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MercoPress, en Español

Montevideo, April 24th 2024 - 04:28 UTC

Tag: Holyrood administration

  • Tuesday, February 25th 2014 - 04:13 UTC

    Pope overhauls Vatican finances and names Secretariat for the Economy

    Australian Cardinal George Pell, currently the archbishop of Sydney will head the new office

    Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican announced on Monday. The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.

  • Friday, February 21st 2014 - 07:22 UTC

    Independence debate heats up: Scotland will be able to issue its own investment bonds

    PM Salmond said it was 'hardly huge news', and argued an independent Scotland would pay lower rates

    The Scottish government will be given power to issue its own investment bonds, UK ministers have announced. The move will give the Holyrood administration an extra source of financing when it gets new borrowing powers, in 2015. Chief Secretary to the Treasury Danny Alexander called the move “historic”.