USD 1.7

Baku 25 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Greece may hold referendum on euro zone membership

Greece may hold referendum on euro zone membership

20 September 2011 08:18 (UTC +04:00)

Prime Minister George Papandreou is considering calling for the referendum as pressure has mounted from all sides with Greece’s foreign creditors pushing for quicker budget cuts, while large-scale citizen street protests against austerity are held almost daily, the newspaper said, citing unnamed sources.

A bill to be submitted in parliament, paving the way for a referendum, is to be discussed in the coming days, the newspaper added.

Papandreou had earlier resisted any referendum, but now thinks such a vote could bring a fresh mandate for his Socialist government to continue with an austerity drive backed by Greece’s international lenders, the newspaper said.

The cabinet is reportedly split, with several ministers calling for drastic action including early elections at an emergency meeting on Sunday, the newspaper said, while others want to avoid a referendum or new polls.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED