Compact
in sentence
285 examples of Compact in a sentence
France may elect a president who opposes the fiscal
compact
and whose policies may scare the bond markets.
Irish voters may reject the fiscal
compact
in a referendum.
The current crisis has exposed the original lacunae and widening cracks in the
compact
between Europe’s citizens and EU institutions, between Europe’s north and south, and between its peoples and its elites.
In September 2016, the United Nations launched a two-year process to produce the Global
Compact
on Migration by the end of 2018.
But, as tempting as it may be, trying to paper over differences or avoid dissent – let alone destroying the
compact
at the core of the European project – will not make matters any easier.
One concrete strategy to achieve these goals would be to create a country-donor
compact
for better data.
Such a
compact
would enable governments and donors to express their shared intention to build a national statistics system over a period of several years, with clear and verifiable milestones.
In short, a data
compact
would help to mobilize and focus domestic and donor funding to achieve national statistical priorities.
Indeed, she had no choice but to concede and agree to far-reaching changes to the EU’s new fiscal
compact
that will ease refinancing of the crisis countries and their banks.
The fiscal
compact
had been reduced to a shambles even before Germany’s parliament, the Bundestag, approved it later that day.
Debt relief could take various forms other than Eurobonds, and would be conditional on debtors abiding by the fiscal
compact.
Greece is indeed ready and willing to enter into a
compact
with Europe that will eliminate the deformities that caused it to be the first domino to fall in 2010.
That progress is taking place at a regional level too: a regional investment compact, a regional anti-corruption initiative, media reform.
Germany refuses even to allow spending on high-priority infrastructure projects to be exempted from the unrealistic deficit targets set by the EU’s new “fiscal compact.”
Russia’s “Oil-for-Knowledge” SchemeWhenever you fill up your European
compact
car’s gas tank, or that of your American SUV, you pay as much as a Russian schoolteacher earns in a month.
For example, by refusing to sign the fiscal compact, which imposes stricter controls on national spending in the eurozone, the UK has forced the arrangement to operate outside EU mechanisms.
The Global
Compact
on Refugees that is currently under discussion builds on this framework with strategies to empower refugees and assist host governments.
The proposed Global
Compact
for Migration goes beyond these factors, and notes that climate change is among the “adverse drivers and structural factors that compel people to leave their country of origin.”
As we enter the final months of the
Compact
talks, what should we expect of those negotiating the global plan for managing unprecedented movements of people?
Inequality and exclusion of women, young people, and the poor undermines global growth and threatens to unravel the
compact
between society and its institutions.
Their idea of a cooperative equilibrium is the European Union’s 2013 “fiscal compact,” under which euro members agreed yet again to rules for limiting their budget deficits.
The victory of Hollande, who has said that he wants to “renegotiate” the European Union’s new, German-backed “fiscal compact,” will weigh heavily in this debate.
Whereas Ban’s predecessor, Kofi Annan, was independent enough to endorse efforts to conclude the Doha Round of global trade negotiations, and advance a global
compact
on immigration (I advised him on both issues), the Obama administration has shied away from these issues.
Cameron’s bid to thwart Juncker’s candidacy mirrored his unsuccessful attempt to prevent the adoption of the EU’s fiscal
compact
in 2012.
The deflationary impact of internal devaluation is compounded by the rule, reinforced in the 2012 “fiscal compact,” that eurozone countries are wholly responsible for their own debts and thus must adopt strict budgetary discipline.
But any economic slowdown calls into question this enforced
compact
with society.
This will render meaningless EU-wide debt-management agreements, including the Stability and Growth Pact, which limits the overall deficit to 3% of GDP, and the 2012 “fiscal compact,” which stipulates that countries whose debt-to-GDP ratios exceed the 60% limit should reduce them by one-twentieth annually until they are in compliance.
Instead, the model should be former United Nations Secretary General Kofi Annan’s initiative, the Global
Compact.
The Millennium Declaration was meant to be a
compact
between the world’s rich and poor countries.
First, a new global
compact
should focus more directly on rich countries’ responsibilities.
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