Italy among countries troubling leaders of EU zoneJuly 11, 2011 - 20:02 AMT PanARMENIAN.Net - Leaders of European Union have held a sitting on July 11, during which they discussed continuing problems with debts of EU zone countries. The meeting in Brussels was initiated the days before by Herman Van Rompuy, President of the European Council. His press secretary stressed that this meeting cannot be regarded as crisis. According to information, the reason of talks was fear that Italy will face difficulties in its state debt service, as it occurred with Greece, Ireland and Portugal. Due to these suspicion, on Friday, earnings yield of Italian bonds has raised to the top level since euro introduction, that is, it increased the rate for similar 10-year liabilities of Germany by 2,45%. On Friday, the stocks of the largest Italian Unicredit Spa fell by 7,9% thanks to considerable investments to Italian state securities, whereas chief fund index dropped by 3,5%, according to BBC. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |