Germany says ready to give more money to Greece April 2, 2014 - 14:17 AMT PanARMENIAN.Net - Germany will support further financial help for Greece, should the country require more aid after the current bailout ends this year, German Finance Minister Wolfgang Schaeuble said on Wednesday, April2, according to Reuters. Eurozone governments have lent 240 billion euros to Greece in exchange for tough reforms and fiscal austerity after the country was cut off from markets in 2010 because of its unsustainable public finances. Greece does not want to borrow more from the eurozone, hoping to return to markets this year, but its eurozone peers are cautious, stressing success depends on the implementation of all reforms promised under the bailout program. Related links:   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 Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
