All that you need to do, all that the elites need to do, is to move this operation into something that is enclosed so that the operation can be made more efficient.

You're efficient.

I'm efficient.

Are you efficient?

He is efficient.

It is efficient.

Everything is very efficient.

It is an efficiency measure.

We're efficient.

Tom is efficient.

You're so efficient.

It certainly isn't more efficient.

Tom isn't very efficient.

The modern sailplane is superbly efficient.

Because he's got an efficient enough factory.

It's more economical and also more efficient.

It makes us a highly effective company.

Broad objectives of the revision .....

How effective or dangerous is its adopted approach?

I hope I am very efficient.

Valuation Transaction

Purchase date the date on which the sale of purchased assets by the seller to the buyer becomes effective .

Announcement of longer term refinancing operation Allotment of longer term refinancing operations Settlement of longer term refinancing operations

Operation Mersad and end of the war Operation Mersad ( ambush ) was the last major military operation of the war.

Interest rate instruments are revalued on an item by item basis .

ECB Annual Report 2006 Interest rate instruments are revalued on an item by item basis .

Interest rate instruments are revalued on an itemby item basis .

Interest rate instruments are revalued on an item by item basis .

But how efficient is, really, this multitasking?

No need to privatise, but to be efficient.

A calculator is more efficient than an abacus.

In this case , ..., .

Currency of transaction

Currency of transaction .

the maturity of the operation

The Struggle for Europe .

It means it's determined and effective, but not violent.

Why do we need a new Directive ?

Patience is sometimes the most effective weapon.

The rapid transit system is modern and efficient.

Quick tender the tender procedure used by the Eurosystem for fine tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market .

Main refinancing operation a regular open market operation executed by the Eurosystem in the form of a reverse transaction .

Main refinancing operations are conducted through weekly standard tenders and have a maturity of two weeks . Maintenance period the period over which credit institutions compliance with reserve requirements is calculated .

Pooling system a system for central banks collateral management where the counterparties provide a pool of assets to serve as collateral in their transactions with the central bank .

As for the instruments used , reverse transactions are the main open market instrument of the Eurosystem and can be employed in all four categories of operations .