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It provides a high degree of financial stability and the European Central Bank is capable of managing the euro in times of crisis very effectively.
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It provides a high degree of financial stability and the European Central Bank is capable of managing the euro in times of crisis very effectively.
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And last but not least, if performance audit is to reach its objectives, it should be viewed as a dialogue, as a sign of sound financial management.
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And last but not least, if performance audit is to reach its objectives, it should be viewed as a dialogue, as a sign of sound financial management.
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At their best they provide the scientific worker with a strong sense of solidarity and security, as well as a substantial degree of personal intellectual freedom.
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At their best they provide the scientific worker with a strong sense of solidarity and security, as well as a substantial degree of personal intellectual freedom.
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Furthermore such supervision becomes more crucial when Solvency 2 come into force, having in mind the maximum degree of freedom provided to insurers regarding this point.
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Furthermore such supervision becomes more crucial when Solvency 2 come into force, having in mind the maximum degree of freedom provided to insurers regarding this point.
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The degree of independence of such a European Credit Rating Agency will therefore be questioned.
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The degree of independence of such a European Credit Rating Agency will therefore be questioned.
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In turn, these developments depend to a large degree on appropriate national fiscal consolidation and structural reform policies.
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In turn, these developments depend to a large degree on appropriate national fiscal consolidation and structural reform policies.
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The precise timing of euro adoption will differ from country to country as it depends on the degree of convergence achieved.
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The precise timing of euro adoption will differ from country to country as it depends on the degree of convergence achieved.
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The current challenges that some euro area countries are facing illustrate very clearly the importance of achieving a high degree of sustainable convergence.
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The current challenges that some euro area countries are facing illustrate very clearly the importance of achieving a high degree of sustainable convergence.
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When the programme has been adopted by the Council, the Commission will sign the Memorandum of Understanding on behalf of the euro area Member States.
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When the programme has been adopted by the Council, the Commission will sign the Memorandum of Understanding on behalf of the euro area Member States.
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