EU finance ministers in Luxembourg to tackle debt crisisOctober 8, 2012 - 11:41 AMT PanARMENIAN.Net - EU finance ministers are in Luxembourg to take stock of the debt crisis before a summit of EU leaders later this month, The Associated Press reports. The 17 eurozone ministers will look Monday, Oct 8 at Greece's budget proposals. They will hear from the troika - the European Commission, the European Central Bank and the International Monetary Fund - about its negotiations with the Greek government. No final troika report will be submitted, so no decision on a new payout of aid will be made. Finance ministers from all 27 EU countries meet Tuesday and are expected to grant Portugal an extra year, until 2014, to correct its excessive budget deficit. They will also see how many countries want to institute a financial transaction tax among just themselves, rather than all EU countries. 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |