UK Prime Minister says euro zone will most likely surviveJanuary 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 | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. 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. |