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MOODY'S AND REPUBLICAN VICTORY
Story from Lragir.am News:
http://www.lragir.am/engsrc/economy26199.html
Published: 12:40:35 - 15/05/2012
Bloomberg: The election victory of Armenia's ruling coalition is credit
positive as it "will ensure a degree of political stability and policy
continuity," according to analysts at Moody's Investors Service.
"Key challenges for the new Armenian government lie in managing the
geo-politically sensitive region of Nagorny Karabakh, over which
Armenia and Azerbaijan are in disagreement, and of the closed border
with its neighbor country, Turkey," Lucie Villa and Aukse Montvilaite
wrote in Moody's weekly credit outlook published today. "Governmental
continuity in light of these sensitivities is positive."
Armenia is rated Ba2 with a negative outlook at Moody's, the second
best junk rating.
Story from Lragir.am News:
http://www.lragir.am/engsrc/economy26199.html
Published: 12:40:35 - 15/05/2012
Bloomberg: The election victory of Armenia's ruling coalition is credit
positive as it "will ensure a degree of political stability and policy
continuity," according to analysts at Moody's Investors Service.
"Key challenges for the new Armenian government lie in managing the
geo-politically sensitive region of Nagorny Karabakh, over which
Armenia and Azerbaijan are in disagreement, and of the closed border
with its neighbor country, Turkey," Lucie Villa and Aukse Montvilaite
wrote in Moody's weekly credit outlook published today. "Governmental
continuity in light of these sensitivities is positive."
Armenia is rated Ba2 with a negative outlook at Moody's, the second
best junk rating.