EIB President: Europe must not lose GreeceMarch 4, 2012 - 15:11 AMT PanARMENIAN.Net - European Investment Bank (EIB) President Werner Hoyer says Europe must not lose Greece, in an interview with a Greek newspaper on Sunday, March 4. "If we lose Greece, we will take European integration back by several decades. We cannot and must not lose them (Greece)," the newly appointed EIB president told Kathimerini newspaper. "At these difficult times for the Greek people, I want to believe that the aid package approved this week marks better days for the future," Hoyer added. Hoyer suggested that exploitation of natural resources in a sustainable way could contribute to enhancing growth and creating jobs, AFP reported. Athens is finalizing a second rescue package worth 237 billion euros ($310 billion) with the European Union, the International Monetary Fund, the European Central Bank and private creditors. The release of funds by eurozone countries is just waiting for the results of an offer to private investors to write down their holdings of Greek government debt next week. 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 | 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. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |