significant international financial centers, international financial institutions, international regulatory and supervisory groupings, and committees of central bank experts. International Auditing and [...] IFAC international standard setting, achieve convergence to international standards and ensure that the international accountancy profession is responsive to the public interest. International Forum [...] two entities, the International Accounting Standards Board (IASB) and the International Financial Reporting Interpretations Committee (IFRIC), which respectively issue International Financial Reporting
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particular international relevance is the wood sector. In this sector, frequent use is made of international concepts of "legality" and "sustainability" and of many, slightly differing, international certification [...] their ability to compete in international trading partner markets, already applying GPP, restricted. 2.4. Does the EU have the right to act? Under Article 6 of the Treaty, environmental protection [...] various options in particular The revised report better highlights the impact on competition and international competitiveness and includes reference to possible side-effects such as "crowding out"; whilst
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stronger economic union including a new fiscal compact and strengthened economic policy coordi- nation to be implemented through an international agree- ment, the Treaty on Stability, Coordination and Governance [...] or acceptance, this Treaty shall enter into force on the day following the date of deposit. 3. For each State which accedes to this Treaty in accordance with Article 44, this Treaty shall enter into force [...] and thus addresses one of the main sources of financial instability. This Treaty and the TSCG are complementary in fostering fiscal responsibility and solidarity within the economic and monetary union. It
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stronger economic union including a new fiscal compact and strengthened economic policy coordination to be implemented through an international agreement, the Treaty on Stability, Coordination and Governance [...] acceptance, this Treaty shall enter into force on the day following the date of deposit. 3. For each State which accedes to this Treaty in accordance with Article 44, this Treaty shall enter into [...] EN D/12/3 Brussels, 1st February 2012 TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM (ESM) T/ESM/en 1 TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM
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with the EU Treaty Consistency with the EU Treaty would be essential to ensure the successful introduction of the Stability Bond. Firstly, Stability Bonds must not be in breach of the Treaty prohibition [...] Bonds with the current Treaty framework depends on the specific form chosen. Some options could require changes in the relevant provisions of the Treaty. Article 125 of the Treaty on the functioning of [...] crisis thanks to its rapid implementation. Legal considerations Probably Treaty change Probably Treaty change No Treaty changes required. Secondary legislation may be helpful. Necessary minimum
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Stability Programme of Germany, 2011-2014 THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 121(2) and 148(4) thereof [...] 11391/11 NC/kst 3 DG G EN (4) On 25 March 2011, the European Council endorsed the priorities for fiscal consolidation and structural reform (in line with the Council's conclusions of 15 February and [...] Annual Growth Survey). It underscored the need to give priority to restoring sound budgets and fiscal sustainability, reducing unemployment through labour market reforms and making new efforts to enhance
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Stability Programme of Germany, 2011-2014 THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 121(2) and 148(4) thereof, [...] the Europe 2020 strategy. (4) On 25 March 2011, the European Council endorsed the priorities for fiscal consolidation and structural reform (in line with the Council’s conclusions of 15 February and [...] Annual Growth Survey). It underscored the need to give priority to restoring sound budgets and fiscal sustainability, reducing unemployment through labour market reforms and making new efforts to
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an international role Without prejudice to the institutional competences of the European Institutions, the European Supervisory Authorities could be given a certain role as regards international activities [...] With this initiative, the EU is not just responding to its calls in the G20 framework for international action to build a stronger, more globally consistent, regulatory and supervisory system for the [...] setting out a modern and comprehensive regional framework, whose principles should be taken up at international level. 3. EUROPEAN SYSTEMIC RISK COUNCIL (ESRC) 3.1. The case for reform of macro-prudential
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energy sector. Directive 2003/96/EC4 explicitly allows for such fiscal incentives in its Article 15. The effectiveness of such fiscal incentives depends on the applicable tax rate. In the Nordic countries [...] that are not yet fully competitive. 14 The International Feed-in Cooperation was initiated by the governments of Spain and Germany at the International Conference for Renewable Energies in Bonn in June [...] between feed-in fixed prices and premiums, and one Member State offers a pure premium payment. Fiscal incentives, such as tax exemptions or reductions, are used as the main support scheme in two Member
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the context of international climate negotiations, the EU is currently working on improving the scale and effectiveness of the international carbon markets, and stimulating international investment flows [...] products. Technology, ICT and skills are becoming increasingly important for international competitiveness. International value chains are becoming increasingly interlinked and there is increasingly [...] an important role in mentoring and facilitating international business cooperation, especially with the Mediterranean countries, and its international assistance to SMEs should be further developed.
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