Sarkozy calls for signing new fiscal pact by March 1January 9, 2012 - 20:24 AMT PanARMENIAN.Net - French President Nicolas Sarkozy has called for a new European pact enforcing tighter budgetary discipline to be signed by member states on March 1. Sarkozy, speaking at a joint news conference with German Chancellor Angela Merkel in Berlin on January 9, said negotiations for the new agreement should be "wrapped up in the coming days and signed on March 1." Both leaders also said they're prepared to consider speeding up payments into the 17-nation eurozone's permanent bailout fund, the European Stability Mechanism. Germany meanwhile was able to sell 3.9 billion euro of six-month treasury bills with a negative yield -- the first time this has happened at an auction. This meant buyers of the bills preferred to pay the German government to keep their money rather than receive interest. The move highlighted the status of Germany's economy - Europe's biggest - as a safe haven in the current debt crisis, Radio Free Europe reported. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |