EGYPT: Cairo prepares draft a new constitution
AFP-The military in power in Egypt has asked the two Houses of Parliament, dominated by Islamists, to meet together on March 3 to appoint a commission to be responsible for drafting a new constitution, reported state television Sunday. The Constitution in force under President Hosni Mubarak has been suspended after his fall at the … Continue reading
GREECE: Unions call for demonstrations against pension cuts
Unions of private and public must again show Wednesday afternoon in Athens and Thessaloniki (northern) against new pension cuts contained in the record bailout granted the Gre ; that the euro area. Under the slogan "Together we can scan the new cuts on pensions", the General Confederation of Workers, GSEE (private) and the Federation … Continue reading
LATVIA: Latvians reject Russian as second official language
AFP – The Latvians Saturday overwhelmingly rejected the possibility of introducing Russian as a second official language of their country in a national referendum reflecting the unease of the Russian-speaking minority in this ex- Soviet republic. According to results released by the electoral commission and on 95% of polling stations, 74.62% of voters were … Continue reading
GREECE: Athens under pressure before the release of a new aid in the euro area
REUTERS – The euro zone is finalizing the second plan of aid to Greece so that the Ministers of Finance may approve the Monday, but the hope of a release of situation did not resolve the tensions between Athens and Berlin. "We're almost there. Unless someone comes up with an idea that could derail the … Continue reading
EURO AREA: Greece: lower wages, a cons-productive approach?
This was not enough. Greek Prime Minister, Lucas Papademos, appeared Thursday in Brussels with agreement on a new austerity plan struggled to win the three parties of his coalition government, but it Eurogroup replied that he had to do more. Athens must now find in one week how to 325 million euros of additional … Continue reading
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