Fitch revises Armenia banking sector outlook to negativeMarch 26, 2020 - 17:16 AMT PanARMENIAN.Net - Fitch ratings agency has revised banking sector outlooks to negative for Armenia and a number other ex-Soviet nations on Wednesday, March 25. The agency has also revised banking sector outlooks to negative for Russia, Ukraine, Kazakhstan, Azerbaijan, Belarus and Georgia, only keeping Uzbekistan’s banking sector outlook stable. Fitch said that economic pressure from coronavirus coupled with weak oil prices are “credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions.” Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |