Finance minister

Schaueble plays down positive reports from Athens

German Finance Minister Wolfgang Schaeuble sought to play down Friday assertions by Athens that Greece is on the verge of reaching a deal with its creditors.

"The positive reports out of Athens don't fully reflect the state of talks," Schaeuble said at the close of a meeting of Group of Seven finance ministers and central bank governors in Dresden.

[AFP]

Peanuts of the finance ministry concern us all

Like everybody else, I was astonished when the finance minister commented on the armored Mercedes allocated to the head of the Religious Affairs Directorate by saying, ?The money spent on vehicles for public institutions is 3.3 billion Turkish Liras, peanuts in Turkey?s budget.?

Luxury cars allocated for public officials draw the reaction of the people everywhere in the world. 

The legacy of 'Heyet-i Tefti?iye-i Maliye' in the evolution of Turkey's fiscal governance

Although the history of finance inspection and examination bodies within the state apparatus can be traced back to the early days of the Ottoman Empire, the emergence of a modern, professional and self-supporting bureaucratic unit tasked to oversee virtually all revenues, properties and expenses of the vast Ottoman lands came in the last quarter of the 19th century.

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