The link between banks and their customers is a significant source of cost and offers significant savings potential if adequate procedures are implemented .

However, the infrastructure costs associated with full conversion to a hydrogen economy would be substantial.

and ( iv ) a reduction in staff costs and the number of staff .

The introduction of the single currency has led to a substantial reduction in the number of Member States eligible for the instrument .

This optimisation phase led to a significant reduction in the estimated construction costs .

reduced loan loss provisioning .

This resulted in reduced average costs of telephone services to consumers .

Cost cutting , which had contributed to banks profitability in 2004 , lessened in 2005 .

Indeed , the expected substantial lowering of bank fees for crossborder payment services will be sustainable in the long run only if bank costs also decrease substantially . As a result of the Regulation , banks , particularly in countries with highly competitive and efficient national systems with low profit margins , have for the time being the option of either incurring

Other administrative expenses also declined , primarily due to a reduction in consultancy and professional fees .

CONSULTATION 6 .

Reducing non wage labour costs would also enhance employment and the net income levels of workers .

for Huta Labedy, implementing the cost savings programme and reducing reliance on the mining industry

The banks incurred significantly lower costs with STP and passed the cost advantages on to their customers in the form of considerably lower charges .

ROI) Risk Socially responsible investing Specialized investment fund References External links

They used a theoretical model to show how a reduction in search costs will affect the concentration in product sales.

Costs were primarily cut by reducing the size of branch networks and staff numbers .

The workers have been helped with accommodation and language classes, and avoiding incurring the direct costs of racial discrimination financial, reduced employee moral and commitment, and cost to the image of the organisation resulting from adverse publicity

In the U.S., over 200 airlines have merged, been taken over, or gone out of business since deregulation in 1978.

T h e i n c re a s e d competition between card schemes should also drive down fees for merchants .

The increased competition between card schemes should also drive down fees .

The ECB 's administrative expenses on staff , rental of premises , professional fees , and other goods and services amounted to Euros 316 million ( Euros 340 million in 2004 ) . Staff costs decreased primarily due to a change in the accounting treatment applied to the recognition of net actuarial gains and losses in respect of the ECB 's retirement plan and other post employment benefits .

The success of The Simpsons and the lower production cost prompted US television networks to take chances on other animated series.

Such improvements in the system design may entail costs for the individual system , but bearing this cost will lead to reduced risks , i.e. a reduction in potential future costs to the system itself , its participants or the entire economy .

ECB Annual Report 2009 LABOUR COSTS DECELERATED MARKEDLY Labour cost indicators for the euro area suggest a substantial moderation in the course of 2009 , after an acceleration and a peak in 2008 , which followed years of more modest wage developments .

however , in the medium to long term , the European banking industry will benefit from cost savings and potential new revenue streams .

Third , there is increasing evidence that the introduction of the euro has contributed to a reduction in the cost of capital in the euro area .

This company shall also achieve higher productivity levels, through staff restructuring and reducing the costs of external services.

The right of every person to use communication and information technology by means of reducing barriers and costs in addition to promoting their use by all.

A significant slowdown in primary capital market activity , especially in equity issuance , resulted in a substantial reduction in investment banking earnings in the course of 2001 .

an increase in direct sales and a greater focus on cost reduction, this being essential for more efficient business management,

That's a substantial amount of money.

Reducing transfer costs, which average an estimated 9 of the value of transactions, would put more money into the hands of those who need it most.

Stressing the benefits of a surplus position in public finances and of a substantial further reduction in the debt ratio is indeed appropriate in the case of Denmark .

By the turn of the 21st century, India had progressed towards a free market economy, with a substantial reduction in state control of the economy and increased financial liberalisation.

This decrease in staff costs was , however , partially offset by the effect of an increase in staff numbers on total salaries .

However , the decrease in raw materials prices and low interest rates may have combined to reduce the cost of building up inventories .

for Huta Buczek, obtaining the necessary financial support from creditors and local financial institutions and implementing the cost savings programme, including reducing the investment cost by adapting existing production facilities

A deeper and more efficient financial sector would also reduce transaction costs and facilitate risk management.

This is very substantial.

More specifically , spreads between secured and unsecured money market rates declined considerably from their peaks in October 2008 , albeit remaining elevated by historical standards .

In any case , should interchange fees be levied , they should reflect the reduction in processing costs for card payments in the SEPA .

In the preferred policy option , 7c , the costs of payments would be reduced to the maximum possible extent , and there would be no administrative distinction between national and cross border payments .

Extraordinary income This item represents extraordinary income arising for instance from the release of provisions made in previous years in respect of anticipated expenditure arising in those years that are no longer required .

The sharp fall in exports , in conjunction with low confidence and financing constraints , has also led to a substantial cut back in business investment , while destocking has weighed down on growth .