in Armenia
Monday, October 26th, 2009Gagik Tsarukyan, large Armenian entrepreneur, does not see any signs of coming out of the crisis in Armenia.
Armenian it sector not affected by global crisis
Monday, October 26th, 2009The global economic and financial crisis has not affected Armenian informational technology (IT) sector, Vache Kirakosian, head of an economy ministry department in charge of information and high technologies, said last Friday at Novosti International Press Center.
CB of Armenia placed short-term treasury state bonds in the volume of 1 billion drams
Monday, October 26th, 2009Central Bank of Armenia placed short-term treasury 26-week state bonds of the series AMGT26204105 in the volume of 1 billion drams, informed press-service of CB of Armenia to ARKA.
Ratio of monetary position of central bank to facilitate market stabilization
Monday, October 26th, 2009Commercial banks of Armenia positively evaluate the introduction of CBA’s special economic norms on foreign exchange position and consider it timely.
Oil against dollar; will a new currency appear to replace dollar in oil trading
Monday, October 26th, 2009U.S. dollar is going through dire times. Despite some signs of economic recovery in the United States, the confidence in the American currency is slow to pick up.
WB: Armenian government should be careful with developing strategies overcoming crisis
Monday, October 26th, 2009The Armenian government should be more careful in designing a strategy for taking the country out of the crisis, World Bank Managing Director Ngozi Okonjo-Iweala said in Yerevan.
Armenia’s economic structure must be changed
Monday, October 26th, 2009World Bank Managing Director Ngozi Okonjo-Iweala said Armenia’s economic structure must be changed.
EBRD forecasts insignificant recover for 2010
Monday, October 26th, 2009Economies that continue to face problems in their banking sectors and domestic obstacles to a return of confidence could contract further in 2010 or show only flat growth, according to EBRD Transition report.
