Economy

About half of respondents of an on-line survey at www.armbanks.am expect Greece to default any time soon

10.02.2012

About half of respondents of an on-line survey at www.armbanks.am expect Greece to default any time soon

YEREVAN, February 10. /ARKA/. About half of respondents of an on-line survey at www.armbanks.am expect Greece to default in the coming months.

According to the survey, 42% of respondents (55 people) were absolutely convinced that Greece would not be able to avoid default in the near future. Another 37% of the respondents (48 people) did not believe that could happen in the coming months. Only 8% of respondents (10 people) found it difficult to give a concrete answer to the question whether they expected a European country to default any time soon.

According to the survey, 6% (8 people) said Italy would be the first toa default, 5% (7 people) thought it would Spain and 2% (2 people) though it is Portugal.

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Hard to be optimistic about EU prospects: expert

10.02.2012

Hard to be optimistic about EU prospects: expert

Hard to be optimistic about EU prospects: expert

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The share of trade crediting in December in Armenia was 23% – over 275.7 billion drams

09.02.2012

The share of trade crediting in December in Armenia was 23% – over 275.7 billion drams

The share of loans provided by commercial banks of Armenia in December 2011 was 23% of all the provided loans to the residents (by economy branches), the site of CBA informs.

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IFC will provide Armenia with $1.9 million to help it improve investment climate

08.02.2012

IFC will provide Armenia with $1.9 million to help it improve investment climate

The International Finance Corporation (IFC), a member of the World Bank Group, will provide Armenia with $1.9 million grant to help it improve its investment climate.

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MP: Armenian economy should be prepared for crisis

07.02.2012

MP: Armenian economy should be prepared for crisis

MP: Armenian economy should be prepared for crisis

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Metal market: quotes of gold decreased, and cooper jumped on the background of U.S. macroeconomic statistics

06.02.2012

Metal market: quotes of gold decreased, and cooper jumped on the background of U.S. macroeconomic statistics

On the first day of trading last week gold has shown a weak downward trend, as investors kept cautious, watching the progress of EU summit in Brussels.

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Talk about collapse of euro zone irrelevant: Hristea

06.02.2012

Talk about collapse of euro zone irrelevant: Hristea

Speculation about the impending collapse of the euro zone economy is not grounded, head of EU delegation to Armenia, Trajan Hristea, said.

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Monetary base of Armenia in December increased by 13.6% making 671.3 billion drams

02.02.2012

Monetary base of Armenia in December increased by 13.6% making 671.3 billion drams

Monetary base of Armenia in December 2011 increased by 80.2 billion drams or by 13.6% compared to the last month, making about 671.3 billion drams.

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Inflation in January advances by 4.8 percent

01.02.2012

Inflation in January advances by 4.8 percent

Inflation in January advances by 4.8 percent.

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Statistical report: economic activity index rises 5.9% in Armenia in 2011

31.01.2012

Statistical report: economic activity index rises 5.9% in Armenia in 2011

Economic activity index rose 5.9% in Armenia in 2011, compared with 2010, National Statistical Service of Armenia reports.

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