Germany’s Merkel steps up pressure over GreeceJune 20, 2015 - 10:29 AMT PanARMENIAN.Net - German Chancellor Angela Merkel has warned there must be a deal between Greece and its creditors ahead of Monday, June 22 emergency EU summit, BBC News reports. Otherwise, she said, the summit would not be able to make any decision. Greece has less than two weeks remaining to strike a deal or face defaulting on a €1.6bn IMF loan repayment. There are fears about the health of Greek banks, amid reports more than €4bn has been withdrawn this week. On Friday, the European Central Bank (ECB) approved more emergency help for the banks. The amount of extra funding has not been officially disclosed. Meanwhile, Russia says that it will consider granting a loan to Greece if it is asked. If Greece fails to make the repayment due to the International Monetary Fund, it risks having to leave the eurozone and possibly also the EU. Related links: 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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. |