// IP Marketing video - START// IP Marketing video - END

Greece agrees to launch debt swap for private creditors March 8

PanARMENIAN.Net - Greece's cabinet agreed on Saturday, Feb 18, to launch a debt swap for private creditors on March 8 with the aim of completing it by March 11, Reuters quoted a government official as saying.

The swap is to accompany a $130 billion rescue package that Athens hopes to agree with its euro zone partners on Monday and will mean that creditors take a 70 percent cut in the real value of their holdings.

 Top stories
He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
Partner news