The EU Commission has initiated the process for Armenia to gain visa-free travel within the EU, following progress in implementing necessary reforms. This move is part of the EU’s commitment to strengthening relations with Armenia and enhancing mobility for its citizens. The decision reflects positive developments in Armenia’s governance and justice system, paving the way for increased cooperation between the EU and Armenia.
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Eurozone economy grows 0.4% in first quarter ahead of Trump’s tariffs
The Eurozone economy grew 0.4% in Q1, exceeding expectations ahead of Donald Trump's tariff announcements, doubling the previous quarter's growth of 0.2%. Analysts predict that the ensuing global trade war will adversely affect future performance, with indicators of declining business confidence and potential for a technical recession in H2. The European Central Bank has repeatedly lowered growth forecasts, now at 0.9% for 2025, and anticipates further interest rate cuts amidst rising trade tensions, while Germany...
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