Some countries, like Germany, have room for fiscal maneuver.

And here was the clincher By committing themselves to fiscal tightening, finance ministers gave themselves scope for some fiscal loosening.

Taking this into account , it will allow room for budgetary manoeuvre , in particular for public investment .

A couple of weeks after the project was initiated, France and Italy submitted revised annual budgets to the European Commission, in which they demanded more fiscal room for maneuver.

The problem is that the government likely faces high costs if a disaster strikes, which implies a high option value to preserving fiscal space for when it is most needed.

Moreover , prioritising and increasing the efficiency of public spending could create room to alleviate the still high tax burdens in many member countries .

Should a succession process begin soon, it would significantly constrain Rouhani s room for maneuver.

This gives China and its policymakers considerable room for maneuver in coping with the current growth slowdown.

Tax cuts should only be considered over the medium term , when countries have regained sufficient room for budgetary manoeuvre .

The Category 4 appropriations seem to indicate good intentions while also reflecting lost opportunities.

Tax cuts should only be considered over the medium term , when countries have regained sufficient room for budgetary manoeuvre .

The rights and particularly the unemployment benefits and pensions of people who work less than 13 hours are thus bartered away by this Parliament.

But, though China enjoys more room for maneuver than other countries facing similar credit booms, the risks remain serious.

Despite their protestations to the contrary, Hong Kong Chief Executive C. Y. Leung and his government have considerable room for maneuver.

Any loosening of monetary policy should be aimed directly at accommodating fiscal policy.

Though the US had disproportionate economic clout, its room for political and military maneuver was constrained by Soviet power.

Given that the Chinese government had ample scope for policy intervention, this turnaround should come as no surprise.

With the government still having room to wield expansionary monetary and or fiscal policy, the economic revival was only a matter of time.

But, as the violence grows and the election nears, her room for maneuver will undoubtedly narrow.

At all levels, public policy makers will have to find ways of triggering economic dynamism with limited budgetary margin for manoeuvre.

A sound fiscal policy also creates room for manoeuvre to cushion the effects of the economic cycle . And , by reducing the burden associated with debt servicing costs , it facilitates the task of governments in pursuing basic economic and social objectives .

But, given the authorities broad scope for policy intervention, the crash will not come anytime soon if it comes at all.

This strategy s success, starting with the speed of restored access to external financing, would depend on the credibility of government policies monetary, fiscal, and, above all, the radical and indispensable supply side reforms for which there would now be breathing space.

The Greek government has limited room for fiscal stimulus, and it would be shut out of financial markets.

With the government lacking fiscal room, and Greek banks burdened by non performing loans, it is important to mobilize the state s remaining assets and unclog the flow of bank credit to healthy parts of the private sector.

The fact that Luxembourg has had very few problems integrating foreign migrant workers and their families since the beginning of the century, that we have so far coped with living alongside so many foreigners without hatred or fuss has not been due to a policy of the kind advocated by Mr Ford's report and other resolutions on the subject.

Here in the Communities, through the reports by the Court of Auditors and through the wishes repeatedly expressed by this Parliament and by myself, as the rapporteur who recommended the approval of the 1987 budgetary procedure, we have been clamouring for greater transparency and more detail in the budgets of the structural funds.

But, with the economy in free fall, Putin cannot pretend forever. And when he finally does acknowledge reality, he will have little room for maneuver.

Grotesque exaggerations based on half truths, these tales gave Erdoğan and his allies the maneuvering room within which to make the political regime more, not less, authoritarian.

Greece s creditors and partners, for their part, must provide the fiscal space needed for the reforms to work.

Where room for manoeuvre exists , additional budgetary measures could be effective if they are timely , targeted and temporary .

Furthermore, China s low retirement age 50 for women and 60 for men provides policymakers with considerable room to maneuver.

But, on other issues for example, Libya Germany did not so much lead as use its newfound room for maneuver to follow its own preferences in the face of other EU members.

Furthermore , achieving and preserving sound budgetary positions provides some scope for dealing with the fiscal challenges expected to be posed by population ageing .

Finally, Poland needs sound public finances that is, fiscal space for automatic stabilizers during economic crises.

My second point is this.

( 2 ) Whereas national budgetary policies need to be set so as to create room for manoeuvre in adapting to exceptional and cyclical disturbances and so as to avoid excessive deficits

Once the adjustment phase is over , maintaining low inflation rates will be very challenging given the limited room for manoeuvre for monetary policy .

Coping with the burden is necessary and would be facilitated if sufficient room for manoeuvre were created in public finances before the period in which the demographic situation is projected to worsen .

On behalf of the Committee on Budgets I put before you again today and ask you to approve all the other amendments concerning the Court of Justice, the Court of Auditors and the Economic and Social Committee, which we had examined carefully in the light of the real needs of these institutions and approved at first reading.

These parties extremist tendencies and narrow platforms are limiting governments policy flexibility by driving relatively moderate parties and politicians to adopt more radical positions.

Article 6 Reporting of working balances 1 .

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