And this leads to very high handling costs.

However , the current payment system has high cost .

Real income gains in 2006 were achieved mainly through strong employment growth and non labour income growth , and occurred in spite of the negative impact that elevated energy costs had on household purchasing power .

Given that Paris is a financial centres and among the most expensive business locations in the world , the estimated costs naturally exceed the average levels for the EU regulatory agencies .

Given that London is a financial centre and among the most expensive business locations in the world , the estimated costs naturally exceed the average levels for the EU regulatory agencies .

Given that Frankfurt is a financial centre and are among the most expensive business locations in the world , the estimated costs naturally exceed the average levels for the EU regulatory agencies .

The rise in export prices was partly accounted for by the increase in costs associated with higher oil prices .

This company shall also achieve higher productivity levels, through staff restructuring and reducing the costs of external services.

This solution would create fewer rounding problems but might involve substantially higher costs .

Despite increased rationalisation efforts , EU banks cost to income ratios increased in 2001 .

2 Low value banknotes too costly Denominations simplify handling 1 2

A global reordering of economic growth is punishing the developed countries high cost, high tax, high benefits governance model.

Despite the tight labour market and high energy prices , price developments in Denmark remained broadly contained in 2001 .

The prolonged period of renegotiation now proposed by Cameron implies high costs for both sides.

. 2008 Q4 3.6 4.4 3.0 1.7 4.8 2009 Q1 3.2 3.8 1.9 3.8 5.9 2009 Q2 2.8 4.3 1.6 3.1 4.8 2009 Q3 2.3 3.2 1.4 2.0 3.5 2009 Q4 2.1 .

Excluding the effect of these factors , the underlying pattern indicated that firms were partly able to pass on higher input costs to consumers .

Sources Eurostat , national data and ECB calculations . ECB Annual Report 2009

Sometimes, the costs of inaction of permitting financial risks to develop are simply too high.

In some sectors , as mentioned above , competitive forces may also have restrained firms from passing increased input costs into overall consumer prices .

Despite the costs of the war, the Iraqi regime made generous contributions to Shia waqf (religious endowments) as part of the price of buying Iraqi Shia support.

The direct costs of modifying this interface to enable the processing of SEPA instruments might be high .

Since the industry remained inactive for years , a catalyst was needed to co ordinate efforts and to put pressure on banks that blocked improvements or were not prepared to progress in an adequate manner .

This is explained by the above increase in unit labour costs and by higher energy and non oil input prices ( as reflected in , for example , the price of intermediate goods ) .

In the case of excessive wage increases , the danger exists that a self sustaining spiral of higher costs , higher prices and higher wage demands may be created .

The increase in administrative expenditure is primarily due to additional operational costs associated with the ECB 's second site , the Eurotheum , and higher consultancy fees , the latter mainly in connection with the preparation of the Euro 2002 Information Campaign .

The increase in administrative expenditure is primarily due to additional operational costs associated with the ECB 's main site , the Eurotower , and higher consultancy fees , especially in connection with the preparation of the Euro 2002 Information Campaign .

In an industry where fixed costs are high , there is little doubt that the present situation is highly inefficient .

Where inventory storage and distribution costs are insignificant, it becomes economically viable to sell relatively unpopular products however, when storage and distribution costs are high, only the most popular products can be sold.

3 Most of these sectors have high market entry costs associated with the decision to start exporting , thereby suggesting that a reduction of such costs is a channel through which the euro may have contributed to euro area trade flows .

Subdued growth in labour costs , combined with high oil prices , contributed to restraining underlying growth in real disposable income in the second half of 2004 .

Removal of transaction costs

With regard to the impact of the depreciation of Services sector activity supported by strong growth in domestic demand Data on value added by main sector of activity were compiled by the ECB and first published in the May 2000 issue of the Monthly Bulletin .

Unlike the French, who are handicapped by the high cost of housing, Germans purchasing power is more harmoniously distributed, creating more room for household consumption to contribute to economic growth.

Available information , albeit limited , suggests that costs might have been relatively modest .

( d ) cost sharing mechanism ( e ) the cost of capital .

Despite higher energy prices, oil and gas only contribute to 5.7 of Russia's GDP and the government predicts this will be 3.7 by 2011.

However , despite a tightening of labour market conditions , wage growth has remained moderate , notwithstanding a slight acceleration in 1997 , and increases in unit labour costs have been low .

This supports real disposable income and thus consumption growth , although purchasing power is being dampened by the impact of higher energy and food prices .

Many firms preferred to bear the limited cost of hoarding labour rather than face the higher costs associated with workers dismissal ( e.g. a loss of human capital or separation costs ) .

When I wrote in 2007 that no member state would voluntarily leave the eurozone, I emphasized the high economic costs of such a decision.

Weaker contribution from domestic demand accounted for a further slowdown of annual real GDP growth in 2002 Compared with 2001 , lower annual average real GDP growth in 2002 was accounted for by a weaker contribution from domestic demand to economic activity . Subdued domestic demand was caused by a significant retrenchment of capital spending , only partially offset by moderate growth in private consumption .

The current CRD provisions show several shortcomings high costs for the industry including unwarranted compliance costs for certain types of investment firms , lack of clarity and a level

When we do it, we will put the cost of care down.

( ii ) the cost methodology for T2S

Nevertheless , there is an upside risk to inflation going forward in that higher non wage input costs in some sectors could be passed on to consumers , should the pricing power of companies strengthen in line with the improving economic outlook .