Such unintended consequences pervade EU competition policy as well.

As yet, the EU has no remit for social policy.

At EU level, the example of the European Competition Network shows how a network formed by the Member States' competition authorities and the Commission can ensure the effective and consistent application of EU rules.

By contrast, EU competition investigations drag on and on.

At EU level, action to modernise the application of competition rules has advanced well.

A high degree of labour market flexibility would help national labour markets to adjust to economic shocks and would facilitate the efficient allocation of labour and other resources .

As their direct subcontractors, groundhandling companies need a level playing field at EU level.

It seems that the EU banking systems do not currently suffer from a lack of competition as a result of concentration and that such competition is particularly intense in international wholesale banking and syndicated lending .

EMU should increase competition and strengthen the need to restructure the EU banking systems , inter alia by means of a reduction in excess capacity .

All in all , while some progress has been made over the past decade , in many euro area countries there still seems to be a long way to go to implement reforms that ensure employment rates in line with the best performing countries . The euro area is still far from exhausting the growth potential of a more intense use of labour in the production process .

The subsidiarity principle applies insofar as the proposal does not fall under the exclusive competence of the Community .

In this respect , there are important productivity gains to be reaped in the euro area countries by removing the barriers to competition that still remain at national and EU levels .

Liberally oriented financial systems in the EU, just as those in the globalised world, are based on the principle of an unregulated economic competition.

EU financial and banking legislation

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The empirical literature generally finds that competition in markets is an important factor in explaining both labour productivity and relative price developments .

As well as laying down a number of economic rights and rules concerning fair competition in the internal market, the EU also promises its citizens that it

D. Recognition of language knowledge

The competition of grasses, right?

For the same reason, the competence to decide upon the further allocation of competences had to remain a prerogative of the German state and could not be transferred to the EU.

I took part in the contest.

The competition is fierce.

Tom won the competition.

Who has the skills ?

The Transatlantic Trade and Investment Partnership that the EU is currently negotiating with the US would also create a larger market, with less burdensome regulation and more competition.

The proposal falls under the exclusive competence of the Community .

Euro area enlargement

EU countries

EU enlargement

Institutions of the EU

EU institutions

EU Countries

EU Council

EU legislation

close cooperation with the Member States , possible further clarifications of the home host arrangements for crisis management within the CRD and to submit proposals in this respect by the end of 2008 and ( iv ) a request to the Commission to assess possible regulatory enhancements as regards the transfer of assets within banking groups , the EU Winding Up Directive , and the role of deposit guarantee schemes and public sector support in crises .

III . The benefits of increased competition

Assessing how competition policy works must help to determine whether it genuinely favours free and undistorted competition in the EU and to measure the effectiveness of the fight against de facto monopolies and abuses of a dominant position, their impact on the creation of new businesses and on entrepreneurship.

Sustainability has got to be a pre competitive issue.

As trade policy falls within EU competence, it seems only natural that EU policy should embrace all aspects of it, including customs collection and customs revenue.

Under the pressure of economic competition, internationally as well as within Europe, the Government of the Czech Republic will be forced to pursue ways of lowering the population's living standards.

Competition.

common rules on competition

Competition makes you better.

Aspects relating to competition

Assessment based on competence