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ECB council member: No inflation pressure risks in European economy

21.08.2010

ECB council member: No inflation pressure risks in European economy

YEREVAN, August 20. /ARKA/. Patrick Honohan, a member of  European Central Bank Governing Council, said he sees a “stronger tone” to the European economy and has no immediate concern about inflationary pressure, Bloomberg reports.

Speaking about second-quarter gross domestic product in Europe, he said that “there is every indication that inflation expectations are steady, are not moving around, and the projection of actual inflation is still well within where we would like it to be”, RIA Novosti News Agency reports.

Media reports show ECB policy makers are divided on the risks posed by inflation.

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Armenian ministry of finance: Armenia will provide economic growth in 2010

26.07.2010

Armenian ministry of finance: Armenia will provide economic growth in 2010

Armenia will provide economic growth in 2010, said Armenian Minister of Finance Tigran Davtyan.

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Davtyan: IMF facilitates credit terms for Armenia

23.07.2010

Davtyan: IMF facilitates credit terms for Armenia

International Monetary Fund (IMF) facilitates credit terms for Armenia by increasing redemption of anti-crisis credits twice, said Armenian Minister of Finance Tigran Davtyan.

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Deputy Minister Forecasts 4.8 GDP Growth Fro 2010

13.07.2010

Deputy Minister Forecasts 4.8 GDP Growth Fro 2010

A deputy Armenian finance minister predicted today a 4.8% full-year economic growth for the country after the GDP rose by 8.8%.

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IFC and EBRD will allocate credit in the amount of &9 million to Armenian construction company “Elite Group”

09.07.2010

IFC and EBRD will allocate credit in the amount of &9 million to Armenian construction company “Elite Group”

IFC and EBRD will allocate credit in the amount of &9 million to Armenian construction company “Elite Group”

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Russian experts not to rule out second wave of world crisis

02.07.2010

Russian experts not to rule out second wave of world crisis

Russian experts not to rule out second wave of world crisis

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Armenian economy stabilizing: MP

30.06.2010

Armenian economy stabilizing: MP

A senior member of the Armenian parliament said today the economic situation will have stabilized this year.

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More than half of Armenian respondents expect a second wave of crisis

30.06.2010

More than half of Armenian respondents expect a second wave of crisis

More than half of Armenian respondents expect a second wave of crisis

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Wb: Effect from Armenian Government’s Anti-Crisis Steps Already Visible

24.06.2010

Wb: Effect from Armenian Government’s Anti-Crisis Steps Already Visible

Pedro Rodriguez, a leading economist at the WB, thinks that the steps taken by Armenian government to buffer adverse impacts of the economic crisis have already produced visible results

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8% year-on-year inflation in Armenia in Jan-Apr 2010

20.05.2010

8% year-on-year inflation in Armenia in Jan-Apr 2010

Armenia had 8% inflation in Jan-Apr 2010, compared with the same period a year before.

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