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Union in sentence

2117 examples of Union in a sentence

When I welcomed Mario Draghi’s strong statement in August, I argued that the ECB’s new “outright monetary transactions” program needed to be complemented by progress toward a more integrated eurozone, with a fiscal authority, a banking union, and some form of debt mutualization.
The necessity of a banking union is now more generally accepted, and there is a move to augment the European budget with funds that could be deployed with policy or project conditionality, in addition to ESM resources.
He called on the EU to complete its banking union, establish a European finance ministry (fully integrated into the Commission), and expand the EU-level budget.
The EU authorities must acknowledge that many member countries will never join the euro, which means abandoning their rhetoric about a “two-speed Europe,” with all heading – whether at high or low speed – toward the “ever closer union” that a single currency implies.
This change of top EU personnel represents an ideal opportunity to debate what Europe stands for, and how to create a more stable, integrated, and prosperous union – one based on solidarity, interdependence, and enlightened self-interest.
While this would require a fundamental reorientation and Europeanization of France’s nuclear strategy, Germany and other European partners could offer financial contributions to such an initiative, in the context of a future European defense union with a nuclear component.
But the German and French business communities insisted that the monetary union must include some of Italy’s more competitive companies.
But labor-law violations have become the norm, because efforts to enforce ILO rules are often quashed, while trade union members are routinely threatened, fired, and even murdered.
This year Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan have joined together in a Eurasian Economic Union (EEU), a customs union with a defense component.
The EEU is seen by its advocates as a step toward re-establishing the old Soviet frontiers in the form of a voluntary economic and political union, modeled on the EU – a project to take the sting out of the West’s “victory” in the Cold War.
Whether their marriage of convenience will lead to an enduring union – or, as George Soros predicts, a threat to world peace – remains to be seen.
In fact, while concerns over the eurozone’s survival tend to focus on its indebted members, Europe’s monetary union is at risk of losing one of the few members that still enjoys a triple-A credit rating: Finland.
The Solidarity union that was born in 1980 broke the Communist Party‘s monopoly on power.
However, the eurozone, and Germany in particular, must fully acknowledge the fundamental causes of Greece’s exit and pledge to move towards fiscal union, while acknowledging that an austerity-only approach towards other at-risk members is a dead end.
Europe learned the same lesson with the move to monetary union and the creation of the European Central Bank to manage its new currency, the euro.
A greater sense of regional identity exists even if regional cooperation is limited and most people think it should not take the form of a closed bloc or union.
One such step – and a constant focus of attention since the euro crisis began – is a banking union.
The fashionable call for ever-closer union between academia, industry and government ignores a vital element of the scientific enterprise.
Germany had changed course 180 degrees from the main driver of integration was to the main opponent of a “transfer union.”
Such a basic law would not automatically mean transformation of today’s union into the federal supra-state feared by Eurosceptics.
MUNICH – The debate about whether Greece should leave the eurozone has revived the idea that Germany, and other similarly strong economies, would best serve the rest of the continent if they were the ones to exit the monetary union.
It was precisely the painful consequences of their sliding currencies that enticed these countries to join a monetary union with Germany.
In any case, it would be absurd to rearrange the currency union every time individual members’ relative competitiveness changes.
One of the most important – but often ignored – conditions for a successful currency union is its members’ ability to agree on certain fundamentals of economic policy.
Wondering whether more (or less) competitive economies should leave the monetary union might be an interesting intellectual exercise.
Instead of sustained peace and “ever-closer union,” Europeans are experiencing episodes of disorder and violence almost on a daily basis.
The ECB’s argument that the OMT program’s primary purpose is to prevent a eurozone breakup is unconvincing to the German court, for only a nearly insolvent sovereign would risk breaking up the union.
The problem is that none of these discussions addresses the fundamental flaw in the eurozone’s structure: It is an incomplete monetary union.
Indeed, a Euro-Mediterranean and then Euro-African union may well be the only political project capable of preventing global rule by a G-2 of the United States and China.
If so, does enlarging the euro’s membership really serve Europe’s apparent goal of maximizing economic integration without necessarily achieving full political union?
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