Serbian finance minister cedes economy brief, averts risk of snap poll
Editorial Board New outbreaks erupt in Somalia and Kenya. The board deferred action after referring the matter to the U.S. attorneys office. That investigation resulted in Mr.
Borst will retire as Toyota finance chief
And the unit’s in-house treasury department has won all four of the financial services industry’s coveted awards for performance, stability, speed-to-market and risk management. No company, automotive or otherwise, has ever done that, Toyota said. Those were key reasons why Borst was named an Automotive News All-Star in 2012. Borst said he was proud that Toyota’s finance arm ranked atop seven categories in the recent National Automobile Dealers Association survey.
He has slowed the rate of increase of Serbia’s budget deficit and public debt, which had ballooned to all but scuppered hopes of a new precautionary loan from the International Monetary Fund. Dacic’s Socialists and the nationalist Progressive Party (SNS), the two biggest parties in the alliance, had already agreed to reshuffle their ministers. Dinkic’s United Regions of Serbia party (URS) is polling just 5 percent among voters. Weeks of fraught negotiations over the reshuffle had raised the risk of a snap election that would almost certainly have delayed the start of EU membership talks scheduled for January. “We accept the proposal of our coalition partners to separate the finance and economy portfolios,” Dinkic said after a closed meeting of the URS party.