The euro area benefits from Lithuania's accession in at least two ways: first, Lithuania has shown that adjustment is not only necessary, but also possible – even without currency devaluation; second, Lithuania's decision to join the euro area …
"Lithuania would have a clear competitive disadvantage when it comes to attracting investment from abroad if it delayed adopting the euro." … "The Baltic countries have demonstrated that adjustment is possible–even without currency devaluation," he …
This depression has led to a gradual, painful "internal devaluation" as labor costs have come down, making Spain more competitive with the rest of Europe. As a result, Spain is finally starting a slight recovery, with its growth rate in recent quarters …
For example, courts may deny or limit a secured creditor's right to credit bid in order to ensure the success of a reorganization, to foster a competitive bidding environment, or for any other policy advanced by the Bankruptcy Code. In Free Lance-Star …
And Germany's insistence that others deliver austerity has led only to weaker German exports, even though its exporters are more competitive than Eurozone rivals. Competitive internal devaluations have led to lower and lower inflation and now a growing …
Domestic violence also serves as a powerful symbol of the toxic masculinity and devaluation of women that football promotes: This is a sport where men are rewarded for beating other men until they can't even walk or think anymore while women appear …
With mobile data traffic is expected to grow at CAGR 61% by 2018, mobile operators facing an investment cycle to meed demand. Increasing backlog supports strong demand for company's products. Completion of reorganization plan and manufacturing ramp …
Their conviction stems from the constitutional changes pushed through by the 48-year-old president, from opening Mexico's oil industry to private investment to spurring competition in a telecommunications industry dominated by billionaire Carlos Slim …
Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the first half (ending September 30, 2014) of the current fiscal year ending March 31, 2015 (fiscal 2015). The company plans to pay an interim dividend of 9 yen per …