Germany plans to create 8bn euro emergency fund June 13, 2013 - 18:05 AMT PanARMENIAN.Net - A German official said the country plans to create an 8 billion euro ($10.6 billion) emergency fund to pay for damage caused by recent flooding, The Associated Press reported. Thuringia state Governor Christine Lieberknecht gave the figure Thursday after a meeting of the leaders of Germany's 16 states and the country's finance minister. She said financing details have yet to be finalized. The Elbe, the Danube and other rivers overflowed their banks following persistent heavy rain, causing extensive damage over the past two weeks in southern and northeastern Germany. The water is now slowly receding. Fitch Ratings earlier this week estimated that the cost of damage in Germany would total about 12 billion euros. The Czech Republic, Austria, Slovakia and Hungary also have been hit by floods.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest 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.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.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |
