EU official says supports Italian trade debt liquidation April 9, 2013 - 11:56 AMT PanARMENIAN.Net - The European Commission supports Italy's plan to accelerate the liquidation of trade debt accumulated by its public administration, it said in a statement on Tuesday, April 9, according to Reuters. "Given Italy's considerably improved budgetary situation, there is scope for a phased liquidation without endangering the sustainable correction of the excessive budget deficit," said top EU economic official Olli Rehn. The Commission said it trusted Italy would prevent the accumulation of new trade debts at all levels of government in the future.   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 |  Latest news Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
