bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 03.09.2015 | Name days: Bella, Berta

Greek meeting with international lenders called off

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RU Two steps forward, one step back. It is the way one could describe Europe’s effort to save Greece from a disastrous default on its huge sovereign debt.

Eurozone finance ministers had planned to meet on February 15 to discuss the second part of the international loan to Greece. However, Athens has failed to meet several austerity demands and the meeting has been cancelled, reports usatoday.com.

The fact it took place at the very last minute suggests that the euro area member states want much stricter guarantees before granting the heavily indebted country extra 130 billion euro (91.4 billion LVL).

Back in 2010, Greece was already granted 110 billion euro (77 billion LVL) loan.

Christos Papoutsis, the Greek Public Order Minister has announced that the government has made “superhuman” efforts to meet all the austerity demands put forth by the eurozone.

Eurogroup president Jean-Claude Juncker believes Greece has not showed that it is committed enough to the austerity measures, reports BBC.

BNN already reported, in order to get approval of the second credit assistance programme to Greece, the government of Greece has to meet certain demands.

Ref: 105.105.105.1011


Leave a reply

LRA calls to establish defence funding at 2% of GDP on legislative level

Latvian Regional Alliance has voiced an initiative for necessary changes to the State Defence Funding Law in order to legislatively guarantee defence funding at 2% of GDP starting with 2018.

Estonian minister envisages state companies free of politicians

With the Estonian port corruption case in full swing, the country's economy minister has expressed the need to reorganise the management system of state-owned firms involving the depolitisation of company supervisory boards.

Latvian Saeima to gather for the first meeting of the autumn session

On Thursday, 3 September, Latvian Saeima will gather for the first meeting in this year’s autumn session. During this meeting, it is planned to view Civil Protection and Catastrophe Prevention Law and Intangible Cultural Heritage Law.

Hungary in confusion over migrant influx; 2 000 stranded at railway station

Around 2,000 people have been stranded at a railway station in Budapest, as Hungary insists it is enforcing EU law and seeks clarification on whether migrants can continue to Germany.

Photo insight into Stradins Hospital’s A-Ward construction site

SBRE has begun the first stage of construction of A-Ward of Pauls Stradins Clinical University Hospital. Surface construction is already completed. This has allowed builders to begin work on assembly of exterior wall panels and façade.

Number of passengers carried by public transport in Latvia down 2.3%

In the first half of 2015, the total number of passengers carried by public transport in Latvia decreased by 2.3%.

Consumption of renewable energy sources in Latvia up 12% in last decade

In 2014 consumption of renewable energy sources in Latvia amounted to 68 petajoules. Affected by increase in the production of fuel-wood, RES consumption has grown by 1.2% as compared to 2013. Compared to 2004, RES consumption in Latvia has increased by 12%.

Rigas satiksme struck by second paedophilia scandal

The man arrested by police for spreading pornographic images, including those of children, in May 2015 worked at Rīgas satiksme, according to information from LETA.

SEB: among Baltic States, Latvia is the most flexible against Russian sanctions

Next year’s GDP growth will speed up in all three Baltic States. Nevertheless, the rate will remain moderate, reaching its potential only by 2017. Private consumption growth will maintain growth in Baltic States, predicts SEB Bank economist Dainis Gaspuitis.

Police find violations in company whose employee caused major traffic accident in Gulbene

During an inspection at ADZT, the company whose employee had caused a terrible traffic accident that killed three people in Gulbene last week, Latvian State Police uncovered multiple violations.

Estonian port corruption investigation involves Polish shipyard

Corruption investigation against the former management of Estonian state port company Port of Tallinn has spread involving a search at Polish shipyard Remontowa in Gdansk. According to ERR, this is the shipyard that won a tender to build two new ferries for the Port of Tallinn.

PM: KNAB sees Belevics’ possible conflict of interest in reformation of State Agency for Medicines

Corruption Prevention and Combating Bureau has stated in its report that Latvian Healthcare Minister Guntis Belevics may end up in a conflict of interests if his proposals for reformation of the State Agency of Medicines is successful, notes Prime Minister Laimdota Straujuma.

SES publishes video showing change of guard at southern tar pond

In order to prove wrong the public information reported by Skonto būve on the way Latvian State Environmental Service replaced security at southern tar pond, SES has published a video that shows the entire process.

KNAB requests criminal prosecution possibly against Slesers and Lembergs

Latvian Corruption Prevention and Combating Bureau has possibly asked Prosecutor General’s Office to launch criminal prosecution of ex-politician Ainars Slesers and Aivars Lembergs in the so-called oligarchs case.

Poroshenko defends decentralisation; Kyiv violence deathtoll rises

Ukrainian President Petro Poroshenko on September 1 voiced strong support to controversial legislation giving more autonomy to pro-Russian rebels that sparked deadly street battles in Kyiv. Two more policemen died of injuries suffered during the clashes, rising the deathtoll to three victims after deadliest violence in post-Maidan Kyiv.

Board of Preili hospital submits resignation

Chairman of the Board of Preili Hospital, Janis Anspoks, and Board members Aldis Dzerins and Lilita Seile have submitted their resignations. With that, they are no longer in charge of the hospital.

Straujuma does not support HM’s plans to reorganize State Agency of Medicines

Latvian Prime Minister Laimdota Straujuma does not support Healthcare Ministry’s plans to take over certain functions of the State Agency for Medicines, including its licensing function.

Latvian police caught paedophile responsible for multiple assaults on boys

Latvian State Police has detained a man who is suspected of sexually abusing multiple boys, as reported by Chief of State Police Ints Kuzis.

Unemployment in Eurozone down to its lowest level of last three years

Eurozone’s seasonally adjusted unemployment level has declined to 10.9% in July, as compared with June’s 11.1%.

In pictures: September 1 in schools in Latvia and abroad

BNN offers you an insight into photo impressions from schools Latvia and abroad from Kyiv to New York.

Volume of freights transported in Latvia down 1.8%

In the first half of 2015 the total volume of freights carried in main transport sectors has reduced by 1.8% as compared to the corresponding period of 2014. In the first half of 2015, 30 million tons of the freight was carried by train, which is a decrease of 2.5% compared to first six months of the previous year, according to data from the Central Statistical Bureau of Latvia.

Samsung develops round-shaped smart-watch Gear S2

On 3 September, at Tempodrum exhibition in Berlin, Germany, Samsung Electronics will present Samsung Gear S2 smart-watch, which is a round-shaped device with an intuitive interface.

Ronis: we are nostalgia and opportunity in Russian politicians’ eyes

In terms of military forces, the situation in Latvia has improved, but the international picture, unfortunately, has worsened. Such is the opinion that was voiced by Latvia’s ambassador to USA and NATO, Aivis Ronis, during the Economists Association autumn conference.

Rinkevics: EU may review sanctions against Russia if things settle down in Ukraine

«Development of the situation in Ukraine will serve as litmus test for the future of relations between the EU and Russia. If the situation in Ukraine continues deteriorating, discussions in regard to further restrictions against Russia will continue,» – said Latvian Foreign Minister Edgars Rinkevics during a panel discussion of Alpbach forum in Austria.

Businessmen plan to assess Finance Ministry’s competence in formation of next year’s budget

«In the event that the way the next year’s budget is discussed is not changed, the council’s agenda will be added with a matter regarding the possible assessment of the level of professionalism exhibited by Latvian Finance Ministry with the formation of next year’s budget,» – as agreed upon by the Latvian Chamber for Commerce and Industry during the meeting on Monday, 31 August.

Newest comments