Exchange rate the value of one currency for the purpose of conversion to another .

Equity instruments shall mean dividend bearing securities ( corporate shares , and securities evidencing an investment in an equity fund ) .

Some are urgent (but not necessarily important) work related questions.

Unit labour costs

unit labour costs

The increase in administrative expenditure is primarily due to additional operational costs associated with the ECB 's second site , the Eurotheum , and higher consultancy fees , the latter mainly in connection with the preparation of the Euro 2002 Information Campaign .

The increase in administrative expenditure is primarily due to additional operational costs associated with the ECB 's main site , the Eurotower , and higher consultancy fees , especially in connection with the preparation of the Euro 2002 Information Campaign .

In business , some costs , such as exchanging currencies or hedging against volatile exchange rates , have fallen or even disappeared completely .

Comprising 133,2 million euro of direct salary costs and 12,7 million euro of indirect human resources costs , such as recruitment and removal allowances .

United Kingdom

The primary aim was to cover the costs which the NCBs incurred in setting up the model and continue to incur in running it .

4.8 STATISTICS ON THE LABOUR MARKET EARNINGS AND LABOUR COST Earnings and labour cost data are indicators of inflation and demand analysis as well as indicators of competitiveness .

BANKNOTE PRODUCTION SERVICES

MODERATE DEVELOPMENTS IN LABOUR COSTS IN 2004 Labour cost indicators in the euro area continued to ease in 2004 compared with recent years ( see Table 2 ) .

labour costs and import prices .

The lack of employment and labour cost data for the euro area also affects derived indicators such as unit labour costs .

As for services , growth in compensation per employee seemed to stabilise in 2003 for the sector as a whole .

Labour costs remained moderate up to the third quarter of 2007 , but unit labour costs rose slightly owing to the decline in labour productivity growth . Chart 24 Breakdown of HICP inflation main components ( annual percentage changes

The ECB 's administrative expenses on salaries and related costs , rental of premises , and goods and services amounted to Euros 340 million .

Compensation per employee has been growing at relatively high rates , although decelerating since 2000 , while growth in unit labour costs has gradually declined since 2001 .

In combination with strong growth in labour productivity , unit labour costs have declined from 1994 onwards .

Against this background , growth in unit labour costs has been moderate since 1994 .

The costs related to the design and planning of the work shall also be included if they form part of the works contract .

Staff costs of Euros 1.0 million incurred in connection with the construction of the new ECB premises have been capitalised and are excluded from this item .

The ECB 's administrative expenses on salaries and related costs , rental of premises , and goods and services amounted to Euros 286 million .

Unit labour costs , compensation per employee and labour productivity market economy . ( b ) National estimates .

143,290,000 1,224,675,000 444,675,000 841,685,000 42,480,000 744,750,000 7,460,000 213,900,000 117,970,000 96,160,000 69,850,000 These amounts represent contributions to the operational costs incurred by the ECB in connection with tasks performed for noneuro area NCBs .

The principles referring to statistical processes include sound methodology , appropriate statistical procedures , non excessive burden on respondents and cost effectiveness .

Other interest income and Other interest expense These positions include interest income and expenses on balances arising from TARGET and in respect of other assets and liabilities denominated in euro .

Other interest income and Other interest expenses These positions include interest income and expenses on balances arising from TARGET and in respect of other assets and liabilities denominated in euro .

Most of the policy measures concerned labour taxation , active labour market policies and unemployment and welfare related benefits .

It is expected that , as a result , the number of retail payment clearing and settlement infrastructures and the costs related to their services will decrease ECBc Towards a Single Euro Payments Area Objectives and deadlines February 2006

Experience with existing labour cost indicators underlines that consistency of data coming from short term statistics ( gross wages and salaries ) and labour market statistics ( labour cost indices ) with national accounts sources ( compensation ) is highly desirable .

At that time, only the work as a teacher and others related to domestic life were socially accepted.

Students live on campus on full scholarship, which includes tuition, room and board, and other related costs.

At the same time , the attainment of higher rates of labour force participation in a number of countries is still hampered by regulations and disincentives concerning , inter alia , part time employment .

STAFF COSTS

As a result , unit labour cost growth is projected to decline in 2004 and 2005 .

The value referred to in paragraph 2 shall be calculated by taking into account the combined costs of all the production requirements for euro banknotes during a single Eurosystem tender procedure , including ancillary costs such as , amongst others , those related to the destruction of euro banknotes production waste , but excluding VAT and transportation costs .

This , combined with an additional impact of the cyclical downswing in labour productivity , largely contributes to an increase in unit labour cost growth in 2008 .

Second is tourism, supporting 39,000 jobs, with tourism related sales at 3.26 billion in the year 2000.

The increase in sundry items in 2001 is primarily due to the capitalisation of banknote production costs related to the production of a contingency stock of euro banknotes for the Eurosystem .

Forward transactions in securities shall mean over the counter contracts in which the purchase or sale of an interest rate instrument ( usually a bond or note ) is agreed on the contract date to be delivered at a future date , at a given price .

Credits related to margin calls

Credits related to margin calls Additional credit to credit institutions , arising from value increases of underlying assets regarding other credit to these credit institutions