The monetary union s rationale, as many have noted, was always more political than economic.

The rules of the Treaty and the Stability and Growth Pact have a solid economic rationale .

Rationale for central bank independence 2

But if this observation provides the rationale for reform, it does not provide a firm enough basis for drawing up effective economic revival plans.

The truth is that everyone has a different rationale.

And the rationale for this behavior is explicitly religious.

The economic rationale for guaranteed prices is well known stabilizing the prices of primary products, which are subject to sharp fluctuations, stabilizes their producers incomes.

ECB Monthly Bulletin 10th Anniversary of the ECB The economic rationale behind central bank independence has to be translated into a comprehensive and detailed legal framework .

Finally , the ECB shares the information exchanged in the Governing Council with the general public and explains the economic rationale behind policy decisions in great detail .

There may be a legal rationale for this neo imperial elitism.

assessment of the rationale and the overall consistency of the strategy

Its rationale for doing so highlights the risks associated with its decision.

This treatment , which is also in line with the accounting practice of banks and other financial corporations , is intended to better reflect the economic rationale behind these financial instruments .

But, with that historic task now complete, European institutions need a new rationale.

The United Kingdom, with its contrived rationale for fiscal austerity, was not much better.

I'm not saying that there's not a rationale for being opposed to foie gras.

This, ladies and gentlemen, is the rationale behind the existence of my armed forces.

It also requires an explanation both of the analytical framework used for its internal decision making and assessment of the state of the economy and of the economic rationale underlying its policy decisions .

the main parameters and rationale for any bonus scheme and any other non cash benefits .

The ongoing euro crisis has stripped away the rationale that undergirded the integration process for decades.

The informal and unofficial rationale leaking out of the Fed for its inaction had two parts.

It is therefore appropriate first to briefly review the main elements of , and the rationale behind , the strategy .

That was exactly the rationale behind Prime Minister Yitzhak Rabin s endorsement of the Oslo process from the outset.

Process A typical functional requirement will contain a unique name and number, a brief summary, and a rationale.

And with the EU, unlike other federations, lacking a common political destiny, that rationale must center on material benefits.

For the IMF and Germany, which pushed for such an outcome, the rationale was the need to prevent moral hazard.

1. Takes note of the decision of the Commission with regard to the methodology, rationale and scope of the allowances

Given the likelihood of a confused, mistrustful public, it is hard to find any deep rationale for a 4 target.

The post World War II invocation of national security as the legitimizing rationale for an economically active state extended America s leadership.

However , the unilateral adoption of the euro as legal tender ( euroisation ) is incompatible with the rationale and multilateral framework of EMU .

8. Calls upon the Committee on Contributions to give more detailed information and adequate reasons and rationale when making its recommendations.

Indeed, Putin s rationale for annexing Crimea closely resembles Brezhnev s reasoning for invading Afghanistan to confound enemies seeking to surround the country.

To be effective in its monetary policy , the ECB has placed great emphasis from the very outset on communicating its policy actions and the economic rationale underlying its decisions to financial market participants and the general public in a transparent and timely manner .

The participant shall immediately inform insert name of CB of any request and rationale for suspension , reactivation , revocation or renewal of certificates .

The rationale for central bank independence is that the power to spend money should be separated from the power to create money .

The group explained the rationale behind the campaign on Facebook, describing what the holiday season feels like for gay and lesbian people

The rationale behind this particular Commission proposal is apparently that sufficient quantities of high quality beef are not available within the Community.

The rationale behind this principle is that the main purpose of the criteria is to ensure that only those Member States having economic conditions that are conducive to the maintenance of price stability and the coherence of the euro area can participate in it .

In an interview with government owned daily Cameroon Tribune, Florian Ngimbis, president of the bloggers association, further explained the rationale behind the campaign

Furthermore , the increase in unemployment that has occurred in the past few years points to the rationale for labour market reform in some countries .

In fact, his initiative triggered a much broader discussion of the principles underpinning the euro, its governance, and the very rationale for its existence.

The Fed s rationale for continuing its ultra easy monetary policy is that its dual mandate requires it to be concerned with employment as well.

One likely rationale for these decisions was the sense of impending war and that Russian was the language of command in the Red Army.

At all events, the section warns against the risk of confusing two types of measures whose rationale and objectives, although complementary, are radically different.

The rationale of such provisions is to allow relevant supervisors of credit institutions to take appropriate steps in relation to supervisees at an early stage .