Italian Finance Minister says Greece will be savedOctober 18, 2012 - 16:24 AMT PanARMENIAN.Net - Greece will need more time to carry out reforms to its damaged economy but will not be driven from the euro zone, Italian Finance Minister Vittorio Grilli said on Thursday, Oct 18, according to Reuters. "It certainly can be saved and it will be saved," Grilli told Italy's Rai state television as the latest general strike and demonstration against repeated doses of austerity measures hit central Athens. "It's obvious that this process of restructuring is even harder than ours, but there are no alternatives. It will certainly need more time but Greece will be saved," he 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |