IMF chief says Europe needs political clarity November 10, 2011 - 12:04 AMT PanARMENIAN.Net - The head of the International Monetary Fund says European governments need to show political clarity about the handling of their debt crisis to reassure lenders and investors. Christine Lagarde said Thursday, November 10, that clearer direction about leadership of Europe's response to the financial crisis would help to encourage financial stability. Lagarde was in Beijing for talks with Chinese leaders but declined to discuss a possible contribution by Beijing to a European bailout. She said developing countries have offered to contribute to the IMF but don't want the money specifically directed to Europe, The Associated Press 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 Security Council chief traveling to Qatar  Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar.Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them.Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs.Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |
