Tuesday, February 9, 2016

RIA — Former Prime Minister of Armenia Urges Countries of the EEU to Create Single Currency

Member countries of the EAEU (EEU) must create a single currency, believes the former Prime Minister of Armenia, opposition MP from the Armenian national Congress Hrant Bagratyan.
"With 300 billion trade turnover between the countries of the EEU, operations should not be conducted in dollars. To reduce the dependancy on that currency, payments between countries should be conducted in other currencies," said Bagratyan to the Arka Agency.
The Minister for main integration directions and macroeconomics of the Eurasian Economic Commission, Valovaya Tatyana Dmitriyevna, on Monday told reporters that a single currency system will not be implemented within the EEU, because it can lead to negative economic consequences.…
Fort Russ
Former Prime Minister of Armenia Urges Countries of the EEU to Create Single Currency
RIA
Translated by Ollie Richardson for Fort Russ

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