[ad_1] Standard & Poor’s (S&P) global rating agency confirmed Russia’s long-term credit rating at BBB-, Report informs, citing Russian media. According to the agency, Moscow plays a crucial role in the country’s socio-economic life and constitutes 20% of the GDP. “The economy of Moscow is characterized by high diversification. The population of the capital is… Continue reading S&P affirms Russia’s long-term rating
Tag: longterm
TAP official: Gas market participants do not want to take long-term commitments – EXCLUSIVE
[ad_1] Auctions announced in 2019 for additional gas volumes via the Trans-Adriatic Pipeline (TAP), intended to transport natural gas produced in Azerbaijan to Europe, failed. Murad Heydarov, a member of the Board of Directors of the TAP consortium, told Report. “According to him, these auctions were to be completed in 2020: However, the deadline for… Continue reading TAP official: Gas market participants do not want to take long-term commitments – EXCLUSIVE
EU stands for long-term, sustainable peace in Caucasus, says Charles Michel
[ad_1] The European Union is interested in the stability and prosperity of the entire region, President of the European Council Charles Michel said at a joint press conference with President of Azerbaijan Ilham Aliyev in Baku, Report informs. The European Council President noted that during his meeting with Ilham Aliyev, they discussed prospects for the… Continue reading EU stands for long-term, sustainable peace in Caucasus, says Charles Michel
IMF: Structural reforms needed in Azerbaijan for long-term growth potential
[ad_1] Structural reforms are needed in Azerbaijan to boost productivity and long-term growth potential, Report informs referring to a report by the International Monetary Fund (IMF) following consultations with the Azerbaijani government under Article IV of the IMF’s Articles of Agreement. Comprehensive structural reforms in line with the recently approved national priorities for socio-economic developments… Continue reading IMF: Structural reforms needed in Azerbaijan for long-term growth potential