UK Prime Minister says euro zone will most likely survive January 9, 2012 - 18:21 AMT PanARMENIAN.Net - The euro zone will most likely hold together but still has to take decisive action to resolve its debt crisis, British Prime Minister David Cameron said on Monday, Jan 9. Asked if he thought the euro zone would remain intact, Cameron told Sky News: "I think the most likely outcome is yes, it will hold together, but it has to take some pretty decisive steps." These included short-term "sticking plaster" steps such as a proper firewall to prevent contagion around Europe and a much more decisive settlement for Greece, he said. "The longer term is you've got to address the fact there's a lack of competitiveness between Germany on the one hand and many of the southern European countries on the other," he said, Reuters reported.   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 Armenia-Azerbaijan: Experts launch work on determining coordinates  Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan.Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. |
