Greek govt. able to pay wages and pensions in May: spokesman May 18, 2015 - 15:45 AMT PanARMENIAN.Net - Greece's government will be able to pay wages and pensions in May but needs an agreement with creditors by the end of the month because of its cash crunch, the government spokesman said on Monday, May 18, according to Reuters. "There should be a solution in May so we can resolve our liquidity issues," Gabriel Sakellaridis told a news conference. He ruled out a levy on bank deposits to raise cash and said the government would not sign a third bailout program. Sakellaridis said the government was sticking to its "red lines" in negotiations with lenders, which he listed as avoiding pension cuts, having an economic growth plan, a suitable primary surplus target and debt restructuring.  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 The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
