Greece likely to need another bailout extension: officialJanuary 23, 2015 - 17:16 AMT PanARMENIAN.Net - Greece will likely have to ask for a fresh extension to its bailout program because it expires on Feb. 28, a senior euro zone official said on Friday, Jan 23 stressing that a new government must first be in place to do so, Reuters reports. "I could construct some constellations where it would be possible to finalize the fifth review (of the program) in February ... but I would consider this on the outer fringers probability," the official told reporters on condition of anonymity. After two bailouts totaling 240 billion euros ($270 billion) since 2010, Greece wants to switch back to market financing, but snap elections on Sunday and the expected victory of radical leftists has renewed concerns about a Greek euro zone exit. Top stories 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. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. India wants Armenia’s proposals on use of Chabahar port India is expecting proposals from Armenia regarding the use of Chabahar port in Iran, Indian ambassador says. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. |