It is therefore crucial that the social partners continue to meet their responsibilities , also in the context of a more favourable economic environment .

encouraging an environment favourable to cooperation between undertakings

It is therefore crucial that the social partners continue to meet their responsibilities also in the context of a more favourable economic environment .

The Governing Council therefore supports any further reinforcement of fiscal consolidation efforts that also takes full advantage of a more favourable economic environment .

looking ahead , it is crucial that the social partners continue to meet their responsibilities in this regard , also in the context of a more favourable economic environment .

The external environment was also supportive of growth in the euro area .

Underlining the fact that the realization of the right to development requires effective development policies at the national level, as well as equitable economic relations and a favourable economic environment at the international level,

encouraging the creation of a favourable environment for the development of undertakings in this sector

The Eurosystem staff projections are produced jointly by experts from both the ECB and the euro area NCBs .

The external environment is favourable , providing support for euro area exports .

Any positive fiscal developments that may emerge , reflecting factors such as a more favourable than expected environment , should be exploited to make faster progress with fiscal consolidation .

ASSUMPTIONS WITH REGARD TO THE INTERNATIONAL ENVIRONMENT The external environment of the euro area is expected to remain favourable in 2005 and 2006 .

Assumptions with regard to the international environment The external environment of the euro area is expected to remain favourable over the projection horizon .

These include the unlocking of business potential by creating an entrepreneur friendly economic environment , measures to support innovation through higher investment in research and development ( R D ) , and policies geared towards improving human capital .

Underlining also the fact that the realization of the right to development requires effective development policies at the national level as well as equitable economic relations and a favourable economic environment at the international level,

Global growth remains solid , providing a favourable environment for euro area exports .

Stressing also that there is a need for an enabling national and international environment that will enhance human resources development in developing countries and promote sustained economic growth and sustainable development,

Subsequently , the deterioration of their financial position in conjunction with a less favourable economic and financial market environment raised some concerns about the vulnerability of the non financial corporate sector . However , when assessing the sustainability of current debt levels , the interest payment burden also needs to be taken into account .

Global growth remains solid , providing a favourable environment for euro area exports .

Assumptions with regard to the international environment In the baseline projection , the external environment of the euro area is expected to remain favourable over the projection horizon .

Second half of 1999 The economic environment changed gradually in subsequent months .

10. Recognizes that sustained economic growth is essential for eradicating poverty and hunger, in particular in developing countries, and stresses that national efforts in this regard should be complemented by an enabling international environment

Reaffirming its resolve to create an environment, at the national and global levels alike, that is conducive to development and the elimination of poverty,

The EU banking sector remained resilient , albeit challenged for a third consecutive year by subpar economic growth in 2003 . It absorbed the adverse effects of a less benign than expected environment .

Uncertainty vis à vis the global environment seemed to decrease somewhat .

These needs may alter over time as a result of changes in the economic environment .

Risks to this budgetary outlook come from a more unfavourable macroeconomic environment , expenditure overruns and further tax cuts .

3. Encourages all States to ensure and maintain an environment conducive to the work of human rights defenders

Baghdasarian believes that EU membership will open new avenues for Armenia to move to a new geopolitical milieu as well as a new economic environment.

Reaffirming its resolve to create an environment, at the national and global levels alike, that is conducive to sustainable development and the elimination of poverty,

3. Encourages all States to ensure and maintain an environment conducive to the work of human rights defenders

encouraging an environment favourable to initiative and to the development of undertakings throughout the Union, particularly small and medium sized undertakings

As regards the external environment , economic growth has become more balanced across regions .

And, indeed, severe demand constraints are a key feature of today's global economic environment.

Taking note of the existence throughout Central America of freely elected Governments, indicating the achievement of political, economic and social changes that are creating a climate conducive to the promotion of economic growth and advancement towards the further development of democratic, just and equitable societies,

At an external level, the international economic environment needs to be more accommodating towards the development of the countries concerned and international aid should be steered towards long term programmes for tackling poverty at its roots.

Beyond Gaza, the rise of political Islam in the Arab Spring countries, particularly Egypt and Tunisia, has created a more Hamas friendly neighborhood.

Can Israel remain an oasis of stability, security, modernity, and economic growth in such a volatile environment?

Against this background , it is crucial that the social partners continue to meet their responsibilities , particularly in the context of a more favourable environment for economic activity and employment .

I suspect that if the industry had shown greater leadership on issues for example, excessive executive pay they would have found themselves in a much more favorable environment today.

By focusing the monetary policy of the ECB on this primary objective , the Treaty makes it clear that ensuring price stability is the most important contribution that monetary policy can make to achieving a favourable economic environment and a high level of employment .

Given the positive economic environment in the euro area , the ECB 's monetary policy is still on the accommodative side , with overall financing conditions favourable , money and credit growth vigorous , and liquidity in the euro area ample .

ECB Annual Report 2001 as possible , common assumptions are to be used by all Member States as regards the external economic environment .

As a result, the new economic environment will produce more tension than accommodation between countries pursuing liberal and mercantilist paths.

This lack of ambition unnecessarily prolongs the correction of remaining fiscal deficits and could lead to negative surprises should the macroeconomic environment turn less favourable .