EU leaders to focus on Greek bailout in BrusselsMarch 1, 2012 - 16:32 AMT PanARMENIAN.Net - European leaders and finance ministers will meet Thursday, March 1 and Friday in Brussels to finalize the second Greek bailout package and discuss measures to promote long-term growth, but there will be no decision on boosting the euro-zone rescue fund, EU officials said, according to the Wall Street Journal. European Union heads of government will kick off talks on a set of economic reforms and steps to boost growth and jobs, as well as on recent developments in Arab countries. The leaders are expected to give European Council President Herman Van Rompuy a nod for a fresh term running through the end of 2014. He is also set to be elected to chair the summits of euro-zone heads of government. The 27 EU leaders will also commit to review certain tax policies, including energy, financial transactions, savings and corporate. The draft indicates that EU leaders will also discuss financial-sector regulation and will ask the European Commission to tighten rules on bank pay and bonuses. On Thursday evening, leaders will hear a report from the European Commission on countries with outsized deficits, a first step to a new system of tighter supervision that will require governments with imbalanced economies to submit reform plans by April. On Thursday, EU leaders are also expected to grant Serbia candidate status - allowing it to open accession talks with the regional bloc. They are also expected to discuss Syria and to call on Russia and China to stop blocking United Nations action against President Bashar al-Assad, diplomats 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. 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. |