Eurozone retail sales sink in June August 5, 2015 - 14:31 AMT PanARMENIAN.Net - Eurozone retail sales missed expectations in June, sinking by 0.6% compared to the previous month.That leaves sales up just 1.2% compared to the same period last year, Business Insider reports. Analysts expected a 0.3% fall in retail sales in June, compared to May, which would have still left them up 1.9% year-on-year. Eurozone retail sales bounced as the year began, partly driven by the slump in oil prices seen around the world, and economists have debated whether the upswing can continue.  Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
