Union
in sentence
2117 examples of Union in a sentence
Among many issues, the referendum she put forward proposes three measures: end automatic tax withholding; end judicial power to reinstate dismissed workers; end automatic withholding of
union
dues from pay checks.
The proposal about
union
dues works just the same way.
At present dues are automatically withheld and hence workers have basically no clue as to how much they pay for their
union.
–
union
revenues and membership and power will shrink very rapidly.
The central bank stands in the way of cross border financial mergers;
union
bosses stand in the way of free choice for workers; business leaders have too much to gain from the State to see their interest in rocking the boat.
In the meantime, even if the referendum is held and eventually lost under the combined onslaught of bureaucrats, politicians and
union
bosses, the modernization revolution is alive.
They highlight the eurozone’s institutional deficits – a single currency and a central bank but none of the other elements of a well-functioning monetary
union.
Theresa May’s Trump CardBRUSSELS – In the same week that British Prime Minister Theresa May outlined her vision for a “hard” Brexit from the European
Union
– withdrawing from the single market and the customs
union
– incoming US President Donald Trump met with Michael Gove, a leading Tory Euroskeptic.
Such foreign-policy decadence threatens to undermine the EU’s claim to be a community of values, not just a glorified customs
union.
The new banking union, however imperfect, and the European Central Bank’s vow to save the euro by doing “whatever it takes,” are essential to sustaining the monetary
union.
The German government’s efforts to crush Greece and force it to abandon the single currency have destabilized the monetary
union.
Germany’s clout has resulted in a eurozone banking
union
that is full of holes and applied asymmetrically.
There is no treaty provision for an exit, because the monetary
union
is conceived as a step toward a political
union
– and it would otherwise degenerate into a dangerously rigid and unstable fixed-exchange-rate regime.
A crucial element of restoring confidence in Europe is agreement on a “roadmap” for the eurozone to underpin its monetary
union
with a fiscal
union
and a banking union, including pan-European supervision and deposit insurance.
In fact, as far back as 1993, I have been asking
union
leaders, members of Congress, and lobbyists who have opposed trade deals why they do not expend the same level of energy on other important issues – including many where common ground could easily be found.
At the height of the crisis, debates raged over fiscal, political, and banking union; but, as the distressed countries’ bond yields have fallen, reforms have become increasingly unambitious.
For them, it is hard to imagine a coherent and practical form of European citizenship or a political
union
in which national politicians work together for the common good.
Down with the EurozoneNEW YORK – The eurozone crisis seems to be reaching its climax, with Greece on the verge of default and an inglorious exit from the monetary union, and now Italy on the verge of losing market access.
Unless they abandon asymmetric adjustment (recessionary deflation), which concentrates all of the pain in the periphery, in favor of a more symmetrical approach (austerity and structural reforms on the periphery, combined with eurozone-wide reflation), the monetary
union'
s slow-developing train wreck will accelerate as peripheral countries default and exit.
Sequential, coercive restructurings of debt will come first, and then exits from the monetary
union
that will eventually lead to the eurozone’s disintegration.
Either Brexit would have triggered a cascade that would soon cause Germany to withdraw from the euro, leading to the EU’s collapse, or the EU would have become a fiscal
union
overnight, leading to a political dynamic very different from the one experienced since 2008.
The interesting question is: How would those who support Brexit today feel had Germany and France moved to scrap the current rules and usher in a fully-fledged fiscal
union?
If a fully-fledged fiscal
union
had emerged in 2008, the absence of EU immigration would have denied the Brexiteers a powerful rallying cry in 2016.
Officially, this is the aim of establishing a European banking
union.
With a full banking union, cross-border lending should resume and remain stable, as common institutions would absorb national shocks.
Unfortunately, a full-fledged banking
union
is unlikely to be achieved anytime soon.
If a full banking
union
proves impossible, it might be preferable to let the trend toward renationalization run its course.
Add a free-trade agreement, or even a customs
union
with Jordan, and you have the makings of a Middle Eastern Benelux (the grouping of Belgium, the Netherlands, and Luxembourg that formed the economic kernel of what became the original European Community).
While individual countries obviously lack currency flexibility in a monetary
union
– one of Europe’s most obvious and important differences from Asia in the late 1990’s – there is nothing to prevent a depreciation of the euro from boosting pan-regional competitiveness.
The Government the Eurozone DeservesATHENS – Will Greece’s troubles destroy Europe’s currency union, or reveal how it should be saved?
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