ArmInfo. Tariffs for gas transportation in the Eurasian Economic Union (EAEU) were not agreed by the Council of the Eurasian Economic Commission (EEC), the meeting  of which was held yesterday.

ArmInfo. Fitch Ratings has revised Yerevan City's Outlook to Negative from Stable, while affirming the city's Long-Term Foreign- and Local-Currency Issuer  Default Ratings (IDRs) at 'BB-'. As the Fitch report published on its  website on April 17 informs, the revision of Outlook follows a recent  similar action on the sovereign ratings of Armenia (to Negative;  Affirms at 'BB-' dated 3 April 2020), due to expected negative impact  of the coronavirus pandemic on the national economy. 

ArmInfo. Armenia has ensured its food security by at minimum 70% . Member of the My Step parliamentary faction Varazdat Karapetyan expressed a similar opinion to ArmInfo.

ArmInfo. The European Fund for Southeast Europe (EFSE) has provided two loans to Inecobank, a longstanding partner institution in Armenia, to support the bank in  responding to the economic impacts of the coronavirus crisis the  official website of EFSE reports.  

ArmInfo.We have submitted to the government three packages of economic and social measures that will make it possible to reduce the destructive effects of coronavirus.   Mikayel Melkumyan, MP from the Prosperous Armenia faction, said this  at a briefing in the National Assembly on April 20.

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ArmInfo.Martin Galstyan will assume the post of head of the Central Bank of Armenia on June 13, 2020. ArmInfo was informed about this in the press service of the  CBA.

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ArmInfo. The authorized capital of Converse Bank has increased by AMD 3,531 B (USD 7.4 m).  The decision on replenishment of the authorized capital was taken at the General Shareholder Meeting of the Bank on April 2.

ArmInfo. The RA State Revenue  Committee has revealed violations by the real beneficiary regarding  tax evasion on an especially large scale. Damage to the state is  estimated at 37.3 million drams.

ArmInfo. The "South Caucasus  Railway" company in April began scheduled work on the overhaul of the  railways.

ArmInfo. The investigator or  investigative body will have to receive the approval of the  prosecutor in the decision-making process on conducting a  comprehensive tax audit in Armenia.

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ArmInfo.  Artur Javadyan will  be replaced by Martin Galstyan as chairman of the Central Bank of  Armenia, whose candidacy was approved on April 17 by secret ballot in  the RA National Assembly by a majority of the MPs.

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ArmInfo.  VTB Bank (Armenia), has  reduced its monthly loan debt burden by an average of 3%, and  extended the loan repayment term by 3-5 months for individual  borrowers who, as a result of the COVID-19 pandemic and the  suspension of the activity of a number of sectors, lost all or part  of their income. As the press service of the Bank reported to  ArmInfo, the decision was timely for customers, and important for the  bank: "Comfort and customer care is our most important task."