German Finance Minister rejects second writedown of Greek debt

NSW premier says finance minister is safe

Wolfgang Schaeuble told weekly Bild am Sonntag in an interview that Greece would continue to receive support beyond 2014 if needed and provided the country meets the demands of international creditors. Schaeuble was quoted as saying “it’s certain, however, that there will be no second debt writedown for Athens.” Extracts of the interview, to be published Sunday, July 28, were released by the paper Saturday and confirmed by the Finance Ministry. With Germany’s general election two months away, Chancellor Angela Merkel’s conservative government has been at pains to appear firm on Greece’s international bailout, which is unpopular with many Germans. Last year Greece’s debt was restructured with private-sector bondholders.

“I’ve had events in regional areas that have finished late at night and sometimes it is more convenient, particularly depending on where you’re starting the next day, to stay in regional areas.” Mr Pearce has recently returned to work following a month’s stress leave in June after he was found to have misused travel entitlements. He was also escorted from parliament for being drunk in late May. Opposition Leader John Robertson says Mr Pearce has the premier’s protection because of his close relationship with Liberal powerbroker Michael Photios. “That’s the only thing standing between Greg Pearce and the door,” he told reporters in Sydney.

Yarmouth finance department could see reorganization

That failure, he said, was due more to the evolving nature of the position than to any shortcomings of the candidates. They would provide certain strengths, Hinchey said, but not the strengths wed like. Hinchey explained that the job of overseeing the various complex facets of a municipalitys finances has become increasingly technological, with expertise with complicated computer software a growing requirement of the position. Town bylaws currently stipulate that the finance director is also Yarmouths head accountant, leading to a growing confusion of duties, with a single individual being required to have great technical expertise in the minutiae of both software and numbers-crunching. Hincheys proposed fix is to separate the positions of finance director and town accountant, which would allow the town to select from two distinct pools of specialists, rather than trying to find a single person who could handle both.

D.C.’s campaign finance laws need reforming

Both efforts seem to have been rife with infractions of the rules on collecting and spending money. Incredibly, its likely that any violations will go largely unpunished because of an enforcement system that lacks teeth or real penalties. Mr. Browns 2008 campaign was fined $53,400 in a little-noticed action June 13 by the D.C. Board of Elections.


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