Eurozone private sector recovery gathers pace in January: surveyJanuary 23, 2014 - 23:48 AMT PanARMENIAN.Net - The recovery among eurozone private sector firms gathered pace in January, a survey has indicated, with growth at its fastest pace since June 2011, according to BBC News. The latest Markit Purchasing Managers' Index (PMI) for the eurozone economy rose to 53.2 from 52.1 in December. A figure above 50 indicates expansion. Growth accelerated in Germany while the rate of decline slowed in France. Separate figures from the Bank of Spain showed the country's economy grew by 0.3% in the last three months of 2013. It was the second quarter of growth in a row for Spain, although the economy shrank by 1.2% over the year as a whole. Figures from Spain's National Statistics Institute showed that the country's unemployment rate edged up slightly to 26.03% in the fourth quarter of this year from 25.98% in the previous quarter. Related links: 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |