GE Capital Retail Finance Celebrates 80 Years of Consumer Financing
in government bonds, he said. Labor MK Elazar Stern agreed that there was a regulatory burden, but complained that it fell short. Its clear that excessive regulation is reducing activity, but in addition, the investing public in Israel did not receive what it deserved in terms of standards, he said. Executive pay at IDB, however, skyrocketed even as its numbers faltered.
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Serbia avoids early election with deal to oust finance minister
Credit: Reuters/Djordje Kojadinovic By Ivana Sekularac and Valerie Hopkins BELGRADE | Wed Jul 31, 2013 7:36am EDT BELGRADE (Reuters) – Serbia averted an early election but risked unnerving foreign investors as the largest party in the coalition government agreed on Wednesday to the sacking of the finance minister. Prime Minister Ivica Dacic, a Socialist, proposed on Tuesday that the government drop Finance Minister Mladjan Dinkic and his United Regions of Serbia (URS) party, a junior partner in the coalition. Deputy Prime Minister, Aleksandar Vucic, who heads the largest party, the Serbian Progressive Party (SNS), said his party presidency had accepted Dacic’s proposal at a meeting on Wednesday morning. “Elections are not the best solution for Serbia. Facing a myriad of important contracts, stability is important,” Vucic said.