What exactly would a federal Europe entail?

There is one more decision.

This would imply a massive leap in migration.

Going to Congress for approval was always going to involve more risks than rewards.

This error would imply that zero inflation means de facto a declining price level .

In this way it would undermine the credibility of monetary policy and tend to lead to higher long term interest rates .

Its implementation would certainly require extending the scope of redistribution instruments such as the Structural Funds.

The proposed filing system would not necessarily imply a scrutiny of the information with respect to its completeness , accuracy , and comprehensibility .

However, Groening later realized that animating Life in Hell would require the rescinding of publication rights for his life's work.

This will be less costly for companies than current requirements but would also have a number of advantages .

This general definition of e money would imply that traditional bank accounts as well as payment accounts could be considered as e money .

Though no one can say what a Greek default would mean for the euro, it would certainly entail risks to the currency s continued existence.

A compromise would de facto result in a loosening of austerity, which entails significant domestic risks for Merkel (though less than a failure of the euro would).

West Germany objected to this as one of the members was the disputed area of Saarland, and to have its own star would imply sovereignty for the region.

To better understand the distortions that any other criterion would imply , see Chapter 2 of the Task Force on FDI report .

However attractive repatriation may seem on the surface, it would involve long and complex procedures with no guarantee of a favorable outcome.

There would be a fiscal treaty, which would reinforce the Stability and Growth Pact and, importantly, entail automatic sanctions to ensure that eurozone members stick to those rules.

An effective separation should entail legal , financial and information separation , as well as separate governance arrangements .

For starters, unlike the ECB s current quantitative easing, it would involve no debt monetization.

This would entail enormous consequences for the security not just of Eastern Europe, but also of the continent as a whole.

One thing is certain a breakup of the euro and the EU would entail Europe s exit from the world stage.

Indeed, we understood that monetarist cures were likely to prove insufficient that sovereigns need to guarantee each others solvency and that withdrawing support too soon implied enormous dangers.

This would imply that counterparties would need to provide underlying assets with a value at least equal to the liquidity provided by the Eurosystem plus the value of the initial margin .

2000X0776 EN 01.03.2010 007.001 54 M8 Initial margins The Eurosystem may apply initial margins in its liquidity providing reverse trans actions . This would imply that counterparties would need to provide underlying assets with a value at least equal to the liquidity provided by the Eurosystem plus the value of the initial margin .

The island would safeguard the interests of Moscow in Europe, but would risk creating some problems in the future.

This would imply that counterparties would need to provide underlying assets with a value at least equal to the liquidity provided by the Eurosystem plus the value of the initial margin .

However , the observed inflation differentials among some euro area countries have been significantly larger than would be implied by the BS model , according to available estimates .

Limiting pre and post trade transparency obligations to equity instruments would therefore necessarily mean that the proposed transparency regime would cover the MTFs in a very limited way .

The introduction of this additional criterion would also make it necessary to delete from the proposed directive the abovementioned provision prohibiting imposition of any prior conditions in respect of the level of shareholding that must be acquired ( 23 ) .

In 1964 Jean Paul Sartre was awarded the Nobel Prize in Literature, but he declined it, stating that It is not the same thing if I sign Jean Paul Sartre or if I sign Jean Paul Sartre, Nobel Prize laureate.

In view of the burden that would arise , the data requirement is limited to certain main balance sheet items ( i.e. deposit liabilities to non MFIs , loans to non MFIs , and holdings of securities issued by non MFIs ) .

Most of Egypt s Islamists, particularly those who returned from exile in Saudi Arabia, adhere to the Wahhabi sect, with its severe restrictions on women, implying that women s status would be much worse than it was before the revolution.

This separate use would mean that the SCT and SDD would find it very difficult to attain the number of transactions necessary for recovering the investments made and to benefit from the economies of scale that SEPA brings .

In view of the burden that would arise , the data requirement is limited to certain main balance sheet items ( i.e. deposit liabilities to non MFIs

This would imply that all future amendments to the Monetary Agreement would also need to be based on a new Council Decision . This calls into question the interpretation and relevance of the third paragraph of Article 12 of the Monetary Agreement .

The second option would imply an international agreement, in addition to the EU treaties, which would legally bind participating countries, enabling them to commit to establishing a genuine economic union, and to define the organs and rules that will govern their cooperation.

Therapeutic cloning would involve cloning cells from a human for use in medicine and transplants, and is an active area of research, but is not in medical practice anywhere in the world, as of 2014.

ECB Annual Report 2003 tasks , mandate , status and legal regime .

The problems of the square plan are that the necessary width to include the fountain would entail the demolition of numerous buildings, including some of the Vatican, and would minimise the effect of the façade.

that they would have had a higher share in the total claims of the participating NCBs on the ECB than their respective share in the capital of the ECB would have permitted .

The Governing Council of the ECB has welcomed the draft Treaty establishing a Constitution for Europe ( draft Constitution ) in general , on the understanding that it would not entail any changes to the substance of the tasks , mandate , status and legal regime of the ECB and the ESCB .

Given the successive reduction in net capital expenditure during the 1990s , a continuation of the downward trend of total expenditure to GDP would require greater adjustments in items such as current transfers and public consumption .

Any military intervention would entail a confrontation not only with the Syrian military (supported by Russia and China), but also with Shia Iran and its Lebanese proxy, Hezbollah.

The UN encourages governments to assume a more proactive development role, which would entail an integrated policymaking approach aimed at promoting structural change while reducing inequality, vulnerability, and economic insecurity.

Such modernisation would involve promoting financial innovations as well as institutional and organisational improvements to enhance the efficiency of the financial system , for instance by reallocating capital to industries with the best growth prospects .