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    February 2013
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  • Archive for February 8th, 2013

    Use of electronic payment products added $983 billion to GDP of 56 countries

    Friday, February 8th, 2013

    The growth in the use of electronic payment products, such as credit and debit cards, added $983 billion to the Gross Domestic Product (GDP) of the 56 countries examined between 2008 and 2012, according to a study conducted for Visa by Moody’s Analytics, a leading independent provider of economic forecasting

    Ardshininvestbank starts servicing public servants social package accounts in Armenia

    Friday, February 8th, 2013

    Ardshininvestbak starts servicing the accounts of social packages for public servants of a number of state organizations as from February 11, the bank’s press service told ARKA Agency

    Nordea experts forecast world economy growth by 3.5% in 2013

    Friday, February 8th, 2013

    YEREVAN, February 8. /ARKA/. World economy will increase to 3.5% in 2013, and to 4% in 2014, Steen Grøndahl, the Head of Global Research for Nordea Markets, told reporters, reported. According to him, the USD will be strengthening for the next few years and US economy will grow to 2% after some slowdown. The […]

    ECB keeps interest rate at 0.75% for seventh month, dailyfx reports

    Friday, February 8th, 2013

    The European Central Bank left the interest rate unchanged at 0.75% for the seventh straight month following its monthly meeting. The unchanged benchmark interest rate was as expected by Bloomberg surveyed analysts. Euro traders will now look forward to the press conference with ECB President Draghi, which is scheduled to take place at 13:30 GMT