Eurozone finance ministers approve Greece’s bailout reform proposalsFebruary 25, 2015 - 10:00 AMT PanARMENIAN.Net - Eurozone finance ministers have approved reform proposals submitted by Greece in order to obtain a four-month extension of its bailout, according to BBC News. The Eurogroup said it had agreed to begin national procedures - parliamentary votes in several states to give the deal final approval. The measures offered by Greece include combating tax evasion and reforming the public sector. But the head of the IMF said they lacked "clear assurances" in key areas. Greece's debt stands at more than €320bn, and its current €240bn bailout expires on Saturday, Feb 28. Fresh funding will not be released until Greece's proposals are approved in detail. The stakes of talks over continued financial aid have been high because of fears of a Greek default that could push it out of the euro, triggering turmoil in the EU. The main stock market in Athens rose by nearly 10% on Tuesday afternoon, hitting a three-month high. Related links: Top stories 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". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. 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. |