YEREVAN, January 15. /ARKA/. The EBRD financed a record volume of projects in Armenia in 2015, providing strong support to the country’s economy in a challenging economic environment that was affected by the regional crisis, according to a press release.

The EBRD financed 14 projects with total investments reaching US$ 140 million for the year, unprecedented level in the 24 years that the Bank has worked in Armenia, and a clear indication of both the investment opportunities in the country and strong demand for EBRD funding.

The investment activities of the EBRD were strongest in the areas of financial institutions, transport, municipal infrastructure, industry, commerce and agribusiness. The EBRD also had another notable year of working with banks to provide trade finance to the Armenian corporate sector. In line with its strategy, the EBRD assisted its clients by increasing the level of local currency financing, helping to further develop capital markets, and supported consolidation of the banking system. In addition, the EBRD participated in a landmark international syndication for Zvartnots international airport which will provide significant new resources for further investment in Armenia.

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Consumer prices in Armenia rose 5% in Jan-May 2015, compared with the same period a year before, the National Statistical Service of Armenia reports

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Japanese parliament okayed March 19 the fiscal 2014 budget — the largest in history at 95.88 trillion yens. The budget’s enactment will allow the government to start implementing it on April 1, the beginning of the new fiscal year, with no delay

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The Dow Jones industrial average and S&P 500 both closed Thursday with record highs after remarks by Federal Reserve Chairman Ben Bernanke that seem to indicate a continued stimulus

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The Dow Jones Industrial Average soared to a record closing high, breaking through levels last seen in 2007, RTÉ news reported yesterday

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