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"Many university presidents were asking that the [new] law would somehow introduce some budgetary guarantees," Beretz says, but "we are still concerned on the way universities will be funded in the future".
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The stability pact should guarantee budgetary discipline of a German kind.
The EU provides a budgetary guarantee to the European Investment Bank EIBB) with a maximum ceiling of €30 billion (€27 billion plus €3 billion in reserve) for "external" operations for the 2014-2020 period.
He vows to raise the minimum wage, create 60,000 teaching jobs, lower the minimum retirement age to 60 for those who began work young, and "renegotiate" the European fiscal compact, a hard-won deal that seeks to guarantee budgetary discipline.How can France be holding an election that so signally fails to confront the right questions?
In addition, many policies do not have the strategies for implementation, and when they do, there is no guarantee of budgetary allocation nor a clear plan for implementation at different levels (local and national).
Our accounting is consistent with the law, principles of business accounting and budgetary treatment of other government guarantees.
Of course, a strong degree of central authority is no guarantee of good budgetary results.
The Secretary may provide a loan guarantee to a lender in lieu of making a secured loan under this section if the Secretary determines that the budgetary cost of the loan guarantee is substantially the same as that of a secured loan.
Tax and budgetary laws are therefore meant to guarantee democratic legitimacy and control of public financial management.
But Proposition 76 also touches the "third rail" of California's budgetary politics: it messes with the education-funding guarantees of Proposition 98.
Some have realized that because of budgetary pressures, financial modeling skills won't necessarily guarantee them continued employment or a big year-end bonus.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com