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  • Archive for August 2nd, 2014

    Fitch ratings confirmed Armenia’s long-term foreign and local currency IDRs

    Saturday, August 2nd, 2014

    Fitch Ratings has affirmed Armenia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BB-‘. The Outlooks are Stable

    Asian Development Bank approves $37 million loan for Armenia

    Saturday, August 2nd, 2014

    The Asian Development Bank (ADB) has approved a $37 million loan for Armenia to help it rehabiliate its electricity transmission system. The loan will be granted from ADB’s special concessional fund

    Moody's upgrades Greece's bond rating to Caa1 from Caa3: Reuters

    Saturday, August 2nd, 2014

    YEREVAN, August 2. /ARKA/. Moody’s Investors Service upgraded Greece’s government bond rating to Caa1 from Caa3, citing the progress in implementing structural reforms. The outlook on the rating is stable. The ratings agency said Greece’s short-term debt rating is unaffected and remains “Not Prime”. Moody’s said it expects the general government debt-to-GDP ratio to decline […]