German parliament backs Greek bailout despite risks February 27, 2012 - 22:07 AMT PanARMENIAN.Net - The German parliament gave its resounding support Monday, February 27 to a 130-billion-euro (174.4-billion-dollar) bailout for debt-stricken Greece, despite Chancellor Angela Merkel warning of the risks of throwing Athens another financial lifeline, M&C reported citing DPA. Of the voting members of the lower of house of the German parliament, the Bundestag, 496 backed the rescue package, with opposition Social Democrats (SPD) and Greens siding with the government. Five lawmakers abstained, while 90 voted against the package. In a speech urging parliamentarians to back the package, Merkel warned that rescuing Greece was not without risks. “No one can provide a 100-per-cent guarantee of success,” she said.   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 Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.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. |
