Fitch says escalation of conflict between Armenia, Azerbaijan unlikely
Fitch Ratings has affirmed Armenia's long-term foreign-currency issuer default rating (IDR) at 'BB-' with a stable outlook.
"In Fitch's view, a comprehensive peace agreement will be challenging, owing to Azerbaijan's demands for Armenia to establish a transit corridor through its territory and changes to its constitution, which will be politically difficult to agree to," the agency said.
"Our base case does not include an escalation of the conflict, even though Azerbaijani troops continue to have a presence inside Armenian territory, and there have been sporadic exchanges of fire," it added.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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Drivers warned about icy roads in Armenia's Syunik
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11:00
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