Union
in sentence
2117 examples of Union in a sentence
If EU member states were to pursue their enlightened self-interest, they would nurture ever closer union, with solidarity – fiscal and otherwise – between North and South.
This means a more balanced economic policy within the eurozone, an enhanced role for the ECB, a real banking and financial union, and a road map to partial and conditional mutualization of legacy debt.
Facing a shared threat from the Soviet bloc and US prodding, European countries created institutions to promote peace and cooperation, leading to economic and monetary union, now a banking union, and possibly in the future a fiscal and political
union.
The
union
of power and money in today's China originates from the steady inflation of bureaucracy.
And, as eurozone banks and public-debt markets become increasingly balkanized, establishing a banking union, a fiscal union, and an economic
union
while pursuing macroeconomic policies that restore growth, external balance, and competitiveness will be extremely difficult.
But, again, liquidity provision alone – without policies to restore growth soon – would merely delay, not prevent, the breakup of the monetary union, ultimately taking down the economic/trade
union
and leading to the destruction of the single market.
From this perspective, the crisis countries would not be spared painful retrenchment as long as they remained in a monetary
union
that includes competitive countries.
Securing Europe’s economic future in this context will require, first and foremost, a renewed commitment to regional integration efforts – completing the banking union, advancing fiscal union, and moving forward on political
union
– that have been crowded out by a never-ending series of meetings and summits on Greece.
In 1995, Turkey entered into a customs
union
with the EU.
Certainly, political
union
and a common market require a uniform frame of reference to prevent major distortions in competition.
Moreover, a social
union
- that is, a common European framework of social insurance systems for health, unemployment and retirement as well as social welfare - is not feasible and so should not be treated as essential to the
Union.
This does not, however, mean that Europe’s defenders should attempt to hijack the nationalists’ vocabulary to serve a pro-European agenda, as European Commission President Jean-Claude Juncker did when he called for “European sovereignty” – whatever that is – in his recent state of the
union
address.
Who would have thought that British Prime Minister David Cameron would call on eurozone governments to muster the courage to create a fiscal
union
(with a common budget and tax policy and jointly guaranteed public debt)?
France will have to say yes to a political union: a common government with common parliamentary control for the eurozone.
Germany, for its part, will have to opt for a fiscal
union.
The oil workers’
union
has been banished from the board of directors of Pemex, the national oil company, and new contracts for shale oil and gas, together with deep-water prospecting and drilling, will be signed with a government agency, not with Pemex.
The
union
survived as an underground operation, printing discussion documents and organizing rallies.
By treating people as suspicious purely because of who they are, how they look, or where they pray, rather than what they do or have done, ethnic profiling threatens the very ethos of the EU, a
union
firmly rooted in values of liberty, democracy, and respect for human rights and fundamental freedoms.
The P-6’s goals would include measures to reduce their debt burden and increase domestic demand, probably through targeted stimulus in Germany, the formation of a banking
union
with a robust resolution mechanism, and the introduction of Eurobonds.
France has been actively helping to stabilize the eurozone by encouraging structural progress, such as the establishment of a European banking
union.
First, Europe could become a transfer union, with the north giving more and more credit to the south and later waiving it.
And, fourth, countries that are no longer competitive can exit Europe’s monetary
union
and depreciate their new currency.
A decent home and health care, education and an adequate income to develop and enrich personal lives, is sometimes considered as a particular goal for a group – class, union, corporation – without effect on other groups.
It is impossible to advance toward political
union
while seeming to abandon Europe’s citizens along the way, which is the impression that unremitting austerity has created.
If Europeans are to overcome their fear of giving up sovereignty in order to achieve political union, a civic sense of attachment to Europe and its institutions must be regained and nurtured.
In fact, Bulgarian, Croatian, and Romanian households have already loaded up on excessive debt in foreign currencies – primarily euros – in anticipation of joining the monetary union, and this has created substantial financial difficulties.
Keynes’ solution was an international clearing
union
(ICU) to which all major economies would subscribe.
This is partly because of the never-ending negotiation process with Mercosur, the troubled – and still incomplete – Latin American customs
union.
For the implication is that right-wing populist parties, like the Front National and its equivalents in Austria, Italy, Denmark and elsewhere may do better in future, not worse, particularly if monetary
union
prolongs the economic pain and uncertainty that large groups within all electorates are now feeling.
Europe’s Federalism Debate RevivedBRUSSELS – It is an old debate, but tensions within the euro area have revived it: can a monetary
union
survive without some form of fiscal federalism?
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