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Greek PM hastens Russia visit amid cash crunch ATHENS: Greek Prime Minister Alexis Tsipras has brought forward to April a visit to Russia, officials said Tuesday, as Greece faced mounting pressure from its European creditors and a cash shortage.Tsipras, a former communist, will visit Moscow a month earlier than scheduled, the government said.The Greek premier had already planned a Moscow trip on May 9 for Russia's annual Victory Day parade, which this year will commemorate the 70th anniversary of Nazi Germany's defeat in World War II."The prime minister will visit the Kremlin following an invitation from Russian President Vladimir Putin," a government source said without giving reasons for the change of date.But Greek daily Ta Nea said it was linked to the cash crunch Athens is facing because it has not received the funds remaining in its 240-billion-euro ($255-billion) EU-IMF rescue package as creditors have demanded to approve first Greece's revised reform plan.Athens "sought to bring forward" the ...

Greek PM seeks meeting with key EU leaders this week-govt source ATHENS: Greek Prime Minister Alexis Tsipras has asked for a meeting with top European policymakers including German Chancellor Angela Merkel and European Central Bank chief Mario Draghi on the sidelines of an EU summit this week, a Greek government official said on Tuesday.Tsipras made the request for the meeting - at which he also sought the participation of European Commission chief Jean-Claude Juncker and French President Francois Hollande - to European Council President Donald Tusk, ...
Britain readies final budget before May election LONDON: Britain's coalition government presents its final budget on Wednesday, with finance minister George Osborne vowing to stick to his economic plan with "no gimmicks" before a knife-edge general election.Osborne, a key centre-right Conservative member of the coalition that includes the centrist Liberal Democrats, will deliver his sixth annual budget as opinion polls suggest a tight race against the opposition left-leaning Labour party. "This budget is all about securing a truly national recovery," Osborne told ...
Obama, Putin satirised in Spain's explosive spring fest VALENCIA: A grinning Barack Obama in a white tutu kicks Vladimir Putin in the privates. Angela Merkel bends and bares her bottom.These are just three of the hundreds of satirical effigies mounted at the Fallas festival in Valencia, Spain, which celebrates its noisy finale this week.Politicians, celebrities and fantasy characters star in the colourful, often grotesque "ninots" -- groups of cardboard and polystyrene models built by local artists and placed in the streets.For nearly three ...
EU backs planning for possible Libya security mission BRUSSELS: EU foreign ministers gave the green light Monday for the bloc to prepare a possible security mission in Libya once the country's warring factions agree a national unity government."As soon as there is an agreement on a government of national unity and related security arrangements, the EU stands ready to enhance its support to Libya and contribute to the successful implementation of the agreements," they said in a statement after meeting in Brussels.They said ...
Germany sees sharp rise in immigration in 2014 BERLIN: Over half a million more immigrants arrived in Germany in 2014 than in the previous year, with a significant percentage of the new arrivals coming from Romania and war-torn Syria, official data showed on Monday.According to the figures from the federal statistics office, 519,300 more people arrived in Germany in 2014, a 6.8 percent increase compared to 2013.Sixty percent of the new immigrants came from European Union member states with the highest number coming ...
Putin laughs off 'rumours' over his 10-day absence SAINT PETERSBURG: Russian President Vladimir Putin on Monday laughed off days of frenzied "rumours" over his health and whereabouts as he reappeared in public after an unusually long 10-day absence.Emerging after days of speculation that he was either ill or had even been deposed in a palace coup, Putin met with the leader of ex-Soviet Kyrgyzstan just outside Saint Petersburg.The typically tardy Putin was two hours late but showed up looking relaxed with no visible ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln