Germany plans to create 8bn euro emergency fund June 13, 2013 - 18:05 AMT PanARMENIAN.Net - A German official said the country plans to create an 8 billion euro ($10.6 billion) emergency fund to pay for damage caused by recent flooding, The Associated Press reported. Thuringia state Governor Christine Lieberknecht gave the figure Thursday after a meeting of the leaders of Germany's 16 states and the country's finance minister. She said financing details have yet to be finalized. The Elbe, the Danube and other rivers overflowed their banks following persistent heavy rain, causing extensive damage over the past two weeks in southern and northeastern Germany. The water is now slowly receding. Fitch Ratings earlier this week estimated that the cost of damage in Germany would total about 12 billion euros. The Czech Republic, Austria, Slovakia and Hungary also have been hit by floods.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
