BUDAPEST, Hungary -- Formula One's fragile peace could gain stability after FIA said Friday that a new Concorde Agreement, the document that governs auto racing's premier sport, could be signed by next week.
Eleven years after the euro's birth, as Greece skids towards disaster, those vague fears have become an urgent question of policy. The first attempt to deal with profligacy, the comically misnamed stability and growth pact, was never going to work. Neither the threat of fines on miscreants unable to afford them nor the euro area's ban on bailouts was credible. The aversion of most euro-area countries to a bailout is understandable, even laudable -- nothing would encourage reckless spending like the knowledge other countries were ready to step in. Greece is especially undeserving. Although some of its problems have been brought on by global recession and by speculators, almost all the blame lies at home. Blatant Greek fiddling with the national accounts to disguise government borrowing h...
... towards the restoration of peace and stability in this region, including the entry into force of the Pact on Security, Stability and Development in the Grea...
...The new stability package suffers from the same problem as all the o... area didn't enforce the Stability and Growth Pact, which limited budget deficits to three per cent o...
... goals at the same time: exchange rate stability; monetary autonomy; and capital mobility. Since th... through the so-called "Growth and Stability Pact," which was meant to levy financial penalties agai...
... there was ever an Israeli-Palestinian peace pact." (2) In Martin's view, it was important that the ... analyst who has studied force levels in stability operations, brings into relief the adequacy of Can...
... ground forces for stabilization and the stability pact pledges for postwar reconstruction--Kosovo ra...
... Islamists as the greatest threat to its stability. To consolidate its authority, the regime has been... attained through the informal military-Ba'th pact. The regime employed the most coercive measures to...
... over the colony's desire to sign a trade pact with the United States. Once again there were inte... needed political leadership, stability and vision. What they got was political scandal. ....
... was closely linked to security and stability in the Mediterranean. The dialogue has also been s... to include former members of the Warsaw pact was a process that continued to recognize the cent...
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