... ensuring the Further information about the Group, including themandate and composition can be found onthe Commission's website: http://ec.europa .eu/ internal_market/bank /group_ of_experts/index_en.htm ... documents the significant expansion of thefinancial system and, in particular, the banking system inthe run-up to thefinancial crisis It assesses the impact of thefinancial crisis ontheEU banking ... differences inthe size of the banking sector in Europe partly reflect the greater dependence on bank intermediation of the European economy, with bank credit being the main source of finance forthe EU...
... DEEPENING THEEU' S BILATERAL FINANCIAL RELATIONS 67 ANNEX I: MANDATEFORTHE HIGH- LEVELEXPERTGROUPONFINANCIALSUPERVISIONINTHEEU 69 ANNEX II: MEETINGS OF THEGROUP AND HEARINGS IN ... fragmented supervision 172) For all these reasons, theGroup takes the view that the ECB should not become responsible forthe micro -supervision of financial institutions However, theGroup considers ... of the High- LevelGrouponsupervisionThe Members of theGroup support all the recommendations However, they not necessarily agree on all the detailed points made inthe report INTRODUCTION...
... with the clearing conditions of Eurex Clearing AG 60 With the introduction of the FI-CCP on June 6, 2005 Eurex Bonds provides the following new functionalities forthe clearing of cash bond trades ... contrary continue to be dominated by the institutional investors both in regard to the primary and the secondary markets The main investors inthe debt securities continue to be commercial banks, investment ... subscribed mainly by the institutional investors including banks Retail investors' interest inthe market has been rather thin The falling interest rate during the recent past has encouraged the corporate...
... over the period of the analysis, as well as for economic and monetary regime changes, such as the creation of the monetary union and the introduction of the euro A list of the variables used inthe ... investment) In addition to the lagged private saving ratio and the debt variable, the other control variables are the main determinants of saving usually employed inthe literature (see for instance ... further research was called in case of other models 22 18 We thank the anonymous reviewer for suggestions in this direction 20 As implemented in Stata using the nlcom “Nonlinear combination of...
... lending channel of monetary policy transmission inthe euro area In addition, and in contrast to recent …ndings forthe US, we …nd that inthe euro area changes inthe supply of credit, both in ... importance of including the monitoring of credit developments inthe toolkit of monetary policy and underpins the reasoning behind giving monetary and credit analysis a prominent role inthe monetary ... transmission inthe euro area In addition, and in contrast to recent …ndings forthe US, we …nd that inthe euro area changes inthe supply of credit, both in terms of volumes and in terms of...
... symmetry forthe multivariate p-adic fermionic integral on Zp From the properties of symmetry forthe multivariate p-adic fermionic integral on Zp , we derive some identities of symmetry forthe ζ-Euler ... of higher order By using our identities of symmetry forthe ζ-Euler polynomials of higher order, we can obtain many identities related to the Frobenius-Euler polynomials of higher order Onthe ... Acknowledgment The present research has been conducted by the research grant of the Kwangwoon University in 2009 References T Kim, “Symmetry p-adic invariant integral on Zp for Bernoulli and Euler polynomials,”...
... forthe task, plus details of the interpretation scheme used to apply the declarative information to the data base Again, as in a production system, it is important that the information inthe ... with the definitions of point b The CPU is responsible for interpreting the scheduling (control) parts of 231 (metacomposition) the user program It can pass control to the MMU at defined points ... M is the name of the system monitor uld is the user language definition in BNF cd is the control definition (controldef in F i g 4.) dd is the data definition (datadef in Fig 4.) usd is the user...
... costs are grouped and the rules used forthe allocation of costs to interconnection The purpose of publishing this information is to provide transparency inthe calculation of interconnection charges, ... the end of the period are maintained in real terms at the same level as at the beginning of the period Under FCM, profit is therefore only measured after provision has been made to maintain the ... either Which may in theory be zero 16 the costs of increasing the volume by the increment or the savings related to a reduction in volume equal to the increment As a result the sum of the incremental...
... organisations using joint financing The Academy of Finland takes the definitions of the report as the minimum standard According to the model the responsibility of the organisations using joint financing ... become one of the main issues onthe agenda for universities across Europe Inthe context of the modernisation agenda, autonomous, increasingly entrepreneurial and thus financially sustainable ... context of insufficient funding for higher education institutions in Europe Terms of reference of theExpertGroupThe structure of funding both at European and national levels tends increasingly...
... Working with the eForm Download the eForm from EACEA A link to a read-only copy of the form can be found ontheonthe EACEA eForm home page: http://eacea.ec.europa .eu/ eforms/index_en.php Save the ... elsewhere inthe form Deadlines for submission (Rounds) Please be aware of the following constraints: Applications may only be submitted forthe next scheduled deadline – the online system blocks the ... submit the paper version of your eForm Printing your eForm The eForm can be printed using Adobe Reader’s standard menu-driven print function The Print button is found onthe tool bar, or the Print...
... well as the information included in it, not necessarily reflect the opinion or position of the European Commission and in no way commit the institution For further information, contact European ... bringing together French Printers in Paris • A workgroup bringing together Italian Printers in Milan • A workgroup bringing together German Printers in Frankfurt • A workgroup bringing together ... challenges forthe European printing industry Proposition for an action plan dedicated to the European Printing Industry 31 Structure of the plan Detail of the actions Detailed analysis of the European...
... are the basis of the process of defining the cost of money lent by banks to their customers, therefore they have effects onthe behaviour of borrowers and consequently onthe real economy Onthe ... below Starting from the definition, the Euro overnight index average (EONIA) is a measure of the effective interest rate prevailing inthe Euro interbank overnight market, while the Euro interbank ... series in September 2008) support the non-stationarity in levels of the interest rates series even after controlling forthe structural shift Finally, the KPSS test further confirms the order of integration...
... concerning as to whether the procyclicality of the potential output estimates also implies that the latter contain information that is relevant for explaining price and wage in ation In section ... long–run temporal horizon; the second, which will be addressed in section 4.3, is whether potential output carries additional information that is relevant for explaining in ation As far as the ... wages, so as to enforce the definition of potential output as thelevel that is consistent with stable in ation The introduction of the nominal variables is essential for discriminating the permanent...
... a comparison of the EFN forecasts forthe main macroeconomic aggregates with other the forecasts of the European Commission, the IMF, the ECB, the OECD, and Consensus Economics Inc The more recent ... the year The Greek economy continues to shrink due to the drastic consolidation of the public sector and due to the confidence crisis inthe Greek financial sector In contrast, the German investment ... July), and increased by more than one percentage point in Spain (20.3%) Strong regional divergences will continue forthe rest of the year and during 2011 Thehigh degree of European integration, however,...
... Germany Other countries, mainly inthe south, lag behind In this region, the housing sector is in recession or (in Spain) in a deep crisis, and public finances are in precarious conditions At the ... recovering Inthe US and inthe Eurpean Union, production started expanding inthe third quarter; in Japan it did already so inthe second The Japanese export industries benefit from the surge ... About the European Forecasting Network The European Forecasting Network (EFN) is a research group of European institutions, founded in 2001 under the auspices of the European Commission, and...
... first inequality in 1.9 It also provides, forthe case that B, C are the selfadjoint operators inthe Cartesian decomposition of A, exactly the lower bound obtained by Kittaneh in 1.7 forthe ... 2.13 the same quantity in both sides The inequality 2.13 has been obtained in 5, 12.23 on utilizing a different argument Also, forthe operator A : H → H, we can obtain from 2.13 the following inequality: ... h, h Now, taking the supremum over h 1, we deduce the first inequality in 3.16 The second inequality follows by the property xi from Introduction applied forthe ∗ ∗ self-adjoint operators V1...
... mental information, the more likely it is that one will retain that information” (p.122) Current thinking seems to point toward a combination of incidental and intentional learning Time constraints ... check the meaning of every unknown word and instead concentrate on understanding the text as a whole If knowing the 28 meaning of a particular word is important, then examining the context for ... increase at the 20 level when measured by the t-test The final determination strategies were using bilingual (A6) or monolingual (A7) dictionaries Interestingly, while bilingual dictionaries were...
... (level III-non analytic studies-and IV -expert opinion) The grade of recommendation is D or GPP (good practice) In terms of level of confidence inthe available data, the higher the pyramid level ... 3.7); agreement with the recommendations made (= 4.1), and feeling comfortable having these guidelines applied in their hospital (= 4) The likelihood of using these guidelines inthe reviewers’ own ... national and regional network for palliative medicine doctors with a strong focus on developing and implementing educational material, and has strong links with the European Association for Palliative...
... - ADAPTING THE DIALOGUE TO THEIR LIVES (Using prompts) Explain to the students that they are going to the dialogue again in pairs, using their own information This time the teacher is going to ... teacher asks some guiding questions onthe main points of the dialogue The teacher writes the questions onthe board before playing/reading the dialogue a) How long has Nam lived in that neighborhood? ... are some of them: 3.2.2 Pre-listening Techniques 3.2.2.1 Guiding Questions The teacher puts a few guiding questions onthe board: one guiding question for each main point inthe listening text Students...
... NAM NATIONAL UNIVERSITY, HANOI COLLEGE OF FOREIGN LANGUAGES POST GRADUATE STUDIES DEPARTMENT TRẦN QUỐC VIỆT A STUDY ONTHE TECHNIQUES FORTHE IMPROVEMENT TO THE TEACHING OF ORAL SKILLS IN LIGHT ... COMMUNICATIVE ENGLISH LANGUAGE TEACHING FOR JUNIOR HIGH SCHOOL TEACHERS IN QUẢNG NGÃI PROVINCE (NGHIÊN CỨU CÁC THỦ THUẬT NÂNG CAO VIỆC DẠY KỸ NĂNG NGHE NÓI TIẾNG ANH THEO ĐƯỜNG HƯỚNG GIAO TIẾP CHO ... NÓI TIẾNG ANH THEO ĐƯỜNG HƯỚNG GIAO TIẾP CHO GIÁO VIÊN TRUNG HỌC CƠ SỞ TẠI TỈNH QUẢNG NGÃI) M.A.THESIS HA NOI-2007 ...