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The bonds were issued through the Trust for Cultural Resources, a public benefit corporation created in 1980 to help cultural institutions finance capital projects.
More important, with the euro replacing the franc, the editors said they would step up their coverage of European institutions, finance and the stock market.
The museum is the first organization to default on an agreement to pay off the bonds issued for it through the trust, which was created to help cultural institutions finance capital projects.
He is an ardent Palestinian nationalist, but his whole strategy is to say: the more we build our state with quality institutions — finance, police, social services — the sooner we will secure our right to independence.
It borrowed $32 million to construct the building, which was designed by the architects Billie Tsien and Tod Williams and opened in 2001; it then struggled to pay off the construction bonds that had been issued through the city's Trust for Cultural Resources, a public benefit corporation that helps institutions finance capital projects.
Fayyad also played the leading role in rebuilding the Palestinian security services in the West Bank, which even the Israeli military grew to respect, and in trying to build Palestinian institutions, on the argument that the more Palestinians built their institutions — finance, police, social services — the more Israel's denial of them of a state will be unsustainable.
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At that time, banks or savings and loan institutions financed most commercial property purchases.
We are working with other countries to stop global financial institutions financing dirty power stations".
The new museum accounted single-handedly for 4m of the 5m additional visitors to the institutions financed by the department.
However, there is one advantage of public spending: institutions financed by the state need not tailor their offers to the market.
The city's institutions financed much of the development of the western United States, including ranching, railroads, timber, and mining, and thereby laid the basis for its fortune.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com