The European Investment Bank began immediate allocation of up to 750 million euros ($966 million) to the crisis-hit Greek economy, RIA Novosti reported citing the Greek finance ministry

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Tags: BANKING INVESTMENT, Europe, Greece

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Greek Prime Minister Antonis Samaras wants international lenders to give his indebted country more time to complete reforms that have been demanded as a condition for financial aid, he told Germany’s Bild newspaper

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Tags: Greece

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Government subsidies hobble international trade development, Tatul Manaseryan, the head of Alternative analysis center, said Wednesday during Yerevan – Moscow – Kyiv – Chishinau – Astana

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Tags: Manaseryan, subsidies, trade

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The Armenian economy is ready to face the consequences of a possible turmoil at global markets, finance minister Vache Gabrielian said Friday

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Tags: Armenia, Economy @en, FINANCE MINISTER

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Armenia has successfully withstood the consequences of the global financial and economic crisis, the Black Sea Economic Cooperation Organization (BSECO)

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Tags: Armenia, BSECO, Kondakov

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Italy plans to sell 30 billion euros ($38 billion) worth of public assets by the end of the year to reduce its massive debt

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Tags: ASSETS, Italy

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Italian public debt has reached a new record high, RIA Novosti reports citing data released today by the Bank of Italy

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Tags: Credit, Italy, RECORDED

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The World Bank reviewed Armenia’s GDP indicator upgrading it to 4.5% from 4.2%

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Tags: Armenia, Economy @en, FORECAST, WB

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The EurAsEc, a regional economic grouping of ex-Soviet republics led by Russia, will disburse a $440 million third tranche of a bailout loan to Belarus within a week

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Tags: Belarus, EurAsEC

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Armenia reported an inflation at 2.7% in March of 2012 from December 2011, and this benchmark is the second among CIS states, according to the CIS Statistical Committee

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Tags: Armenia, CIS, INFLATION

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