German finance minister calls for Greece debt deal support November 30, 2012 - 14:06 AMT PanARMENIAN.Net - Germany's finance minister is urging lawmakers to support a deal to trim Greece's debt load and keep the struggling country afloat financially, The Associated Press reports. The deal reached by European finance ministers earlier this week paves the way for Greece to receive €44 billion ($57 billion) in critical rescue loans. It also includes measures including a debt buyback program and an interest rate cut on loans to reduce Greece's debts. Germany's Parliament has to approve eurozone rescue measures. Bailing out Greece and others hasn't been popular in Germany and there has been growing unease in Chancellor Angela Merkel's coalition, but a solid majority is expected Friday, Nov 30. Two opposition parties are expected to vote in favor. Finance Minister Wolfgang Schaeuble says blocking loan payouts would have "consequences not just for Greece but the whole of Europe."   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
