German govt. seeks court support for eurozone rescue fundSeptember 10, 2012 - 15:43 AMT PanARMENIAN.Net - The German government anticipates the country's highest court will this week reject a complaint seeking an injunction against ratification of the eurozone's permanent rescue fund, AP reports. The spokesman of Chancellor Angela Merkel said Monday, Sept 10, the government is "convinced" the €500 billion ($640 billion) European Stability Mechanism is constitutional. Steffen Seibert said the government is "going toward Wednesday in the hope that the court will see it the same way." Over the weekend a backbench lawmaker with Merkel's conservative bloc asked Germany's Federal Constitutional Court to delay its ruling in light of a European Central Bank decision. Seibert says the government believes the ECB's decision last week that it could buy unlimited amounts of government bonds if countries first seek help from the eurozone fund doesn't affect the court ruling. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |