Union
in sentence
2117 examples of Union in a sentence
These representatives know that their states are net winners of the union, ultimately benefiting from giving two dollars to some of the weaker states for every dollar that they pay in federal taxes.
It is no coincidence that Hamilton and Madison were co-authors of the constitution of the first modern economic
union.
In today’s disagreements lie the roots of a stronger
union.
The public no longer thinks of the European project as some utopian endeavor, an abstract attempt to forge an ever-closer
union.
Other ideas, like moving to fiscal union, would require a fundamental revision of the EU’s founding treaties.
If these three urgent tasks are completed, there will be plenty of time – and much time will be needed – to contemplate radical changes like new budgetary rules, harmonization of other national policies, and a move to full fiscal
union.
The benefits of a monetary
union
based on a stable macroeconomic framework and governed by an independent central bank are manifest: the euro area has enjoyed low inflation and low interest rates for much of the last decade, a boost in trade and investment, and rapid integration of financial markets.
Assuming that EMU flies, i.e. that the hard core
union
including Germany, France, the Benelux, Austria and a few more countries - is realized in 1999, Poland, Hungary and Czech Republic will find that nearly half of their exports will be with EMU countries.
Was she prescient about the problems of European monetary union, or did she leave Britain isolated on the fringes of the continent?
The path toward a
union
based on joint liabilities, against the wishes of large parts of its population, is not leading to a federal state in the true sense of the term – that is, to an alliance of equals, who freely decide to unite and promise to protect each other.
The path toward joint liability is far more likely to lead to a deep rift within Europe, because turning the eurozone into a transfer and debt
union
that can prevent the insolvency of any of its members would require more central power than currently exists in the US.
Having failed to predict the US crisis, he then incorrectly predicted the imminent disintegration of Europe’s monetary union, publishing more than 20 statements on that subject in 2011 and 2012.
While her party program speaks of opening
union
contracts, relaxing job protection, and, in particular, overhauling the incentive structure of the welfare system, her government has been mostly silent about these issues.
And for the EU, depressed under a cloud of Euro-scepticism, 1997 could mean the breakthrough to a confident and enterprising
Union
by providing its most ambitious project to date -- monetary
union
and a common currency.
Finally, 1997 will determine which EU countries qualify for monetary
union.
Fiscal and economic performance during the year will provide the basis for that decision, to be taken in early 1998, with monetary
union
beginning January 1, 1999.
And the central strategic project, European monetary union, remains in doubt.
Which countries will qualify remains to be seen but it is clear that without Germany and France there will be no monetary
union.
Neither can spend its way out of crisis if they want to meet the qualification targets, and public patience with the governments of President Chirac and Chancellor Kohl, both committed to monetary union, is strained.
And if the commitment to introduce monetary
union
and a common currency is broken, the backlash could deal a fatal blow to European integration.
But if monetary
union
succeeds, it will give to the European project the strong foundation it has lacked.
With a determined move toward fiscal and banking union, things could be much better.
By seeking to make an example of the UK, the EU is sending the message that it is a
union
in which some members are bound to lose.
To avoid such an outcome, the EU must transform itself from a redistributive
union
ruled by the majority to an optimal and voluntary
union
ruled by unanimity – one that conforms to the Pareto principle.
A
union
is no different.
Previously, European leaders had averred that the euro was forever, repeating at every turn that they would do whatever it took to hold the monetary
union
together.
Driven by these beliefs, a
union
of “liberals” attempted to bring about a kind of bureaucratic modernization, having convinced themselves that liberal political outcomes could somehow be orchestrated by corrupt bureaucracy through limited democratic institutions.
The European
Union
should now propose a three-point plan for the Balkans:$ a customs
union
with preferential access to EU markets within one year.
The existing EU-Turkey customs
union
should be used as a model.
Regional VAT rates might be increased slightly if expenditure restraint is not sufficient to offset the loss of tariff revenues due to the customs
union.
Back
Next
Related words
Monetary
Political
Would
Fiscal
Banking
Which
Economic
Countries
Customs
Currency
Their
Common
Single
Market
Should
Could
Toward
Integration
Other
Crisis