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Sample records for euro area bond

  1. Which News Moves the Euro Area Bond Market?

    DEFF Research Database (Denmark)

    Andersson, Magnus; Overby, Lars Jul; Sebestyén, Szabolcs

    2009-01-01

    This paper explores a long dataset (1999-2005) of intraday prices on German long-term bond futures and examines market responses to major macroeconomic announcements and ECB monetary policy releases. German bond markets tend to react more strongly to the surprise component in US macro releases...

  2. Integration of Government Bond Market in the Euro Area and Monetary Policy

    Directory of Open Access Journals (Sweden)

    Lukić Velimir

    2016-01-01

    Full Text Available This paper combines analysis of evolution in euro area government bond market integration and interference of European Central Bank with functioning of respective market recently. Since the introduction of euro, government bond yields converged in the euro area, bonds of different countries have become close substitutes in the perception of investors, and overall integration of the market was rather high. At the end of 2008, dramatic shift occurred and ever since disintegrative forces were set in motion. The paper presents the following measures of integration of the government bond markets: yield spreads, dispersion in yield spreads and beta coefficient. All three measures suggest unprecedented market disintegration as of 2010. The paper highlighted relevance of sovereign bond market for the smooth functioning of the monetary policy transmission mechanism in a monetary union context. Three ECB’s programmes aimed at sovereign debt crisis resolution were analysed in details. They proved successful in lowering peripheral countries’ yields and spreads, and calming the markets. If one takes central bank function of the lender of last resort for banks, then these programmes may be viewed as the “buyer of last resort” device for government bonds. Although warranted by exceptional circumstances and need for swift response, a due caution should be paid to these programmes since they pose certain challenges for conduct of monetary policy and might even have unintended consequences.

  3. Impact of the asset purchase programme on euro area government bond yields using market news

    OpenAIRE

    De Santis, Roberto

    2016-01-01

    Assessing the impact of the Asset Purchase Programme (APP) by the European Central Bank (ECB) on euro area sovereign yields is challenging, because the monetary policy announcement in January 2015 was already implicitly communicated to the market in the second half of 2014. Therefore, to identify the APP for the euro area, we rely upon Bloomberg news on euro area APP. The econometric results suggest that the impact of APP on euro area long-term sovereign yields is sizeable, albeit the program...

  4. Financial market implications of monetary policy coincidences: Evidence from the UK and Euro Area government-bond markets

    OpenAIRE

    Arestis, Philip; Phelps, P

    2017-01-01

    Relatively little is known about the financial market impact of international monetary surprises arising on the same trading day. This paper estimates a suite of multi-security factor models, which captures international monetary surprise effects on UK and Euro Area government-bond markets over the period 1999–2014. In doing so, we shed light on the relative importance of coinciding, non-coinciding monetary surprises and non-monetary surprises across the yield curve. We find some support for ...

  5. European Sovereign Bond-Backed Securities – a Proposal to Mitigate Risks Arisen from the Lack of an Euro Area Common Fiscal Policy

    Directory of Open Access Journals (Sweden)

    Munteanu Bogdan

    2017-01-01

    Full Text Available “European Sovereign Bond-Backed Securities” explores the complexities of having a fiscal unionfor Euro Area. All measures taken for fiscal integration are elements that need cohesion in order tobreak the vicious circle of unsustainable public debt affecting the balance sheets of banks anddeepening the need for rescue, which signals a further deterioration in asset valuation and marketsshrinking, worsening further the economic conditions. The need for a synthetic bond obtained bysecuritization of Euro Area governments’ debts emerges as viable proposal to break this public debt– private debt circle. Furthermore, it explores the “impossible trinity” (Mundell-Flemming and thetranslation into the Euro Area. The conclusions point to the need for institutionalized and officialapproach of introducing such derivative products like European Sovereign Bond-Backed Securitiesin the quest for safe assets, aiming to break the circle of debt (effect by substituting the absence of acommon fiscal policy (cause.

  6. Purchasing Power Parity and the Euro Area

    NARCIS (Netherlands)

    C.G. Koedijk (Kees); B. Tims (Ben); M.A. van Dijk (Mathijs)

    2004-01-01

    textabstractThis paper analyzes purchasing power parity (PPP) for the euro area. We study the impact of the introduction of the euro in 1999 on the behavior of real exchange rates. We test the PPP hypothesis for a panel of real exchange rates within the euro area over the period 1973-2003. Our

  7. EURO AREA FISCAL STRUCTURES. A MULTIVARIATE ANALYSIS

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    HURDUZEU Gheorghe

    2014-07-01

    Full Text Available The European framework for fiscal policies is constructed mainly on the objective of monitoring budget balances and public debt, allowing national governments to decide on the specific fiscal policy that is more suitable to their internal context and public needs. However, for Euro Area member states this autonomy is restricted by the conditions imposed through the Stability and Growth Pact. As the recent macroeconomic dynamics underlined the necesity of improving the fiscal outcomes, the fiscal framework was updated and modified by the provisions of the new European economic governance meant to avoid unsound and unsustainable fiscal policies that could affect the stability of other Euro Area member states. The Six-Pack, the Fiscal Compact and the other conditions imposed by the reform of the fiscal governance framework are meant to ensure more discipline in drafting and executing national budgets. Even so, national authorities maintain their fiscal sovereignty and the decision regarding fiscal structures remains at their disposal, as long as the drafts are approved and the outcomes are maintained in the limits imposed through the supranational fiscal framework. Regardless of the numerous differences between member states, similar trends regarding tax mixes can be noticed in time. The objectives of this paper is to analyze fiscal structures of Euro Area member states and to determine, if any, groups with similar fiscal structures, their composition and the similarities that characterize Euro Area in this respect. In order to have a clear overview of fiscal structures within Euro Area, we analyzed data for 17 member states, for year 2012, taking into consideration total general government revenue, indirect taxation, direct taxation and social contributions. As one of the aims of this paper is to determine whether in Euro Area the main contributors are corporations or individuals, we also analyzed the structure of direct taxation, dividing it into

  8. Current account imbalances in the euro area

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    Klára Plecitá

    2013-01-01

    Full Text Available While the current account balance for the euro area as a whole has been in balance, divergences in current account positions among the euro-area members have widened since the introduction of the common currency euro. During the last 13 years Portugal, Greece and Spain have run large and persistent current account deficits, whereas Luxembourg, the Netherlands, Finland or Germany have displayed during the same period large and persistent surpluses. However, there is no unambiguous agreement among economists, whether this divergence of current account positions of the euro-area countries mirrors growing intra-euro-area imbalances (Gros, 2012 or just reflects proper functioning of the European integration process (Schmitz and von Hagen, 2009. Therefore, the aim of this paper is to estimate equilibrium current account position for each of the original 12 euro area countries so that it is possible to assess whether the divergence of intra-euro current account balances could be explained on the basis of economic fundamentals or it just reflects misallocation of resources and thus macroeconomic imbalances. The equilibrium current account balance is estimated using a panel-econometric technique for a sample of 30 industrial countries, which represent euro-area member states and their main business partners, over the period 1993–2011. Economic fundamentals affecting the equilibrium current account position are selected on the basis of the saving-investment balance, the trade balance and the net income balance, to ensure that we take into an account all theoretically important explanatory variables. We find that the main determinants of current account norms in our sample are fiscal balance, a country’s net international investment position, oil balance and a country’s stage of economic development. The major part of the euro-area countries exhibits current account positions close to their equilibrium levels with the exception of the Netherlands and

  9. The Term Structure of Credit Spreads on Euro Corporate Bonds

    NARCIS (Netherlands)

    van Landschoot, A.

    2003-01-01

    Although there is a broad literature on structural credit risk models, there has been little empirical testing of these models.In this paper we examine the term structure of credit spreads on euro corporate bonds and the empirical validation of structural credit risk models.The latter provide a

  10. Disequilibria Management at the Euro Area Level

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    Iulia Lupu

    2010-06-01

    Full Text Available The current crisis has shown that an economic integration through a political and monetary approach is wrong. It seems to be more appropriate a social and economic approach, meaning both a betterpreparedness of the new countries joining the euro area and more flexibility of the economic structures of the old members of the euro zone, in order to make the more "harmonious" the way of the monetary area operation. For that purpose, this article has made an analysis of the imbalances management issue in the euro area in order to provide a few theoretical solutions for a better functioning of the Economic and Monetary Union (EMU, based on the observation of developments in the euro area countries. This paper enriches theeconomic literature, but also it is relying on the research workings made by the authors in the field of European integration. The originality of this article arises from the extremely topical issue examined and its way of approach, but also from the conclusions outlined.

  11. TARGET - NEW PAYMENT SYSTEM FOR THE EURO AREA

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    ELENA VIOLETA DRĂGOI

    2015-04-01

    Full Text Available At EU level, the funds transfer systems have undergone significant changes starting with the introduction of euro. The launch of the euro, the emergence of new technologies, introduction of financial innovations and the globalization have led to reorganization of funds transfer systems` infrastructure. The paper aims to offer an analysis of actual payment system for Euro area, a trans-European funds transfer system with gross settlement in real-time for payments in euro TARGET- to increase economical and operational efficiency of payments and also to reduce the risks in the electronic funds transfer system by creating efficient and secure payment systems.

  12. 160 Adopting the Euro: A Long Path towards National Consensus within the Euro Area Candidate Countries

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    Adina Criste

    2015-06-01

    Full Text Available The global financial crisis outbreak after 2007 has profoundly changed the course of the history of relations in the world economy, creating a complicated framework of political relations between countries and economic regions. In this context, it is important to depict the economic convergence stage of Euro Area candidate countries and to what extent this crisis has or has not changed the euro adoption objective for these countries. The present paper aimed to shed a light on this issue by analyzing both the state of the convergence process and the public attitude regarding euro adoption in four Euro Area candidate countries which have the same monetary policy strategy (inflation targeting. The research results show the way in which the global financial crisis “deviates” the convergence trajectory of the nominal indicators, but also the political and public sentiment against the euro adoption in the selected countries. The results represent a valuable groundwork for analyzing the way in which National Central Banks candidate to the Eurosystem are implied into the processing for euro adoption during turbulence times

  13. Understanding inter-industry wage structures in the euro area

    OpenAIRE

    Genre, Véronique; Momferatou, Daphne; Kohn, Karsten

    2009-01-01

    This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for 1991-2002. Data inspection confirms the existence of a fairly stable inter- industry wage structure that is similar across countries. We then apply panel data techniques to identify factors explaining ...

  14. Euro Area Scenarios and their Economic Consequences for Slovenia and Serbia

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    Klaus Weyerstrass

    2013-11-01

    Full Text Available Since 1999, divergences in international competitiveness led to an accumulation of current account deficits in the south and surpluses in the north of the euro area. With the aid of macroeconometric models, this paper estimates the effects of an exit of Greece or of all GIIPS countries (Greece, Italy, Ireland, Portugal, Spain on the economies of Slovenia and Serbia. An exit of one or more countries would affect other economies via the trade channel and credit constraints. Euro area members would additionally suffer from an increase of public debt due to non-performing loans of the European Stability Mechanism and devaluations of public bonds purchased by the European Central Bank. An exit of Greece alone would only marginally affect the economies of Slovenia and Serbia. An exit of all GIIPS countries or a euro area breakup would have dramatic negative consequences for output, unemployment and public finances.

  15. Testing the Asymmetry of Shocks with Euro Area

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    Marius-Corneliu MARINAŞ

    2012-01-01

    Full Text Available The objective of this study is to identify the demand and supply shocks affecting 13 EU member states and to estimate their degree of correlation with the Euro area shocks. This research ensures identifying the asymmetry of shocks degree with the monetary union, depending on which it’s judging the desirability of adopting a single currency. The analysis is also useful for the economies outside the Euro area, because they are strongly commercial and financial integrated especially with the core economies from union. Applying the Blanchard and Quah methodology to estimate the shocks in the period from 1998:1- 2010:3, I have found a weak and negative correlation between demand shocks and a medium to high correlation of the supply shocks. The results obtained suggest the presence of a structural convergence process with the Euro area, in the context of domestic macroeconomic policies rather different, both inside and outside the monetary union.

  16. Valuing Euro rating-triggered step-up telecom bonds

    NARCIS (Netherlands)

    P. Houweling (Patrick); A.A. Mentink; A.C.F. Vorst (Ton)

    2003-01-01

    textabstractWe value rating-triggered step-up bonds with three methods: (i) the Jarrow, Lando and Turnbull (1997, JLT) framework, (ii) a similar framework using historical probabilities and (iii) as plain vanilla bonds. We find that the market seems to value single step-up bonds according to the JLT

  17. Valuing Euro Rating-Triggered Step-Up Telecom Bonds

    NARCIS (Netherlands)

    P. Houweling (Patrick); A.A. Mentink; A.C.F. Vorst (Ton)

    2003-01-01

    textabstractWe value rating-triggered step-up bonds with three methods: (i) the Jarrow, Lando and Turnbull (1997, JLT) framework, (ii) a similar framework using historical probabilities and (iii) as plain vanilla bonds. We find that the market seems to value single step-up bonds according to the JLT

  18. The agony of unemployment in the Euro Area

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    Ristanović Vladimir

    2014-01-01

    Full Text Available This paper looks at the evolution of the unemployment problem in the Euro Area. Our goal is to look at what are the roots of the unemployment problem and to devise reasons of the already chronic unemployment problem. We show the main factors that prolong the agony of unemployment and whether it is likely that in the near future, the problem of unemployment in the Euro Area will bi past. In the Euro Area we follow the analysis of basic macroeconomic indicators of balance in an economy - GDP, inflation and unemployment. We consider whether the monetary strategy of inflation targeting has contributed to the unemployment problem, by reducing the potential output, but also to confirm that within the current global crisis there are some deviations from the theoretical concepts of basic macroeconomic relationships - Okun's law and the Phillips curve. We show that only Germany, with a 'small' sacrifice, can save the real sector in the peripheral Mediterranean countries, as well as in the entire Euro Area.

  19. Deflation Risk in the Euro Area and Central Bank Credibility

    NARCIS (Netherlands)

    G. Galati (Gabriele); Z. Gorgi (Zion); R. Moessner (Richhild); C. Zhou (Chen)

    2016-01-01

    textabstractThis paper investigates how the perceived risk that the euro area will experience deflation has evolved over time, and what this risk implies for the credibility of the ECB. We use a novel data set on market participants’ perceptions of short- to long-term deflation risk implied by

  20. Macroeconomic adjustment: The Baltic states versus euro area crisis countries

    OpenAIRE

    Lindner, Axel

    2011-01-01

    Estonia, Latvia and Lithuania have succeeded in rapidly reducing their current account deficits despite fixed exchange rates. Which factors have played a major role in this? What similarities, and what differences, do the Baltic states show compared to Greece and Portugal? What insights can be gained for the political debate on the euro area debt crisis?

  1. Monetary dynamics in the euro area : a disaggregate panel approach

    NARCIS (Netherlands)

    Liu, J.; Kool, C.J.M.

    In this paper, we use panel cointegration estimation to analyze the determinants of heterogeneous monetary dynamics in ten euro area member countries over the period 1999-2013. In particular, we investigate the role of real house prices, real equity prices and cross border bank credit. For the

  2. Regime-dependent determinants of Euro area sovereign CDS spreads

    NARCIS (Netherlands)

    Blommestein, H.J.; Eijffinger, Sylvester; Qian, Zongxin

    We study the determinants of sovereign CDS spreads of five Euro area countries (Greece, Ireland, Italy, Portugal, and Spain) after the collapse of Lehman Brothers. We find that global and/or European Monetary Union (EMU)-wide factors are the main drivers of changes in the sovereign CDS spreads in

  3. Balance of payments adjustment mechanisms in the Euro area

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    Pavel HNÁT

    2012-06-01

    Full Text Available The article aims at analysing the current situation in the Euro area with respect to the balance of payments adjustment mechanism that should normally be at place. Internally, the Euro area membership represents a combination of the fixed exchange rate, capital mobility and no monetary policy autonomy; externally, the Euro area countries apply floating exchange rates with high capital mobility, and autonomous monetary policy. Member states thus cannot use the monetary instruments to prevent external influences; they can only use fiscal policies, which are limited by the Stability and Growth Pact and debt constraint. When external imbalance occurs (such as today, the economies of member states are exposed to the price and income adjustment processes as well as to their own fiscal and ECB policy impacts. This article shows that all these factors interfere and influence real effects of automatic adjustment mechanisms which in some cases cannot come forth at all. Factors within domestic economic policies that limit the restoration of external balance within the Euro area thus create an important outcome of this paper.

  4. Instability and Nonlinearity in the Euro-area Philips Curve

    NARCIS (Netherlands)

    A. Musso; A. Stracca; D.J.C. van Dijk (Dick)

    2009-01-01

    textabstractThis paper provides a comprehensive analysis of the functional form of the euro-area Phillips curve over the past three decades. In particular, compared with previous literature, we analyze the stability of the relationship in detail, especially as regards the possibility of a

  5. Euro area Inflation as a Predictor of National Inflation Rates

    OpenAIRE

    Antonella Cavallo; Antonio Ribba

    2013-01-01

    The stability of inflation differentials is an important condition for the smooth working of a currency area, such as the European Economic and Monetary Union. In the presence of stability, changes in national inflation rates, while holding Euro-area inflation fixed contemporaneously, should be only transitory. If this is the case, the rate of inflation of the whole area can also be interpreted as a predictor, at least in the long run, of the different national inflation rates. However, in th...

  6. LABOUR MOBILITY AS AN ADJUSTMENT MECHANISM IN THE EURO AREA

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    Cristina Puiu

    2011-12-01

    Full Text Available The aim of this paper is to assess the capacity of labour mobility in the euro area to act as an adjustment mechanism in the event of an asymmetric shock. According to the optimum currency area theory, labour mobility has been emphasized as one of the main adjustment mechanism. Given the present situation, where there are major concerns about the future of the euro area, it is necessary to study if the mechanism for stability works and if it can be improved. Considering the difficulty of quantifying the labour mobility, we have analyzed the net migration and the regulations regarding labour market. The empirical evidence shows that labour mobility does not act as a sufficient adjustment mechanism.

  7. Poland’s Public Finance Convergence with the Euro Area

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    Elżbieta Kawecka-Wyrzykowska

    2013-06-01

    the euro area situation.

  8. Purchasing Power Parity between the UK and the Euro Area

    OpenAIRE

    Giorgio Canarella; Stephen M. Miller; Stephen K. Pollard

    2012-01-01

    We use the Johansen cointegration approach to assess the empirical validity of the purchasing power parity (PPP) between the UK and the Euro Area, which we represent by Germany, the largest of its members. We conduct the empirical analysis in the context of the global financial crisis that began in 2007 and find that it directly affects the cointegration space. We fail to validate the Johansen and Juselius (1992) original hypothesis that nonstationarity of the PPP associates with the nonstati...

  9. Business Cycle Dynamics in the Euro Area: A Factor-SVAR Approach

    OpenAIRE

    Atilim Seymen

    2009-01-01

    The study investigates the business cycle dynamics in the euro area using an empirical framework which comprises common global and euro area shocks as well as allows bilateral spillovers of country-specific shocks across the member economies. Three core questions lie at the heart of the analysis: (i) To what extent are the business cycles of the euro area countries driven by common and spillover shocks? (ii) What are the extent and sources of business cycle heterogeneity in the euro area? (ii...

  10. Financial and economic approach: Financial & banking sector development pact from the perspective of the euro area European economic policy

    Directory of Open Access Journals (Sweden)

    Theodoropoulos Theodore E.

    2004-01-01

    Full Text Available Powerful obstacles to the further integration of repot, bond and equity markets remain the still fragmented securities settlement industry in Europe, which charges much higher fees for cross border transactions than for domestic transactions, and differences in legal systems. This paper describes the main developments in the euro area financial markets before and after the introduction of the single currency. It looks at the evolution of the euro area financial structure in the last few years. Interestingly in various dimensions the financial structure of euro area countries seems to become more diverse over time. We assess the progress towards financial integration in the most important euro-area financial segments, namely money and equity markets, as well as banking. The available data suggest that the unsecured money market strongly integrated with the introduction of the euro, as the single currency and related euro-area-wide large-value payment systems link the different countries well. Also, some progress occurred in the integration of euro-area equity markets, as stock exchanges in a few countries merged to form Euronext and professional asset managers replaced country allocation by sector allocation strategies. Overall, while asset holdings have become more international in the euro area since the introduction of the single currency, securities markets are still much less integrated than in the US. In the area of retail banking the increased homogeneity of interest rates seems to be driven more by macroeconomic convergence than by market integration. In addition we consider a wide range of other determinants, such as foreign debt or net foreign assets, terms of trade, government debt and regulated prices.

  11. Paying taxes in Euro area countries: issues behind tax morale

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    Virgilijus Rutkauskas

    2016-10-01

    Full Text Available This article investigates theoretical and practical aspects of tax morale in euro area countries. The attitude of households on tax payment – whether to pay taxes or not – is assessed quantitatively by employing dichotomous logit-probit regression analysis. Research is based on household level data received from World Values Survey and European Values Study. The results suggest that the main issues behind weak tax morale are corruption, disrespect to the country. Additionally tax morale is significantly affected by factors like age, gender, religiousness, gender, income and education. Article concludes on possible policy options in order to increase tax morale.

  12. The Importance of Being Vigilant: Has ECB Communication Influenced Euro Area Inflation Expectations?

    OpenAIRE

    David-Jan Jansen; Jakob de Haan

    2007-01-01

    Using daily data on inflation-indexed bonds, we find evidence of a negative relationship between ECB communication regarding risks to price stability - measured on the basis of the frequency and strength of the keyword ‘vigilance’ - and changes in euro area break-even inflation. However, this result is only found for the second half of 2005. At that time, the start of a tightening of ECB monetary policy was increasingly likely. This suggests that communication should be closely in line wi...

  13. Real time uncertainty in fiscal planning and debt accumulation in the euro area

    OpenAIRE

    Paloviita, Maritta

    2012-01-01

    This study explores real time uncertainty in euro area fiscal policies since the late 1990s. Using real time data from the OECD Economic Outlook publications we investigate the impact of real time uncertainty on fiscal planning and debt accumulation separately for two country groups in the euro area: countries in geographical periphery (Greece, Ireland, Italy, Portugal and Spain) and other euro area countries (Austria, Belgium, Finland, France, Germany and the Netherlands). The results indica...

  14. Estonia's accession to the euro area / Mart Sõrg

    Index Scriptorium Estoniae

    Sõrg, Mart, 1943-

    2006-01-01

    Eesti astumine Euroopa Liidu liikmeks mais 2004 tõi kaasa kohustuse liituda ka europiirkonnaga. Ettevalmistused kulgevad seaduse harmoniseerimise, euro kasutuselevõtu tehnilise ettevalmistuse ning majanduse stabiilsus- ja kasvupakti nõuetele vastavusse viimise osas

  15. EuroMInd-D: A Density Estimate of Monthly Gross Domestic Product for the Euro Area

    DEFF Research Database (Denmark)

    Proietti, Tommaso; Marczak, Martyna; Mazzi, Gianluigi

    EuroMInd-D is a density estimate of monthly gross domestic product (GDP) constructed according to a bottom–up approach, pooling the density estimates of eleven GDP components, by output and expenditure type. The components density estimates are obtained from a medium-size dynamic factor model...... of a set of coincident time series handling mixed frequencies of observation and ragged–edged data structures. They reflect both parameter and filtering uncertainty and are obtained by implementing a bootstrap algorithm for simulating from the distribution of the maximum likelihood estimators of the model...

  16. Dynamic Correlations of Sovereign Bond Yield Spreads in the Euro zone and the Role of Credit Rating Agencies' Downgrades

    OpenAIRE

    Antonakakis, Nikolaos

    2012-01-01

    The European debt crisis that followed the global financial crisis, erupting first with Greece, then Ireland, Portugal, Italy and Spain, has threatened the very existence of the Euro zone. In this paper we examine the evolution of dynamic co-movements of sovereign bond yield spreads (BYS) in the Euro zone and the role of credit rating agency downgrades on those co-movements. Estimation results from a multivariate DCC-GARCH model on daily BYS data for nine Euro zone countries over the period 2...

  17. Institutional diversity in the Euro area : Any evidence of convergence?

    NARCIS (Netherlands)

    Ritzen, Jo; Pérez-Moreno, Salvador; Bárcena-Martín, Elena

    2017-01-01

    The institutional characteristics of the 19 Euro countries, such as Government efficiency or undue influence or corporate ethics, have diverged in the period 2006-2015. This endangers the sustainability of the EMU, as institutional characteristics are an important element of competitiveness. We find

  18. SMEs’ Access to Finance in the Euro Area; What Helps or Hampers?

    OpenAIRE

    Bahar Öztürk; Mico Mrkaic

    2014-01-01

    The monetary transmission mechanism in the euro area has been adversely affected by the recent crises. Using survey data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in bank funding costs and borrower leverage matter for firms’ access to finance. Increases in bank funding costs and borrowers’ debt-to-asset ratios are significantly and negatively associated with firms’ access to finance. The use of subsidies significantly imp...

  19. Signalling fiscal stress in the euro area - a country-specific early warning system

    OpenAIRE

    Hernández de Cos, Pablo; Koester, Gerrit B.; Moral-Benito, Enrique; Nickel, Christiane

    2014-01-01

    The sovereign debt crisis in the euro area has increased the interest in early warning indicators, with the aim to indicate the build?up of fiscal stress early on and to facilitate crisis prevention by a timely counteraction of fiscal and macroeconomic policies. This paper presents possible improvements to enhance existing early warning indicators for fiscal stress, especially for the euro area. We show that a country?specific approach could strongly increase the signalling power of early war...

  20. On equilibrium real exchange rates in euro area: Special focus on behavioral equilibrium exchange rates in Ireland and Greece

    OpenAIRE

    Klára Plecitá; Luboš Střelec

    2012-01-01

    This paper focuses on the intra-euro-area imbalances. Therefore the first aim of this paper is to identify euro-area countries exhibiting macroeconomic imbalances. The subsequent aim is to estimate equilibrium real exchange rates for these countries and to compute their degrees of real exchange rate misalignment. The intra-area balance is assessed using the Cluster Analysis and the Principle Component Analysis; on this basis Greece and Ireland are selected as the two euro-area countries with ...

  1. Post-Keynesian alternative policies to curb macroeconomic imbalances in the Euro area

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    Hein Eckhard

    2015-01-01

    Full Text Available In this paper we outline alternative post-Keynesian policy recommendations addressing the problems of differential inflation, divergence in competitiveness and associated current account imbalances within the Euro area. We provide a basic framework in order to systematically address the related issues making use of Anthony P. Thirlwall’s (1979, 2002 model of a “balance-of-payments-constrained growth rate” (BPCGR. Based on this framework, we outline the required stance for alternative economic policies and then we discuss the implications for alternative monetary, wage/incomes and fiscal policies in the Euro area as a whole, as well as the consequences for structural and regional policies in the Euro area periphery, in particular.

  2. Cyclical convergence of Central and Eastern European countries to the Euro area core. New methodological approach

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    Ileana ALEXE

    2013-04-01

    Full Text Available The current paper develops an analysis on the degree of business cycle convergence of the new member states of the EU towards the Euro area core (Germany, France, Italy, Belgium, Netherlands and Luxembourg during 1996 – 2010.Unlike the previous research, the study takes into consideration the similarity of cycles, and not their synchronization. Furthermore, from the methodological point of view, it explores the use of survey indicators in the analysis of the cycles, thus in addition to the traditional approach that employs the GDP. The results obtained through clusterization show that the degree of convergence towards Euro area core remains modest.

  3. The impact of oil price increase on the Euro area's growth

    International Nuclear Information System (INIS)

    Jamet, Jean-Francois

    2008-01-01

    In a first part, the author of this article comments the increase of oil prices since 2002 and notices that the magnitude is similar to that noticed during the 1973 and 1979 oil-shocks. He outlines that several factors have limited the impact of the oil price increase in the Euro area, notably the Euro appreciation with respect to the dollar: the Euro appreciation has absorbed half of the oil price increase, the oil intensity of the European economy has decreased, a tax damping effect has been noticed, and more competitive markets limit the inflation risk. The author assesses the impact of oil price increase on the growth of the Euro zone since 2002: recessionary effect of oil price increase, an actual impact but limited by the appreciation of Euro. Perspectives for 2008 are discussed: predictable oil price evolution and its impact of growth in 2008, policy and action of the ECB (European Central Bank) in front of the impact of oil price increase on inflation and on activity

  4. THE IMPLEMENTATION OF SINGLE EURO PAYMENTS AREA IN ROMANIA AND THE EFFECTS ON EFFICIENCY

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    Mihaita-Cosmin POPOVICI

    2015-04-01

    Full Text Available Adoption of the single currency, euro, on 1 January 2002, in 12 countries, then in other seven states, represents a step towards closer economic and monetary integration in the European Union. The banking market remains fragmented after euro adoption and cross-border transactions in the single currency involves high costs and long periods of settlement and clearing. European Union response to this problem came in the form of the Single Euro Payments Area. The objective of the papers is to analyze the degree of implementation of SEPA in Romania and to investigate the impact on banking efficiency. The results showed low degree of implementation, especially on direct debit, but Romania hasmore time until October 31, 2016 to make the necessary changes. The consumers will benefit from a quicker settlement and clearing and at lower costs.

  5. On the impact of the global financial crisis on the euro area

    NARCIS (Netherlands)

    He, Xiaoli; Jacobs, Jan; Kuper, Gerard; Ligthart, Jenny

    2013-01-01

    This paper analyses the impact of the Global Financial Crisis on the Euro area utilizing a simple dynamic macroeconomic model with interaction between monetary policy and fiscal policy. The model consists of an IS curve, a Phillips curve, a term structure relation, a debt accumulation equation and a

  6. Is there a Core of Macroeconomics that Euro Area Forecasters Believe In?

    DEFF Research Database (Denmark)

    Stadtmann, Georg; Pierdzioch, Christian; Ruelke, Jan

    2012-01-01

    The quantity theory of money, Okun’s law, and the Phillips curve are cornerstones of macroeconomic theory. But are they also of practical relevance? Using survey data for the euro area, we found that professional economists’ forecasts are consistent with a version of the quantity theory in which...

  7. Transmission of government spending shocks in the Euro area: time variation and driving forces

    NARCIS (Netherlands)

    Kirchner, M.; Cimadomo, J.; Hauptmeier, S.

    2010-01-01

    This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying

  8. Transmission of government spending shocks in the Euro area: time variation and driving forces

    NARCIS (Netherlands)

    Kirchner, M.; Cimadomo, J.; Hauptmeier, S.

    This paper applies structural vector autoregressions with time-varying parameters in order to investigate changes in the effects of government spending shocks in the euro area, and the driving forces of those changes. Our contribution is two-fold. First, we present evidence that the short-run impact

  9. Will business cycles in the euro area converge? A critical survey of empirical research

    NARCIS (Netherlands)

    de Haan, J.; Inklaar, R.; Jong-A-Pin, R.

    This survey of business cycle synchronization in the European monetary union focuses on two issues: have business cycles become more similar, and which factors drive business cycle synchronization. We conclude that business cycles in the euro area have gone through periods of both convergence and

  10. Structural changes in the Czech, Slovak and euro area economies during the Great Recession

    Directory of Open Access Journals (Sweden)

    Tvrz Stanislav

    2016-12-01

    Full Text Available The goal of this paper is to identify and compare the most important changes in the structure of the Czech economy, as a small open economy with independent monetary policy, the Slovak economy, as a small open economy that entered monetary union, and the economy of the euro area, which has a common monetary policy, during the turbulent period of the Great Recession, the subsequent anaemic recovery and recent disinflationary period. Structural changes are identified with the help of nonlinear dynamic stochastic models of general equilibrium with time-varying parameters. The model parameters are estimated using Bayesian methods and a nonlinear particle filter. The results confirm the similarity of the Czech and Slovak economies and show that in certain respects the structure of the Czech economy might be closer to that of the euro area than that of Slovakia. The time-varying estimates reveal many similarities between the parameter changes in the Czech economy and those in the euro area. In Slovakia, the situation during the Great Recession was dominated by the country’s adoption of the euro, which caused large deviations in its Calvo parameters.

  11. Problems of Overcoming Market Failures in the Context of Economic Crisis in the Euro Area

    Directory of Open Access Journals (Sweden)

    Alexandra Y. Pluiko

    2014-01-01

    Full Text Available The article analyses the manifestations of a market failure problem revealed during the economic crisis in the euro area, namely business cycles, market inability to ensure money circulation and avoid inflation. It is shown that the cyclicity of economic development has revealed in various degrees of economic contraction and different rates of its recovery. These differences have been exacerbated by the new procyclical factors emerged from the transition to a single currency. As for money circulation the crisis has almost no impact on the single currency functioning: the euro has maintained its position on the world market and properly performed money functions in the domestic. The goal to achieve economic development without inflation in the euro area generally has been solved successfully by the European Central Bank (ECB. However, due to the fact that the ECB in its monetary policy does not pay sufficient attention to the increased inflation in small and relatively poor countries, the crisis has been more acute in them than in large countries with low inflation. The goals of ensuring money circulation and avoiding inflation can be settled more effectively in the euro area in case of more tight coherence in economic policy and strengthening of supranational mechanisms of economic governance.

  12. The Euro area sovereign debt crisis: safe haven, credit rating agencies and the spread of the fever from Greece, Ireland and Portugal

    OpenAIRE

    De Santis, Roberto A.

    2012-01-01

    Since the intensification of the crisis in September 2008, all euro area long-term government bond yields relative to the German Bund have been characterised by highly persistent processes with upward trends for countries with weaker fiscal fundamentals. Looking at the daily period 1 September 2008 - 4 August 2011, we find that three factors can explain the recorded developments in sovereign spreads: (i) an aggregate regional risk factor, (ii) the country-specific credit risk and (iii) the sp...

  13. How have inflation dynamics changed over time? Evidence from the euro area and USA

    OpenAIRE

    Oinonen, Sami; Paloviita, Maritta; Vilmi , Lauri

    2013-01-01

    This paper analyzes euro area and U.S. inflation dynamics since the beginning of the 1990s by estimating New Keynesian hybrid Phillips curves with time-varying parameters. We measure inflation expectations by subjective forecasts from Consensus Economics survey and so do not assume rational expectations. Both rolling regressions and state-space models are employed. The results indicate that in both economic areas the inflation dynamics have steadily become more forward-looking over time. We a...

  14. A Comparison of Business Cycles Synchronization in the Euro Area and Some Potential Monetary Unions

    Directory of Open Access Journals (Sweden)

    Stanislav Kappel

    2015-01-01

    Full Text Available Synchronization of business cycle is one of the main criteria for creation of a monetary union. With increasing synchronization of business cycle, a probability of occurrence of demand and supply shocks, which are asymmetric, decreases. The aim of this contribution is to evaluate synchronicity of business cycle in the euro area and some potential monetary unions. There are MERCOSUR (i.e. Argentina, Brazil, Paraguay, Uruguay and Venezuela, NAFTA (Canada, Mexico and the United States of America. For this aim, correlation analysis and two indexes of cyclical components of GDP are used. The cyclical components of GDP are obtained due to the Hodrick-Prescott filter. The results indicate a high degree of business cycles synchronization among states of the euro area (especially in countries of so called core of the euro area and states of NAFTA. In opposite, a lower degree of business cycles synchronization was reached among states of MERCOSUR. According to the criterion of business cycle synchronization, NAFTA is more appropriate candidate than MERCOSUR for creation monetary area.

  15. Rating agencies: role and influence of their sovereign credit risk assessment in the Euro area

    OpenAIRE

    Sibert, Anne

    2012-01-01

    Credit ratings have a huge impact on the access to and costs of funding, regardless whether the rated entity is a private enterprise or a sovereign borrower. Since the beginning of the financial crisis there has been a vivid and controversial debate about methods, timing and procedures used by these agencies. In this compilation of five notes provided by members of the Monetary Expert Panel the role of the rating agencies and their influence on the euro area is discussed in more detail.

  16. Some Stylized Facts on Non-Systematic Fiscal Policy in the Euro Area

    OpenAIRE

    Marcellino, Massimiliano

    2002-01-01

    We derive a set of stylized facts on the effects of non-systematic fiscal policy in the four largest countries of the Euro area, and discuss their implications for the fiscal policy coordination debate, for the effectiveness of fiscal shocks in stabilizing the economies, and for the interaction of fiscal and monetary policy. We find relevant differences across countries in the effects of non-systematic fiscal policy, and substantial uncertainty about the size of these effects, which casts dou...

  17. Government debt management in the euro area - recent theoretical developments and changes in practices

    OpenAIRE

    Guido Wolswijk; Jakob de Haan

    2005-01-01

    This paper reviews recent developments in the management of government debt in the euro area, covering both theoretical and practical aspects. It focuses on key aspects of debt management; the objectives of debt management, its organisation, the maturity of debt, inflation-indexation, currency-denomination, the ownership of debt, and debt issuing and trading practices. Main adjustments include an increase in autonomy of debt management agencies, and a convergence in debt maturities and in deb...

  18. Doomsday for the Euro Area: Causes, Variants and Consequences of Breakup

    Directory of Open Access Journals (Sweden)

    Ansgar Belke

    2012-07-01

    Full Text Available In this paper we describe the genesis of a doomsday scenario and discuss potential causes and motivations for a breakup of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the impact of the reintroduction of a national currency on domestic debt, the domestic banking sector, EU membership and the freedom of trade. We also briefly analyze the social and political costs of the accompanying social disorder.

  19. Incorporating creditors' seniority into contingent claim models: Applicarion to peripheral euro area countries

    OpenAIRE

    Gómez-Puig, Marta; Singh, Manish Kumar; Sosvilla Rivero, Simón, 1961-

    2018-01-01

    This paper highlights the role of multilateral creditors (i.e., the ECB, IMF, ESM etc.) and their preferred creditor status in explaining the sovereign default risk of peripheral euro area (EA) countries. Incorporating lessons from sovereign debt crises in general, and from the Greek debt restructuring in particular, we define the priority structure of sovereigns' creditors that is most relevant for peripheral EA countries in severe crisis episodes. This new priority structure of creditors, t...

  20. Analysis of Structural Differences and Asymmetry of Shocks Between the Czech Economy and the Euro Area

    Directory of Open Access Journals (Sweden)

    Martin Slanicay

    2016-03-01

    Full Text Available The goal of this paper is to examine asymmetry of shocks and structural differences between the Czech economy and the euro area. For this purpose I use a New Keynesian DSGE model of two economies. Structural differences are examined using the posterior distributions of structural parameters. Results suggest that prices are more sticky in the Czech economy, especially in the non-tradable sector, while wages are more sticky in the euro area. It seems that the ECB smooths less the interest rate and reacts more to the development in output and inflation than the Czech National Bank. It also seems that labor supply in the Czech economy is more elastic than labor supply in the euro area. Asymmetry of shocks is examined using correlations between smoothed shocks obtained from the estimation. The most asymmetric shocks are shocks in government expenditures, labor supply shocks, and productivity shocks in the tradable sector, while the most symmetric shocks are consumption preference shocks, monetary policy shocks, and investment efficiency shocks.

  1. The (in)stability of money demand in the Euro Area: Lessons from a cross-country analysis

    OpenAIRE

    Nautz, Dieter; Rondorf, Ulrike

    2010-01-01

    The instability of standard money demand functions has undermined the role of monetary aggregates for monetary policy analysis in the euro area. This paper uses country-specific monetary aggregates to shed more light on the economics behind the instability of euro area money demand. Our results obtained from panel estimation indicate that the observed instability of standard money demand functions could be explained by omitted variables like e.g. technological progress that are important for ...

  2. THE STRUCTURAL DEFICIT – A NEW MEASURE FOR FISCAL DISCIPLINE IN THE EURO AREA

    Directory of Open Access Journals (Sweden)

    Cristina PUIU

    2013-12-01

    Full Text Available The aim of this paper is to assess the importance of the new limit for the government deficit in order to improve fiscal discipline in the Economic and Monetary Union in Europe. Since the introduction of the single currency there have been debates regarding the lack of fiscal integration. The monetary integration process triggered the centralization of monetary policies while the fiscal policies remained at national level. Although the member states of the euro area were subject to restrictions imposed by the Stability and Growth Pact in order to provide an assurance against asymmetric shocks, the recent financial crisis revealed high levels of public deficits. Thus, the measures were not enough to establish an environment of fiscal discipline in the currency area and the currency area proved to be suboptimal. Therefore, new limits were imposed through the Treaty of Stability, Coordination and Governance in the Economic and Monetary Union. This study will provide a clear understanding of the concept of structural deficit, measures used to quantify it and the shortcomings of this indicator. Furthermore, it will show that, despite the limits of the indicator, it represents an improvement in achieving stability in the euro area.

  3. An alternative method for identifying booms and busts in the euro area housing market

    OpenAIRE

    Gerdesmeier, Dieter; Roffia, Barbara; Lenarcic, Andreja

    2012-01-01

    The main aim of this paper is to apply a method based on fundamentals ─ which has already been applied in the stock market analysis ─ to detect boom/bust in the housing market, with a focus on the euro area. In this context, an underlying model is developed and tested. It turns out that the user cost rate, a demographic variable, the unemployment rate, disposable income (or disposable income per capita), the debt-to-income ratio and, finally, the housing stock are fundamental variables which ...

  4. Governance, Institutional Quality and the Euro Area Crisis: What Lessons to East Asian Integration?

    Directory of Open Access Journals (Sweden)

    Seung-Gwan Baek

    2013-12-01

    Full Text Available We find that institutional quality of an individual country was highly and significantly correlated with its economic performance in the euro area. We argue that governance reforms proposed at present do not suffice to resolving the fundamental problems of the EMU governance system unless disparities of institutional quality in member states are dissolved. Regarding regional integration, East Asia is far behind the Eurozone not only in institutional elements of the governance system but also in institutional quality at the level of individual nations.

  5. The Macroeconomic Outlook and the Impact of the Global Crisis in the Euro Area

    Directory of Open Access Journals (Sweden)

    Mioara CHIRITA

    2010-08-01

    Full Text Available This paper provides general analysis and evolution of macroeconomic and financial indicators in the euro area, during the recent crisis 2008-2009. The financial market turmoil that began in 2007 led to a severe global economic downturn. The causes of the crisis, the effects on global financial markets, and the spillover to the economy are permanently examined by the analysts, but the final conclusions are not clear yet. The conclusion of this paper is that the global activity is recovering at varying speeds in some countries, tepidly in many of the advanced economies but solidly in most emerging and developing economies.

  6. On equilibrium real exchange rates in euro area: Special focus on behavioral equilibrium exchange rates in Ireland and Greece

    Directory of Open Access Journals (Sweden)

    Klára Plecitá

    2012-01-01

    Full Text Available This paper focuses on the intra-euro-area imbalances. Therefore the first aim of this paper is to identify euro-area countries exhibiting macroeconomic imbalances. The subsequent aim is to estimate equilibrium real exchange rates for these countries and to compute their degrees of real exchange rate misalignment. The intra-area balance is assessed using the Cluster Analysis and the Principle Component Analysis; on this basis Greece and Ireland are selected as the two euro-area countries with largest imbalances in 2010. Further the medium-run equilibrium exchange rates for Greece and Ireland are estimated applying the Behavioral Equilibrium Exchange Rate (BEER approach popularised by Clark and MacDonald (1998. In addition, the long-run equilibrium exchange rates are estimated using the Permanent Equilibrium Exchange Rate (PEER model. Employing the BEER and PEER approaches on quarterly time series of real effective exchange rates (REER from 1997: Q1 to 2010: Q4 we identify an undervaluation of the Greek and Irish REER around their entrance to the euro area. For the rest of the period analysed their REER is broadly in line with estimated BEER and PEER levels.

  7. Measuring Financial Cycles in a Model-Based Analysis: Empirical Evidence for the United States and the Euro Area

    NARCIS (Netherlands)

    Galati, E.B.G.; Hindrayanto, A.I.W.; Koopman, S.J.; Vlekke, M.

    2016-01-01

    We adopt an unobserved components time series model to extract financial cycles for the United States and the five largest euro area countries over the period 1970-2014. We find that financial cycles can parsimoniously be estimated by house prices and total credit or the credit-to-GDP ratio. We show

  8. Shareholding relationships in the Euro Area banking market: A network perspective

    Science.gov (United States)

    Pecora, Nicolò; Spelta, Alessandro

    2015-09-01

    In this paper we analyze the topological properties of the network of the Euro Area banking market network, with the primary aim of assessing the importance of a bank in the financial system with respect to ownership and control of other credit institutions. The network displays power law distributions in both binary and weighted degree metrics indicating a robust yet fragile structure and a direct link between an increase of control diversification and a rise in the market power. Therefore while in good time the network is seemingly robust, in bad times many banks can simultaneously go into distress. This behavior paves the way for Central bank's actions. In particular we investigate whether the Single Supervisory Mechanism introduced by the European Central Banks and based on banks' total asset is a good proxy to quantify their systemic importance. Results indicate that not all the financial institutions with high valued total assets are systemically important but only few of them. Moreover the network structure reveals that control is highly concentrated, with few important shareholders approximately controlling a separate subset of banks.

  9. The impact of exchange rate EUR/USD on the rate of return of bond investments denominated in US dollar from the point of view of euro investor

    Directory of Open Access Journals (Sweden)

    Oldřich Šoba

    2009-01-01

    Full Text Available Investment opportunities into foreign curruncies financial assets are rising because of financial markets globalization, financial markets integration and evolution of modern information technologies. The currency risk relates to these cases when investor converts cash from and into domestic currency. The currency risk is determined by unexcepeted change of exchange rate (currency of financial asset denomination / investor’s domestic currency during duration of the investment.Objective of the paper is quantification and analysis of exchange rate EUR/USD impact on the rate of return of bond investments denominated in US dollar from the point of view of a euro investor for investment horizons of different length.The analysis is realized for following investment horizons: 1 year, 2 years, 3 years, 5 years, 7 years, 10 year and 12 year. Complementary investment horizons are: month and 15 year. Bond investments denominated just US dollar are represented by investments into ING bond unit trust in period December 1989–December 2007. The unit trust invests into bonds with high rating (for example governmants bonds etc.. These bonds are denominated in USD only. Methodology of the analysis is based on quantification of proportion of exchange rate EUR/USD impact on the rate of return of bond investment denominated in USD. The share is based on basic piece of knowledge of the uncovered interest rate parity.

  10. Is the Region of Visegrad Countries on the Track to the Euro Area? Recent Evidence from the Real Convergence Perspective

    Directory of Open Access Journals (Sweden)

    Daniel Stavárek

    2014-09-01

    Full Text Available After enlargement of the European Union and subsequently joining of a new member states to the euro area, the question of economic convergence attracted considerable research interest. This paper adopts three alternative concepts to examine the level and trend of convergence in the Visegrad countries (Czech Republic, Hungary, Poland, Slovakia. We concurrently estimate the β-convergence, σ-convergence and business cycle synchronization to find out whether all countries are on the way towards higher convergence with the euro area. The results suggest that convergence of all countries has been increasing. However, the recent acceleration of the convergence process is caused mainly by external shocks in the form of the financial crisis and following economic slowdowns. Hence, the current level of convergence in the Visegrad countries cannot be considered as fully adequate.

  11. The impact of financial position on investment: an analysis for non-financial corporations in the euro area

    OpenAIRE

    Carmen Martínez-Carrascal; Annalisa Ferrando

    2008-01-01

    This paper analyses the impact that firms financial position has on investment decisions using panel data from a large sample of non-financial corporations(around 120,000 firms) in six euro area countries(Belgium, Germany, France, Italy, the Netherlands and Spain). The results indicate that financial position is important to explain capital expenditures, as financial pressure appears relevant in explaining investment dynamics when it is proxied by cash flow, indebtedness and debt burden. The ...

  12. Reconstructing vegetation past: Pre-Euro-American vegetation for the midwest driftless area, USA

    Science.gov (United States)

    Monika E. Shea; Lisa A. Schulte; Brian J. Palik

    2014-01-01

    Historical reference conditions provide important context for creating ecological restoration and management plans. The U.S. 19th Century Public Land Survey (PLS) records provide extensive ecological information for constructing such reference conditions. We used PLS records to reconstruct pre-Euro-American tree species cover class and vegetation structure types for...

  13. Empirical Studies on Asset Pricing and Banking in the Euro Area

    NARCIS (Netherlands)

    G.A. Moerman (Gerard)

    2005-01-01

    textabstractEuropean capital markets have changed dramatically over the last couple of years. Due to the harmonization of monetary and policy rules and the elimination of exchange rate risk (through the introduction of the euro) countries in the European Monetary Union (EMU) are becoming more

  14. Is There a Need for a New Fiscal Framework in the Euro Area?

    DEFF Research Database (Denmark)

    Hallett, Andrew Hughes; Hougaard Jensen, Svend E.

    The rules stipulated by the Stability and Growth Pact have proved impossible to enforce. However, to avoid unsustainable fiscal policies reappearing, and to prevent monetary policy from being undermined by self-interested governments, there is still a need for a fiscal framework within the Euro...

  15. The demand for euros

    NARCIS (Netherlands)

    Arnold, I.J.M.; Roelands, S.

    2010-01-01

    This paper investigates the demand for euros using panel data for 10 euro area countries covering the period from 1999 to 2008. Monetary aggregates are constructed to ensure that money is a national concept by excluding deposits owned by non-residents and including external deposits owned by

  16. The Question of Instability, Uncompetitiveness and Growth Slowdown of Small Middle –Income Countries in the Euro Area

    Directory of Open Access Journals (Sweden)

    Marjan Senjur

    2013-12-01

    Full Text Available The thesis of this article is that a small country with a below-average per capita income is in a disadvantaged macroeconomic position inside the euro area. Small middle-income countries expected an acceleration of growth by joining the EMU. They were hoping to catch up in the convergence process within the euro area. Yet things turned out differently. The crisis in 2009–2012 has led to excessive instability due to exogenous macroeconomic prices and the lack of a lender of last resort for sovereign debtors. Small MICs are more vulnerable to asymmetric shocks from abroad due to the ‘one-size-fits-all’ economic policy at the EMU level. This is reflected in the excessive volatility of real economic variables (such as GDP and unemployment, and excessive financial instability (such as indebtedness and sovereign debt. The crisis also revealed weak price competitiveness of exports due to overvalued exchange rate of the euro and overall under-average productivity of the MICs. MICs had to respond with deflationary internal (surrogate devaluations and depressed aggregate demand. Measures of internal surrogate devaluations may partially improve situation in the medium term, yet they may worsen the competitive growth situation in the long run. A macroeconomic environment of macroeconomic instability and weak competitiveness may trigger a slowdown in growth.

  17. Research on the Nominal Convergence of Romania to the Euro Area

    Directory of Open Access Journals (Sweden)

    Diana Bărglăzan

    2008-10-01

    Full Text Available All the European Union (EU member states engaged to adopt, sooner or later, the euro. In order to do so, they must accomplish the convergence criteria concerning the inflation rate, the exchange rate, the interest rate, the public deficit and the public debt. The paper analyses the situation of Romania, based on the convergence criteria. Romania accomplishes only the criteria referring to public finances, while inflation still seems to be the worst problem.

  18. Wirtschaftliche Hindernisse für den Beitritt der Tschechischen Republik zur Eurozone. Economic barriers of the Czech Republic’s euro-area accession

    Directory of Open Access Journals (Sweden)

    Mojmir Helisek

    2012-01-01

    Full Text Available The date of introduction of the euro in the Czech Republic has not been set. The Czech economy fulfils the inflation and interest rate convergence criteria, as well as the government debt criterion. The exchange rate stability criterion will be most likely fulfilled. The Czech economy possesses a high level of real convergence in respect of the euro area. Due to the economic recession, the government deficit criterion will probably not be fulfilled by 2012. The date of introduction of the euro in the Czech Republic is therefore postponed to 2015 at the earliest. The main reason for adopting the single currency is the growing interconnection between the Czech and the euro area economies. The exchange rate of the Czech crown to the euro has a higher stability than the exchange rate of the euro to the dollar, however, a long-term appreciation of the crown’s exchange rate weakens the competitiveness of the Czech exporters. The financial crisis and the recession have only complicated and postponed the adoption of the euro, but they have revealed no reasons to refuse the adoption.

  19. Defining the urban area for cross national comparison of health indicators: the EURO-URHIS 2 boundary study.

    Science.gov (United States)

    Higgerson, James; Birt, Christopher A; van Ameijden, Erik; Verma, Arpana

    2017-05-01

    Despite much research focusing on the impact of the city condition upon health, there still remains a lack of consensus over what constitutes an urban area (UA). This study was conducted to establish comparable boundaries for the UAs participating in EURO-URHIS 2, and to test whether the sample reflected the heterogeneity of urban living. Key UA contacts ( n = 28) completed a cross-sectional questionnaire, which included where available comparison between Urban Audit city and larger urban zone (LUZ) boundaries and public health administration areas (PHAAs). Additionally, broad health and demographic indicators were sought to test for heterogeneity of the EURO-URHIS 2 sample. Urban Audit city boundaries were found to be suitable for data collection in 100% ( n = 21) of UAs where Urban Audit data were available. The remainder ( n = 7) identified PHAA boundaries akin to the 'city' level. Heterogeneity was observed in the sample for population size and infant mortality rate. Heterogeneity could not be established for male and female life expectancy. This study was able to establish comparable boundaries for EURO-URHIS 2 data collection, with the 'city' area being selected for data collection. The homogeneity of life expectancy indicators was reflective of sub-regional similarities in life expectancy, whilst population estimates and rates of infant mortality indicated the presence of heterogeneity within the sample. Future work would trial these methods with a larger number of indicators and for a larger number of UAs. © The Author 2015. Published by Oxford University Press on behalf of the European Public Health Association. All rights reserved.

  20. EURO HAWK Project Overview

    National Research Council Canada - National Science Library

    2003-01-01

    Briefing charts from presentation on a EURO HAWK project overview; an airborne system with stand-off capability for wide-area intelligence, surveillance and reconnaissance meeting European NATO countries' ISR requirements...

  1. Space and time variability of heating requirements for greenhouse tomato production in the Euro-Mediterranean area.

    Science.gov (United States)

    Mariani, Luigi; Cola, Gabriele; Bulgari, Roberta; Ferrante, Antonio; Martinetti, Livia

    2016-08-15

    The Euro-Mediterranean area is the seat of a relevant greenhouse activity, meeting the needs of important markets. A quantitative assessment of greenhouse energy consumption and of its variability in space and time is an important decision support tool for both greenhouse-sector policies and farmers. A mathematical model of greenhouse energy balance was developed and parameterized for a state-of-the-art greenhouse to evaluate the heating requirements for vegetables growing. Tomato was adopted as reference crop, due to its high energy requirement for fruit setting and ripening and its economic relevance. In order to gain a proper description of the Euro-Mediterranean area, 56 greenhouse areas located within the ranges 28°N-72°N and 11°W-55°E were analyzed over the period 1973-2014. Moreover, the two 1973-1987 and 1988-2014 sub-periods were separately studied to describe climate change effects on energy consumption. Results account for the spatial variability of energy needs for tomato growing, highlighting the strong influence of latitude on the magnitude of heat requirements. The comparison between the two selected sub-periods shows a decrease of energy demand in the current warm phase, more relevant for high latitudes. Finally, suggestions to reduce energy consumptions are provided. Copyright © 2016 Elsevier B.V. All rights reserved.

  2. Note: Anodic bonding with cooling of heat-sensitive areas

    DEFF Research Database (Denmark)

    Vesborg, Peter Christian Kjærgaard; Olsen, Jakob Lind; Henriksen, Toke Riishøj

    2010-01-01

    Anodic bonding of silicon to glass always involves heating the glass and device to high temperatures so that cations become mobile in the electric field. We present a simple way of bonding thin silicon samples to borosilicate glass by means of heating from the glass side while locally cooling hea......-sensitive areas from the silicon side. Despite the high thermal conductivity of silicon, this method allows a strong anodic bond to form just millimeters away from areas essentially at room temperature....

  3. The European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP)--a sentinel approach in the European Union (EU)/European Economic Area (EEA).

    Science.gov (United States)

    Spiteri, Gianfranco; Cole, Michelle; Unemo, Magnus; Hoffmann, Steen; Ison, Catherine; van de Laar, Marita

    2013-12-01

    Antimicrobial resistance in Neisseria gonorrhoeae is monitored in the European Union/European Economic Area through the European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP) coordinated by the European Centre for Disease Prevention and Control. Euro-GASP includes a sentinel surveillance programme which aims to detect in a timely manner changes in resistance patterns and inform treatment guidelines. The programme aims to test a representative number of isolates from each European Union/European Economic Area member state per year for a range of therapeutically relevant antimicrobials through a biannual hybrid centralised/decentralised system. Testing is supported by an External Quality Assurance programme and a laboratory training programme. Participation in the programme has increased to 21 countries in 2012. Euro-GASP has been able to detect the rapid spread of isolates with decreased susceptibility to cefixime across Europe in 2010 and 2011. Results from the programme have informed changes in European treatment guidelines for gonorrhoea and led to the development of the 'Response plan to control and manage the threat of multidrug resistant gonorrhoea in Europe'. Future challenges for Euro-GASP include supporting countries to participate in Euro-GASP through decentralised testing, improving timeliness and epidemiological data quality, and increasing participation from Eastern Europe.

  4. Fiscal policy and rebalancing in the euro area: A critique of the German debt brake from a post-Keynesian perspective

    Directory of Open Access Journals (Sweden)

    Hein Eckhard

    2014-01-01

    Full Text Available The German debt brake is often regarded as a great success story and has therefore served as a role model for the Euro area and it’s Fiscal Compact. In this paper we fundamentally criticise the debt brake. Firstly, we show that it suffers from serious shortcomings and that its success is far from certain even from a mainstream point of view. Secondly, we show that, from a Post-Keynesian perspective, the debt brake completely neglects the requirements for fiscal policies of member countries in a currency union like the Euro area. It will prevent fiscal policy from contributing to the necessary rebalancing in the Euro area. Thirdly, we show that alternative scenarios, which could avoid the deflationary pressures of the German Debt Brake on domestic demand and contribute to internally rebalancing the Euro area, are extremely unlikely as they would have to rely on unrealistic shifts in the functional income distribution and/or investment and savings behaviour in Germany.

  5. Health status in Europe: comparison of 24 urban areas to the corresponding 10 countries (EURO-URHIS 2).

    Science.gov (United States)

    Koster, E M; de Gelder, R; Di Nardo, F; Williams, G; Harrison, A; van Buren, L P; Lyshol, H; Patterson, L; Birt, C A; Higgerson, J; Achterberg, P W; Verma, A; van Ameijden, E J C

    2017-05-01

    : In Europe, over 70% of the population live in urban areas (UAs). Most international comparative health research is done using national level data, as reliable and comparable urban data are often unavailable or difficult to access. This study aims to investigate whether population health is different in UAs compared with their corresponding countries. : Routinely available health-related data were collected by the EURO-URHIS 2 project, for 10 European countries and for 24 UAs within those countries. National and UA level data for 11 health indicators were compared through the calculation of relative difference, and geographical patterns within Europe were investigated using the Mann Whitney U test. Linear regression modelling was used to adjust for population density, gross domestic product and urbanicity. : In general, the urban population in Eastern Europe is less healthy than the Western European urban population. However, people in Eastern Europe have significantly better broad health outcomes in UAs as compared with the corresponding country as a whole, whereas people in Western Europe have generally worse broader health outcomes in UAs. : For most European countries and UAs that were investigated, the national level health status data does not correspond with the health status at UA level. In order to identify health problems in UAs and to provide information for local health policy, health monitoring and international benchmarking should also be conducted at the local level. © The Author 2017. Published by Oxford University Press on behalf of the European Public Health Association. All rights reserved.

  6. Collecting standardized urban health indicator data at an individual level for school-aged children living in urban areas: methods from EURO-URHIS 2.

    Science.gov (United States)

    Pope, D; Katreniak, Z; Guha, J; Puzzolo, E; Higgerson, J; Steels, S; Woode-Owusu, M; Bruce, N; Birt, Christopher A; Ameijden, E van; Verma, A

    2017-05-01

    Measuring health and its determinants in urban populations is essential to effectively develop public health policies maximizing health gain within this context. Adolescents are important in this regard given the origins of leading causes of morbidity and mortality develop pre-adulthood. Comprehensive, accurate and comparable information on adolescent urban health indicators from heterogeneous urban contexts is an important challenge. EURO-URHIS 2 aimed to develop standardized tools and methodologies collecting data from adolescents across heterogenous European urban contexts. Questionnaires were developed including (i) comprehensive assessment of urban health indicators from 7 pre-defined domains, (ii) use of previously validated questions from a literature review and other European surveys, (iii) translation/back-translation into European languages and (iv) piloting. Urban area-specific data collection methodologies were established through literature review, consultation and piloting. School-based surveys of 14-16-year olds (400-800 per urban area) were conducted in 13 European countries (33 urban areas). Participation rates were high (80-100%) for students from schools taking part in the surveys from all urban areas, and data quality was generally good (low rates of missing/spoiled data). Overall, 13 850 questionnaires were collected, coded and entered for EURO-URHIS 2. Dissemination included production of urban area health profiles (allowing benchmarking for a number of important public health indicators in young people) and use of visualization tools as part of the EURO-URHIS 2 project. EURO-URHIS 2 has developed standardized survey tools and methodologies for assessing key measures of health and its determinants in adolescents from heterogenous urban contexts and demonstrated the utility of this data to public health practitioners and policy makers. © The Author 2015. Published by Oxford University Press on behalf of the European Public Health Association

  7. Hydrological assessment of atmospheric forcing uncertainty in the Euro-Mediterranean area using a land surface model

    Science.gov (United States)

    Gelati, Emiliano; Decharme, Bertrand; Calvet, Jean-Christophe; Minvielle, Marie; Polcher, Jan; Fairbairn, David; Weedon, Graham P.

    2018-04-01

    Physically consistent descriptions of land surface hydrology are crucial for planning human activities that involve freshwater resources, especially in light of the expected climate change scenarios. We assess how atmospheric forcing data uncertainties affect land surface model (LSM) simulations by means of an extensive evaluation exercise using a number of state-of-the-art remote sensing and station-based datasets. For this purpose, we use the CO2-responsive ISBA-A-gs LSM coupled with the CNRM version of the Total Runoff Integrated Pathways (CTRIP) river routing model. We perform multi-forcing simulations over the Euro-Mediterranean area (25-75.5° N, 11.5° W-62.5° E, at 0.5° resolution) from 1979 to 2012. The model is forced using four atmospheric datasets. Three of them are based on the ERA-Interim reanalysis (ERA-I). The fourth dataset is independent from ERA-Interim: PGF, developed at Princeton University. The hydrological impacts of atmospheric forcing uncertainties are assessed by comparing simulated surface soil moisture (SSM), leaf area index (LAI) and river discharge against observation-based datasets: SSM from the European Space Agency's Water Cycle Multi-mission Observation Strategy and Climate Change Initiative projects (ESA-CCI), LAI of the Global Inventory Modeling and Mapping Studies (GIMMS), and Global Runoff Data Centre (GRDC) river discharge. The atmospheric forcing data are also compared to reference datasets. Precipitation is the most uncertain forcing variable across datasets, while the most consistent are air temperature and SW and LW radiation. At the monthly timescale, SSM and LAI simulations are relatively insensitive to forcing uncertainties. Some discrepancies with ESA-CCI appear to be forcing-independent and may be due to different assumptions underlying the LSM and the remote sensing retrieval algorithm. All simulations overestimate average summer and early-autumn LAI. Forcing uncertainty impacts on simulated river discharge are

  8. Is Intra-Industry Trade Specialization a Precondition to Business Cycle Synchronization When Joining the Euro Area? The Case of Poland

    Directory of Open Access Journals (Sweden)

    Kawecka-Wyrzykowska Elżbieta

    2017-12-01

    Full Text Available The first objective of this paper is to present theoretical approaches to the impact of trade growth (induced by monetary integration on business cycle synchronization which is an important factor of a country’s readiness for a currency union accession. The main conclusion from the first part of the analysis is that business cycle convergence and the cost of the lack of an autonomous monetary policy depend on intra-industry trade (IIT intensity rather than on general trade growth. The second objective is to assess - using the IIT index as a measure of business cycle synchronization (and of susceptibility to asymmetric shocks transmitted mostly through trade channels - preparedness of the Polish economy to the euro adoption. Calculations reveal that the IIT intensity in Poland is already relatively high (in particular in relations with the euro area members and continues to rise. This confirms the increasing complementarity of Poland’s economy with the economic structures of the euro area partners which reduces the probability of asymmetric shocks.

  9. Relationship between surface area for adhesion and tensile bond strength--evaluation of a micro-tensile bond test.

    Science.gov (United States)

    Sano, H; Shono, T; Sonoda, H; Takatsu, T; Ciucchi, B; Carvalho, R; Pashley, D H

    1994-07-01

    The purpose of this study was to test the null hypothesis that there is no relationship between the bonded surface area of dentin and the tensile strength of adhesive materials. The enamel was removed from the occlusal surface of extracted human third molars, and the entire flat surface was covered with resin composite bonded to the dentin to form a flat resin composite crown. Twenty-four hours later, the bonded specimens were sectioned parallel to the long axis of the tooth into 10-20 thin sections whose upper part was composed of resin composite with the lower half being dentin. These small sections were trimmed using a high speed diamond bur into an hourglass shape with the narrowest portion at the bonded interface. Surface area was varied by altering the specimen thickness and width. Tensile bond strength was measured using custom-made grips in a universal testing machine. Tensile bond strength was inversely related to bonded surface area. At surface areas below 0.4 mm2, the tensile bond strengths were about 55 MPa for Clearfil Liner Bond 2 (Kuraray Co., Ltd.), 38 MPa for Scotchbond MP (3M Dental Products), and 20 MPa for Vitremer (3M Dental Products). At these small surface areas all of the bond failures were adhesive in nature. This new method permits measurement of high bond strengths without cohesive failure of dentin. It also permits multiple measurements to be made within a single tooth.

  10. Boarding the Euro Plane : Euro Adoption in the Czech Republic and Slovakia

    NARCIS (Netherlands)

    Dandashly, Assem; Verdun, Amy

    2015-01-01

    What explains euro adoption strategies in the Czech Republic and Slovakia? How have each of these two countries performed under the regime they joined (Czech Republic: flexible exchange rates; Slovakia: in the euro area)? How has that experience affected Czech and Slovak policies towards euro

  11. The Net Stable Funding Ratio and banks� participation in monetary policy operations: some evidence for the euro area

    OpenAIRE

    Antonio Scalia; Sergio Longoni; Tiziana Rosolin

    2013-01-01

    Based on a review of the analytical underpinnings of the effects of the NSFR on banks� choices, this paper attempts to relate banks� strategies to developments in the value of the ratio in the euro area. In spite of a not-so-near implementation date, the evidence is that the NSFR already matters for banks� choices, and it might be more relevant as a decision variable than alternative leverage indicators. As part of a convergence process towards the 100 per cent threshold, we estimate th...

  12. Risk of Zika virus transmission in the Euro-Mediterranean area and the added value of building preparedness to arboviral threats from a One Health perspective.

    Science.gov (United States)

    Escadafal, Camille; Gaayeb, Lobna; Riccardo, Flavia; Pérez-Ramírez, Elisa; Picard, Marie; Dente, Maria Grazia; Fernández-Pinero, Jovita; Manuguerra, Jean-Claude; Jiménez-Clavero, Miguel-Ángel; Declich, Silvia; Victoir, Kathleen; Robert, Vincent

    2016-12-03

    In the alarming context of risk of Zika virus (ZIKV) transmission in the Euro-Mediterranean area, there is a need to examine whether capacities to detect, diagnose and notify ZIKV infections in the region are in place and whether ongoing capacity-building initiatives are filling existing gaps.The MediLabSecure network, created in 2014, comprises 55 laboratories of virology and medical entomology and 19 public health institutions in 19 countries in the Balkans, North-Africa, the Middle-East and the Black Sea regions. It aims to set up awareness, risk assessment, monitoring and control of emerging and re-emerging vector-borne viruses. We here examine the actions and strategies that MediLabSecure has been implementing and how they will contribute to the prevention and control of the ZIKV threat in the Euro-Mediterranean area.Capacity-building for arbovirus diagnostics is a major objective of the project and follows a methodological rather than disease-driven approach. This enables the implementation of laboratory trainings on techniques that are common to several arboviruses, including ZIKV, and putting into action appropriate diagnostic tools in the target region.Moreover, by its One Health approach and the interaction of its four sub-networks in human virology, animal virology, medical entomology and public health, MediLabSecure is fostering intersectoral collaboration, expertise and sharing of information. The resulting exchanges (methodological, communication and operational) across disciplines and across countries, dedicated research on intersectoral collaboration and increasing diagnostic capacities are providing new paths and tools to public health professionals to face emerging viral threats such as a ZIKV epidemic in the Euro-Mediterranean region.

  13. Risk of Zika virus transmission in the Euro-Mediterranean area and the added value of building preparedness to arboviral threats from a One Health perspective

    Directory of Open Access Journals (Sweden)

    Camille Escadafal

    2016-12-01

    Full Text Available Abstract In the alarming context of risk of Zika virus (ZIKV transmission in the Euro-Mediterranean area, there is a need to examine whether capacities to detect, diagnose and notify ZIKV infections in the region are in place and whether ongoing capacity-building initiatives are filling existing gaps. The MediLabSecure network, created in 2014, comprises 55 laboratories of virology and medical entomology and 19 public health institutions in 19 countries in the Balkans, North-Africa, the Middle-East and the Black Sea regions. It aims to set up awareness, risk assessment, monitoring and control of emerging and re-emerging vector-borne viruses. We here examine the actions and strategies that MediLabSecure has been implementing and how they will contribute to the prevention and control of the ZIKV threat in the Euro-Mediterranean area. Capacity-building for arbovirus diagnostics is a major objective of the project and follows a methodological rather than disease-driven approach. This enables the implementation of laboratory trainings on techniques that are common to several arboviruses, including ZIKV, and putting into action appropriate diagnostic tools in the target region. Moreover, by its One Health approach and the interaction of its four sub-networks in human virology, animal virology, medical entomology and public health, MediLabSecure is fostering intersectoral collaboration, expertise and sharing of information. The resulting exchanges (methodological, communication and operational across disciplines and across countries, dedicated research on intersectoral collaboration and increasing diagnostic capacities are providing new paths and tools to public health professionals to face emerging viral threats such as a ZIKV epidemic in the Euro-Mediterranean region.

  14. A critical Examination of the Phenomenon of Bonding Area - Bonding Strength Interplay in Powder Tableting.

    Science.gov (United States)

    Osei-Yeboah, Frederick; Chang, Shao-Yu; Sun, Changquan Calvin

    2016-05-01

    Although the bonding area (BA) and bonding strength (BS) interplay is used to explain complex tableting behaviors, it has never been experimentally proven. The purpose of this study is to unambiguously establish the distinct contributions of each by decoupling the contributions from BA and BS. To modulate BA, a Soluplus® powder was compressed into tablets at different temperatures and then broken following equilibration at 25°C. To modulate BS, tablets were equilibrated at different temperatures. To simultaneously modulate BA and BS, both powder compression and tablet breaking test were carried out at different temperatures. Lower tablet tensile strength is observed when the powder is compressed at a lower temperature but broken at 25°C. This is consistent with the increased resistance to polymer deformation at lower temperatures. When equilibrated at different temperatures, the tensile strength of tablets prepared under identical conditions increases with decreasing storage temperature, indicating that BS is higher at a lower temperature. When powder compression and tablet breaking are carried out at the same temperature, the profile with a maximum tensile strength at 4°C is observed due to the BA-BS interplay. By systematically varying temperature during tablet compression and breaking, we have experimentally demonstrated the phenomenon of BA-BS interplay in tableting.

  15. The Accuracy of Forecasts Made for the Structure of Consumer Basket: A Comparative Analysis between Euro Area and Romania || La exactitud de las predicciones para la estructura de cesta del consumo: un análisis comparativo entre la zona euro y Rumanía

    Directory of Open Access Journals (Sweden)

    Bratu (Simionescu, Mihaela

    2013-01-01

    Full Text Available In this study, the Markov chain method was used to predict the structure of consumer basket for euro zone and Romania, a country that tries to fulfil the entrance conditions in euro area, by using the same methodology for the determination of harmonized index of consumer prices (HICP. The ex-post assessment of forecasts for 2010-2012 evidences the superiority of forecasts accuracy for euro area based on this method. The highest degree of accuracy in each territorial unit is registered for services weights, according to U Theil's statistic, even if the absolute indicators for accuracy are lower for other weights predictions. It is anticipated that for 2013 the Markov chain method will predict the best for each consumer basket the food weights forecasts for euro area and the services weights predictions for Romania. || En este estudio se aplica el método de las cadenas de Markov para predecir la estructura de la cesta de consumo para la zona euro y para Rumanía, un país que trata de cumplir las condiciones de entrada en la zona euro. En ambos casos, se sigue la misma metodología para la determinación del índice armonizado de precios al consumo (IPCA. La evaluación ex-post de las previsiones para el período 2010-2012 pone de manifiesto la mejora de la precisión de las previsiones para la zona euro al usar este método. El mayor grado de precisión en cada unidad territorial se ha registrado para los pesos de los servicios, de acuerdo con el estadístico U de Theil, aunque los indicadores absolutos de precisión son más bajos para otras predicciones de pesos. Se considera que las predicciones para el año 2013 por el método de las cadenas de Markov serán más precisas para cada cesta de consumo en las previsiones de los pesos para los alimentos para la zona euro y para las de los pesos de los servicios para Rumanía.

  16. A Cross-Country Empirical Study Towards the Impact of Following ISO Management System Standards on Euro-Area Economic Confidence

    Directory of Open Access Journals (Sweden)

    Ştefan Daniel Armeanu

    2017-02-01

    Full Text Available This study aims to examine the impact of following ISO management system standards on economic sentiment indicator (ESI as proxy of economic agents’ general view concerning economic activity, for 21 European Union member states over 2005-2014. The empirical research comprises ISO standards with reference to management systems towards quality (ISO 9001, ISO 13485, ISO 16949, food safety (ISO 22000, environment (ISO 14001, and information security (ISO 27001. Panel data fixed effects regression models provide support for a positive impact of the quality management systems related to automotive industry, as well as information security management systems, on the ESI. Further, dynamic panel data approach by way of two-step system generalized method of moments emphasizes a positive influence of quality management systems standard for the medical device industry on Euro-area economic confidence, but a negative effect of food safety management systems. Also, ISO 9001, ISO 22000, and ISO 14001 Granger cause ESI.

  17. Credit ratings and bond spreads of the GIIPS

    NARCIS (Netherlands)

    de Vries, Tim; de Haan, Jakob

    2016-01-01

    We examine the relationship between credit ratings and bond yield spreads of peripheral countries in the euro area (Greece, Ireland, Italy, Portugal and Spain) for the period 1995-2014. Since 2012, bond spreads of those countries have come down very fast, whereas credit ratings have hardly changed.

  18. The Danish Euro

    DEFF Research Database (Denmark)

    Ravn Sørensen, Anders

    2014-01-01

    In this article, I analyse the political debate leading up to the Danish euro referendum in 2000. I show how the euro-positive government unintentionally reinforced the arguments of the euro-sceptics by framing the euro as something belonging to the nation-state. I argue that this paradoxical...... campaign strategy stems from the Danish conceptualisation of nation and state and from the close connection between national currencies and feelings of community and citizenship more general. The analysis confirms the suggestion made by Gilbert that new monetary organisation, such as European Monetary...

  19. Euro NCAP : een veiligheidsinstrument.

    NARCIS (Netherlands)

    2007-01-01

    Het programma Euro NCAP test sinds 1996 de (bots)veiligheid van de meest gangbare personen-auto’s. Het feit dat de testresultaten bekend zijn bij de consumenten stimuleert de autofabrikanten om personenauto’s produceren die veelal veiliger zijn dan wettelijk is vereist. Euro NCAP test de

  20. Development of unbonded and bonded areas in relation to Populus species wood characteristics in grinding

    Science.gov (United States)

    L.K. Lehtonen; J.H. Lehto; A.W. Rudie

    2004-01-01

    In terms of fibre development in mechanical pulping, most of the energy is spent on the creation of specific surface area. The total surface area created can be divided into two categories: surface area that adds to the unbonded area (optical properties) and surface area that adds to the bonded area (strength properties) of mechanical papers. This paper considers these...

  1. The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices

    Energy Technology Data Exchange (ETDEWEB)

    Meyler, Aidan [European Central Bank, Frankfurt am Main (Germany)

    2009-11-15

    Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution - refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes - excise and value-added; (7) the modelling of prices for three fuel types - passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in

  2. The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices

    International Nuclear Information System (INIS)

    Meyler, Aidan

    2009-01-01

    Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution - refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes - excise and value-added; (7) the modelling of prices for three fuel types - passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in

  3. Energy, transport network and financial issues: PR perspectives for economic development in time of Euro-Med area change

    Directory of Open Access Journals (Sweden)

    Amanda Jane Succi

    2012-02-01

    At first this will involve the policy makers at the central level, like the Ministry of Education and Sciences and the main research actors in the public and in the private sector. The criteria of the geographical and the subjects coverage has been also used in order to be able to present a public institutions of the higher education and research but even the enterprises that act in the research area are mainly focusing to the integration of these two systems which have been working separately for a long period of time and that must become efficient in order to adapt to the conditions of a country that has limited financial resources. This article is intended to provide a comprehensive overview of the scientific research in Albania, focusing in defining the priority areas for the research in social sciences. The information about the higher education and the potential problems that it faces, is based on a big number of research institutions, selected based on their involvement in scientific research in social sciences. This article brings into evidence the fact that in order to establish a stable and effective infrastructure in scientific research in Albania, is important to work in different directions. A successful way to increase the efficasity through the elements of the “innovative system” is by working with organizations that work in specific sectors of the economy, aiming for a possible cooperation in scientific search, for an important social contribution.

  4. THE EURO AT CERN

    CERN Multimedia

    Your UBS branch at CERN

    2001-01-01

    As part of the changeover to the euro, the UBS is pleased to announce the following information: From 28 December 2001, the cash dispensing machines will no longer issue French francs (FRF). At the beginning of January, all machines in the network will be modified to issue 50-euro notes. The wall machines in Buildings 500 and 504 will also issue 100-euro notes. Until 28 February 2002, it will be possible to sell notes in IN currencies (currencies of member countries of the economic and monetary union) in exchange for CHF over bank counters. In Switzerland, IN currencies are not directly convertible into euros. The conversion of cash from an IN currency to cash in euros is equivalent to a purchase and sale operation via Swiss francs. The UBS does not purchase or sell coins in euros (including IN currencies). Until 28 February 2002, it will be possible at all branches to deposit old coinage in IN currencies in Unicef 'Change for Good' envelopes. Until the second half of 2002, euro-denominated accounts will be a...

  5. Romanian Policy-Mix to Adopting Euro

    Directory of Open Access Journals (Sweden)

    Cristian Socol

    2007-09-01

    Full Text Available This paper evaluates the present estate of Euro implementation in Monetary and EconomicUnion (EMU and Romanian position in this context. The Romanian admittance in EU at January 2007increased the interest to study the transmission and coordination mechanisms, related to mix commonmonetary policy – different fiscal policy across the countries in the Euro area. Our study focuses on theconsequences of Romanian admittance in Euro Zone in 2014 and optimal policy-mix to good preparationto accomplish this target. The controversies between economists regarding the construction processof EMU remain large. What are the consequences of implementing the “tye-hands” strategy for Romanianfinancial authorities? Can Romania solve the potential conflict between real and nominal convergencerelating the European integration? What is the best strategy for Romania with the aim to obtain afaster real convergence with the European Union countries? Can Romania maximize the benefits toadopting Euro in 2014?

  6. The euro: an international currency

    International Nuclear Information System (INIS)

    Riley, D.

    2000-01-01

    A number of studies and reports are now readily available on how to come grips the Euro - its calendar, conversion factors, legal, financial and accounting aspects, and so forth. Typically, they point to a fixed-for-ever rate of exchange between participating countries, which of course may have strategic consequences for the location of many types of business. This survey does not seek to be exhaustive, nor to cover what is well documented elsewhere. Rather, it attempts to examine areas where uncertainty, or controversy continue to exist, as well as focus on aspects that are pertinent to the oil and gas industries. Two questions stand out. The first is a general one, concerning how the Euro is likely to fare in international currency markets, notably relative to the US Dollar. The second is closely linked to the first, but is specific to the hydrocarbons business: will European oil and gas prices be quoted in euros and, if so, over what time frame? Finally, this review looks briefly at a selection of other impacts relevant to the energy business

  7. The EURO, Prudent Coherence?

    NARCIS (Netherlands)

    I.J.M. Arnold (Ivo); C.G. de Vries (Casper)

    1998-01-01

    textabstractA flurry of recent articles has argued on the basis of constructed European wide monetary aggregates that the demand for EURO's will be more stable than the current demand for national currencies. In policy circles this seemingly moderating effect of monetary integration figures as an

  8. Roots of the weaknesses of the euro. Euro nõrkuste juured

    Directory of Open Access Journals (Sweden)

    Mart Sõrg

    2012-01-01

    Full Text Available The aim of the euro was to speed up the integration process and economic development in Europe. History of euro showed us that these optimistic goals have been only partly fulfilled. This modest result has several essential roots. Our research showed that Europe have not been and is even not today the optimal currency area. The architecture of the EMU was incomplete: in building up it was not given enough power to ECB, also were underestimated vitality national interests in member states. Therefore common interests in euro area were not enough protected. Last global financial and economic crisis showed clearly main weaknesses of euro and enforced to start to liquidate them. We conclude that resent reforms and enlargement of the EMU (Estonia probably will strengthen this union

  9. Ist der Euro gefährdet? Is the European currency euro put at risk?

    Directory of Open Access Journals (Sweden)

    Armin Rohde

    2012-01-01

    Full Text Available Due to high national debt in several member states of the Euro-Currency-Area which led to huge relief programmes the single European currency Euro seems to be at risk. Bur neither inflation rates nor exchange rate movements of the Euro since 1999 up to 2011 give reasons to believe that an up to now success story of the Euro will come to a sudden end in shortness. On the other hand it often had been argued that increasing national debt will inevitably lead to higher inflation rates and will endanger a currency by permanent devaluation. But the institutional and legal framework of the European monetary policy, if used correctly, will give sufficient protection against inflation pressure due to increasing national debt. The most danger for the European currency or for the European-Currency-Area can be seen in drifting apart of national competiveness between the member states of the Euro- Area, especially due to an existing lack of coordination in wage policy. Different wage policies in the member states of the Euro-Area in the past had led to different national inflation rates and had caused calculated real exchange rate movements which had lasting influence on national competiveness, which hamper international trade in the case of real appreciation or which promote international trade in the case of real depreciation..

  10. European bond markets: do illiquidity and concentration aggravate price shocks?

    NARCIS (Netherlands)

    Boermans, M.A.; Frost, Jon; Steins Bisschop, Sophie

    2016-01-01

    We study the effects of market liquidity and ownership concentration of European bonds on price volatility during periods of market stress. Specifically, using security-by-security data from euro area investors we examine if market illiquidity and concentrated holdings explain the large price shocks

  11. Government bond yields and foreign ownership of debt

    NARCIS (Netherlands)

    Broos, Menno; de Haan, Jakob

    2012-01-01

    We analyse the government bond yield spread vis-a-vis Germany for 10 countries in the euro area for the period 1991 to 2009. Our results suggest a positive relationship between the marginal impact of government debt on the spread and foreign ownership of the government debt of the country concerned

  12. Area-based initiatives – and their work in bonding, bridging and linking social capital

    DEFF Research Database (Denmark)

    Agger, Annika; Jensen, Jesper Ole

    2015-01-01

    In this article, we provide a conceptual and argumentative framework for studying how Area-based Initiatives (ABIs) can facilitate contact between networks in deprived neighbourhoods and external forms of power (linking social capital). These relations provide the residents and other members...... of social capital (bridging, bonding and linking). The article concludes that ABIs contribute to creating linking social capital, but the extent of the contribution depends on the level of bonding and bridging social capital in the area. We argue that public planners as well as evaluators of the ABIs should...

  13. L’euro, una moneta completa (The Euro Becomes a Complete Money

    Directory of Open Access Journals (Sweden)

    Giacomo Vaciago

    2012-04-01

    Full Text Available The euro changeover has been a success as millions of Europeans have become accustomed to using the new coins and banknotes. What comes next? So far the benefits of the euro are a product of the "vices" which have been taken away from us. In the case of Italy, the gains have been very low inflation and interest rates. Much more has still to come. First, the euro-zone has to become an optimum currency area: all national markets are required to integrate into one larger and more efficient market. This will lead to faster growth in line with Adam Smith's theory. Second, we still need to transfer foreign policy and defense, along with the euro, to a European level thereby completing the Union.   

  14. L’euro, una moneta completa (The Euro Becomes a Complete Money

    Directory of Open Access Journals (Sweden)

    Giacomo Vaciago

    2002-09-01

    Full Text Available The euro changeover has been a success as millions of Europeans have become accustomed to using the new coins and banknotes. What comes next? So far the benefits of the euro are a product of the "vices" which have been taken away from us. In the case of Italy, the gains have been very low inflation and interest rates. Much more has still to come. First, the euro-zone has to become an optimum currency area: all national markets are required to integrate into one larger and more efficient market. This will lead to faster growth in line with Adam Smith's theory. Second, we still need to transfer foreign policy and defense, along with the euro, to a European level thereby completing the Union.

  15. Euro-Mediterranean Partnership

    DEFF Research Database (Denmark)

    Brach, Juliane

    2007-01-01

    The EU and 12 countries of the Middle East and North Africa (MENA) engaged in 1995 in the Euro-Mediterranean Partnership (EMP) in political, economic and cultural matters with the aim to foster cooperation, stability and prosperity around the Mediterranean Basin. The Economic and Financial...... and the past performance of the EFP. It analyses the association agreements, economic cooperation and financial assistance, discusses the major obstacles, and outlines the potential of the EFP to shape the European Neighborhood Policy....

  16. FROM LEU TO EURO

    Directory of Open Access Journals (Sweden)

    SUCIU TITUS

    2013-08-01

    Full Text Available After analyzing the advantages and disadvantages of adopting the euro, we come to the conclusionthat we are not ready to accomplish this objective. Practically, we are not competitive, but adopting the euroshould be our goal. In what concerns Romania ’s national interest, we propose targeting the following domains:automotive industry, ecologic agriculture, education and research. The solution is in the triad: work –organization – innovation.

  17. Euro Membership as a Real Option Trigger

    DEFF Research Database (Denmark)

    Aabo, Tom; Pantzalis, Christos

    2007-01-01

    -adopters (UK, Sweden, and Denmark) to exercise various forms of real options such as to establish alliances / partnerships, to enter new markets / market segments, to switch suppliers, and to generally expand in the Euro-area. The study furthermore shows that small, profitable and financially constrained firms...... are particularly likely to exercise such real options triggered by the introduction of the Euro. The results go beyond the immediate trade effects, which empirical studies have shown to be weak and without trade diversion as to the three non-adopters, and provide important insights about the potential long...

  18. Constructing EuroMan

    DEFF Research Database (Denmark)

    Sandberg, Marie; Andersen, Dorte

    2008-01-01

    the regional periphery in dynamic state-centred economies. In the course of the 1980s, however, interest has shifted towards regions as motors of growth, thereby making the region an actor in its own right rather than a passive receiver of subsidies. The shift in focus can be regarded a result of so...... and approaches. Eurman is possessing the ability and will to pursue rational-strategic goals and he appears in the form of an economic agent as well as a participant in political processes. Regionalisation, identity-formation and the key characteristics of EuroMan unite in EU regional policies and New...

  19. EuroGeoSurveys

    Science.gov (United States)

    Demicheli, L.; Ludden, J. N.; Robida, F.

    2012-04-01

    In order to create safe, healthy and wealthy places to live in, it is vital that we understand our planet. At national level the collection of information on the state of the solid Earth and its processes is normally mandated to Geological Surveys. In fact, a Geological Survey is the national institution responsible for the geological inventory, monitoring, knowledge and research for the security, health and prosperity of the society. And EuroGeoSurveys (EGS) is the organisation representing the Geological Surveys from 33 countries around Europe. With one member for each country of the European Union and beyond, including the Russian Federation and Ukraine, the EGS network covers the whole continent. EGS'principal purpose is to provide geoscientific knowledge that underpins European policies and regulations for the benefit of society. Naturally, in our day-to-day activities, we contribute to the merging of economic, environmental and social agendas. Engaging a joint workforce of several thousands of geoscientists, also involving regional geological surveys in Germany, Italy and Spain, we strive to be the first body to be contacted when there is an international need for European geodata, or'geo-help'. For this reason we work on a daily basis with the EU institutions, and are considered the natural source of information on Earth science issues and relevant downstream applications in Europe. Our General Secretariat is based in the European Quarter of Brussels close to the European Commission, the EU Council, the European Parliament, and the political seat of NATO. Our operational strategy is based on the cooperation between national institutions, which enables to synergistically integrate both information and activities of our member organisations. This has allowed us to make significant progress over the years, permitting geology to become a topic deserving great attention on the European agenda. In order to enable a quick but high quality response to requests for

  20. Predicting European Union recessions in the euro era: The yield curve as a forecasting tool of economic activity

    OpenAIRE

    Gogas, Periklis; Chionis, Dionisios; Pragkidis, Ioannis

    2009-01-01

    Several studies have established the predictive power of the yield curve, ie: the difference between long and short term bond rates, in terms of real economic activity, for the U.S. and various European countries. In this paper we use data from the European Union (EU15), ranging from 1994:Q1 to 2008:Q3. The seasonally adjusted real GDP is used to extract the long run trend and the cyclical component of the European output, while the European Central Bank’s euro area government benchmark bonds...

  1. How Far Along is Euro Adoption in the Czech Republic? Benefits for Businesses Still Remain

    Directory of Open Access Journals (Sweden)

    Mojmír Helísek

    2013-03-01

    Full Text Available The objective of the paper is to assess the reasons for the current negative position of the Czech Government towardeuro adoption and to find out whether the expected benefits of euro adoption for Czech companies still remain. Thepostponement of euro adoption in the Czech Republic has mainly been caused by the current problems of the euroarea. The benefits arising from euro adoption are subject to the reduction of the exchange rate volatility and of thetransaction costs, whereas they also depend on the degree of integration with the euro area. These benefits may stillbe expected – neither the financial crisis nor the economic recession has affected them. The integration of the Czecheconomy with the euro area is high and still growing. Therefore, euro adoption will lead to the stimulation of mutual tradeof the Czech Republic and the euro area.

  2. The EuroMyositis registry

    DEFF Research Database (Denmark)

    Lilleker, James B; Vencovsky, Jiri; Wang, Guochun

    2018-01-01

    AIMS: The EuroMyositis Registry facilitates collaboration across the idiopathic inflammatory myopathy (IIM) research community. This inaugural report examines pooled Registry data. METHODS: Cross-sectional analysis of IIM cases from 11 countries was performed. Associations between clinical subtyp...

  3. Adopting the EURO in Romania

    Directory of Open Access Journals (Sweden)

    Ilie ŞIMON

    2011-03-01

    Full Text Available This paper addresses the adoption of the Euro currency in 2014, as estimated in the National Programme. Based on the convergence criteria analysis on the current national background, we can foresee an earlier monetary integration.

  4. The effects of government bond purchases on leverage constraints of banks and non-financial firms

    OpenAIRE

    Kühl, Michael

    2016-01-01

    This paper investigates how government bond purchases affect leverage-constrained banks and non-financial firms by utilising a stochastic general equilibrium model. My results indicate that government bond purchases not only reduce non-financial firms' borrowing costs, amplified through a reduction in expected defaults, but also lower banks' profit margins. In an economy in which loans priced at par dominate in banks' balance sheets - as a reflection of the euro area's structure - the leverag...

  5. AREVA net income: 649 million euros

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-03-15

    This document presents the financial statements for 2006 of Areva group: net income: 649 million euros; backlog up by 24.6% to 25.6 billion euros; steady growth of sales revenue: + 7.3%1 to 10.863 billion euros; operating income of 407 million euros: excellent divisional performance and constitution of a significant provision for the OL3 project in Finland; dividend proposed to Annual General Meeting of Shareholders: 8.46 euros per share.

  6. AREVA net income: 649 million euros

    International Nuclear Information System (INIS)

    2007-03-01

    This document presents the financial statements for 2006 of Areva group: net income: 649 million euros; backlog up by 24.6% to 25.6 billion euros; steady growth of sales revenue: + 7.3%1 to 10.863 billion euros; operating income of 407 million euros: excellent divisional performance and constitution of a significant provision for the OL3 project in Finland; dividend proposed to Annual General Meeting of Shareholders: 8.46 euros per share

  7. Big Area Additive Manufacturing of High Performance Bonded NdFeB Magnets

    Science.gov (United States)

    Li, Ling; Tirado, Angelica; Nlebedim, I. C.; Rios, Orlando; Post, Brian; Kunc, Vlastimil; Lowden, R. R.; Lara-Curzio, Edgar; Fredette, Robert; Ormerod, John; Lograsso, Thomas A.; Paranthaman, M. Parans

    2016-10-01

    Additive manufacturing allows for the production of complex parts with minimum material waste, offering an effective technique for fabricating permanent magnets which frequently involve critical rare earth elements. In this report, we demonstrate a novel method - Big Area Additive Manufacturing (BAAM) - to fabricate isotropic near-net-shape NdFeB bonded magnets with magnetic and mechanical properties comparable or better than those of traditional injection molded magnets. The starting polymer magnet composite pellets consist of 65 vol% isotropic NdFeB powder and 35 vol% polyamide (Nylon-12). The density of the final BAAM magnet product reached 4.8 g/cm3, and the room temperature magnetic properties are: intrinsic coercivity Hci = 688.4 kA/m, remanence Br = 0.51 T, and energy product (BH)max = 43.49 kJ/m3 (5.47 MGOe). In addition, tensile tests performed on four dog-bone shaped specimens yielded an average ultimate tensile strength of 6.60 MPa and an average failure strain of 4.18%. Scanning electron microscopy images of the fracture surfaces indicate that the failure is primarily related to the debonding of the magnetic particles from the polymer binder. The present method significantly simplifies manufacturing of near-net-shape bonded magnets, enables efficient use of rare earth elements thus contributing towards enriching the supply of critical materials.

  8. Risk Factors in Euro Adoption by Romania

    Directory of Open Access Journals (Sweden)

    Roxana Maria BĂDÎRCEA

    2014-11-01

    Full Text Available The costs and benefits of adopting a unique currency have been studied and outlined by the optimum currency areas theory. This theory of Mundell has suffered modifications, a series of economists identifying and introducing a series of subsequent or additional criteria in the analysis. Starting from the costs indicated by the optimum currency areas theory and its further developments, I have identified a series of factors that I believe to represent future risks for the Romanian economy within the process of adopting the unique euro currency.

  9. Determinants of self-rated health in elderly populations in urban areas in Slovenia, Lithuania and UK: findings of the EURO-URHIS 2 survey.

    Science.gov (United States)

    Stanojevic Jerkovic, Olivera; Sauliune, Skirmante; Šumskas, Linas; Birt, Christopher A; Kersnik, Janko

    2017-05-01

    Ageing imposes extra financial burdens on social and health services in developed countries. Self-rated health (SRH) is considered to be both a reliable measurement of overall health status including morbidity and mortality and an important predictor of hospitalization, functional impairment and greater demand for health-care services in the elderly. Our aim was to identify factors associated with poor SRH in elderly populations and investigate possible differences between urban areas in Slovenia, Lithuania and UK. Data were obtained from population-based surveys from the European Urban Health Indicator System Part 2 project. The stratified representative sample (41% men and 59% women) consisted of a total of 2547 respondents aged ≥65 from the urban areas in the three countries. The prevalence of poor SRH was highest in Lithuanian urban areas. The strongest factors associated with poor SRH were low education [OR (odds ratio) 4.3, 95% CI (confidence interval) 2.5-7.3, P Slovenia) (OR 2.0, 95% CI 1.1-3.7, P = 0,023), female sex (Lithuania) (OR 2.0, 95% CI 1.0-4.2, P = 0.058) and inadequate physical activity (UK) (OR 2.2, 95% CI 1.3-3.6, P = 0,003). Despite different levels of poor SRH, the factors associated with poor SRH were similar for the urban areas of the three countries. Factors associated with poor SRH in the urban areas could also reflect either cultural differences or specific situations for elderly in that country, which need further research. © The Author 2015. Published by Oxford University Press on behalf of the European Public Health Association. All rights reserved.

  10. Effect of thermal aging on the tensile bond strength at reduced areas of seven current adhesives.

    Science.gov (United States)

    Baracco, Bruno; Fuentes, M Victoria; Garrido, Miguel A; González-López, Santiago; Ceballos, Laura

    2013-07-01

    The purpose of this study was to determine the micro-tensile bond strength (MTBS) to dentin of seven adhesive systems (total and self-etch adhesives) after 24 h and 5,000 thermocycles. Dentin surfaces of human third molars were exposed and bonded with two total-etch adhesives (Adper Scotchbond 1 XT and XP Bond), two two-step self-etch adhesives (Adper Scotchbond SE and Filtek Silorane Adhesive System) and three one-step self-etch adhesives (G-Bond, Xeno V and Bond Force). All adhesive systems were applied following manufacturers' instructions. Composite buildups were constructed and the bonded teeth were then stored in water (24 h, 37 °C) or thermocycled (5,000 cycles) before being sectioned and submitted to MTBS test. Two-way ANOVA and subsequent comparison tests were applied at α = 0.05. Characteristic de-bonded specimens were analyzed using scanning electron microscopy (SEM). After 24 h water storage, MTBS values were highest with XP Bond, Adper Scotchbond 1 XT, Filtek Silorane Adhesive System and Adper Scotchbond SE and lowest with the one-step self-etch adhesives Bond Force, Xeno V and G-Bond. After thermocycling, MTBS values were highest with XP Bond, followed by Filtek Silorane Adhesive System, Adper Scotchbond SE and Adper Scotchbond 1 XT and lowest with the one-step self-etch adhesives Bond Force, Xeno V and G-Bond. Thermal aging induced a significant decrease in MTBS values with all adhesives tested. The resistance of resin-dentin bonds to thermal-aging degradation was material dependent. One-step self-etch adhesives obtained the lowest MTBS results after both aging treatments, and their adhesive capacity was significantly reduced after thermocycling.

  11. Big Area Additive Manufacturing of High Performance Bonded NdFeB Magnets.

    Science.gov (United States)

    Li, Ling; Tirado, Angelica; Nlebedim, I C; Rios, Orlando; Post, Brian; Kunc, Vlastimil; Lowden, R R; Lara-Curzio, Edgar; Fredette, Robert; Ormerod, John; Lograsso, Thomas A; Paranthaman, M Parans

    2016-10-31

    Additive manufacturing allows for the production of complex parts with minimum material waste, offering an effective technique for fabricating permanent magnets which frequently involve critical rare earth elements. In this report, we demonstrate a novel method - Big Area Additive Manufacturing (BAAM) - to fabricate isotropic near-net-shape NdFeB bonded magnets with magnetic and mechanical properties comparable or better than those of traditional injection molded magnets. The starting polymer magnet composite pellets consist of 65 vol% isotropic NdFeB powder and 35 vol% polyamide (Nylon-12). The density of the final BAAM magnet product reached 4.8 g/cm 3 , and the room temperature magnetic properties are: intrinsic coercivity H ci  = 688.4 kA/m, remanence B r  = 0.51 T, and energy product (BH) max  = 43.49 kJ/m 3 (5.47 MGOe). In addition, tensile tests performed on four dog-bone shaped specimens yielded an average ultimate tensile strength of 6.60 MPa and an average failure strain of 4.18%. Scanning electron microscopy images of the fracture surfaces indicate that the failure is primarily related to the debonding of the magnetic particles from the polymer binder. The present method significantly simplifies manufacturing of near-net-shape bonded magnets, enables efficient use of rare earth elements thus contributing towards enriching the supply of critical materials.

  12. An Empirical Analysis of Romania’s Comovement with the Euro Zone

    Directory of Open Access Journals (Sweden)

    Nicolae Dardac

    2009-11-01

    Full Text Available In light of adopting the euro in the near future, it is important to asses to which extent the Romanian business cycle evolves in a similar fashion with that of the euro zone. The present study is an empirical investigation of the degree of business cycle synchronization between Romania and the euro area, based on macroeconomic series that capture the cyclical features of the two economies. The results indicate that the most recent period, characterized by major economic and financial turmoil, has lead to an increase of the degree of comovement between of the Romanian economy with that of the euro area.

  13. Euro NCAP, a safety instrument.

    NARCIS (Netherlands)

    2007-01-01

    Since early 1997, in Europe, a cooperation of consumer organizations, European governments, the European Commission, and car organizations have been doing crash tests to judge the safety of cars. This programme is called Euro NCAP. The test programme consists of four tests of new cars to see how

  14. Euro Heart Survey 2009 Snapshot

    DEFF Research Database (Denmark)

    Puymirat, Etienne; Battler, Alex; Birkhead, John

    2013-01-01

    Detailed data on patients admitted for acute myocardial infarction (AMI) on a European-wide basis are lacking. The Euro Heart Survey 2009 Snapshot was designed to assess characteristics, management, and hospital outcomes of AMI patients throughout European Society of Cardiology (ESC) member...

  15. Sequential assimilation of satellite-derived vegetation and soil moisture products using SURFEX_v8.0: LDAS-Monde assessment over the Euro-Mediterranean area

    Science.gov (United States)

    Albergel, Clément; Munier, Simon; Leroux, Delphine Jennifer; Dewaele, Hélène; Fairbairn, David; Lavinia Barbu, Alina; Gelati, Emiliano; Dorigo, Wouter; Faroux, Stéphanie; Meurey, Catherine; Le Moigne, Patrick; Decharme, Bertrand; Mahfouf, Jean-Francois; Calvet, Jean-Christophe

    2017-10-01

    In this study, a global land data assimilation system (LDAS-Monde) is applied over Europe and the Mediterranean basin to increase monitoring accuracy for land surface variables. LDAS-Monde is able to ingest information from satellite-derived surface soil moisture (SSM) and leaf area index (LAI) observations to constrain the interactions between soil-biosphere-atmosphere (ISBA, Interactions between Soil, Biosphere and Atmosphere) land surface model (LSM) coupled with the CNRM (Centre National de Recherches Météorologiques) version of the Total Runoff Integrating Pathways (ISBA-CTRIP) continental hydrological system. It makes use of the CO2-responsive version of ISBA which models leaf-scale physiological processes and plant growth. Transfer of water and heat in the soil rely on a multilayer diffusion scheme. SSM and LAI observations are assimilated using a simplified extended Kalman filter (SEKF), which uses finite differences from perturbed simulations to generate flow dependence between the observations and the model control variables. The latter include LAI and seven layers of soil (from 1 to 100 cm depth). A sensitivity test of the Jacobians over 2000-2012 exhibits effects related to both depth and season. It also suggests that observations of both LAI and SSM have an impact on the different control variables. From the assimilation of SSM, the LDAS is more effective in modifying soil moisture (SM) from the top layers of soil, as model sensitivity to SSM decreases with depth and has almost no impact from 60 cm downwards. From the assimilation of LAI, a strong impact on LAI itself is found. The LAI assimilation impact is more pronounced in SM layers that contain the highest fraction of roots (from 10 to 60 cm). The assimilation is more efficient in summer and autumn than in winter and spring. Results shows that the LDAS works well constraining the model to the observations and that stronger corrections are applied to LAI than to SM. A comprehensive evaluation of

  16. Hbo's: 1000 euro extra per allochtone leerling

    NARCIS (Netherlands)

    De Volkskrant

    2006-01-01

    De vier grote hogescholen in de Randstad willen 1000 euro extra voor elke student van laag opgeleide ouders. Bestuursvoorzitter Pim Breebaart van de Haag-se Hogeschool verwacht dat dit de schatkist bijna 20 miljoen euro zal kosten.

  17. Euro crisis in perspective

    Directory of Open Access Journals (Sweden)

    Francesco Bogliacino

    2017-05-01

    Full Text Available In this article we analyze the process of monetary integration in Europe, identifying the structural determinants and the dysfunctional elements in the institutions of the European Union. Secondly, we explain two prevailing discourses that fail in interpreting the events: on the one hand, a purely ideological position that see integration as a process of convergence that should not be interfered with; on the other hand, a purely idealist perspective, according to which the ideal of integration will prevail over any contradiction engendered by the institutional system. The combination of these two perspectives helped justify post crisis interventions (fiscal consolidation and the institutional design that followed, which eventually aggravated the macroeconomic instability in the area.

  18. Fiscal Governance in the Euro Area

    DEFF Research Database (Denmark)

    Hallet, Andrew Hughes; Hougaard Jensen, Svend E.

    2012-01-01

    for Europe, to make the excess debt protocol operational. The contribution also addresses the issue of moral hazard, by proposing that governments be abandoned to financial markets at the upper debt limit, a commitment to be spelled out in advance. Finally, this framework is set within the idea of fiscal...

  19. Euro-Multiculturalism and Toleration

    DEFF Research Database (Denmark)

    Lægaard, Sune

    2014-01-01

    The underlying concept of multiculturalism in many European discussions is different from that made prominent by the classic cases, e.g. in Canada, that have functioned as paradigm cases which the most prominent theories of multiculturalism have been tailored to fit and justify. “Euro-multicultur......The underlying concept of multiculturalism in many European discussions is different from that made prominent by the classic cases, e.g. in Canada, that have functioned as paradigm cases which the most prominent theories of multiculturalism have been tailored to fit and justify. “Euro......, and b) that it is under-inclusive in the sense that it collapses multiculturalism into standard liberal political theory and fails to explain what is distinctive about multiculturalism. Finally the paper shows that multiculturalism in this sense can involve issues of toleration....

  20. Cognitive processing of currency: Euros and Dollars.

    Science.gov (United States)

    Macizo, Pedro; Morales, Luis

    2015-11-01

    In the current study, we evaluated whether the processing of currency was determined by familiarity of people with banknotes. In Experiment 1, participants who used the Euro currency named sequences of Euro banknotes and Dollar banknotes blocked by category or mixed with exemplars of other categories. The participants showed an interference effect in the blocked context with Dollar banknotes but not with Euro banknotes. In Experiment 2, the interference effect was observed with Euro banknotes when participants were not familiar with the Euro currency. These results suggest that the semantic processing of banknotes depends on the participants' familiarity with currency. © 2015 The British Psychological Society.

  1. Euro-mediterranean partnership in the energy field

    International Nuclear Information System (INIS)

    Perrin, F.

    1996-01-01

    The conference for a Euro-Mediterranean partnership in the energy field took place from the seventh to ninth of June 1996 and convened the officials of 15 european countries and 10 mediterranean countries; the discussions were about five themes: the adhesion of mediterranean countries to the european chart of energy or their association to this treaty; the harmonization of legislations and regulations concerning investments; the development of gas and electric networks in this area; the positioning of a system to guarantee energy investments; the creation of an Euro-Mediterranean energy forum proposed by the commission which allowed to associate the different partners to the following of this cooperation. (N.C.)

  2. ROMANIA: THE WAY TO EURO

    Directory of Open Access Journals (Sweden)

    Raluca Gabriela DULGHERIU

    2014-06-01

    Full Text Available This article provides an overview of the Romanian process to join the euro, under the terms of the current economic-financial crisis. The purpose of this study is to analyze the degree of achieving real and nominal convergence criteria, along with offering perspectives regarding European monetary integration. The adoption of the unique currency represents an important challenge and opportunity for Romania during the post-adherence period, which forces the political and administrative environment to conceive and implement coherent and responsible politics meant to ensure a simultaneous fulfillment of nominal and real convergence criteria of the Romanian economy. The results of this analysis illustrate that, despite the fact that the Romanian economy recorded significant progresses on the fulfillment of the Maastricht criteria, the current economic context has introduced an additional uncertainty factor and significantly made the adoption of a single currency harder, and the enforcement of real convergence criteria has become much more difficult. Under these circumstances, the National Bank of Romania gave up the target that 2015 represented, and also the one of establishing a new target-date to enter the eurozone, the perspective of joining a single currency exceeding the horizon of this decade. In order to achieve a real, profound and sustainable reorganization of the Romanian economy and to successfully recover the discrepancies between Romania and the EU standards, the road to the euro must be paved with much caution and wisdom.

  3. The Euro crisis. Causes and Symptoms

    Directory of Open Access Journals (Sweden)

    Christoph S. Weber

    2015-06-01

    Full Text Available The Euro crisis is mainly a consequence of the international financial crisis of 2008. Thereby, the term Euro crisis is misleading as there is no currency crisis. First, the article shows some of the birth defects of the Euro. Second, it shows that the increase in public debt was caused by rescue measures for banks and anti-cyclical fiscal policy. Third, we argue that the Euro crisis is not just one crisis (a sovereign debt crisis but it is a combination of several macroeconomic crises including a growth crisis, a labour market crisis, a public debt crisis, and a current account crisis.

  4. The Euro-Mediterranean Tsunami Catalogue

    Directory of Open Access Journals (Sweden)

    Alessandra Maramai

    2014-08-01

    Full Text Available A unified catalogue containing 290 tsunamis generated in the European and Mediterranean seas since 6150 B.C. to current days is presented. It is the result of a systematic and detailed review of all the regional catalogues available in literature covering the study area, each of them having their own format and level of accuracy. The realization of a single catalogue covering a so wide area and involving several countries was a complex task that posed a series of challenges, being the standardization and the quality of the data the most demanding. A “reliability” value was used to rate equally the quality of the data for each event and this parameter was assigned based on the trustworthiness of the information related to the generating cause, the tsunami description accuracy and also on the availability of coeval bibliographical sources. Following these criteria we included in the catalogue events whose reliability ranges from 0 (“very improbable tsunami” to 4 (“definite tsunami”. About 900 documentary sources, including historical documents, books, scientific reports, newspapers and previous catalogues, support the tsunami data and descriptions gathered in this catalogue. As a result, in the present paper a list of the 290 tsunamis with their main parameters is reported. The online version of the catalogue, available at http://roma2.rm.ingv.it/en/facilities/data_bases/52/catalogue_of_the_euro-mediterranean_tsunamis, provides additional information such as detailed descriptions, pictures, etc. and the complete list of bibliographical sources. Most of the included events have a high reliability value (3= “probable” and 4= “definite” which makes the Euro-Mediterranean Tsunami Catalogue an essential tool for the implementation of tsunami hazard and risk assessment.

  5. Bank finance versus bond finance: what explains the differences between US and Europe?

    OpenAIRE

    De Fiore, Fiorella; Uhlig, Harald

    2005-01-01

    We present a dynamic general equilibrium model with agency costs, where heterogeneous firms choose among two alternative instruments of external finance - corporate bonds and bank loans. We characterize the financing choice of firms and the endogenous financial structure of the economy. The calibrated model is used to address questions such as: What explains differences in the financial structure of the US and the euro area? What are the implications of these differences for allocations? We f...

  6. Monetary policy rules for convergence to the Euro

    OpenAIRE

    Orlowski, Lucjan T.

    2008-01-01

    This paper aims to devise a monetary policy instrument rule that is suitable for open economies undergoing monetary convergence to a common currency area. The open-economy convergence-consistent Taylor rule is forward-looking, consistent with monetary framework based on inflation targeting, containing input variables that are relative to the corresponding variables in the common currency area. The policy rule is tested empirically for three inflation targeting countries converging to the euro...

  7. Diesel passenger car PM emissions: From Euro 1 to Euro 4 with particle filter

    Science.gov (United States)

    Tzamkiozis, Theodoros; Ntziachristos, Leonidas; Samaras, Zissis

    2010-03-01

    This paper examines the impact of the emission control and fuel technology development on the emissions of gaseous and, in particular, PM pollutants from diesel passenger cars. Three cars in five configurations in total were measured, and covered the range from Euro 1 to Euro 4 standards. The emission control ranged from no aftertreatment in the Euro 1 case, an oxidation catalyst in Euro 2, two oxidation catalysts and exhaust gas recirculation in Euro 3 and Euro 4, while a catalyzed diesel particle filter (DPF) fitted in the Euro 4 car led to a Euro 4 + DPF configuration. Both certification test and real-world driving cycles were employed. The results showed that CO and HC emissions were much lower than the emission standard over the hot-start real-world cycles. However, vehicle technologies from Euro 2 to Euro 4 exceeded the NOx and PM emission levels over at least one real-world cycle. The NOx emission level reached up to 3.6 times the certification level in case of the Euro 4 car. PM were up to 40% and 60% higher than certification level for the Euro 2 and Euro 3 cars, while the Euro 4 car emitted close or slightly below the certification level over the real-world driving cycles. PM mass reductions from Euro 1 to Euro 4 were associated with a relevant decrease in the total particle number, in particular over the certification test. This was not followed by a respective reduction in the solid particle number which remained rather constant between the four technologies at 0.86 × 10 14 km -1 (coefficient of variation 9%). As a result, the ratio of solid vs. total particle number ranged from ˜50% in Euro 1-100% in Euro 4. A significant reduction of more than three orders of magnitude in solid particle number is achieved with the introduction of the DPF. However, the potential for nucleation mode formation at high speed from the DPF car is an issue that needs to be considered in the over all assessment of its environmental benefit. Finally, comparison of the

  8.  Euro Membership as a Real Option Trigger: An Empirical Study of EU15 Manufacturing Firms

    DEFF Research Database (Denmark)

    Aabo, Tom

    ) to exercise real options such as to establish alliances / partnerships, to enter new markets / market segments, to switch suppliers, and to generally expand in the Euro-area. The results are robust after controlling for the size of the firms and their sales in the Euro-area. The results go beyond what...

  9. Ordoliberalizm a polityka makroekonomiczna w obliczu kryzysu strefy euro

    OpenAIRE

    Michal Moszynski

    2015-01-01

    The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from other European countries and the US. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy, especially fiscal stimulus in the Keynesian-style, quantitative easing monetary policy of the ECB, the question of financial assistance to Greece and restructuring its debt. The other areas of difference are th...

  10. Effect of load, area of contact, and contact stress on the tribological properties of polyimide bonded graphite fluoride films

    Science.gov (United States)

    Fusaro, R. L.

    1981-01-01

    A pin-on-disk type of friction and wear apparatus was used to study the effect of load, contact stress and rider area of contact on the friction and wear properties of polyimide-bonded graphite fluoride films. Different rider area contacts were obtained by initially generating flats (with areas of 0.0035, 0.0071, 0.0145, and 0.0240 cm) on 0.476-cm radius hemispherically-tipped riders. Different projected contact stresses were obtained by applying loads of 2.5-to 58.8-N to the flats. Two film wear mechanisms were observed. The first was found to be a linear function of contact stress and was independent of rider area of contact. The second was found to increase exponentially as the stress increased. The second also appeared to be a function of rider contact area. Wear equations for each mechanism were empirically derived from the experimental data. In general, friction coefficients increased with increasing rider contact area and with sliding duration. This was related to the build-up of thick rider transfer films.

  11. Effect of load, area of contact, and contact stress on the wear mechanisms of a bonded solid lubricant film

    Science.gov (United States)

    Fusaro, R. L.

    1980-01-01

    A pin on disk type of friction and wear apparatus was used to study the effect of load, contact stress and rider area of contact on the friction and wear properties of polyimide bonded graphite fluoride films. Different rider area contacts were obtained by initially generating flats (with areas of 0.0035, 0.0071, 0.0145, and 0.0240 cm) on 0.476-cm radius hemispherically tipped riders. Different projected contact stresses were obtained by applying loads of 2.5- to 58.8-N to the flats. Two film wear mechanisms were observed. The first was found to be a linear function of contact stress and was independent of rider area of contact. The second was found to increase exponentially as the stress increased. The second also appeared to be a function of rider contact area. Wear equations for each mechanism were empirically derived from the experimental data. In general, friction coefficients increased with increasing rider contact area and with sliding duration. This was related to the build up of thick rider transfer films.

  12. Heart valve surgery: EuroSCORE vs. EuroSCORE II vs. Society of Thoracic Surgeons score

    Directory of Open Access Journals (Sweden)

    Muhammad Sharoz Rabbani

    2014-12-01

    Full Text Available Background This is a validation study comparing the European System for Cardiac Operative Risk Evaluation (EuroSCORE II with the previous additive (AES and logistic EuroSCORE (LES and the Society of Thoracic Surgeons’ (STS risk prediction algorithm, for patients undergoing valve replacement with or without bypass in Pakistan. Patients and Methods Clinical data of 576 patients undergoing valve replacement surgery between 2006 and 2013 were retrospectively collected and individual expected risks of death were calculated by all four risk prediction algorithms. Performance of these risk algorithms was evaluated in terms of discrimination and calibration. Results There were 28 deaths (4.8% among 576 patients, which was lower than the predicted mortality of 5.16%, 6.96% and 4.94% by AES, LES and EuroSCORE II but was higher than 2.13% predicted by STS scoring system. For single and double valve replacement procedures, EuroSCORE II was the best predictor of mortality with highest Hosmer and Lemmeshow test (H-L p value (0.346 to 0.689 and area under the receiver operating characteristic (ROC curve (0.637 to 0.898. For valve plus concomitant coronary artery bypass grafting (CABG patients actual mortality was 1.88%. STS calculator came out to be the best predictor of mortality for this subgroup with H-L p value (0.480 to 0.884 and ROC (0.657 to 0.775. Conclusions For Pakistani population EuroSCORE II is an accurate predictor for individual operative risk in patients undergoing isolated valve surgery, whereas STS performs better in the valve plus CABG group.

  13. Big Area Additive Manufacturing of High Performance Bonded NdFeB Magnets

    NARCIS (Netherlands)

    Li, L; Tirado, A.; Nlebedim, I.C.; Rios, O.; Post, B.; Kunc, V.; Lowden, R.R.; Lara-Curzio, E.; Fredette, R.; Ormerod, J.; Lograsso, T.A.; Paranthaman, M.P.

    2016-01-01

    Additive manufacturing allows for the production of complex parts with minimum material waste, offering an effective technique for fabricating permanent magnets which frequently involve critical rare earth elements. In this report, we demonstrate a novel method - Big Area Additive Manufacturing

  14. Euro peal ja dollar all / Tõnis Arnover

    Index Scriptorium Estoniae

    Arnover, Tõnis, 1952-

    2007-01-01

    Viimastel päevadel on euro kurss USA dollari suhtes kerkinud oma olemasolu kaheksa aasta kõrgeimale tasemele. Diagramm. Vt. samas: USA mõju kahaneb; Nõrkuse põhjus intressipoliitikas; Dollari ohud seotud eelarve ja naftaga

  15. EuroPlus+ Reward / Alar Hammer

    Index Scriptorium Estoniae

    Hammer, Alar

    2000-01-01

    EuroPlus+ Reward on mitmes versioonis ilmunud inglise keele õppeprogramm, milles on ühendatud multimeedia võimalused ning distantsõpe ning mis loob täiesti uued võimalused keele omandamiseks arvuti abil

  16. Innovative MAN Euro V engines without exhaust aftertreatment; Innovative MAN Euro V Motorisierung ohne Abgasnachbehandlung

    Energy Technology Data Exchange (ETDEWEB)

    Held, W.; Raab, G.; Schaller, K.V.; Gotre, W.; Lehmann, H.; Moeller, H.; Schroeppel, W. [MAN Nutzfahrzeuge AG, Muenchen (Germany); MAN Nutzfahrzeuge AG, Nuernberg (Germany); MAN Nutzfahrzeuge AG, Steyr (Austria)

    2009-07-01

    MAN Nutzfahrzeuge AG (Munich, Federal Republic of Germany) always is eager to offer products for the respective markets whereby the products are interesting for the customer under economic criteria. Additionally, the products shall not lack in the travelling comfort under consideration of the legal emission borders. Thus, a AdBlue {sup registered} free technology for all MAN series was already offered before the legal introduction of EURO IV. This technology is based on an internal-motor solution with external, cooled AGR and a PM-Cat {sup registered} -filter. This solution is esteemed highly by our customers because apart from the well-known advantages in relation to a SCR technology there were no losses with the operating cost. With EURO V which is inserted in some countries MAN Nutzfahrzeuge AG returns to a long-term experience with SCR technology. The motivation for the development of a AdBlue {sup registered} free solution was the positive feedback of our customers on the basis of MAN EURO IV AGR/PM Cat technology. With the developed EURO V AGR solution, other EURO IV solutions in line with market conditions for the 'Emerging markets' can be derived with which a technology without exhaust post-treatment can be offered worldwide for our customers. This technology presents the basis for a platform concept EURO IV/V and EURO VI. In this concept, EURO IV can be presented without subsequent treatment of exhaust gases, EURO V in connection with an Oxicat and EURO VI with a SCRT system. Here, the vehicle/engine concept presents the most important components for the individual series in particular. By means of these components, the goal EURO V was achieved internal-motor without losses of operating cost and life span in relation to SCR technologies.

  17. Perceived value in food selection when dining out: comparison of African Americans and Euro-Americans.

    Science.gov (United States)

    Vinci, Debra M; Philipp, Steven F

    2007-06-01

    This descriptive study compares African Americans' and Euro-Americans' perceived value of food selection pertaining to cost, portion size, and meal satisfaction when eating away from home. A stratified sample was drawn from a southern U.S. metropolitan area (N= 1,011; 486 African American, 525 Euro-American). Analysis showed no difference between African-American and Euro-American adults by sex or how often they dined out. These two groups significantly differed across years of education, age, and answering 14 of 18 rated statements on value perceptions. African-Americans' value perceptions were influenced more by lower cost foods and larger portion sizes than those of Euro-Americans. For meal satisfaction, African Americans were more likely to agree with statements that indicate preferring foods high in energy and low in essential micronutrient density. This study supports the need for more investigation.

  18. Euro crisis or public debt crisis? With a remedy for the latter case

    Directory of Open Access Journals (Sweden)

    Mario Sarcinelli

    2012-09-01

    Full Text Available The European crisis did not originate with the Euro but with the excessive public debt of peripheral Eurozone countries. The ‘great moderation’ that had kept the euro sheltered from the storms proved a boon, because it granted the currency the status of a sound asset, but it was also a bane because it had led euro holders to believe that the euro area had implicitly reached such a degree of cohesion as to make a Greek or Italian government security almost as sound as a German one. If awareness of reality had dawned sooner, interest rates on the peripheral countries’ public debt would have been considerably higher and government leaders might have woken up sooner from the dream of governing a country that could outlast any storm thanks to its ample private wealth, despite its massive public debt.

  19. TRIPOLARISATION OF THE CURRENCIES IN THE WORLD ECONOMY: US DOLLAR – EURO – YEN

    Directory of Open Access Journals (Sweden)

    Ramona TOMA

    2006-12-01

    Full Text Available At present, the world economy is dominated by three poles – the USA, the European Union and Japan – among which there should be real co-operation to ensure the international stability on all levels. The introduction of the euro was perceived by the experts as the beginning of the competition among the currencies on the international financial markets. The European Monetary Union was conceived to cause an internal, not an external change, with an economic and financial purpose and as a further step of the European integration. Moreover, the international monetary system does not allow the European single currency to make gains that might cause losses to the US dollar. Both currencies have room in the world economy, but the euro has been beneficial to both the euro area and the rest of the world. At present, the euro is stronger than the sum of the twelve former national currencies. The consolidation of the national economies of the euro area becomes stronger due to the impact on liquidities, to the various investment opportunities for the entities that manage the financial portfolios and the central banks that manage the foreign currency reserves. The competition among the currencies means more opportunities in the world economy: the euro is an international currency used along with the US dollar and the yen, not against them.

  20. The CDS and the Government Bonds Markets During the Last Financial Crisis

    Directory of Open Access Journals (Sweden)

    Križanič France

    2015-11-01

    Full Text Available Financial market had developed a special instrument to insure the buyers of bonds. This instrument is so called Credit Default Swap (CDS. The CDS price is a kind of insurance premium that the buyer of CDS pays to the seller of CDS in exchange for compensation of possible loss in operation. Paper analyses causality between CDS price and dynamics of bond yields and influence of macroeconomic factors on it in four selected countries during the last financial crisis. Analysis results show that there is no important macroeconomic variable included in the analysis that preceded the CDS prices connected with German government bonds. Sellers of CDS were apparently aware of the systemic nature of the financial crisis in the euro area. In the case of the United Kingdom, Russia and Slovenia we can observe the unemployment rate as the most important macroeconomic variable that preceded the CDS prices for government bonds.

  1. Provisional acceptance of installations and online data submission of PV and Hybrid kits in remote areas of Latin-America under the EC's EURO-SOLAR Programme

    Energy Technology Data Exchange (ETDEWEB)

    Cendagorta, M.; Rodriguez, J.; Lopez-Manzanares, L.; Linares, A. [Instituto Tecnologico y de Energias Renovables, S.A. (ITER), Granadilla de Abona (Spain)

    2010-07-01

    The EURO-SOLAR Programme is providing 600 isolated and rural communities in the 8 lesser developed countries in Latin America, with an electricity production facility based on both PV or Hybrid (PV and Wind) RE technologies. These installations are meant to provide this energy for community uses, rather than home and private usage, with these uses (computing, telecommunications, lighting, water purification, etc.) aimed to increase the degree of development within the communities. Two different companies were awarded the installation of these systems, after an international tender procedure, where ITER played a technical advisor role for the EC's DG EuropeAid. In the present phase of the project, where the systems are being installed, ITER has designed a provisional acceptance procedure (PA), in which both remote and in-situ verifications are carried out. This procedure has been developed in conjunction with a web application in order to ensure both transparency and traceability either of all actions and all actors involved in the process (Companies, ITER, Technical Assistance, EC, Communities). This application is also meant to act as a central repository where all the technical and administrative information of each one of the 600 systems could be found. This paper describes in detail this procedure, how it has been designed and what are the outcomes of all the processes aimed to guarantee the technical quality and the sustainability of the systems. (orig.)

  2. IS READY ROMANIA FOR EURO ADOPTION? FROM STRUCTURAL CONVERGENCE TO BUSINESS CYCLE SYNCHRONIZATION

    Directory of Open Access Journals (Sweden)

    Marinas Marius - Corneliu

    2011-12-01

    Full Text Available The objective of this study is to identify gaps between economic and commercial structures between Romania and the euro area and to explain whether the results obtained justify recently decision to delay euro adoption beyond 2015. According to theory of optimum currency areas, the existence of similar economic structures, increasing trade integration and synchronization of business cycles with monetary union will provide greater symmetry of shocks between Romania and the euro area. If the shocks are more symmetrical, then common monetary policy of the European Central Bank will act as a tool to neutralize the shocks in the case of Romania, and the euro adoption would have fewer adverse effects. To meet the research objective, we have structured this paper into three parts. In the first part we referred to the importance of the proposed theme in the economic literature. In the second part, we used several statistical methods to identify how divergent is Romania relative to the euro area economies. The results obtained show increasing divergence between economic structures until 2009 year using the NACE 6 methodology. In fact, Romania has the most divergent structure in EU-27 countries, being characterized by lowest contribution of services to GDP. However, structural differences do not constitute an obstacle to euro adoption, as long as Romania becomes more commercially integrated with other European countries. Thus, Romania is the seventh economy in terms of trade with the EU-27 (73.3% of exports and 74.3% of imports, and the degree of convergence between the structure of exports and imports have increased significantly compared with 2000 year. In the third part, we estimated the degree of synchronization of business cycles between Romania and the euro area, based on Hodrick-Prescott filter. Results showed an increasing correlation of business cycles as a result of increasing industrial activity and export synchronization.

  3. Are pound and euro the same currency?

    International Nuclear Information System (INIS)

    Matsushita, Raul; Gleria, Iram; Figueiredo, Annibal; Silva, Sergio da

    2007-01-01

    Based on long-range dependence, some analysts claim that the exchange rate time series of the pound sterling and of an artificially extended euro have been locked together for years despite daily changes [M. Ausloos, K. Ivanova, Physica A 286 (2000) 353; K. Ivanova, M. Ausloos, False EUR exchange rates vs DKK, CHF, JPY and USD. What is a strong currency? in: H. Takayasu (Ed.), Empirical Sciences in Financial Fluctuations: The Advent of Econophysics, Springer-Verlag, Berlin, 2002, pp. 62-76]. They conclude that pound and euro are in practice the same currency. We assess the long-range dependence over time through Hurst exponents of pound-dollar and extended euro-dollar exchange rates employing three alternative techniques, namely rescaled range analysis, detrended fluctuation analysis, and detrended moving average. We find the result above (which is based on detrended fluctuation analysis) not to be robust to the changing techniques and parameterizing

  4. Scheduling EURO-k Conferences

    DEFF Research Database (Denmark)

    Stidsen, Thomas Jacob Riis; Pisinger, David; Vigo, Daniele

    2017-01-01

    , areas are assigned to buildings, making sure that related research areas are located close to each other. Next, the goal is to allocate each stream to only one room, and to ensure that the stream consists of a sequence of consecutive time slots. Finally, we optimize the assignment of room sizes. We...

  5. Limits to Arbitrage in Sovereign Bonds

    DEFF Research Database (Denmark)

    Pelizzon, Loriana; Subrahmanyam, Marti G.; Tomio, Davide

    the recent Euro-zone sovereign bond crisis and, surprisingly, find that: (i) even though the futures market leads the cash market in price discovery, the cash market leads the futures market in liquidity discovery, i.e., the willingness of market makers to trade (measured by market depth and bid-ask spread......), and (ii) the liquidity in the cash market, and not in the futures market, has a significant impact on the basis between the price of the futures contract and that of the cash bond that is cheapest to deliver. However, the interventions of the European Central Bank (ECB), during the Euro-zone crisis, had...

  6. Effect of ultraviolet light irradiation on bond strength of fiber post: Evaluation of surface characteristic and bonded area of fiber post with resin cement

    OpenAIRE

    Reza, Fazal; Ibrahim, Nur Sukainah

    2015-01-01

    Objective: Fiber post is cemented to a root canal to restore coronal tooth structure. This research aims to evaluate the effect of ultraviolet (UV) irradiation on bond strength of fiber post with resin cement. Materials and Methods: A total of 40 of the two types of fiber posts, namely, FRC Prostec (FRC) and Fiber KOR (KOR), were used for the experiment. UV irradiation was applied on top of the fiber post surface for 0, 15, 20, and 30 min. The irradiated surface of the fiber posts (n = 5) wer...

  7. Siracusa, EuroMediterranean Smart City

    Directory of Open Access Journals (Sweden)

    Luigi Minozzi

    2013-04-01

    Full Text Available About three years ago, the City of Siracusa has started a serious reflection about the crisis, about its model of development and its problems related to its territorial marginality. In this context, it lodged a service "Complex Programs and EU Policies" internal the Department of Public Works as the first embryo of the future Urban Center in Siracusa. The Smarter Cities Challenge program, sponsored by IBM, provides, for the years 2011-2012-2013 a selection through a call, a hundred cities around the world that offer a program of counseling on territorial issues, urban, social, exposed by the city in challenge. The program for 2012, selected Siracusa, the only Italian city in a hundred choices, with a theme that emphasizes the need to find methods (smart to integrate the two systems, the industrial and the historical, cultural, into the overall Siracusa system territorial. The advent of smart policies also confirms the trend that characterized the most evolved from the most marginal realities in Europe. For the realities of the Euro-Mediterranean area, such as Siracusa, the winners model’s urban policies originate from the most evolved and developed, where the economy is more structured and able to assume the active role of actors development and urban transformations. So, a universal language of transformations really exist? The same model development produces the same results everywhere, regardless the places and the people tribe? To promote smart Siracusa means, not only, economic innovation promotion, social inclusion and environmental sustainability, but also: Siracusa intends to strengthen its image as innovation land and to evolve into a center of excellence for smart policies.

  8. Cern faces 260m euro budget cuts

    CERN Multimedia

    Banks, Michael

    2010-01-01

    "The Cern particle-physics lab near Geneva is to slash about 260m euro ($340m) from its budget for 2011-2015. The cut, which was approved by Cern's council last month, will require the lab to scale back research into future particles accelerators" (0.5 page)

  9. EURO ZONE AND ITS MONETARY POLICY

    Directory of Open Access Journals (Sweden)

    Dorel Dumitru CHIRIŢESCU

    2010-03-01

    Full Text Available In this article I have tried to make a short presentation of the Euro Zone and it’s monetary policy. At the present moment the Euro Zone has 16 countries that have adopted the Euro as a national currency and also 4 small countries that have monetary agreements with their neighbours. The monetary policy represents all the regulations of the money supply and interest rates adopted by the European Central Bank in order to control the inflation rate and to stabilize a specific currency, in this case, the Euro. Stabilizing the inflation rate to certain levels is the main goal of the monetary policy. The monetary policy is the second policy, next to the fiscal one which in which a government, in this case the European Union’s official bodies, can impact the economic situation of the Eurozone. The fiscal policy represents the way a government spends, borrows or applies different types of taxes. The Monetary policy can be either expansionary, when unemployement and recessions needs to be combated, or contractionary, when inflation is conbated byt raising the interest rates.

  10. THE FORESIGHTS OF THE ADOPTION OF EURO

    Directory of Open Access Journals (Sweden)

    Claudia Loredana Juncu

    2012-06-01

    Full Text Available Even if the Euro critics showed the warning that the change of the national currency brings a loose of the control and the decision power about the monetary problems and the flexibility of the decisions, many consider that the adoption of the single currency would allow us to protect the economies from the external shocks. We have to eliminate the uncertainty, the high costs and we have to be able to avoid and / or manage the monetary fluctuations especially in situations like today’s economic crisis. One of the effects the crisis has created throughout the European Union and especially in Romania is connected with the return back in the country of the population that works in Western Europe and the reflux of money it implies. The structural problems of the Romanian economy that creates this workforce dynamic is to continue to affect the Euro adoption plan until significant solutions will be addressed in order to maintain the workforce in the country.Europe is facing a dilemma. For now there is a significant distrust in Euro. Romania needs to acknowledge the fact that a single European currency allows first of all the overpass of the actual internal fragmentation of the market and so to strengthen the national position in relation with the international. Romania can still be optimistic about the objective of adopting Euro if an efficient financial policy will be implemented.

  11. NOVOS ENFOQUES SOBRE O FORMATIVO EURO

    Directory of Open Access Journals (Sweden)

    Carlos Alexandre V. Gonçalves

    2016-01-01

    Full Text Available No presente artigo, discute-se o estatuto morfológico do formativo euro-, em construções como ‘euro-mercado’, ‘euro-cêntrico’ e ‘euro-trocínio’, observando como se comporta esse elemento morfológico em relação aos critérios propostos por Kastvosky (2009 e por Gonçalves & Andrade (2012 para diferenciar afixos de radicais. Com a realização deste trabalho, verifica-se em que medida o formativo comporta-se como radical e em que aspectos equivale a um afixo. Para tanto, procedeu-se à coleta de dados em dicionários (HOUAISS, 2009; COROMINAS & PASCUAL, 1980; CUNHA, 1982; MACHADO, 1967 e na rede mundial de computadores (uso da ferramenta eletrônica de busca Google. Recorreu-se, ainda, ao artigo de Correia (1989, que apresenta um apêndice com os dados utilizados para análise do formativo no português europeu. Palavras-chave: Morfologia. Composição. Derivação. Abstract In this paper, we discuss the status of the formative euro- in constructions as ‘euro-mercado’ (European market, ‘eurocêntrico’ (someone who finds the center of the world is the Europe and ‘eurotrocínio’ (sponsorship of Europe, noting how this element behaves in relation to morphological criteria proposed by Kastvosky (2009 and Goncalves & Andrade (2012 to differentiate affixes by radicals. With this work, we verify to what extent euro-behaves as a radical and in what respects is equivalent to an affix. Therefore, we collect data in dictionaries (HOUAISS, 2009; COROMINAS & PASCUAL, 1980; CUNHA, 1982; MACHADO, 1967 and in the World Wide Web (with the help of Google. We also used the paper by Correia (1989, which presents an appendix with the data used for the analysis of this formative in European Portuguese. Keywords: Morphology. Compounding. Derivation.

  12. Green and social bonds - A promising tool

    International Nuclear Information System (INIS)

    Blanc, Dominique; Barochez, Aurelie de; Cozic, Aela

    2013-11-01

    Issues of green bonds, socially responsible bonds and climate bonds are on the rise. Novethic estimates that some Euro 5 billion in such bonds has been issued since the start of 2013 by development banks, the main issuers of this type of debt. The figure is equal to over half of their total issues since 2007. Including local authorities, corporations and banks, a total Euro 8 billion of these bonds has been issued thus far in 2013. Given the size of the bond market, which the OECD estimated at Euro 95,000 billion in 2011, green and social bonds are still something of a niche but have strong growth potential. A number of large issues, from Euro 500 million to Euro 1 billion, were announced at the end of the year. Unlike conventional bonds, green and social bonds are not intended to finance all the activities of the issuer or refinance its debt. They serve instead to finance specific projects, such as producing renewable energy or adapting to climate change, the risk of which is shouldered by the issuer. This makes them an innovative instrument, used to earmark investments in projects with a direct environmental or social benefit rather than simply on the basis of the issuer's sustainable development policy. With financing being sought for the ecological transition, green and social bonds are promising instruments, sketching out at global level the shape of tools adapted to the financing of a green economy. On the strength of these advantages, the interest of responsible investors - the main target of green and social bond issuers - is growing fast. Judging by issuer press releases and the most commonly used currencies, the main subscribers today are US investors, among them CalSTRS and fund managers like Calvert Investment Management and Trillium Asset Management. European asset owners are also starting to focus on green and social bonds. A Novethic survey shows that 13% of them have already subscribed to such an issue or plan to do so. The present study

  13. The risks of Euro adoption in Romania – an analysis based on ten criteria

    Directory of Open Access Journals (Sweden)

    Marius-Corneliu MARINAŞ

    2013-01-01

    Full Text Available In this study, I have proposed and examined ten criteria to analyze the challenges of joining at Monetary Union, explaining the need to include them in government and multinational companies’ strategies. The criteria adopted in the case of Romania concern the potential impact of Euro adoption on economic activities, the common monetary policy effects on the Romanian economy, synchronization with the Euro area, labour market flexibility, as a tool of shocks adjustment etc. After stating each criterion, I have made a brief analysis of how that could affect the balance of costs and benefits of giving up own currency, using conclusions of the optimum currency areas theory.

  14. Euro roll rahvusvahelise valuutana / Tommaso Padoa-Schioppa

    Index Scriptorium Estoniae

    Padoa-Schioppa, Tommaso

    2003-01-01

    Autor käsitleb euro erakasutust rahvusvahelises ulatuses, analüüsib euro ametlikku rolli reservvaluutana välisvaluutareservide mitmekesistamise üleüldise arengu tingimustes ning vaatleb euro kasutamist euroalale geograafiliselt lähedastes piirkondades. Lühendatud tõlge autori kõnest 2002. aasta 22. novembril Frankfurdis toimunud Euroopa panganduskongressil

  15. THE IMPACT OF POLITICAL AND ECONOMIC NEWS ON THE EURO/RON EXCHANGE RATE: A GARCH APPROACH

    OpenAIRE

    Cristi Spulbar; Mihai Nitoi

    2012-01-01

    Within this study we try to capture the impact of political news and economic news from euro area on the exchange rate between Romanian currency and euro. In order to do this we used a GARCH model. As we observed, both variables influence the exchange rate, this fact implying national currency depreciation and a volatility growth. The political news and the economic news positively affect the euro/ron exchange rate volatility. The two factors conjugation, as it has happened in the recent peri...

  16. THE IMPACT OF POLITICAL AND ECONOMIC NEWS ON THE EURO/RON EXCHANGE RATE: A GARCH APPROACH

    Directory of Open Access Journals (Sweden)

    Mihai Niţoi

    2012-12-01

    Full Text Available Within this study we try to capture the impact of political news and economic news from euro area on the exchange rate between Romanian currency and euro. In order to do this we used a GARCH model. As we observed, both variables influence the exchange rate, this fact implying national currency depreciation and a volatility growth. The political news and the economic news positively affect the euro/ron exchange rate volatility. The two factors conjugation, as it has happened in the recent period is to be avoided because it can have financial and economic consequences with a very high cost for Romania.

  17. PUBLIC SERVICES AND THE EURO-REGIONAL COOPERATION

    Directory of Open Access Journals (Sweden)

    Badulescu Alina

    2012-07-01

    Full Text Available Besides the goods and private services, covering the specific needs of individual or groups based on specific mechanisms of demand and supply, human needs can be addressed also through public services. They are designed to meet the general interests of members of a community or society at large and established by public authorities, subject to certain fundamental principles of organization and operation, such as: the principle of efficiency, the principle of equity, the principle of continuity, the principle of movability and the principle of decentralization. In the same time, public services involve in many areas of economic and social life is not just a national issue, but also have characteristics and provision ways at international, regional and euro-regional level. This paper underlines the main areas of euro-regional co-operation interest in the public services sectors, such as: the sectors of environment, agriculture and territorial planning, the sectors of transportation, security and telecommunication, the sector of the economy and labour force, the sector of cross-border populations: social protection and public health, the sectors of education, research and culture.

  18. EuroSCORE II and STS as mortality predictors in patients undergoing TAVI

    Directory of Open Access Journals (Sweden)

    Vitor Emer Egypto Rosa

    2016-02-01

    Full Text Available SUMMARY Introduction: the EuroSCORE II and STS are the most used scores for surgical risk stratification and indication of transcatheter aortic valve implantation (TAVI. However, its role as a tool for mortality prediction in patients undergoing TAVI is still unclear. Objective: to evaluate the performance of the EuroSCORE II and STS as predictors of in-hospital and 30-day mortality in patients undergoing TAVI. Methods: we included 59 symptomatic patients with severe aortic stenosis that underwent TAVI between 2010 and 2014. The variables were analyzed using Student's t-test and Fisher's exact test and the discriminative power was evaluated using receiver operating characteristic curve (ROC and area under the curve (AUC with a 95% confidence interval. Results: mean age was 81±7.3 years, 42.3% men. The mean EuroSCORE II was 7.6±7.3 % and STS was 20.7±10.3%. Transfemoral procedure was performed in 88.13%, transapical in 3.38% and transaortic in 8.47%. In-hospital mortality was 10.1% and 30-day mortality was 13.5%. Patients who died had EuroSCORE II and STS higher than the survivors (33.7±16.7vs. 18.6±7.3% p=0,0001 for STS and 13.9±16.1 vs. 4.8±3.8% p=0.0007 for EuroSCORE II. The STS showed an AUC of 0.81 and the EuroSCORE II of 0.77 and there were no differences in the discrimination ability using ROC curves (p=0.72. Conclusion: in this cohort, the STS and EuroSCORE II were predictors of in-hospital and 30-days mortality in patients with severe aortic stenosis undergoing TAVI.

  19. Euro Banknote Recognition System for Blind People.

    Science.gov (United States)

    Dunai Dunai, Larisa; Chillarón Pérez, Mónica; Peris-Fajarnés, Guillermo; Lengua Lengua, Ismael

    2017-01-20

    This paper presents the development of a portable system with the aim of allowing blind people to detect and recognize Euro banknotes. The developed device is based on a Raspberry Pi electronic instrument and a Raspberry Pi camera, Pi NoIR (No Infrared filter) dotted with additional infrared light, which is embedded into a pair of sunglasses that permit blind and visually impaired people to independently handle Euro banknotes, especially when receiving their cash back when shopping. The banknote detection is based on the modified Viola and Jones algorithms, while the banknote value recognition relies on the Speed Up Robust Features (SURF) technique. The accuracies of banknote detection and banknote value recognition are 84% and 97.5%, respectively.

  20. Euro Banknote Recognition System for Blind People

    Directory of Open Access Journals (Sweden)

    Larisa Dunai Dunai

    2017-01-01

    Full Text Available This paper presents the development of a portable system with the aim of allowing blind people to detect and recognize Euro banknotes. The developed device is based on a Raspberry Pi electronic instrument and a Raspberry Pi camera, Pi NoIR (No Infrared filter dotted with additional infrared light, which is embedded into a pair of sunglasses that permit blind and visually impaired people to independently handle Euro banknotes, especially when receiving their cash back when shopping. The banknote detection is based on the modified Viola and Jones algorithms, while the banknote value recognition relies on the Speed Up Robust Features (SURF technique. The accuracies of banknote detection and banknote value recognition are 84% and 97.5%, respectively.

  1. The euro and the European Central Bank

    OpenAIRE

    Jeffrey M. Wrase

    1999-01-01

    The formation of a monetary union by 11 European countries has received a lot of notice from the press since January 1, 1999, when the union's common currency, the euro, was officially introduced. To facilitate adoption of a single currency, these same countries have established a central bank that sets a common monetary policy for the members of the monetary union. In this article, Jeff Wrase gives some background on the European monetary union, outlines the procedure for introduction of the...

  2. EURO - Before Yesterday, Yesterday, Today, Tomorrow...

    OpenAIRE

    Sylwia Pangsy-Kania

    2002-01-01

    The article was divided into four integrally connected parts concerning the EURO: before yesterday, yesterday, today and tomorrow. On the 1st January 2002 the common European currency became a fact. In eleven European countries there appeared jointly over 13 billion banknotes and 76 billion coins. The introduction of a common currency in the countries of the European Union is the greatest financial operation in world history with such a huge scale and degree of complication. Before yesterdayŠ...

  3. Wind power in the Euro-Mediterranean region: development and prospects; Energia eolica en la region euromediterranea: desarrollo y perspectivas

    Energy Technology Data Exchange (ETDEWEB)

    Fernandez Latorre, F. M.; Ventura Fernandez, J.

    2011-07-01

    This work is a first approach to wind development in the Euro-Mediterranean region and identifies the major initiatives underway as well as development conditions. It includes a study case of wind power management in the Strait of Gibraltar area. Wind development is analyzed in the Euro-Mediterranean territories by comparing Spanish regions with different States using various indicators. Key countries are noted for their potential and policies to promote wind based alternatives. (Author)

  4. ROMANIA’S FISCAL STRUCTURE IN VIEW OF EURO ADOPTION. A MULTIDIMENSIONAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    Maria-Isadora Lazar

    2014-04-01

    Full Text Available The aim of this paper is to conclude whether the adoption of the single currency induced a trend of structural resemblance, and if so, to determine groups of countries with similar fiscal structures inside the Euro Area. Taking into consideration total revenues, indirect taxation, direct taxation and social contributions, we analyzed primary data and completed it with multidimensional classification. Having in view Romania’s objective of adopting Euro currency we aim to establish to which subgroup is Romania more similar in terms of fiscal structure and whether this resemblance enhanced since the accession to the European Union.

  5. Adopting the euro: Romanian perspectives in the context of the global financial crisis

    Directory of Open Access Journals (Sweden)

    Oros, A.

    2013-06-01

    Full Text Available The objective of this paper is to examine Romania’s capacity to fulfil the nominal convergence criteria in the current context, in order to follow the calendar proposed for euro adoption in 2015. The paper analyzed the evolution of all five criteria under the impact of the current financial crisis and also looked at the forecast provided by national and international authorities. The study was conducted considering the relative situation with the euro area. The main finding is that the actual target for euro adoption could be complied with, provided further progress is made. We have also fond that the target should be achieved as it would represent a strong stimulus for the local government to implement additional measures to reduce public indebtedness and inflationary pressure.

  6. Euro-Mediterranean Partnership; State of affairs and key policy and research issues

    NARCIS (Netherlands)

    Kuiper, M.H.; dell' Aquila, C.

    2004-01-01

    This study draws on a body of existing literature to take stock of the Euro-Mediterranean Partnership (EMP), which focuses on establishing a Mediterranean Free Trade Area. Despite considerable scope for reducing barriers on Mediterranean trade, current agreements are limited to a quasi-unilateral

  7. Real-world NOx emissions of Euro V and Euro VI heavy duty vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Vermeulen, R.; Dekker, H.; Vonk, W.

    2012-04-15

    TNO regularly performs measurements to determine the in-service performance and durability with respect to the pollutant emissions of heavy-duty vehicles under representative driving conditions. The 2011 measurement programme yields new insights regarding the emission performance of the upcoming Euro VI technology for heavy-duty vehicles, mandatory as of 31 December 2013 and, together with the results from earlier performed programmes, leads to conclusions on the emission performance of past and present generations of heavy-duty vehicles (Euro V, EEV)

  8. Nierównowagi fiskalne i makroekonomiczne w strefie euro a nowe rozwiązania instytucjonalne

    Directory of Open Access Journals (Sweden)

    Grzegorz Tchorek

    2013-06-01

    Full Text Available Purpose: The main objective of the article is to assess the impact of new regulations introduced in the EU and the euro area in the face of the economic and financial crisis. Methodology: Literature review related to the functioning of the euro area, roots of the global crisis and financial market integration. The critical literature review was focused on two issues: identification of the causes of fiscal and macroeconomic imbalances in the euro area and assessment of the implemented instruments designed to prevent them.Findings: The basic feature of the six-pack measures and the European Semester, which complements them, is deeper coordination of macroeconomic, structural and competitiveness policies among Member States. Adopted measures are a big step towards strengthening the economic pillar of the monetary union. However, the progress and quality of their implementation will be critical in improving economic governance in the EU.Research implications: identification of strengths and weaknesses of the adopted reforms allows for using these results in the assessment of the balance of costs and benefits of the future functioning of the euro area as well as the implications for macroeconomic policies in the countries intending to join the euro area.Originality: The author tries to provide an overview of the roots of the crisis in the euro area with the assessment of the reforms aiming to prevent similar crises in the future. The arguments presented in the article are against the view that the main reason for the crisis was a weak fiscal policy of the euro area countries.

  9. EURO2008 - practical information from the police

    CERN Document Server

    2008-01-01

    The Geneva cantonal police have set up a toll-free telephone line to deal with questions and requests from the public as rapidly and simply as possible. The number is 0800 800 844, and the line will be open from 8 a.m. to 2 a.m. every day from 2 June to 30 June 2008. 0800 800 844 Detailed security recommendations for the individual matches will be posted at http://www.ge.ch/euro2008/securite/securite_en.asp

  10. EURO2008 - Informations utiles de la police

    CERN Document Server

    DSU Department

    2008-01-01

    (English version next week) Durant le mois de juin, afin de garantir une proximité maximale, la Police cantonale genevoise répond à toutes les questions et sollicitations avec un numéro de téléphone vert gratuit du 2 au 30 juin 2008, de 08h00 à 02h00 au 0800 800 844 Vous trouverez toutes les informations utiles concernant la sécurité, match par match, sur le site http://www.ge.ch/euro2008/securite/securite.asp

  11. Modular system design for plastic euro pallets

    Directory of Open Access Journals (Sweden)

    J. Tepić

    2012-04-01

    Full Text Available Although pallet, as a tool, yields significant and widely recognized economic effects in production and distribution systems, it is still not fully utilized, indicating that it needs to be defined and developed as a specific product. Euro pallet product was designed using PRO/ENGINEER software system CAD module, as one of the most popular Cax systems, yielding a pallet of novel modular design that meets all the operational requirements of the existing range. The chosen material ensures high pallet longevity and durability, in line with the concept of sustainable development.

  12. Safety assessment by Euro NCAP - objective test procedures instead of subjective inspection; Die Sicherheitsbewertung durch Euro NCAP - objektive Testverfahren statt subjektiver Fahrzeuginspektion

    Energy Technology Data Exchange (ETDEWEB)

    Seeck, A. [Bundesanstalt fuer Strassenwesen, Bergisch Gladbach (Germany); Klanner, W. [ADAC Technik Zentrum Landsberg (Germany)

    2001-07-01

    Development of objective testing procedures which may be able to replace subjective inspection of a vehicle following a crash test ist being pursued by Euro NCAP to an increasing degree. Three examples were given to show the capabilities as well as the difficulties connected with description of objective criteria and test procedures. Airbag bottoming-out was described pragmatically and clearly with the aid of criteria based on acceleration measurements in the head of the dummy. These criteria could therefore already be taken into consideration in development and layout of airbags. Practical testing at Euro NCAP has shown that head side airbags can provide considerably different protective effects in terms of accident reality during pole side impact and that these effects cannot always be recorded and differentiated using the evaluation criteria defined to date. For this reason extended and new evaluation criteria have been defined which allow differentiation of such systems. However, it was also found that marginal situations can occur which are difficult to evaluate. However, since such marginal situations can be described, it should be possible for automobile manufacturers in the future to design a system which is no longer devaluated by a modifier in cases of doubt. Evaluation of the knee impact area on the dashboard has probably caused the greatest criticism from the automotive industry to date regarding subjective inspection within the scope of Euro NCAP evaluation. A new committee from Euro NCAP is presently making efforts to define an objective test procedure with which modifiers resulting from the inspection can be refuted subsequently where applicable. However, since the knee mapping situation is very complex, it will probably not be possible to find an absolutely correct test procedure. On the contrary, a pragmatic procedure will probably be found which can then supply objective and comparable readings. This would then provide a testing method which would

  13. Markup heterogeneity, export status ans the establishment of the euro

    OpenAIRE

    Guillou , Sarah; Nesta , Lionel

    2015-01-01

    We investigate the effects of the establishment of the euro on the markups of French manufacturing firms. Merging firm-level census data with customs data, we estimate time-varying firm-specific markups and distinguish between eurozone exporters from other firms between 1995 and 2007. We find that the establishment of the euro has had a pronounced pro-competitive impact by reducing firm markups by 14 percentage points. By reducing export costs, the euro represented an opp...

  14. Perception of Euro in Poland – Economic and Psychological Factors

    Directory of Open Access Journals (Sweden)

    Marcin Matyja

    2014-12-01

    Full Text Available Purpose: Diagnosis of the opportunities and threats associated with the introduction of the euro in Poland was the main focus of this study. The research had two main objectives: exploratory and operational. The exploratory objective was to capture the structure of convictions affecting Poles’ attitudes toward the introduction of the euro. The operational objective was to verify which of those convictions have the most infl uence on the lack of support for the introduction of the euro. Methodology: The research was conducted with a national random sample (n=509 of Polish citizens. The CAPI/ CASI face-to-face questionnaire was used. Findings: There exists a multi-level structure of attitudes towards the euro. The attitude toward the introduction of the euro is explained by attitudes toward the euro and the Polish zloty, perceived gains and losses from introduction of the euro and life attitudes. One cannot force another individual to support the introduction of the euro. However, one can act upon the convictions of the nation, which has a major impact on raising euro acceptance. The most impact is from strengthening of national beliefs, which strongly and positively affect the level of euro acceptance, whereas any reduction lowers the acceptance of the introduction of a new currency. Limitations: As any other social phenomena, money perception is very dynamic and dependent on current political and social issues. Therefore, despite the fact that the model seems to defi ne the factors and their influence on euro perception very accurately, it is essential that every time it is applied, the current state of mind of the society is measured. Furthermore, additional research should be conducted for groups deviating from the average results for the society. Originality: The practical aspect of this research is the opportunity to point out convictions, which need to be modified to increase euro acceptance.

  15. Dilution effects on ultrafine particle emissions from Euro 5 and Euro 6 diesel and gasoline vehicles

    Science.gov (United States)

    Louis, Cédric; Liu, Yao; Martinet, Simon; D'Anna, Barbara; Valiente, Alvaro Martinez; Boreave, Antoinette; R'Mili, Badr; Tassel, Patrick; Perret, Pascal; André, Michel

    2017-11-01

    Dilution and temperature used during sampling of vehicle exhaust can modify particle number concentration and size distribution. Two experiments were performed on a chassis dynamometer to assess exhaust dilution and temperature on particle number and particle size distribution for Euro 5 and Euro 6 vehicles. In the first experiment, the effects of dilution (ratio from 8 to 4 000) and temperature (ranging from 50 °C to 150 °C) on particle quantification were investigated directly from tailpipe for a diesel and a gasoline Euro 5 vehicles. In the second experiment, particle emissions from Euro 6 diesel and gasoline vehicles directly sampled from the tailpipe were compared to the constant volume sampling (CVS) measurements under similar sampling conditions. Low primary dilutions (3-5) induced an increase in particle number concentration by a factor of 2 compared to high primary dilutions (12-20). Low dilution temperatures (50 °C) induced 1.4-3 times higher particle number concentration than high dilution temperatures (150 °C). For the Euro 6 gasoline vehicle with direct injection, constant volume sampling (CVS) particle number concentrations were higher than after the tailpipe by a factor of 6, 80 and 22 for Artemis urban, road and motorway, respectively. For the same vehicle, particle size distribution measured after the tailpipe was centred on 10 nm, and particles were smaller than the ones measured after CVS that was centred between 50 nm and 70 nm. The high particle concentration (≈106 #/cm3) and the growth of diameter, measured in the CVS, highlighted aerosol transformations, such as nucleation, condensation and coagulation occurring in the sampling system and this might have biased the particle measurements.

  16. Sequential assimilation of satellite-derived vegetation and soil moisture products using SURFEX_v8.0: LDAS-Monde assessment over the Euro-Mediterranean area

    Directory of Open Access Journals (Sweden)

    C. Albergel

    2017-10-01

    Full Text Available In this study, a global land data assimilation system (LDAS-Monde is applied over Europe and the Mediterranean basin to increase monitoring accuracy for land surface variables. LDAS-Monde is able to ingest information from satellite-derived surface soil moisture (SSM and leaf area index (LAI observations to constrain the interactions between soil–biosphere–atmosphere (ISBA, Interactions between Soil, Biosphere and Atmosphere land surface model (LSM coupled with the CNRM (Centre National de Recherches Météorologiques version of the Total Runoff Integrating Pathways (ISBA-CTRIP continental hydrological system. It makes use of the CO2-responsive version of ISBA which models leaf-scale physiological processes and plant growth. Transfer of water and heat in the soil rely on a multilayer diffusion scheme. SSM and LAI observations are assimilated using a simplified extended Kalman filter (SEKF, which uses finite differences from perturbed simulations to generate flow dependence between the observations and the model control variables. The latter include LAI and seven layers of soil (from 1 to 100 cm depth. A sensitivity test of the Jacobians over 2000–2012 exhibits effects related to both depth and season. It also suggests that observations of both LAI and SSM have an impact on the different control variables. From the assimilation of SSM, the LDAS is more effective in modifying soil moisture (SM from the top layers of soil, as model sensitivity to SSM decreases with depth and has almost no impact from 60 cm downwards. From the assimilation of LAI, a strong impact on LAI itself is found. The LAI assimilation impact is more pronounced in SM layers that contain the highest fraction of roots (from 10 to 60 cm. The assimilation is more efficient in summer and autumn than in winter and spring. Results shows that the LDAS works well constraining the model to the observations and that stronger corrections are applied to LAI than to SM. A

  17. MONEY: FROM STATISTICAL DEFINITION TO MONETARY POLICY FOR ADOPTING EURO.

    Directory of Open Access Journals (Sweden)

    Zapodeanu Daniela

    2011-07-01

    Full Text Available Abstract: The evolution of monetary aggregates is closely related to the economic cycle, especially the evolution of GDP. The study aims to analyse the primary monetary aggregates (M1, the secondary (M2 and the tertiary (M3 in three Central and Eastern European countries: Romania, Bulgaria and Poland. The countries were chosen as follows: Romania and Bulgaria on the basis of the economic and geographical closeness and Poland as a benchmark for the first group. The data used are money supply, monetary aggregates: primary, secondary and tertiary, in Romania, Poland and Bulgaria, for the period January 2004 - March 2011, the monthly series are obtained from central bank websites, Poland's Central Bank and Bulgarian National Statistical Institute. The evolution of monetary aggregates of the three countries was compared with the Euro area and it was noticed a high degree of similarity between countries more developed economically as compared to less developed countries. From the viewpoint of optimum currency areas, it is necessary that the countries that adopt the Euro would respond symmetrically to external shocks and also have similar economic behaviour. Our study aims, in this respect, to analyse the components and the characteristics of the monetary aggregates, as well as the trends existing within them. The analysis of the correlation between monetary aggregates will show how the way in which the monetary mass and aggregates behave and which the sense of connection established between these countries is. We find that Romania and Bulgaria have a similar comportment, the correlation between these being the highest, we observe some differences between Romania and Bulgaria versus Poland.

  18. Monetary and Fiscal Policy Interactions in the Euro Area

    National Research Council Canada - National Science Library

    Carlberg, Michael

    2004-01-01

    .... The focus is on the union central bank, the German government, and the French government. The policy targets are price stability in the union, fall employment in Germany, and fall employment in France...

  19. Monetary and Fiscal Policy Interactions in the Euro Area

    Science.gov (United States)

    2004-03-01

    Balassa - Samuelson -Effekt, Nr. 3/2002, erschienen in: Stefan Reitz (Hg.): Theoretische und wirtschaftspolitische Aspekte der internatio- nalen Integration...156, 2000, S. 646-660. Friihere Diskussionsbeitriige zur Finanzwissenschaft Josten, Stefan, Crime, Inequality, and Economic Growth. A Classical Argument

  20. Inflation persistence : euro area and new EU member states

    Czech Academy of Sciences Publication Activity Database

    Franta, Michal; Saxa, Branislav; Šmídková, K.

    -, č. 810 (2007), s. 1-39 ISSN 1725-2806 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : inflation persistence * new EU member states * time varying mean Subject RIV: AH - Economics http://www.ecb.int/pub/pdf/scpwps/ecbwp810.pdf

  1. Bank output measurement in the euro area : A modified approach

    NARCIS (Netherlands)

    Colangelo, A.; Inklaar, R.

    Banks do not charge explicit fees for many of the services they provide, bundling the service payment with the offered interest rates. This output therefore has to be imputed using estimates of the opportunity cost of funds. We argue that rather than using the single short-term, low-risk interest

  2. The Euro Crisis in Online Media

    DEFF Research Database (Denmark)

    Uldam, Julie; Kaun, Anne

    2013-01-01

    While Scandinavian countries may be coping with the Euro crisis relatively better than most other European countries, they are far from unaffected. Nonetheless, the mainstream media have represented Scandinavia and Sweden as prime examples of resilience at a governmental level (i.e. the ability...... of a national economy to withstand, adapt and overcome the financial crisis), disregarding the consequences of growing inequalities and the dismantling of welfare state. Consequently, reports on resilience at the civil society level (i.e. the ability of citizens and communities to withstand, adapt and overcome...... the financial crisis) remain largely absent from mainstream media reports. Instead, civil society initiatives that respond to the consequences of the crisis have to rely on self-representation and sharing of resources in online media. One example is the Swedish grassroots organisation, Megafonen....

  3. Multinational cash management and conglomerate discounts in the euro zone

    NARCIS (Netherlands)

    Eije, Henk von; Westerman, Wim

    2001-01-01

    We discuss the impact of liberalisation, deregulation and the introduction of a single currency on cash management within multinationals in the euro zone. The developments in the euro zone reduce financial market imperfections in transferring cash and diminish the need for separate local cash

  4. EuroGOV: Engineering a Multilingual Web Corpus

    NARCIS (Netherlands)

    Sigurbjörnsson, B.; Kamps, J.; de Rijke, M.

    2005-01-01

    EuroGOV is a multilingual web corpus that was created to serve as the document collection for WebCLEF, the CLEF 2005 web retrieval task. EuroGOV is a collection of web pages crawled from the European Union portal, European Union member state governmental web sites, and Russian government web sites.

  5. The Euro: Future Prospects and Consideration for Non-Euro Countries

    OpenAIRE

    Farhad Ghannadian; Irina Penovska

    2011-01-01

    Problem statement: Many more Central and Eastern European Countries (CEEC) have decided to adopt the euro. Given the attraction and uncertainties associated with moving into a common currency, the potential gains and losses of a currency adoption was of academic and political interest. The economic impact of implementing a common currency was examined by studying the before and after of those countries that have joined the currency union utilizing data from Eurostat. ...

  6. THE CERN HEALTH INSURANCE SCHEME AND THE EURO

    CERN Document Server

    Human Resources Division

    2002-01-01

    Since 1 January 2002, the euro is the common currency of 12 European countries and some 300 million people. Of course, such a change has some consequences on our Health Insurance Scheme. As you know, when filling in the medical expenses claim form, you are required to indicate a currency code, i.e. the currency in which you have incurred medical expenses. You may have noticed that the euro is not yet on the list of currencies which appear on the bottom left of the existing form. This will be changed very soon, once the stock of existing forms has been used up. Until then, please note that the currency code for the euro is 002 (easy to remember since the code for the Swiss franc is 001). If you forget this code, don't worry! Just indicate «euro» next to the amount of your medical bill, or simply use the euro symbol!

  7. Long-memory exchange rate dynamics in the euro era

    International Nuclear Information System (INIS)

    Barkoulas, John T.; Barilla, Anthony G.; Wells, William

    2016-01-01

    We investigate the long-run dynamics of a system of eight major exchange rates in the euro era using both integer and fractional cointegration methodologies. Contrary to the fragile evidence in the pre-euro era, robust evidence of linear cointegratedness is obtained in the foreign exchange market during the euro era. Upon closer examination, deviations from the cointegrating relationship exhibit nonstationary, long-memory dynamic behavior (Joseph effect). We find the long-memory evidence to be temporally stable in the most recent era. Finally, the foreign exchange system dynamics appears to be characterized by less persistence (smaller fractional exponent) in the euro era (as compared to pre-euro time periods), potentially indicating increased policy coordination by central banks in the recent period.

  8. Power and Changing Modes of Governance in the Euro Crisis

    DEFF Research Database (Denmark)

    Carstensen, Martin B.; Schmidt, Vivien

    2017-01-01

    Which European Union actors are most powerful in the governance of the euro crisis? The euro crisis has reignited the classic debate between intergovernmentalists, who tend to stress the coercive power of dominant member states in the European Council, and supranationalists, who maintain that thr......Which European Union actors are most powerful in the governance of the euro crisis? The euro crisis has reignited the classic debate between intergovernmentalists, who tend to stress the coercive power of dominant member states in the European Council, and supranationalists, who maintain...... that through the use of institutional power, the Commission, and the European Central Bank turned out the “winners” of the crisis. This article argues that euro crisis governance is best understood not just in terms of one form of power but instead as evolving through different constellations of coercive...

  9. Avrupa Merkez Bankası'nın (AMB Euro Yönetimindeki Etkinlik Sorununun Analizi ( Efficiency Management Problem Of European Central Bank (ECB About The Euro

    Directory of Open Access Journals (Sweden)

    Hüseyin ÖZDEŞER

    2015-12-01

    Full Text Available The necessity of a monetary integration process in the European Union is inarguable. Monetary Union has a corner stone role for letting Economy in the EU to act as a whole. Only 19 members of the EU take place in the Euro Zone. In this case; there is a long time needed for completion the monetary integration process. European Central Bank (ECB which is responsible for the monetary policy application in Euro Zone, will have serious weakness and desperation and having them is inevitable; because the economic and political integration of the EU is not completed yet. All kinds of conflicts in political and economic integration process of the EU and economic crises, will have negative impacts on the EU and also on Euro. ECB is helpless about any negative developments that take place or may take place in European Monetary Union (EMU Area and it does not have an efficient intervention chance for preventing the negative impacts occurring on the Euro. The aim of the study is to present the weakness and desperation of the ECB about applying policies for a stable Euro. Avrupa Birliği'nde (AB Parasal Birlik sürecinin gerekliliği tartışılmazdır. Parasal Birlik; ekonominin AB içerisinde bir bütünsel olarak hareketliliğinin sağlanabilmesi açısından köşe taşı niteliğindedir. AB'nde şu an için toplam 28 olan AB üyesi ülkeden yalnızca 19 üye euro bölgesinde yer almaktadır. Bu durum parasal entegrasyonun tamamlanabilmesi için uzun süreye ihtiyaç olduğunun göstergesidir. Euro bölgesinde para politikalarının uygylanmasından sorumlu olan Avrupa Merkez Bankası (AMB, AB'nin ekonomik ve siyasi entegrasyonunun tamamlanmamasından dolayı ciddi zaaflar ve çaresizlikler yaşamaktadır; ve yaşaması da kaçınılmazdır. AB ve euro bölgesinde yaşanan her türlü sayasi ve ekonomik entegrasyon süreçlerindeki çatışmalar ve aynı zamanda ekonomik krizler; AB'ni ve euroyu olumsuz etkilemektedir. Yalnızca euronun y

  10. Saving Euro by dividing Europe in multiple OCA’s

    Directory of Open Access Journals (Sweden)

    Dimitrios K. Dapontas

    2013-04-01

    Full Text Available On the aftermath of the global credit crunch was made clear thatthe Euro countries debtcrisis shows that the EMU is far from being an Optimal Currency Area (OCA under its current form.The countries accepted bailouts from their counterparts and international organizations in order toprevent the Eurozone collapse spreading the crisis further. Can the breakup to multiple areas help asTootel(1990 suggested?Three possible sets of OCA scenarios are analyzed along with thedemolition scenario. The breakup of the Eurozone to two currencies consisting possible OCAs alongwith a second one adding all the EU members and a third one applying in small regions. Thescenarios are analyzed by using eleven equally weighted optimum area criteria to make Eurozone asingle or a set of sustainable OCAs. These type and extension scenarios are presented for the firsttime for EU countries finding possible sets of independent country groups. The results show that theasymmetries lead to the crisis persist in a possible two or more “euros” area and this scenario cost ishigher than uniondissolution’s. Europe cannot become in its current form a set of OCAs under anycircumstances.

  11. Stabilization Using Phosphate Bonded Ceramics. Salt Containing Mixed Waste Treatment. Mixed Waste Focus Area. OST Reference No. 117

    International Nuclear Information System (INIS)

    1999-01-01

    Throughout the Department of Energy (DOE) complex there are large inventories of homogeneous mixed waste solids, such as wastewater treatment residues, fly ashes, and sludges that contain relatively high concentrations (greater than 15% by weight) of salts. The inherent solubility of salts (e.g., nitrates, chlorides, and sulfates) makes traditional treatment of these waste streams difficult, expensive, and challenging. One alternative is low-temperature stabilization by chemically bonded phosphate ceramics (CBPCs). The process involves reacting magnesium oxide with monopotassium phosphate with the salt waste to produce a dense monolith. The ceramic makes a strong environmental barrier, and the metals are converted to insoluble, low-leaching phosphate salts. The process has been tested on a variety of surrogates and actual mixed waste streams, including soils, wastewater, flyashes, and crushed debris. It has also been demonstrated at scales ranging from 5 to 55 gallons. In some applications, the CBPC technology provides higher waste loadings and a more durable salt waste form than the baseline method of cementitious grouting. Waste form test specimens were subjected to a variety of performance tests. Results of waste form performance testing concluded that CBPC forms made with salt wastes meet or exceed both RCRA and recommended Nuclear Regulatory Commission (NRC) low-level waste (LLW) disposal criteria. Application of a polymer coating to the CBPC may decrease the leaching of salt anions, but continued waste form evaluations are needed to fully assess the deteriorating effects of this leaching, if any, over time.

  12. Use of EuroSCORE as a predictor of morbidity after cardiac surgery

    Science.gov (United States)

    Andrade, Isaac Newton Guimarães; de Moraes Neto, Fernando Ribeiro; Andrade, Tamirys Guimarães

    2014-01-01

    Objective To evaluate the use of the EuroSCORE as a predictor of postoperative morbidity after cardiac surgery. Methods We retrospectively analyzed the charts of 900 patients operated on and admitted to the intensive care unit postoperatively at the Royal Portuguese Hospital of Recife. We included all patients with complete medical records, excluding those who died during surgery, underwent transplantation or correction of congenital heart disease. We evaluated the development of respiratory infection, cerebrovascular accident, and dialysis-dependent renal failure, and the EuroSCORE was compared in terms of the three complications using the Mann-Whitney test. The calibration model for predicting the morbidities being studied was evaluated using the test set of Homer-Lemeshow goodness. The accuracy of the model was assessed using the area under the ROC curve (AUROC). Results The model showed good calibration in predicting respiratory infection, acute renal failure and stroke (P=0.285, P=0.789, P=0.45, respectively), with good accuracy for respiratory infection (AUROC=0.710 and P<0.001) and dialysis-dependent renal failure (AUROC=0.834 and P<0.001), but no accuracy to predict stroke (AUROC=0.519). The high-risk patients were more likely to develop respiratory infection (OR=9.05, P<0.001) and dialysis-dependent renal failure (OR=39.6, P<0.001). The probability of developing respiratory infection and dialysis-dependent renal failure was less than 10% with EuroSCORE up to 7 and more than 70% with EuroSCORE greater than 15. Conclusion EuroSCORE proved to be a good predictor of major postoperative morbidity in cardiac surgery: respiratory and dialysis-dependent renal failure. PMID:24896157

  13. Bond Issues.

    Science.gov (United States)

    Pollack, Rachel H.

    2000-01-01

    Notes trends toward increased borrowing by colleges and universities and offers guidelines for institutions that are considering issuing bonds to raise money for capital projects. Discussion covers advantages of using bond financing, how use of bonds impacts on traditional fund raising, other cautions and concerns, and some troubling aspects of…

  14. Persuasive Technology for Learning and Teaching – The EuroPLOT Project

    OpenAIRE

    Behringer, R; Soosay, M; Gram-Hansen, SB; Øhrstrøm, P; Sørensen, CG; Smith, C; Mikulecká, J; Winther-Nielsen, N; Winther-Nielsen, M; Herber, E

    2013-01-01

    The concept of persuasive design has demonstrated its benefits by changing human behavior in certain situations, but in the area of education and learning, this approach has rarely been used. To change this and to study the feasibility of persuasive technology in teaching and learning, the EuroPLOT project (PLOT = Persuasive Learning Objects and Technologies) has been funded 2010-2013 by the Education, Audiovisual and Culture Executive Agency (EACEA) in the Life-long Learning (LLL) programme....

  15. Ordoliberalism and the macroeconomic policy in the face of the euro crisis

    OpenAIRE

    Michal Moszynski

    2015-01-01

    The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from Anglo-Saxon countries. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy, especially fiscal stimulus in the Keynesian-style, quantitative easing monetary policy of the ECB, the question of financial assistance to Greece and restructuring its debt. The other areas of difference are the approach to ...

  16. Il cambio dollaro/euro, il prezzo del petrolio e la Banca Centrale Europea (Dollar/Euro Exchange Rate, Oil Price and the European Central Bank

    Directory of Open Access Journals (Sweden)

    Stefano Sylos Labini

    2000-09-01

    Full Text Available In this paper an analysis on dollar/euro exchange rate, oil price and European Central Bank monetary policy is worked out. Firstly, data on the main variables related with the exchange rate and an equation to explain the variation of the exchange rate in the period March 1998-September 2000 are presented; secondly, the consequences of oil price growth and eurodevaluation on the US and European economies are taken into account; lastly, different policy strategies to stop eurodevaluation are discussed. The European Central Bank strategy, that consists of small increases of the interest rate, is not reaching any result. An alternative strategy is based on innovative public demand, that should be financed by European bonds using "central bank excess funds" as security. Public demand of infrastructures and new technologies should aim at reducing oil dependence and would stimulate growth and sustainable development in Europe, with positive effects on the exchange rate.

  17. Book Review: Restorative justice and victimology: Euro-Africa ...

    African Journals Online (AJOL)

    Abstract. Title: Restorative Justice and Victimology: Euro-Africa Perspectives, Author: Dr Don John O. Omale, Publisher: Wolf Publishers, Price: R354, Pages: 221, Availability: Published, ISBN: 978-90-5850-861-4 ...

  18. Psychological costs of currency transition: evidence from the euro adoption

    Czech Academy of Sciences Publication Activity Database

    Otrachshenko, V.; Popova, Olga; Tavares, J.

    2016-01-01

    Roč. 45, December (2016), s. 89-100 ISSN 0176-2680 Institutional support: RVO:67985998 Keywords : Euro introduction * currency changeover * subjective well-being Subject RIV: AH - Economics Impact factor: 1.098, year: 2016

  19. Revisiting sovereign bond spreads’ determinants in the EMU

    OpenAIRE

    Afonso, António; Reis, Manuel

    2016-01-01

    We study the determinants of 10-year sovereign bond yield spreads of 11 EMU member states, covering the lifetime of the euro, up until the end of 2014. Panel and SUR analyses coupled with qualitative variables show that the pricing of European debt has not been static across time and EMU countries, and market participants became increasingly aware of macro- economic and fiscal fundamentals.

  20. 28 milliards d’euros, c’est grand comment ?

    OpenAIRE

    Ozer, Pierre; Salmon, Marc; Theunissen, Yannick

    2009-01-01

    J’ouvre mon quotidien. Fortis : 28 milliards d’euros de pertes en 2008. Ma fille de sept ans qui commence à lire et pose sans cesse des questions sur tout me lance : « Dis-moi, papa : 28 milliards d’euros, c’est grand comment ? ». Grande question… Je réfléchis et tente de trouver une parade parlante pour un enfant qui, in fine, se pose les mêmes questions que les grandes personnes.

  1. Parental Bonding

    Directory of Open Access Journals (Sweden)

    T. Paul de Cock

    2014-08-01

    Full Text Available Estimating the early parent–child bonding relationship can be valuable in research and practice. Retrospective dimensional measures of parental bonding provide a means for assessing the experience of the early parent–child relationship. However, combinations of dimensional scores may provide information that is not readily captured with a dimensional approach. This study was designed to assess the presence of homogeneous groups in the population with similar profiles on parental bonding dimensions. Using a short version of the Parental Bonding Instrument (PBI, three parental bonding dimensions (care, authoritarianism, and overprotection were used to assess the presence of unobserved groups in the population using latent profile analysis. The class solutions were regressed on 23 covariates (demographics, parental psychopathology, loss events, and childhood contextual factors to assess the validity of the class solution. The results indicated four distinct profiles of parental bonding for fathers as well as mothers. Parental bonding profiles were significantly associated with a broad range of covariates. This person-centered approach to parental bonding has broad utility in future research which takes into account the effect of parent–child bonding, especially with regard to “affectionless control” style parenting.

  2. Assessment of perioperative mortality risk in patients with infective endocarditis undergoing cardiac surgery: performance of the EuroSCORE I and II logistic models.

    Science.gov (United States)

    Madeira, Sérgio; Rodrigues, Ricardo; Tralhão, António; Santos, Miguel; Almeida, Carla; Marques, Marta; Ferreira, Jorge; Raposo, Luís; Neves, José; Mendes, Miguel

    2016-02-01

    The European System for Cardiac Operative Risk Evaluation (EuroSCORE) has been established as a tool for assisting decision-making in surgical patients and as a benchmark for quality assessment. Infective endocarditis often requires surgical treatment and is associated with high mortality. This study was undertaken to (i) validate both versions of the EuroSCORE, the older logistic EuroSCORE I and the recently developed EuroSCORE II and to compare their performances; (ii) identify predictors other than those included in the EuroSCORE models that might further improve their performance. We retrospectively studied 128 patients from a single-centre registry who underwent heart surgery for active infective endocarditis between January 2007 and November 2014. Binary logistic regression was used to find independent predictors of mortality and to create a new prediction model. Discrimination and calibration of models were assessed by receiver-operating characteristic curve analysis, calibration curves and the Hosmer-Lemeshow test. The observed perioperative mortality was 16.4% (n = 21). The median EuroSCORE I and EuroSCORE II were 13.9% interquartile range (IQ) (7.0-35.0) and 6.6% IQ (3.5-18.2), respectively. Discriminative power was numerically higher for EuroSCORE II {area under the curve (AUC) of 0.83 [95% confidence interval (CI), 0.75-0.91]} than for EuroSCORE I [0.75 (95% CI, 0.66-0.85), P = 0.09]. The Hosmer-Lemeshow test showed good calibration for EuroSCORE II (P = 0.08) but not for EuroSCORE I (P = 0.04). EuroSCORE I tended to over-predict and EuroSCORE II to under-predict mortality. Among the variables known to be associated with greater infective endocarditis severity, only prosthetic valve infective endocarditis remained an independent predictor of mortality [odds ratio (OR) 6.6; 95% CI, 1.1-39.5; P = 0.04]. The new model including the EuroSCORE II variables and variables known to be associated with greater infective endocarditis severity showed an AUC of 0

  3. The EuroSITES network: Integrating and enhancing fixed-point open ocean observatories around Europe

    Science.gov (United States)

    Lampitt, Richard S.; Larkin, Kate E.; EuroSITES Consortium

    2010-05-01

    EuroSITES is a 3 year (2008-2011) EU collaborative project (3.5MEuro) with the objective to integrate and enhance the nine existing open ocean fixed point observatories around Europe (www.eurosites.info). These observatories are primarily composed of full depth moorings and make multidisciplinary in situ observations within the water column as the European contribution to the global array OceanSITES (www.oceansites.org). In the first 18 months, all 9 observatories have been active and integration has been significant through the maintenance and enhancement of observatory hardware. Highlights include the enhancement of observatories with sensors to measure O2, pCO2, chlorophyll, and nitrate in near real-time from the upper 1000 m. In addition, some seafloor missions are also actively supported. These include seafloor platforms currently deployed in the Mediterranean, one for tsunami detection and one to monitor fluid flow related to seismic activity and slope stability. Upcoming seafloor science missions in 2010 include monitoring benthic biological communities and associated biogeochemistry as indicators of climate change in both the Northeast Atlantic and Mediterranean. EuroSITES also promotes the development of innovative sensors and samplers in order to progress capability to measure climate-relevant properties of the ocean. These include further developing current technologies for autonomous long-term monitoring of oxygen consumption in the mesopelagic, pH and mesozooplankton abundance. Many of these science missions are directly related to complementary activities in other European projects such as EPOCA, HYPOX and ESONET. In 2010 a direct collaboration including in situ field work will take place between ESONET and EuroSITES. The demonstration mission MODOO (funded by ESONET) will be implemented in 2010 at the EuroSITES PAP observatory. Field work will include deployment of a seafloor lander system with various sensors which will send data to shore in real

  4. Trends of NO-, NO 2-, and NH 3-emissions from gasoline-fueled Euro-3- to Euro-4-passenger cars

    Science.gov (United States)

    Heeb, Norbert V.; Saxer, Christian J.; Forss, Anna-Maria; Brühlmann, Stefan

    Vehicular emissions of reactive nitrogen compounds (RNCs) such as nitric oxide (NO), nitrogen dioxide (NO 2), and ammonia (NH 3) have a substantial impact on urban air quality. NO and NO 2 support the photochemical formation of ozone, and NH 3 is involved in the atmospheric formation of secondary aerosols. Vehicular NO is mainly formed during combustion, whereas NO 2 and NH 3 are both secondary pollutants of the catalytic converter systems. Herein we report on tail-pipe RNC emissions of gasoline-fueled Euro-3- and Euro-4-passenger cars at transient driving from 0 to 150 km h -1. Two sets of 10 in-use vehicles with comparable engine size and mileage were studied with time-resolved chemical ionization-mass spectrometry (CI-MS). Each vehicle was tested in 7 different driving cycles including the legislative European (EDC) and the US FTP-75 driving cycles. Mean emission factors (EFs) for different traffic situations are reported and effects of cold start, velocity, acceleration, and deceleration are discussed. Furthermore, critical operating conditions supporting the de novo formation of NH 3 have been identified. In the EDC, mean NO- and NH 3-EFs of 57±26 and 16±12 mg km -1 were obtained for Euro-3-vehicles; those of the Euro-4-technology were lower by about 25% and 33% at the levels of 43±46 and 10±7 mg km -1, respectively. NO 2 emissions of the investigated three-way catalyst (TWC) vehicles accounted for exhaust. Velocity and acceleration had pronounced effects on the RNC emission characteristics. Mean velocity-dependent EFs for NO and NH 3 varied by about one order of magnitude from 10 to 74 and 15 to 161 mg km -1 for Euro-3-vehicles and from 12 to 44 and 7 to 144 mg km -1 for the Euro-4 fleet. We conclude that the investigated Euro-3- and Euro-4-vehicles are mainly operated under slightly reducing conditions, where the NH 3 emissions dominate over those of the NO. Under these conditions, both vehicle fleets on an average fulfilled the valid Euro-3 and Euro-4

  5. Uniunea fiscală și problema datoriilor Zonei euro

    Directory of Open Access Journals (Sweden)

    Ionela Bălțătescu

    2012-07-01

    Full Text Available The present paper summarizes the main characteristics of the Eurozone institutional setup and the related economic and political incentives that drive Eurozone governments to increase their public debts, disregarding the limits agreed in the European treatises. The first part of the paper contains a review of the Eurozone institutional setup and of the incentives it creates for Eurozone member states to increase their deficits and public debts. The second part of the paper carries out a short review and criticism of the main strategies and policy tools to fight Eurozone debt problem: ECB bond buying, EFSF/ESM leverage, Eurobonds and Euro-TARP. The main conclusion of the paper is that establishing a fiscal union in EU does not solve by itself the public debt problem of Eurozone member states if the institutional mechanism of debt accumulation, debt rollover and risk socialization are not dismantled.

  6. EuroCirCol kick-off event

    CERN Multimedia

    Hardre, Julie

    2015-01-01

    The EuroCirCol (http://cern.ch/eurocircol) kick-off event at CERN on June 2-4 brought together 62 participants to constitute governance bodies, commit to the project plan and align the organisation, structures and processes of 16 institutions from 10 countries. The goal of the project is to conceive a post-LHC research infrastructure around a 100 km circular energy-frontier hadron collider capable of reaching 100 TeV collisions. The project officially started on June 1 and will run for four years. The total estimated budget of 11.2 million Euros includes a 2.99 million Euro contribution from the Horizon 2020 programme on developing new world-class research infrastructures (http://cordis.europa.eu/project/rcn/194962_en.html).

  7. Impact of Euro Adoption on Emerging European Countries

    Directory of Open Access Journals (Sweden)

    Irena Vodenska

    2013-01-01

    Full Text Available We study the impact of the euro on emerging European countriesby investigating three country groups: (1 seventeen Eurozonecountries, (2 seven EU Eastern and Central European (ECEmembers using local currencies, and (3 six EU Candidates. Weanalyze macroeconomic indicators and propose models to investigatewhether similar or different indicators influence sovereigndebt for each group. We find that exports and unemployment arepositively related to sovereign debt while market capitalizationshows negative relation with sovereign debt. We argue that the recentEuropean sovereign debt crisis has raised serious challengesfor the Eurozone, and propose that EU ECE members and eu candidatesdelay the adoption of the euro.

  8. Tropical influence on Euro-Asian autumn rainfall variability

    Energy Technology Data Exchange (ETDEWEB)

    Mariotti, A. [University of Maryland, College Park, MD (United States); ENEA, Rome (Italy); Ballabrera-Poy, J. [University of Maryland, ESSIC, College Park, MD (United States); Zeng, N. [University of Maryland, ESSIC, College Park, MD (United States); University of Maryland, Department of Meteorology,, College Park, MD (United States)

    2005-04-01

    The connection between autumn rainfall variability in the Euro-Asian domain and tropical climate is documented using state-of-the-art global observational datasets and re-analyses. Results suggest a robust statistical relationship between the El Nino Southern Oscillation (ENSO) and autumn rainfall in parts of southwest Europe, northern Africa and southwest Asia. The correlation between area-mean anomalies over this region (P{sub ea}) and the NINO3.4 index is 0.68, stationary over the last 50 years. Global ENSO-like tropical climate anomalies are observed in conjunction with P{sub ea} anomalies confirming the relationship found with the NINO3.4 index. Overall, the connection with Indo-Pacific variability is stronger than that with the eastern Pacific.While rainfall anomalies in southwest Europe and southwest Asia appear to largely co-vary as one pattern under the influence of ENSO, our results suggest that different mechanisms may be contributing to the observed anomalies. In the North Atlantic/European region, it is speculated that while a PNA-like mode maybe the prevailing teleconnection mechanism for high P{sub ea}, for low P{sub ea} tropical Atlantic ENSO related SST anomalies may be playing a more relevant role forcing northeastward propagating Rossby waves. Over southwest Asia, a more direct connection to the Indo-Pacific region is suggested by the upper air anomaly observed over southern Asia, possibly the Rossby wave response to enhanced heating in the Indian Ocean. (orig.)

  9. Wafer bonding applications and technology

    CERN Document Server

    Gösele, Ulrich

    2004-01-01

    During the past decade direct wafer bonding has developed into a mature materials integration technology. This book presents state-of-the-art reviews of the most important applications of wafer bonding written by experts from industry and academia. The topics include bonding-based fabrication methods of silicon-on-insulator, photonic crystals, VCSELs, SiGe-based FETs, MEMS together with hybrid integration and laser lift-off. The non-specialist will learn about the basics of wafer bonding and its various application areas, while the researcher in the field will find up-to-date information about this fast-moving area, including relevant patent information.

  10. In or Out: The Effect of Euro Membership on the Exercise of Real Business Options

    DEFF Research Database (Denmark)

    Aabo, Tom; Pantzalis, Christos

    2011-01-01

    This empirical study of manufacturing firms (NAICS 33) in the EU15 countries goes beyond the trade statistics that have indicated only a small to negligible effect from the introduction of the Euro and shows that the introduction of the Euro has made Euro firms (firms based in one of the twelve...... Euro countries) more inclined than non-Euro firms (firms based in one of the three non-Euro countries: UK, Sweden and Denmark) to undertake various forms of real actions (exercise real business options) such as to establish alliances / partnerships, to enter new markets / market segments, to switch...

  11. EuroCirCol: A key to New Physics

    CERN Multimedia

    Johannes Gutleber

    2015-01-01

    Monday 1 June saw the start of EuroCirCol, the EC-funded part of the FCC study that will develop the conceptual design for an energy-frontier hadron collider.   Attendees at the EuroCirCol meeting at CERN. The EuroCirCol kick-off event at CERN on 2 to 4 June brought together 62 participants to constitute governance bodies, commit to the project plan and align the organisation, structures and processes of 16 institutions from 10 countries. The goal of the project is to conceive a post-LHC research infrastructure around a 100 km circular energy-frontier hadron collider capable of reaching 100 TeV collisions. The project officially started on 1 June and will run for four years. The total estimated budget of 11.2 MEUR includes a 2.99 MEUR contribution from the Horizon 2020 programme dedicated to the development of new world-class research infrastructures. EuroCirCol will deliver a design for a hadron collider as part of the broader Future Circular Collider (FCC) study. It will provide input to an...

  12. Incidence of abacavir hypersensitivity reactions in euroSIDA

    DEFF Research Database (Denmark)

    Bannister, Wendy P; Friis-Møller, Nina; Mocroft, Amanda

    2008-01-01

    BACKGROUND: The aim of the study was to investigate the incidence of abacavir-related hypersensitivity reaction (HSR) and associated deaths in EuroSIDA HIV-1-infected patients. METHODS: Poisson regression models were developed to compare incidence of abacavir discontinuation according to the line...

  13. Confidence building on euro convergence : Evidence from currency options

    NARCIS (Netherlands)

    Driessen, J.J.A.G.; Perotti, E.

    2011-01-01

    We study the evolution of investor confidence in 1992–1998 over the chance of individual currencies to converge to the Euro, using data on currency option prices. Convergence risk, which may reflect uncertainty over policy commitment as well as exogenous fundamentals, induces a level of implied

  14. Confidence building on Euro convergence: evidence from currency options

    NARCIS (Netherlands)

    Driessen, J.; Perotti, E.

    2011-01-01

    We study the evolution of investor confidence in 1992-1998 over the chance of individual currencies to converge to the Euro, using data on currency option prices. Convergence risk, which may reflect uncertainty over policy commitment as well as exogenous fundamentals, induces a level of implied

  15. Has the Euro Affected the Choice of Invoicing Currency?

    NARCIS (Netherlands)

    Ligthart, J.E.; Werner, S.E.V.

    2010-01-01

    We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our approach uses a compositional multinomial logit model, in which currency choice depends on the characteristics of both the currency and the country. We use unique quarterly panel data

  16. Baltic universities build on EuroFaculty's foundations / Gustav Kristensen

    Index Scriptorium Estoniae

    Kristensen, Gustav

    2005-01-01

    Balti Nõukogu eestvedamisel EuroFaculty programmi raames on pärast taasiseseisvumist Balti riikide ülikoolides asutatud Euroteaduskondi. 13 aastat kestnud programmi eesmärgiks oli valmistada riike ette Euroopa Liiduga liitumiseks ja anda majandus-, poliitika- ja õigusalast haridus

  17. Cooperation Agreement between the European Central Bank and Europol for Combating Euro Counterfeiting. Some Critical Opinions

    Directory of Open Access Journals (Sweden)

    Bogdan Birzu

    2016-08-01

    Full Text Available Within this paper there has been examined the Agreement between the European Police Office (Europol and the European Central Bank (ECB for preventing and combating euro counterfeiting, focusing on certain provisions which take into account the aim and the exchange of information between the two European institutions. The novelty of this paper relates to the achieved examination, where it is highlighted the importance of European legal instrument and the critical opinions and proposals for improving the agreement. The paper can be useful to academics and practitioners who conduct their activity within this area.

  18. 3rd Euro-China Conference on Intelligent Data Analysis and Applications

    CERN Document Server

    Snášel, Václav; Sung, Tien-Wen; Wang, Xiao

    2017-01-01

    This book gathers papers presented at the ECC 2016, the Third Euro-China Conference on Intelligent Data Analysis and Applications, which was held in Fuzhou City, China from November 7 to 9, 2016. The aim of the ECC is to provide an internationally respected forum for scientific research in the broad areas of intelligent data analysis, computational intelligence, signal processing, and all associated applications of artificial intelligence (AI). The third installment of the ECC was jointly organized by Fujian University of Technology, China, and VSB-Technical University of Ostrava, Czech Republic. The conference was co-sponsored by Taiwan Association for Web Intelligence Consortium, and Immersion Co., Ltd.

  19. Hydrogen bonding in ionic liquids.

    Science.gov (United States)

    Hunt, Patricia A; Ashworth, Claire R; Matthews, Richard P

    2015-03-07

    Ionic liquids (IL) and hydrogen bonding (H-bonding) are two diverse fields for which there is a developing recognition of significant overlap. Doubly ionic H-bonds occur when a H-bond forms between a cation and anion, and are a key feature of ILs. Doubly ionic H-bonds represent a wide area of H-bonding which has yet to be fully recognised, characterised or explored. H-bonds in ILs (both protic and aprotic) are bifurcated and chelating, and unlike many molecular liquids a significant variety of distinct H-bonds are formed between different types and numbers of donor and acceptor sites within a given IL. Traditional more neutral H-bonds can also be formed in functionalised ILs, adding a further level of complexity. Ab initio computed parameters; association energies, partial charges, density descriptors as encompassed by the QTAIM methodology (ρBCP), qualitative molecular orbital theory and NBO analysis provide established and robust mechanisms for understanding and interpreting traditional neutral and ionic H-bonds. In this review the applicability and extension of these parameters to describe and quantify the doubly ionic H-bond has been explored. Estimating the H-bonding energy is difficult because at a fundamental level the H-bond and ionic interaction are coupled. The NBO and QTAIM methodologies, unlike the total energy, are local descriptors and therefore can be used to directly compare neutral, ionic and doubly ionic H-bonds. The charged nature of the ions influences the ionic characteristics of the H-bond and vice versa, in addition the close association of the ions leads to enhanced orbital overlap and covalent contributions. The charge on the ions raises the energy of the Ylp and lowers the energy of the X-H σ* NBOs resulting in greater charge transfer, strengthening the H-bond. Using this range of parameters and comparing doubly ionic H-bonds to more traditional neutral and ionic H-bonds it is clear that doubly ionic H-bonds cover the full range of weak

  20. Validación de EuroSCORE II en España

    Directory of Open Access Journals (Sweden)

    Antonio García-Valentín

    2014-10-01

    Conclusiones: Los pacientes españoles presentan un perfil de riesgo alto. La mortalidad cruda es aceptable, más cercana al valor de EuroSCORE II que de EuroSCORE. Ambas escalas muestran mala calibración, EuroSCORE por sobreestimación y EuroSCORE II por infraestimación. El área bajo la curva ROC muestra buena discriminación para ambos modelos.

  1. Bonds Boom.

    Science.gov (United States)

    Reynolds, Cathryn

    1989-01-01

    The combined effect of the "Serrano" decision and Proposition 13 left California school districts with aging, overcrowded facilities. Chico schools won a $18.5 million general obligation bond election for facilities construction. With $11 billion needed for new school construction, California will need to tap local sources. A sidebar…

  2. 14. Euro summer school on exotic beams

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    This school is intended for thesis students and young post-docs working in areas related to radioactive beams. It consists of several lecture courses given by specialists in their field, starting from a basic level. This document gathers only the slides of the following presentations: 1) clusters in nuclei, 2) the production of radioactive ion beams - in-flight methods, 3) ab-initio calculations for light nuclei, 4) the production of radioactive ion beams - ISOL methods, 5) neutrons for science, and 6) the production of radioactive ion beams - charge breeding.

  3. 14. Euro summer school on exotic beams

    International Nuclear Information System (INIS)

    2007-01-01

    This school is intended for thesis students and young post-docs working in areas related to radioactive beams. It consists of several lecture courses given by specialists in their field, starting from a basic level. This document gathers only the slides of the following presentations: 1) clusters in nuclei, 2) the production of radioactive ion beams - in-flight methods, 3) ab-initio calculations for light nuclei, 4) the production of radioactive ion beams - ISOL methods, 5) neutrons for science, and 6) the production of radioactive ion beams - charge breeding

  4. Euro Adoption in Central Europe Laggards by Default and Laggards by Choice

    NARCIS (Netherlands)

    Dandashly, Assem; Verdun, Amy

    2016-01-01

    How can we explain the politics of euro adoption in the Czech Republic, Hungary and Poland? How did the euro crisis influence their positions regarding euro adoption? This article builds on the domestic politics literature and argues: (i) countries that had joined the Exchange Rate Mechanism-2 early

  5. Accuracy, calibration and clinical performance of the EuroSCORE: can we reduce the number of variables?

    Science.gov (United States)

    Ranucci, Marco; Castelvecchio, Serenella; Menicanti, Lorenzo; Frigiola, Alessandro; Pelissero, Gabriele

    2010-03-01

    The European system for cardiac operative risk evaluation (EuroSCORE) is currently used in many institutions and is considered a reference tool in many countries. We hypothesised that too many variables were included in the EuroSCORE using limited patient series. We tested different models using a limited number of variables. A total of 11150 adult patients undergoing cardiac operations at our institution (2001-2007) were retrospectively analysed. The 17 risk factors composing the EuroSCORE were separately analysed and ranked for accuracy of prediction of hospital mortality. Seventeen models were created by progressively including one factor at a time. The models were compared for accuracy with a receiver operating characteristics (ROC) analysis and area under the curve (AUC) evaluation. Calibration was tested with Hosmer-Lemeshow statistics. Clinical performance was assessed by comparing the predicted with the observed mortality rates. The best accuracy (AUC 0.76) was obtained using a model including only age, left ventricular ejection fraction, serum creatinine, emergency operation and non-isolated coronary operation. The EuroSCORE AUC (0.75) was not significantly different. Calibration and clinical performance were better in the five-factor model than in the EuroSCORE. Only in high-risk patients were 12 factors needed to achieve a good performance. Including many factors in multivariable logistic models increases the risk for overfitting, multicollinearity and human error. A five-factor model offers the same level of accuracy but demonstrated better calibration and clinical performance. Models with a limited number of factors may work better than complex models when applied to a limited number of patients. Copyright (c) 2009 European Association for Cardio-Thoracic Surgery. Published by Elsevier B.V. All rights reserved.

  6. Il cambio dollaro/euro, il prezzo del petrolio e la Banca Centrale Europea (Dollar/Euro Exchange Rate, Oil Price and the European Central Bank

    Directory of Open Access Journals (Sweden)

    Stefano Sylos Labini

    2012-04-01

    Full Text Available In this paper an analysis on dollar/euro exchange rate, oil price and European Central Bank monetary policy is worked out. Firstly, data on the main variables related with the exchange rate and an equation to explain the variation of the exchange rate in the period March 1998-September 2000 are presented; secondly, the consequences of oil price growth and eurodevaluation on the US and European economies are taken into account; lastly, different policy strategies to stop eurodevaluation are discussed. The European Central Bank strategy, that consists of small increases of the interest rate, is not reaching any result. An alternative strategy is based on innovative public demand, that should be financed by European bonds using "central bank excess funds" as security. Public demand of infrastructures and new technologies should aim at reducing oil dependence and would stimulate growth and sustainable development in Europe, with positive effects on the exchange rate.       JEL Codes: E58, F31Keywords: Devaluation, Exchange Rates, Monetary

  7. On the EMSC and its roles in the Euro-Med region

    Science.gov (United States)

    Bossu, R.; Godey, S.; Mazet-Roux, G.

    2009-04-01

    The Euro-Med seismological Centre (EMSC) is a scientific non-profit NGO created back in 1975 by the seismological community to collate data, make them available and provide earthquake information at a Euro-Med and global scales. The aim of this talk is to provide an overview of the EMSC's activities and its roles in the integration of the seismological community. Its first activity has been rapid earthquake information on its web site (www.emsc-csem.org) as well as earthquake notification services (SMS, email) for potentially damaging earthquakes. More recently, online macroseismic questionnaires were introduced in more than 20 different languages as well as tools to collect pictures of the earthquake's effects from the public. An innovative way to map the area where an earthquake was felt within 5 to 8 minutes of its occurrence was developed. It plots the geographical origin of the observed surges of traffic following felt events. This method is now being implemented in several other institutes. The Euro-Med seismological bulletin, which started in 1998, complements this service by offering a reference bulletin for the region. It significantly improved the data availability especially on the fringes of the region and the data collection is now comprehensive. Thanks to its 84 institutes from 55 different countries, EMSC offers a significant networking capacity and it plays a significant role in the integration of our community in close collaboration with ORFEUS, the second European organisation in seismology. It devotes significant efforts to improve collaboration especially towards Northern Africa and the Middle East. For example, it recently led an EC-project to improve coordination of the earthquake surveillance of the Western Mediterranean region and improve data exchanges. It contributes to the initiation of the NERIES project. It is involved, within this framework, in improving accelerometric data availability, developing rapid loss estimates and it it is in

  8. Diffusion bonding

    International Nuclear Information System (INIS)

    Anderson, R.C.

    1976-01-01

    A method is described for joining beryllium to beryllium by diffusion bonding. At least one surface portion of at least two beryllium pieces is coated with nickel. A coated surface portion is positioned in a contiguous relationship with another surface portion and subjected to an environment having an atmosphere at a pressure lower than ambient pressure. A force is applied on the beryllium pieces for causing the contiguous surface portions to abut against each other. The contiguous surface portions are heated to a maximum temperature less than the melting temperature of the beryllium, and the applied force is decreased while increasing the temperature after attaining a temperature substantially above room temperature. A portion of the applied force is maintained at a temperature corresponding to about maximum temperature for a duration sufficient to effect the diffusion bond between the contiguous surface portions

  9. BBC VERSUS EURO NEWS: DISCOURSE AND IDEOLOGY IN NEWS TRANSLATION

    Directory of Open Access Journals (Sweden)

    Hosseini, F.

    2016-09-01

    Full Text Available The present study aimed to compare discursive strategies employed by two international news agencies including Euro News and BBC. Van Dijk’s (2004 model of CDA was adopted. Thirty pieces of news about internal affairs of Iran together with their Persian translations were downloaded from the corresponding website, i.e. 30 pieces of English news and their corresponding Persian translations from the Euro News website and 30 pieces of English news with their corresponding translations from the BBC website. The frequency of lexical items was observed to not differ significantly. Two sets of translations were compared to their source texts based on four discursive strategies of hyperbole, polarization, vagueness and euphemism. An independent-samples t-test was conducted to compare the frequency of strategies applied by the two news agencies. Results revealed no significant difference between the two agencies except for the discursive strategy of vagueness.

  10. Forgery detection and value identification of Euro banknotes.

    Science.gov (United States)

    Bruna, Arcangelo; Farinella, Giovanni Maria; Guarnera, Giuseppe Claudio; Battiato, Sebastiano

    2013-02-18

    This paper describes both hardware and software components to detect counterfeits of Euro banknotes. The proposed system is also able to recognize the banknote values. Differently than other state-of-the-art methods, the proposed approach makes use of banknote images acquired with a near infrared camera to perform recognition and authentication. This allows one to build a system that can effectively deal with real forgeries, which are usually not detectable with visible light. The hardware does not use any mechanical parts, so the overall system is low-cost. The proposed solution is reliable for ambient light and banknote positioning. Users should simply lean the banknote to be analyzed on a flat glass, and the system detects forgery, as well as recognizes the banknote value. The effectiveness of the proposed solution has been properly tested on a dataset composed by genuine and fake Euro banknotes provided by Italy's central bank. 

  11. Forgery Detection and Value Identification of Euro Banknotes

    Directory of Open Access Journals (Sweden)

    Sebastiano Battiato

    2013-02-01

    Full Text Available This paper describes both hardware and software components to detect counterfeits of Euro banknotes. The proposed system is also able to recognize the banknote values. Differently than other state-of-the-art methods, the proposed approach makes use of banknote images acquired with a near infrared camera to perform recognition and authentication. This allows one to build a system that can effectively deal with real forgeries, which are usually not detectable with visible light. The hardware does not use any mechanical parts, so the overall system is low-cost. The proposed solution is reliable for ambient light and banknote positioning. Users should simply lean the banknote to be analyzed on a flat glass, and the system detects forgery, as well as recognizes the banknote value. The effectiveness of the proposed solution has been properly tested on a dataset composed by genuine and fake Euro banknotes provided by Italy's central bank.

  12. «EURO 2008» - EUROPEAN FOOTBALL CHAMPIONSHIPS

    CERN Multimedia

    2007-01-01

    The Permanent Mission of Switzerland wishes to alert CERN to the potential impact of the three football matches to be staged at Geneva’s La Praille Stadium on 7, 11 and 15 June 2008 as part of the "Euro 2008" European Football Championships: hotel capacity and air, rail and road infrastructures will be heavily in demand, special security and transportation measures commensurate with the exceptional nature of this event will be put in place by the relevant authorities. The Mission recommends that these circumstances should be taken into account in the planning of meetings or other events which may take place over this period, and in particular that necessary hotel bookings be made as far in advance as possible. Further information can be found at the following website: http://www.geneve.ch/euro2008/ Relations with the Host States Service Tel.: 72848 relations.secretariat@cern.ch www.cern.ch/relations

  13. «EURO 2008» - European Football Championships

    CERN Multimedia

    DSU Department

    2008-01-01

    The Permanent Mission of Switzerland wishes to alert CERN to the potential impact of the three football matches to be staged at Geneva’s La Praille Stadium on 7, 11 and 15 June 2008 as part of the "Euro 2008" European Football Championships: hotel capacity and air, rail and road infrastructures will be heavily in demand, special security and transportation measures commensurate with the exceptional nature of this event will be put in place by the relevant authorities. The Mission recommends that these circumstances should be taken into account in the planning of meetings or other events which may take place over this period, and in particular that necessary hotel bookings be made as far in advance as possible. Further information can be found at the following website: http://www.geneve.ch/euro2008/ Relations with the Host States Service Tel.: 72848 mailto:relations.secretariat@cern.chhttp://www.cern.ch/relations

  14. 1.6 billion euros for nuclear research through the 'Horizon 2020' program

    International Nuclear Information System (INIS)

    Anon.

    2014-01-01

    The European Union Council has approved the budget for the future European program for research and innovation called 'Horizon 2020'. A global funding of 77 billion euros has been allocated to 'Horizon 2020' for the 2014 to 2020 years. The share for nuclear sciences will reach 1.6 billion euros and will break down as follows: 316 million euros for fundamental research on fission, 728 million euros for fundamental research on fusion (ITER not included) and 560 million euros for the research projects of the European Joint Research Center (JRC). (A.C.)

  15. The DHL EuroCup: shots on goal.

    Science.gov (United States)

    Hemp, Paul

    2003-11-01

    Deutsche Post World Net, the German postal monopoly, faced significant challenges as it began the process of integrating three businesses: Deutsche Post Euro Express, its own ground-based parcel delivery service, and two companies it had acquired-DHL, the worldwide express delivery service, and Danzas, a worldwide air and ocean freight company. The cultural differences alone were imposing. For example, DHL was a privately held, entrepreneurial company in which most managers had international experience; Deutsche Post was until recently a state-owned monopoly in which few managers had worked outside their home country. Enter EuroCup. For 20 years, DHL employees had held a soccer tournament to strengthen company culture across national boundaries. Canceled the previous year due to budget constraints, the EuroCup tournament was revived in 2003-in part to help with the postmerger integration. But did the event really help? HBR senior editor Paul Hemp attended EuroCup 2003, joining nearly 2,500 DHL employees--about 600 of them players, the rest cheerleaders and other supporters--in the small Belgian town of Lommel. He set out to answer a number of questions relevant to any company staging an ambitious off-site intended to encourage teamwork and boost morale. How does a company determine whether such a large-scale event, even one that generates goodwill, is worth the investment? Does the team building extend to those back home who don't get to attend? Can intense competition between teams begin to overshadow the spirit of cooperation that such an event is meant to engender? In short, can a soccer tournament help a company achieve its corporate goal of creating a strong common culture?

  16. Euro tulek sõltub nafta hinnast maailmaturul / Signe Kalberg

    Index Scriptorium Estoniae

    Kalberg, Signe, 1959-

    2006-01-01

    Rahandusministeeriumi majandusanalüüsi osakonna juhataja Andrus Säälik nendib, et kui nafta hind maailmaturul tõuseb, on euro kasutuselevõtt Eestis ebatõenäoline isegi 2007. aastal. Rahandusministeeriumis on välja töötatud inflatsiooni alternatiivstsenaarium, mis näeb ette lükata aasta võrra edasi 1. juuliks planeeritud tubaka- ja alkoholiaktsiiside tõusu. Graafik: Inflatsiooni areng Eestis

  17. Human Aspects and Habitat Studies from EuroGeoMars Campaign

    Science.gov (United States)

    Boche-Sauvan, L.; Pletser, V.; Foing, B. H.; Eurogeomars Team

    2009-04-01

    in the aim of optimizing the obtaining of scientific results. A mission off the land will be worth only with a real scientific gain. Moreover, as the schedule is focused on the work time, better working conditions will provide better general living resentment. Following this approach, observations and interviews of the crewmembers in the simulation will be done. That will cover several sides: layout, equipment, area, and mostly man-machine interface. This last side will be the most studied in different situation: during daily life, in the laboratory, in the workshop and during the EVA. Indeed, the specifications for such an interface will be different according to the use: easy use in EVA, but with a good layout in the habitat. Acknowledgements: We thank the EuroGeo-Mars teams for their support in this study, and Mars Society for the opportunity of such a campaign.

  18. Curriculum vitae of the LOTOS–EUROS (v2.0 chemistry transport model

    Directory of Open Access Journals (Sweden)

    A. M. M. Manders

    2017-11-01

    Full Text Available The development and application of chemistry transport models has a long tradition. Within the Netherlands the LOTOS–EUROS model has been developed by a consortium of institutes, after combining its independently developed predecessors in 2005. Recently, version 2.0 of the model was released as an open-source version. This paper presents the curriculum vitae of the model system, describing the model's history, model philosophy, basic features and a validation with EMEP stations for the new benchmark year 2012, and presents cases with the model's most recent and key developments. By setting the model developments in context and providing an outlook for directions for further development, the paper goes beyond the common model description.With an origin in ozone and sulfur modelling for the models LOTOS and EUROS, the application areas were gradually extended with persistent organic pollutants, reactive nitrogen, and primary and secondary particulate matter. After the combination of the models to LOTOS–EUROS in 2005, the model was further developed to include new source parametrizations (e.g. road resuspension, desert dust, wildfires, applied for operational smog forecasts in the Netherlands and Europe, and has been used for emission scenarios, source apportionment, and long-term hindcast and climate change scenarios. LOTOS–EUROS has been a front-runner in data assimilation of ground-based and satellite observations and has participated in many model intercomparison studies. The model is no longer confined to applications over Europe but is also applied to other regions of the world, e.g. China. The increasing interaction with emission experts has also contributed to the improvement of the model's performance. The philosophy for model development has always been to use knowledge that is state of the art and proven, to keep a good balance in the level of detail of process description and accuracy of input and output, and to keep a good record

  19. The organisation and role of the Euro skin bank

    International Nuclear Information System (INIS)

    Van Baare, J.

    1999-01-01

    In the treatment of burns, either superficial or deep, partial or full thickness, where sufficient autograft is lacking, wound covering by fresh or stored allogencic human skin is currently preferred over the use of (bio-) synthetic dressings by most physicians involved in burn care. Several methods to preserve, store and provide sufficient quantities of allograft (homo- or xeno-) at any given time have been developed over the last decades and have been extensively documented. Skin banks differ in their mode of operation (local, regional, national and international) and the techniques applied for preservation and storage of human skin. The Dutch National Skin Bank was established in 1976 as a subsidiary to the Dutch Bums Foundation with no other goal than providing human allograft skin for the treatment of bum victims to the Red Cross Hospital Bum Unit and later to other Dutch bum centres and general hospitals. The initial preservation technique the skin bank used was cryopreservation. In 1984 there was an important change in the preservation technique. Based on literature high concentrations of glycerol were introduced to preserve human skin for long-term storage. Meanwhile, a gradual increase in the yearly number of skin donors from 1984 onwards was observed, and by 1989 regular requests from bum centres in other countries for glycerol preserved donor skin were received. In 1992 the skin bank changed their name into Euro Skin Bank to express their international collaboration. The Euro Skin Bank operates on a non-profit basis and was until recently dependent on financial support of the Dutch Bums Foundation. Due to the large amount of requests for donor skin, the Euro Skin Bank started to set up satellite skin banks in various European countries. With this initiative it was not only possible to help the specific countries to supply their own bum centres with allograft skin, but also an amount of skin was send back to the Euro Skin Bank in order to distribute the

  20. LA ZONE EURO ET LA MONNAIE UNIQUE FACE A L'ELARGISSEMENT DE L'UNION EUROPEENE

    Directory of Open Access Journals (Sweden)

    Michel Lelart

    2002-12-01

    Full Text Available Ten countries from central and eastern Europe, as well as Cyprus and Malta, have applied for membership to the European Union. This fifth enlargement, which is the first one since the creation of the eurozone, is expected to have some impact on the institutional framework of the single currency area. This article examines, by stages, the consequences of the enlargement process on the use of the euro as an international currency, on the organisation of the ECB, and on the economic policies in the EU, including monetary and foreign exchange policies. The defined stages start with the current candidate countries (the outs, to the period when they become Member States of the EU (the pre-ins, and finally to the stage when they ultimately join the eurozone (the ins. With this current EU enlargement process, the consequences are nothing less than the beginning of a new era for the euro.

  1. Recursive and non-linear logistic regression: moving on from the original EuroSCORE and EuroSCORE II methodologies.

    Science.gov (United States)

    Poullis, Michael

    2014-11-01

    EuroSCORE II, despite improving on the original EuroSCORE system, has not solved all the calibration and predictability issues. Recursive, non-linear and mixed recursive and non-linear regression analysis were assessed with regard to sensitivity, specificity and predictability of the original EuroSCORE and EuroSCORE II systems. The original logistic EuroSCORE, EuroSCORE II and recursive, non-linear and mixed recursive and non-linear regression analyses of these risk models were assessed via receiver operator characteristic curves (ROC) and Hosmer-Lemeshow statistic analysis with regard to the accuracy of predicting in-hospital mortality. Analysis was performed for isolated coronary artery bypass grafts (CABGs) (n = 2913), aortic valve replacement (AVR) (n = 814), mitral valve surgery (n = 340), combined AVR and CABG (n = 517), aortic (n = 350), miscellaneous cases (n = 642), and combinations of the above cases (n = 5576). The original EuroSCORE had an ROC below 0.7 for isolated AVR and combined AVR and CABG. None of the methods described increased the ROC above 0.7. The EuroSCORE II risk model had an ROC below 0.7 for isolated AVR only. Recursive regression, non-linear regression, and mixed recursive and non-linear regression all increased the ROC above 0.7 for isolated AVR. The original EuroSCORE had a Hosmer-Lemeshow statistic that was above 0.05 for all patients and the subgroups analysed. All of the techniques markedly increased the Hosmer-Lemeshow statistic. The EuroSCORE II risk model had a Hosmer-Lemeshow statistic that was significant for all patients (P linear regression failed to improve on the original Hosmer-Lemeshow statistic. The mixed recursive and non-linear regression using the EuroSCORE II risk model was the only model that produced an ROC of 0.7 or above for all patients and procedures and had a Hosmer-Lemeshow statistic that was highly non-significant. The original EuroSCORE and the EuroSCORE II risk models do not have adequate ROC and Hosmer

  2. Long-range atmospheric transport of persistent organic pollutants, I: description of surface-atmosphere exchange modules and implementation in EUROS.

    NARCIS (Netherlands)

    Jacobs, C.M.J.; Pul, van W.A.J.

    1996-01-01

    Concerns a description of a model for the exchange of gaseous Persistent Organic Pollutants (POP) at land and sea surfaces and its application in the Eulerian air pollution transport model EUROS. Sample simulations of the net deposition of lindane over Europe are discussed. For non-emission areas

  3. Impact of cold temperature on Euro 6 passenger car emissions.

    Science.gov (United States)

    Suarez-Bertoa, Ricardo; Astorga, Covadonga

    2018-03-01

    Hydrocarbons, CO, NOx, NH 3 , N 2 O, CO 2 and particulate matter emissions affect air quality, global warming and human health. Transport sector is an important source of these pollutants and high pollution episodes are often experienced during the cold season. However, EU vehicle emissions regulation at cold ambient temperature only addresses hydrocarbons and CO vehicular emissions. For that reason, we have studied the impact that cold ambient temperatures have on Euro 6 diesel and spark ignition (including: gasoline, ethanol flex-fuel and hybrid vehicles) vehicle emissions using the World-harmonized Light-duty Test Cycle (WLTC) at -7 °C and 23 °C. Results indicate that when facing the WLTC at 23 °C the tested vehicles present emissions below the values set for type approval of Euro 6 vehicles (still using NEDC), with the exception of NOx emissions from diesel vehicles that were 2.3-6 times higher than Euro 6 standards. However, emissions disproportionally increased when vehicles were tested at cold ambient temperature (-7 °C). High solid particle number (SPN) emissions (>1 × 10 11 # km -1 ) were measured from gasoline direct injection (GDI) vehicles and gasoline port fuel injection vehicles. However, only diesel and GDI SPN emissions are currently regulated. Results show the need for a new, technology independent, procedure that enables the authorities to assess pollutant emissions from vehicles at cold ambient temperatures. Harmful pollutant emissions from spark ignition and diesel vehicles are strongly and negatively affected by cold ambient temperatures. Only hydrocarbon, CO emissions are currently regulated at cold temperature. Therefore, it is of great importance to revise current EU winter vehicle emissions regulation. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

  4. Germany's socio-economic model and the Euro crisis

    Directory of Open Access Journals (Sweden)

    Michael Dauderstädt

    2013-03-01

    Full Text Available Germany's socio-economic model, the "social market economy", was established in West Germany after World War II and extended to the unified Germany in 1990. During a prolonged recession after the adoption of the Euro in 1998, major reforms (Agenda 2010 were introduced which many consider as the key of Germany's recent success. The reforms had mixed results: employment increased but has consisted to a large extent of precarious low-wage jobs. Growth depended on export surpluses based on an internal real devaluation (low unit labour costs which make Germany vulnerable to global recessions as in 2009. Overall inequality increased substantially.

  5. Problems of the adoption of the Euro in Poland and the Baltic countries

    Directory of Open Access Journals (Sweden)

    Gediminas Davulis

    2011-12-01

    Full Text Available The possibilities of Poland, Latvia and Lithuania to adopt the euro, which is one of most important task of the economic policy in these countries is analyzed in the article. The international importance of the euro, the advantages and disadvantages of the single currency are discussed. Experience of Germany in adopting of the euro is analyzed. The strategy of the adoption of the euro in Lithuania is presented. The analysis based on the data of Eurostat database shows that Poland is the country with most possibilities to adopt the euro. However both Lithuania and Latvia may become the euro zone member states, too, if they firstly will cope with financial problems of the government and will revitalise and develop their internal market.

  6. Source apportionment of PM2.5 across China using LOTOS-EUROS

    Science.gov (United States)

    Timmermans, R.; Kranenburg, R.; Manders, A.; Hendriks, C.; Segers, A.; Dammers, E.; Zhang, Q.; Wang, L.; Liu, Z.; Zeng, L.; Denier van der Gon, H.; Schaap, M.

    2017-09-01

    China's population is exposed to high levels of particulate matter (PM) due to its strong economic growth and associated urbanization and industrialization. To support policy makers to develop cost effective mitigation strategies it is of crucial importance to understand the emission sources as well as formation routes responsible for high pollution levels. In this study we applied the LOTOS-EUROS model with its module to track the contributions of predefined source sectors to China for the year 2013 using the MEIC emission inventory. It is the first application of the model system to a region outside Europe. The source attribution was aimed to provide insight in the sector and area of origin of PM2.5 for the cities of Beijing and Shanghai. The source attribution shows that on average about half of the PM2.5 pollution in both cities originates from the municipality itself. About a quarter of the PM2.5 comes from the neighbouring provinces, whereas the remaining quarter is attributed to long range transport from anthropogenic and natural components. Residential combustion, transport, and industry are identified as the main sources with comparable contributions allocated to these sectors. The importance of the sectors varies throughout the year and differs slightly between the cities. During winter, urban contributions from residential combustion are dominant, whereas industrial and traffic contributions with a larger share of regional transport are more important during summer. The evaluation of the model results against satellite and in-situ observations shows the ability of the LOTOS-EUROS model to capture many features of the variability in particulate matter and its precursors in China. The model shows a systematic underestimation of particulate matter concentrations, especially in winter. This illustrates that modelling particulate matter remains challenging as it comes to components like secondary organic aerosol and suspended dust as well as emissions and

  7. Cross-Border Assessment of Environmental Radioactivity in the Euro-Arctic Region

    Energy Technology Data Exchange (ETDEWEB)

    Nalbandyan, Anna; Gwynn, Justin P.; Moeller, Bredo [Norwegian Radiation Protection Authority (NRPA), Section High North, 9296 Tromsoe (Norway); Leppaenen, Ari-Pekka; Rasilainen, Tiina [STUK Radiation and Nuclear Safety Authority, Regional Laboratory in Northern Finland, 96400 Rovaniemi (Finland); Kasatkina, Nadezhda; Usiagina, Irina [Murmansk Marine Biological Institute (MMBI), 183010 Murmansk (Russian Federation)

    2014-07-01

    The Euro-Arctic region is currently experiencing rapid changes in environmental, social and economic conditions. The issue of environmental radioactivity is of special concern to the Arctic region due to numerous existing and potential sources of radioactive pollution in the immediate and adjacent areas. Due to cross-border nature of any potential radioactive contamination and common challenges in border countries, one should consider risks related to radioactivity, monitoring and protection at a regional and international level. This research presents results of cross-border cooperation between Norway, Finland and Russia and joint assessment of the status of terrestrial radioactivity in the Euro-Arctic region and in particular across Troms and Finnmark (Norway), Lapland (Finland) and Murmansk Oblast (Russia). To assess current environmental radioactivity levels in the terrestrial environment, environmental samples were collected in each country in 2010-2012. The main focus was comparison of radioactivity levels in the natural food products such as berries, mushrooms and freshwater fish. The results showed that large variations in activity concentrations exist between species and sampling areas. However, activity concentrations of {sup 137}Cs in all berries and mushrooms in Northern Norway, Finland and Russia were below the national limits set for commercial retail and well below the national limits for freshwater fish from Northern Norway and Finland. The sampled species from three countries were analysed in order to find out reference species available for further monitoring and data comparison. The doses to man arising from consumption of berries, mushrooms and freshwater fish were calculated. To compare overall terrestrial radioactivity levels in the Euro-Arctic region, partners exchanged long-term monitoring data available in the three countries such as data for soil, vegetation, berries, mushrooms, lichens, reindeer meat, freshwater fish, whole body counting

  8. EuroCirCol - Horizon 2020 Research and Innovation Action

    CERN Document Server

    AUTHOR|(CDS)2108815; Benedikt, Michael; Zimmermann, Frank; Schulte, Daniel; Tommasini, Davide; Seryi, Andrei; Perez, Francis

    2015-01-01

    EuroCirCol is a conceptual design study for a post-LHC research infrastructure based on an energy-frontier 100 TeV circular hadron collider. ​The award of the 2013 Nobel Prize for Physics acknowledged the leading role of Europe in particle physics, which has a global community of over 10'000 scientists. To reinforce its pole position throughout the 21st century, Europe must be ready to propose an ambitious post-LHC accelerator project by 2018/19. This is one of the main recommendations of the updated European Strategy for Particle Physics, adopted by the CERN Council in May 2013. The EuroCirCol conceptual design study is a direct response to this recommendation, carried out through a collaboration of institutes and universities worldwide. A new research infrastructure of such scale depends on the feasibility of key technologies pushed beyond current state of the art. Innovative designs for accelerator magnets to achieve high-quality fields up to 16 T and for a cryogenic beam vacuum system to cope with unpre...

  9. The Finns Party: Euroscepticism, Euro Crisis, Populism and the Media

    Directory of Open Access Journals (Sweden)

    Juha Herkman

    2017-03-01

    Full Text Available In many European countries, populist right-wing parties have been most noticeable representatives of Euroscepticism. In Finland, the Finns Party (Perussuomalaiset has been a constant promoter of organisational Euroscepticism through its leader, Timo Soini. The party broke through in Finland’s ‘big bang elections’ of 2011, when the most debated issue was the European economic crisis, which was dominated by Eurosceptic Soini. Research concerning the relationship between the media, populism and Euroscepticism usually focus on national or European Parliament elections. This study analyses the media portrayal of the Eurosceptic Finns Party during times other than elections, focusing on the Finland’s overall Euro crisis press coverage in 2010–2012. The analysis shows that the populist Finns Party has been a minor player in that coverage, which was dominated by the Euro positive political and economic elites. Differences between newspapers indicate that journalistic routines and political context direct media coverage toward particular framings, even when the media proclaims itself politically independent and neutral.

  10. Effects of the euro changeover on consumer behaviour: Introduction to the special issue

    DEFF Research Database (Denmark)

    Gärling, Tommy; Thøgersen, John

    2007-01-01

    This paper introduces the special issue "Effects of the euro changeover on consumer behaviour" by briefly reviewing the contents of the included papers. The introduction follows the organization of the papers in three sections each focusing on a common set of issues. In the first section, research...... revealing the perceived and actual problems consumers face after the euro changeover is described. Research illuminating learning and adaptation to the euro changeover is the focus of the second section. A special problem is the misperception of inflation after the euro changeover. Research on this problem...

  11. Poweo 2006 consolidated revenue at euro 244 million, up 121%

    International Nuclear Information System (INIS)

    2007-01-01

    POWEO, the leading independent energy operator in France, presents in this document its key business indicators for the 4. quarter of 2006 and the full year: POWEO records again a strong rise of its annual revenue, exceeding its euro 220 million target. This progression relates to all the business components. The particularly soft climatic conditions recorded in France at the end of the year did not result in a significant fall of revenue compared to initial forecasts. The number of customer sites amounts to 80.300 at December 31, 2006, in progression of 23% compared to the end of 2005. The customer base remained overall stable during the second half of 2006, POWEO limiting voluntarily the acquisition of customers in electricity during the preparation of the opening to competition of the residential market due to take place on July 1, 2007. The gas customer base for its part more than doubled compared to end June 2006, with more than 5.000 customer sites transferred as at December 31, 2006. The Energy Management net margin, realised or un-realised, amounted to euro 49.7 million in 2006, recognised as revenue under IFRS standards. This includes the euro 22 million exceptional capital gain mentioned in previous financial releases in 2006, as well as a euro 7.9 million un-realised capital gain resulting from the transfer of some contracts into the Energy Management portfolio further to the capacity swap agreement with EDF announced publicly on January 3, 2007. The services provided by POWEO to its customers enjoy a high level of acceptance and represented revenue of euro 2.9 million in 2006. As from 2007, the revenue realised through these services will be presented separately from other components of revenue in order to better reflect its expected growth. The services offering will be indeed a key element of the marketing strategy of POWEO in the years to come, with a potentially significant impact on the results taking into account their level of gross margin which

  12. THE UEFA EURO 2012 ANTI-DOPING PROGRAMME – SCIENTIFIC REVIEW

    Science.gov (United States)

    Vouillamoz, M.; Kwiatkowska, D.; Turek-Lepa, E.; Pokrywka, A.; Saugy, M.; Baume, N.; Gmeiner, G.

    2014-01-01

    The final tournament of the UEFA European Football Championship is one of the top sporting events in the world, and a high-profile event of this kind requires a well-planned and well-executed anti-doping programme to ensure the integrity of results in the competition. UEFA EURO 2012 presented a unique logistical challenge, with the tournament spread across two countries, both covering a large geographical area. This paper discusses the planning and delivery of both the pre tournament out-of-competition (OOC) testing programme and the in-competition (IC) programme, as well as reviewing the activities of doping control officers (DCOs), the whereabouts programme and assessing the sample collection and transport process. The analytical approach applied is also discussed, along with an overview of the distribution of T/E ratios and blood parameters. PMID:24899771

  13. SME's contribution to the creation of the Euro-Mideterranean Region

    DEFF Research Database (Denmark)

    Gallina, Andrea

    The paper focuses on the manufacturing sector of 10 Mediterranean Partners, in particular on the industrial structures and their relationship with the market. The Euro-Mediterranean Partnership, and in particular the project of the free trade area, is placing the North-South relationship in a new...... industrial units are family businesses concentrated in traditional sectors utilizing low technology equipment, and supplying to the local markets. They are facing a shrinking purchasing power with changing patterns of consumption. Industrial modernization and export-oriented strategies can have an effect...... only on a particular type of SME while excluding the majority of the enterprises. The features of the local markets show that development strategies should take increasingly into account the structural characteristics of the production systems and of the markets in which they are embedded...

  14. Bond strength of masonry

    NARCIS (Netherlands)

    Pluijm, van der R.; Vermeltfoort, A.Th.

    1992-01-01

    Bond strength is not a well defined property of masonry. Normally three types of bond strength can be distinguished: - tensile bond strength, - shear (and torsional) bond strength, - flexural bond strength. In this contribution the behaviour and strength of masonry in deformation controlled uniaxial

  15. Convergence and Heterogeneity in Euro Based Economies: Stability and Dynamics

    Directory of Open Access Journals (Sweden)

    Philip Haynes

    2016-08-01

    Full Text Available Cluster analysis is used to explore the performance of key macroeconomic variables in European countries that share the euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a pattern synthesis across a matrix of macroeconomic data to examine if there is evidence for country clusters and whether there is convergence of the cluster patterns over time. A number of different clusters appear and these change over time as the economies of the member states dynamically interact. This includes some new countries joining the currency during the period of examination. As found in previous research, Southern European countries tend to remain separate from other countries. The new methods used, however, add to an understanding of some differences between Southern European countries, in addition to replicating their broad similarities. Hypotheses are formed about the country clusters existing in 2002, 2006 and 2013, at key points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the multivariate method of Qualitative Comparative Analysis (QCA. The results confirm the hypotheses of cluster memberships in all three periods. The confirmation analysis provides evidence about which variables are most influencing cluster memberships at each time point. In 2002 and 2006, differences between countries are influenced by their different Harmonised Index of Consumer Prices (HICP and labour productivity scores. In 2013, after the crisis, there is a noticeable change. Long term interest rates and gross government debt become key determinants of differences, in addition to the continuing influence of labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been limited, by the joining of new countries and the circumstances of the global economic crisis. The financial crisis has driven

  16. The EuroDIVERSITY Programme: Challenges of Biodiversity Science in Europe

    Science.gov (United States)

    Jonckheere, I.

    2009-04-01

    In close cooperation with its Member Organisations, the European Science Foundation (ESF) has launched since late 2003 a series of European Collaborative Research (EUROCORES) Programmes. Their aim is to enable researchers in different European countries to develop cooperation and scientific synergy in areas where European scale and scope are required in a global context. The EUROCORES instrument represents the first large scale attempt of national research (funding) agencies to act together against fragmentation, asynchronicity and duplication of research (funding) within Europe. Although covering all scientific fields, there are presently 13 EUROCORES Programmes dealing with cutting edge science in the fields of Earth, Climate and Environmental Sciences. The aim of the EuroDIVERSITY Programme is to support the emergence of an integrated biodiversity science based on an understanding of fundamental ecological and social processes that drive biodiversity changes and their impacts on ecosystem functioning and society. Ecological systems across the globe are being threatened or transformed at unprecedented rates from local to global scales due to the ever-increasing human domination of natural ecosystems. In particular, massive biodiversity changes are currently taking place, and this trend is expected to continue over the coming decades, driven by the increasing extension and globalisation of human affairs. The EuroDIVERSITY Programme meets the research need triggered by the increasing human footprint worldwide with a focus on generalisations across particular systems and on the generation and validation of theory relevant to experimental and empirical data. The EURODIVERSITY Programme tries to bridge the gaps between the natural and social sciences, between research work on terrestrial, freshwater and marine ecosystems, and between research work on plants, animals and micro-organisms. The Programme was launched in April 2006 and includes 10 international

  17. The New Coordinates of Globalization and Regional Integration: Resizing the Euro-Mediterranean Partnership

    Directory of Open Access Journals (Sweden)

    Marcel Moldoveanu

    2017-04-01

    Full Text Available The increasingly strong process of interdependence between globalization and regionalization - in the context of the end of the bipolar power at world level - has engendered a new philosophy regarding the evolution of the world, a reconsideration of the strategy of political and diplomatic, economic and also cultural and human relationships. In my opinion, in a multipolar world, that will bring into the first line of international relations new big actors of regional and universal vocation (China, Rusia, Brasil, India, the European Union will play an extensive role in participating at the geostrategic, regional and global equilibrium, through promotion of an „open diplomacy” that will allow – by dialogue and cooperation – the resolving more rapidly and efficiently the great challenges of the beginning of the century and millenium: the reduction of the great development gaps, the regional and global security, in a very solid economic background. A new dimension of the EU enlargement policy at regional scale is represented by the cooperation relations and the attraction into the European circuit of material and spiritual values of the countries in the Central and Eastern Europe. In the context of deepening the interdependence and complementarities at regional and global level, more focus should be put on the viable ways and modalities to intensify the cooperation in the Danube-Black Sea and Euro-Mediterranean geo-economic and strategic areas. The two big geo-strategic regions of the world belong to the same civilization and are subject to similar changes as the other regions of the world, despite some specific features of history and culture. The intensification and diversification of the cooperation at the Central and South-Eastern European level, as well as the Euro-Mediterranean and Danube-Black Sea region, does not represent an alternative to the general objective process of integration into the Euro-Atlantic structures, but a

  18. Structure phenomena in the bond zone of explosively bonded plates

    International Nuclear Information System (INIS)

    Livne, Z.

    1979-12-01

    In the bond areas of couples of explosively bonded plates, there are often zones, generally designated as ''molten pockets'', which have undergone melting and solidification. The object of the present study was to investigate molten pockets, which have a decisive effect on bond quality. The experimental samples for the study were chosen in consideration of the mutual behaviour of the plates constituting the couples, according to their equilibrium phase diagrams. To facilitate the investigation, large plates were bonded under conditions that enabled to to obtain wavy bond zones that included relatively large molten pockets. To clarify the complex nature of molten pockets and their surroundings, a wide variety of methods were employed. It was found that the shape and composition of molten pockets largely depend upon the mechanism of formation of both the bond wave and the molten pockets. It was also found that the composition of molten pockets is not homogeneous, which is manifest in the modification of the composition of the pockets, the solidification morphology, the phases, which have been identified by X-ray diffraction, and the bond strenght and hardness. Moreover, the different solidification morphologies revealed by metallography were found to depend upon the types of plates bonded, the bonding conditions and the location of pockets in the wavy interface. For molten pockets, cooling rates of 10 4 to 10 5 (degC/sec) have been deduced from interdendritic spacing, and found to be in good agreement with calculations after a mathematical model. It seems that the fast cooling rates and the steep temperature gradients are at the origin of the particular solidification phenomena observed in molten pockets

  19. Understanding Bonds - Denmark

    DEFF Research Database (Denmark)

    Rimmer, Nina Røhr

    2016-01-01

    Undervisningsmateriale. A bond is a debt security, similar to an ”I Owe You document” (IOU). When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as the issuer. In return for the loan, the issuer promises to pay you...... a specified rate of interest during the life of the bond and to repay the face value of the bond (the principal) when it “matures,” or comes due. Among the types of bonds you can choose from are: Government securities, municipal bonds, corporate bonds, mortgage and asset-backed securities, federal agency...... securities and foreign government bonds....

  20. UEFA EURO 2012™ in the Polish Sociopolitical Narration

    Directory of Open Access Journals (Sweden)

    Michaluk Tomasz

    2015-12-01

    Full Text Available Sport constitutes an increasingly popular language of discourse in modern societies, providing a (formal system of signs, which is easily used by, among others, businesses, media, public persons, and, particularly willingly, politicians. Thus, sport as a system of meanings can transfer any values, being at the same time a pragmatic way of arguing in the practice of social life. An example we analyze, are the events that took place after Poland (and Ukraine had been chosen to be host countries of UEFA EURO 2012™, as well as those which took place during the tournament itself. In these analyses, we use the concept of semiotics and, in particular, pragmatism as well as Charles Sanders Peirce’s triadic sign relation.

  1. Euro coins, entrepreneurship and X-ray fluorescence

    International Nuclear Information System (INIS)

    Peeters, A.; Fraipont, C.

    2014-01-01

    During the first year of their master degree in Technical Engineering the students have to realized a large project. This year, we have decided to add an entrepreneurial aspect to the purely scientific aspect used until now, while focusing the students' attention on a customer oriented management of the project and on the project management itself, with the definition of accurate objectives, a planning time, the distribution of the tasks and responsibilities... This year, the retained subject is the study of the evolution of the precursors of our current euro coins, based on the fulfilling of numerous requirements as the ease to differentiate the coins by blind people, the possibility for automates to recognize the coins, the way the coins will interact with skin and perspiration, the magnetic properties of the coins... The project is the response of the nuclear group of ISIB to a concern of a Belgian numismatist. (authors)

  2. Areva At September 30, 2010: Revenue growth to euro 6.168 bn: + 6.3%. Backlog growth to euro 42.7 bn: + 2.2%

    International Nuclear Information System (INIS)

    2010-01-01

    AREVA generated consolidated revenue of 6.168 billion euros over the first nine months of 2010 for growth of 6.3% (+5.2% like-for-like) compared with the same period in 2009. The main revenue growth engines were the Reactors and Services Business Group and the Back End Business Group, with growth of 11.5% and 7.1% respectively. Foreign exchange had a positive impact of 82 million euros over the period, while changes in consolidation scope had negligible impact. Third quarter 2010 revenue amounted to 2.011 billion euros for growth of 6.1% (+4.4% LFL) compared with the third quarter of 2009. The Reactors and Services Business Group and the Back End Business Group, posting increases of 11.2% and 9.0% respectively, continued to lead this growth. Foreign exchange had a positive impact of 39 million euros, while changes in consolidation scope had negligible impact. The group's backlog came to 42.7 billion euros at September 30, 2010, an increase of 2.2% compared with September 30, 2009 (41.8 billion euros). For the full year of 2010, the group confirms its outlook for significant revenue and backlog growth, increased operating performance excluding particular items, negative operating income, and strong growth in net income attributable to owners of the group with the contribution of the gain on the sale of the Transmission and Distribution business

  3. The use of EuroCordex in marine climate projections

    Science.gov (United States)

    Tinker, Jonathan; Palmer, Matthew; Lowe, Jason; Howard, Tom

    2017-04-01

    The Northwest European Shelf seas (NWS, including the North Sea, Irish Sea and Celtic Sea) are of economic, environmental and cultural importance to a number of European countries. However, their representation by global climate models (GCMs) is very crude, due to their inability to represent the complex geometry and the absence of tides. Therefore, there is a need to employ dynamical downscaling methods when considering the potential impacts of climate change on the European (and other) shelf seas. Using a shelf seas model to dynamically downscale of the ocean component of the GCM is a well established method. While taking open ocean lateral boundary conditions from the GCM ocean is acceptable, using surface flux forcings from the GCM atmosphere is often problematic. The CORDEX project provides an important dataset of high spatial and temporal resolution atmospheric forcings, derived from 'parent' CMIP5 GCM simulations. We drive the NEMO shelf seas model with data from CMIP5 models and EURO-CORDEX Regional Climate Model (RCM) data to produce a set of NWS climate projections. We require relatively high temporal resolution output, and run-off (for the river forcings), and so are limited to a subset of the available EURO-CORDEX RCMs. From these we select two CMIP5 GCMs with the same RCM with two emissions scenarios to give a minimum estimate of GCM model structural and emission scenario uncertainty. Other experiments allow an initial estimate of the uncertainty associated with the model structure of both the shelf seas and the RCM. Our analysis is focused on the uncertainty associated with the mean change in a number of physical marine impacts and the drivers of coastal variability and change, including sea level and the propagation of open ocean signals onto the shelf. Our work is part of the UK Climate Projections (UKCP18) and will inform the following UK Climate Change Risk Assessments, required as part of the Climate Change Act.

  4. Credit cycle coherence in the eurozone : Was there a euro effect?

    NARCIS (Netherlands)

    Samarina, Anna; Zhang, Lu; Bezemer, Dirk

    2017-01-01

    This paper examines effects of the euro introduction on credit cycle coherence in the euro-zone through six channels. We construct and describe credit cycles for total bank credit, household mortgages and non-financial business loans for 16 EMU economies over 1990-2015. Credit cycle coherence is

  5. 26 CFR 1.1001-5 - European Monetary Union (conversion to the euro).

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 11 2010-04-01 2010-04-01 true European Monetary Union (conversion to the euro). 1.1001-5 Section 1.1001-5 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY... § 1.1001-5 European Monetary Union (conversion to the euro). (a) Conversion of currencies. For...

  6. Euro VI technologies and costs for Heavy Duty vehicles: the expert panels summary of stakeholders responses

    NARCIS (Netherlands)

    Gense, N.L.J.; Riemersma, I.J.; Such, C.l; Ntziachristos, L.

    2006-01-01

    This report is the result of the work carried out under on the Europeans Commission’s call for tender regarding “Technical support for the Commission DG Environment on the development of Euro 5 standards for light-duty vehicles and Euro VI standards for heavy-duty vehicles” (Reference:

  7. USD and Euro: competitive advantages of reserve currencies and leadership tussle

    Directory of Open Access Journals (Sweden)

    Gordyachkova O. V.

    2017-02-01

    Full Text Available the article describes the factors, affecting exchange rate, competitive advantages of USD and Euro as reserve currencies, the steps of fight of USD and Euro for the status of the “main” world's reserve currency. It was concluded that the main factor, affecting exchange rate, is a political impact.

  8. Talking heads : the effects of ECB statements on the euro-dollar exchange rate

    NARCIS (Netherlands)

    Jansen, DJ; De Haan, J

    This paper studies the reaction of the conditional mean and volatility of the euro-dollar exchange rate to statements by European Central Bank and national central bank officials. We focus on comments on monetary policy and the external value of the euro. We find that the Bundesbank has dominated

  9. The Arab Uprisings and Euro-Mediterranean Security: The Regional Security Agenda of the European Union

    Directory of Open Access Journals (Sweden)

    Schima Viktoria Labitsch

    2014-12-01

    Full Text Available The 2010 Arab uprisings led to profound changes in the political landscape of the Southern Mediterranean, and came at a time of staggering Euro-Mediterranean relations. With prevailing turmoil and violence in Europe’s closest proximity, the Euromed relationship – heavily dominated by security objectives and concerns in the past – is facing new social, political and economic challenges. This work analyses what challenges have made it onto the security agenda of the European Union in response to the uprisings in Tunisia, Libya and Egypt between December 2010 and 2013. It does so by analysing the discourse of three institutions: the European Commission, the European Council and the Council of Ministers. Accordingly, it argues that security in the Euro-Mediterranean context may be analysed in the framework of the wider constructivist Copenhagen school of security studies, treating threats as politically constructed in the process of securitization. It emphasizes the different degrees of institutional involvement in framing the regional security agenda, and the vast application of security logic to migration and mobility as well as its absence in areas of biological and chemical weapons, extremism and weapons of mass destruction. This work’s final argument is that whilst the overall level of securitization throughout the three years remains low and partially inconsistent with the security priorities before 2010, the EU exhibited a particularly strong regional focus on Libya as well as a thematic one on migration and external borders.

  10. Wire bonding in microelectronics

    CERN Document Server

    Harman, George G

    2010-01-01

    Wire Bonding in Microelectronics, Third Edition, has been thoroughly revised to help you meet the challenges of today's small-scale and fine-pitch microelectronics. This authoritative guide covers every aspect of designing, manufacturing, and evaluating wire bonds engineered with cutting-edge techniques. In addition to gaining a full grasp of bonding technology, you'll learn how to create reliable bonds at exceedingly high yields, test wire bonds, solve common bonding problems, implement molecular cleaning methods, and much more. Coverage includes: Ultrasonic bonding systems and technologies, including high-frequency systems Bonding wire metallurgy and characteristics, including copper wire Wire bond testing Gold-aluminum intermetallic compounds and other interface reactions Gold and nickel-based bond pad plating materials and problems Cleaning to improve bondability and reliability Mechanical problems in wire bonding High-yield, fine-pitch, specialized-looping, soft-substrate, and extreme-temperature wire bo...

  11. A Comparison of a Machine Learning Model with EuroSCORE II in Predicting Mortality after Elective Cardiac Surgery: A Decision Curve Analysis.

    Science.gov (United States)

    Allyn, Jérôme; Allou, Nicolas; Augustin, Pascal; Philip, Ivan; Martinet, Olivier; Belghiti, Myriem; Provenchere, Sophie; Montravers, Philippe; Ferdynus, Cyril

    2017-01-01

    The benefits of cardiac surgery are sometimes difficult to predict and the decision to operate on a given individual is complex. Machine Learning and Decision Curve Analysis (DCA) are recent methods developed to create and evaluate prediction models. We conducted a retrospective cohort study using a prospective collected database from December 2005 to December 2012, from a cardiac surgical center at University Hospital. The different models of prediction of mortality in-hospital after elective cardiac surgery, including EuroSCORE II, a logistic regression model and a machine learning model, were compared by ROC and DCA. Of the 6,520 patients having elective cardiac surgery with cardiopulmonary bypass, 6.3% died. Mean age was 63.4 years old (standard deviation 14.4), and mean EuroSCORE II was 3.7 (4.8) %. The area under ROC curve (IC95%) for the machine learning model (0.795 (0.755-0.834)) was significantly higher than EuroSCORE II or the logistic regression model (respectively, 0.737 (0.691-0.783) and 0.742 (0.698-0.785), p machine learning model, in this monocentric study, has a greater benefit whatever the probability threshold. According to ROC and DCA, machine learning model is more accurate in predicting mortality after elective cardiac surgery than EuroSCORE II. These results confirm the use of machine learning methods in the field of medical prediction.

  12. The Vocal Euro-outsider: The UK in a Two-speed Europe

    DEFF Research Database (Denmark)

    Adler-Nissen, Rebecca

    2016-01-01

    The EU is divided between member states that have adopted the euro and those that have not. This article looks at the issue of differentiated integration with particular reference to eurozone integration and the euro-outsiders. I explore the recent public debate in the UK on euro......-outsiderness, comparing this with debates in Denmark. The article highlights some striking differences between the UK and Denmark when it comes to the actual management of euro-outsiderness in Brussels as well as some of the dilemmas facing euro-outsiders such as the UK, Denmark, Sweden and Poland as the EU struggles...... to exit its crises. Finally, I discuss the future of two-speed European integration and the UK's possible exit from the EU. The UK cannot escape the dilemma of favouring either influence or autonomy; whether the UK remains in or leaves the EU, it will need to allow the eurozone to proceed in order...

  13. ROMÂNIA – TEMERI ŞI PREGĂTIRI PENTRU TRECEREA LA MONEDA EURO

    Directory of Open Access Journals (Sweden)

    Gherghina Negrea

    2007-05-01

    Full Text Available The New Member States are going now, after joining the European Union in 2004 (ten ofthem and 2007(Romania and Bulgaria, on a new road, the one of introduction of the Europeancurrency – EURO. As various differences between them, in the economy stage, adoption of EURO willhave different periods in the states who are expecting these. Achieving only the economic conditions isnot the essential, an economic and social environment, favorable to the adoption of EURO is neededfor a success process.In this paper, we tray to see the stage of adhesion to the Euro, the perception in the newmember states, especially of the fears that are concern of the population and, in the end, a look at thestage and future actions of our country, hoping to introduce the Euro currency in 2014.

  14. Effect of nanoscale surface roughness on the bonding energy of direct-bonded silicon wafers

    Science.gov (United States)

    Miki, N.; Spearing, S. M.

    2003-11-01

    Direct wafer bonding of silicon wafers is a promising technology for manufacturing three-dimensional complex microelectromechanical systems as well as silicon-on-insulator substrates. Previous work has reported that the bond quality declines with increasing surface roughness, however, this relationship has not been quantified. This article explicitly correlates the bond quality, which is quantified by the apparent bonding energy, and the surface morphology via the bearing ratio, which describes the area of surface lying above a given depth. The apparent bonding energy is considered to be proportional to the real area of contact. The effective area of contact is defined as the area sufficiently close to contribute to the attractive force between the two bonding wafers. Experiments were conducted with silicon wafers whose surfaces were roughened by a buffered oxide etch solution (BOE, HF:NH4F=1:7) and/or a potassium hydroxide solution. The surface roughness was measured by atomic force microscopy. The wafers were direct bonded to polished "monitor" wafers following a standard RCA cleaning and the resulting bonding energy was measured by the crack-opening method. The experimental results revealed a clear correlation between the bonding energy and the bearing ratio. A bearing depth of ˜1.4 nm was found to be appropriate for the characterization of direct-bonded silicon at room temperature, which is consistent with the thickness of the water layer at the interface responsible for the hydrogen bonds that link the mating wafers.

  15. Euro VI particulate limits. Methods of development for GDI engines; Euro VI Partikelgrenzwerte. Entwicklungsmethoden fuer GDI Motoren

    Energy Technology Data Exchange (ETDEWEB)

    Fuchs, Heribert; Hopfner, Wolfgang; Kapus, Paul; Kortschak, Martin; Winklhofer, Ernst [AVL List GmbH, Graz (Austria)

    2011-07-01

    Development of direct injection spark ignition (DISI) engines is focussing on techniques to provide mixture quality and charge motion suitable for clean and fuel efficient combustion. A significant number of such DISI engines employ turbo charging. They most often operate under homogeneous and stoichiometric conditions. Charge stratification and fuel rich combustion modes are, however, selected for specific drive conditions and must be included into emissions development strategies. Particle mass and number emissions allowed by forthcoming Euro VI legistation for the NEDC test impose engine out limits which require mixture formation quality otherwise achieved in natural gas engines and in modern port injection engines. Such high quality mixture formation targets with direct injection of liquid fuel need development techniques including all relevant steps from engine concept selection until final vehicle calibration. This paper describes testing techniques supporting such development efforts from first hardware tests on single cylinder optical engines up to in-cylinder evaluation of mixture quality in vehicle calibration work. (orig.)

  16. Poor performances of EuroSCORE and CARE score for prediction of perioperative mortality in octogenarians undergoing aortic valve replacement for aortic stenosis.

    Science.gov (United States)

    Chhor, Vibol; Merceron, Sybille; Ricome, Sylvie; Baron, Gabriel; Daoud, Omar; Dilly, Marie-Pierre; Aubier, Benjamin; Provenchere, Sophie; Philip, Ivan

    2010-08-01

    Although results of cardiac surgery are improving, octogenarians have a higher procedure-related mortality and more complications with increased length of stay in ICU. Consequently, careful evaluation of perioperative risk seems necessary. The aims of our study were to assess and compare the performances of EuroSCORE and CARE score in the prediction of perioperative mortality among octogenarians undergoing aortic valve replacement for aortic stenosis and to compare these predictive performances with those obtained in younger patients. This retrospective study included all consecutive patients undergoing cardiac surgery in our institution between November 2005 and December 2007. For each patient, risk assessment for mortality was performed using logistic EuroSCORE, additive EuroSCORE and CARE score. The main outcome measure was early postoperative mortality. Predictive performances of these scores were assessed by calibration and discrimination using goodness-of-fit test and area under the receiver operating characteristic curve, respectively. During this 2-year period, we studied 2117 patients, among whom 134/211 octogenarians and 335/1906 nonoctogenarians underwent an aortic valve replacement for aortic stenosis. When considering patients with aortic stenosis, discrimination was poor in octogenarians and the difference from nonoctogenarians was significant for each score (0.58, 0.59 and 0.56 vs. 0.82, 0.81 and 0.77 for additive EuroSCORE, logistic EuroSCORE and CARE score in octogenarians and nonoctogenarians, respectively, P performances of these scores are poor in octogenarians undergoing cardiac surgery, especially aortic valve replacement. Risk assessment and therapeutic decisions in octogenarians should not be made with these scoring systems alone.

  17. Are electricity prices affected by the US dollar to Euro exchange rate? The Spanish case

    International Nuclear Information System (INIS)

    Munoz, M. Pilar; Dickey, David A.

    2009-01-01

    The objective of this paper is to investigate the relationships between Spanish electricity spot prices and the US dollar/Euro (USD/Euro) exchange rate during the period 2005-2007, taking into account the study of the association between dollar and oil prices, in order to better understand the evolution of the former over time. The first finding in this study is that Spanish electricity spots prices, the USD/Euro exchange rate and oil prices are cointegrated; therefore there is a long-run equilibrium relationship between the three variables. Short-run relationships have been detected between oil prices and Spanish electricity prices and USD/Euro exchange rate in the sense that Spanish electricity prices and USD/Euro exchange rate are affected by oil prices in the short run. There is a transmission of volatility between USD/Euro exchange rate and oil prices to Spanish electricity prices; so although Spanish electricity prices are not affected in level by the movements of USD/Euro exchange rate, they are in volatility. In this kind of scenario the conclusions confirm that for countries so dependent on external causes as Spain, one possible solution for guarantying the energy security would be the promotion of the renewable energies. Therefore we cannot ignore the impact in the internal expenses of the cost of installation and generation of green energies so there must be a balance between the increase in renewables and the reasonable market price of the electricity. (author)

  18. Advancing food, nutrition, and health research in Europe by connecting and building research infrastructures in a DISH-RI: Results of the EuroDISH project

    DEFF Research Database (Denmark)

    Snoek, Harriëtte M.; Eijssen, Lars M.T.; Geurts, Marjolein

    2018-01-01

    more effectively. Approach In the EuroDISH project we mapped existing RIs in the food and health area in Europe, identified outstanding needs, and synthesised this into a conceptual design of a pan-European DISH-RI. The DISH model was used to describe and structure the research area: Determinants...... of food choice, Intake of foods and nutrients, Status and functional markers of nutritional health, and Health and disease risk. Key findings The need to develop RIs in the food and health domain clearly emerged from the EuroDISH project. It showed the necessity for a unique interdisciplinary and multi......Background Research infrastructures (RIs) are essential to advance research on the relationship between food, nutrition, and health. RIs will facilitate innovation and allow insights at the systems level which are required to design (public health) strategies that will address societal challenges...

  19. AREVA invests 610 million euro in new uranium conversion plants

    International Nuclear Information System (INIS)

    2007-05-01

    AREVA today announced the launch of the Comurhex II project which will see the group build new uranium conversion facilities on the Malvesi site in Narbonne and Tricastin. Through this 610 million euro investment, AREVA aims to maintain its position as world no. 1 for conversion within a context of global nuclear energy. COMURHEX II integrates technological innovations from major R and D programs and return of experience from processes in operation for over forty years. Nuclear safety and reducing the impact on the environment were top priorities when designing the project. These future facilities will also lead to major savings of water and energy consumption and reduce effluents. The groundwork of the Comurhex II project has taken 150,000 hours of engineering over the past three years. Four hundred people will work on the site which will be launched in summer 2007. First industrial production is scheduled for 2012, based on 15,000 metric tons of uranium per year. This figure may be increased to 21,000 tons to meet market requirements

  20. Fight with energy producers is a fight for the euro

    International Nuclear Information System (INIS)

    Mucka, F.

    2006-01-01

    The battle between the cabinet and companies producing and distributing energy is not about meeting pre-election promises, i.e. decreasing the profits of companies in favour of consumers. The results of negotiations between the cabinet and companies will have a direct impact on Slovakians chances to adopt the common European currency by the planned deadline. Although in the pre-election period the Smer political party did not consider adoption of the euro in 2009 as a priority, the situation changed in the summer. In July, the Prime Minister supported the idea for the first time. His repeated statements supporting the plan to adhere to the original deadline were a part of his goal to stop the fall of the SKK exchange rate. Of all the Maastricht criteria applicable to Slovakia, the inflation criterion seems to be the most difficult one to meet assuming the cabinet keeps its word and government expenditure does not exceed its income by more than is permitted. It is more difficult to keep inflation below the set level than to meet the budget criterion. If Slovakia wants to join the monetary union on 1 January 2009, as of the end of first quarter 2007 inflation will have to be far lower than the current level. (author)

  1. Cold pressure welding - the mechanisms governing bonding

    DEFF Research Database (Denmark)

    Bay, Niels

    1979-01-01

    Investigations of the bonding surface in scanning electron microscope after fracture confirm the mechanisms of bond formation in cold pressure welding to be: fracture of work-hardened surface layer, surface expansion increasing the area of virgin surface, extrusion of virgin material through cracks...... of the original surface layer, and establishment of real contact and bonding between virgin material. This implies that normal pressure as well as surface expansion are basic parameters governing the bond strength. Experimental investigations of pressure welding Al-Al under plane strain compression in a specially...

  2. Signal analysis approach to ultrasonic evaluation of diffusion bond quality

    International Nuclear Information System (INIS)

    Thomas, Graham; Chinn, Diane

    1999-01-01

    Solid state bonds like the diffusion bond are attractive techniques for joining dissimilar materials since they are not prone to the defects that occur with fusion welding. Ultrasonic methods can detect the presence of totally unbonded regions but have difficulty sensing poor bonded areas where the substrates are in intimate contact. Standard ultrasonic imaging is based on amplitude changes in the signal reflected from the bond interface. Unfortunately, amplitude alone is not sensitive to bond quality. We demonstrated that there is additional information in the ultrasonic signal that correlates with bond quality. In our approach, we interrogated a set of dissimilar diffusion bonded samples with broad band ultrasonic signals. The signals were digitally processed and the characteristics of the signals that corresponded to bond quality were determined. These characteristics or features were processed with pattern recognition algorithms to produce predictions of bond quality. The predicted bond quality was then compared with the destructive measurement to assess the classification capability of the ultrasonic technique

  3. Regional differences in self-reported HIV care and management in the EuroSIDA study

    DEFF Research Database (Denmark)

    Laut, Kamilla Grønborg; Mocroft, Amanda; Lazarus, Jeffrey

    2014-01-01

    INTRODUCTION: EuroSIDA has previously reported a poorer clinical prognosis for HIV-positive individuals in Eastern Europe (EE) as compared with patients from other parts of Europe, not solely explained by differences in patient characteristics. We explored regional variability in self-reported HIV...... management at individual EuroSIDA clinics, with a goal of identifying opportunities to reduce the apparent inequalities in health. METHODS: A survey (www.chip.dk/eurosida/csurvey) on HIV management was conducted in early 2014 in all currently active EuroSIDA clinics. Responders in EE were compared...... with clinics in all other EuroSIDA regions combined (non-EE). Characteristics were compared between regions using Fishers exact test. RESULTS: A total of 80/97 clinics responded (82.5%, 12/15 in EE, 68/82 in non-EE). Participating clinics reported seeing a total of 133,532 patients [a median of 1300 per clinic...

  4. EURO-CARES as Roadmap for a European Sample Curation Facility

    Science.gov (United States)

    Brucato, J. R.; Russell, S.; Smith, C.; Hutzler, A.; Meneghin, A.; Aléon, J.; Bennett, A.; Berthoud, L.; Bridges, J.; Debaille, V.; Ferrière, L.; Folco, L.; Foucher, F.; Franchi, I.; Gounelle, M.; Grady, M.; Leuko, S.; Longobardo, A.; Palomba, E.; Pottage, T.; Rettberg, P.; Vrublevskis, J.; Westall, F.; Zipfel, J.; Euro-Cares Team

    2018-04-01

    EURO-CARES is a three-year multinational project funded under the European Commission Horizon2020 research program to develop a roadmap for a European Extraterrestrial Sample Curation Facility for samples returned from solar system missions.

  5. Euro kasutuselevõtuks ametnikel töö tehtud / Piret Reiljan

    Index Scriptorium Estoniae

    Reiljan, Piret, 1983-

    2007-01-01

    Eesti eurole üleminekut ette valmistanud ametnike koostatud infomaterjalid ja tegevuskavad on valmis, ent euro saabumise aeg pole veel teada. Diagramm: Inflatsioonimäär. Kommenteerivad Jan Linden ja Klas Eklund

  6. L'Europe prête 300 millions d'euros au CERN

    CERN Multimedia

    2003-01-01

    The BEI (Banque Européenne d'Investissement) will lent to CERN 300 millions of Euros, not only to build the new accelerator, but also to help to set up and european programm of research (1 paragraph)

  7. Bonding with Your Baby

    Science.gov (United States)

    ... the future bonding of the child and parent. Adoptive parents may be concerned about bonding with their ... general emotional support. And it's OK to ask family members and friends for help in the days — ...

  8. Monetary union and forest products trade- The case of the euro

    Science.gov (United States)

    Joseph Buongiorno

    2015-01-01

    The objective of this study was to determine if the establishment of a monetary union in European countries had affected the international trade of forest products between the euro-using countries. A differential gravity model of bilateral trade flows was developed and estimated with panel data for the bilateral trade between 12 euro countries from 1988 to 2013, for...

  9. Comparison between Euro NCAP test results and real-world crash data.

    Science.gov (United States)

    Kullgren, Anders; Lie, Anders; Tingvall, Claes

    2010-12-01

    The objective of this study was 2-fold: first, to compare Euro NCAP safety ratings of cars with those published by the Folksam real-world injury ratings; and second, to compare injury risk measures between Euro NCAP 2 and 5 Star cars with real-world injury and disability outcomes using police and insurance injury data. Car models were grouped according to the Euro NCAP star rating scores. Folksam risk of injury ratings come from statistical analysis of real-world crashes using police and insurance databases. The paired comparison method using 2-car crashes was used to control for crash speed and the mass differences between cars of different weights were normalized. For all comparisons, 5-star rated Euro NCAP cars were found to have a lower risk of injury compared to 2-star rated cars (5-star cars were 10% ± 2.5% lower risk than 2-star cars). For fatal and serious injuries, the difference was 23 ± 8 percent, and for fatal injuries alone the difference was 68 ± 32 percent. By comparison, the Folksam 5-star rated cars had a relative risk of 0.020 ± 0.0024, whereas 2-star rated car risk was 0.028 ± 0.0016, corresponding to a 27 percent difference in risk between 5- and 2-star cars. Good correlation was found between Euro NCAP test results and real-world injury outcomes. The largest difference in injury risk between 2- and 5-star rated cars in Euro NCAP was found for risk of fatality, confirming that car manufacturers have focused their safety performance on serious crash outcomes. In addition, Euro NCAP crash tests were shown to be highly correlated with serious crash performance, confirming their relevance for evaluating real-world crash performance. Good concordance was found between Euro NCAP and Folksam real-world crash and injury ratings.

  10. Did public health travel advice reach EURO 2012 football fans? A social network survey.

    Science.gov (United States)

    Janiec, J; Zielicka-Hardy, A; Polkowska, A; Rogalska, J; Sadkowska-Todys, M

    2012-08-02

    We posted a survey on the Union of European Football Associations (UEFA)’s EURO 2012 Facebook profile to evaluate whether public health travel advice, specifically on the importance of measles vaccination,reached fans attending EURO 2012. Responses suggested that these messages were missed by 77% of fans. Social networks could serve as innovative platforms to conduct surveys, enabling rapid access to target populations at low cost and could be of use during upcoming mass gatherings such as the Olympics.

  11. Australia's Bond Home Bias

    OpenAIRE

    Anil V. Mishra; Umaru B. Conteh

    2014-01-01

    This paper constructs the float adjusted measure of home bias and explores the determinants of bond home bias by employing the International Monetary Fund's high quality dataset (2001 to 2009) on cross-border bond investment. The paper finds that Australian investors' prefer investing in countries with higher economic development and more developed bond markets. Exchange rate volatility appears to be an impediment for cross-border bond investment. Investors prefer investing in countries with ...

  12. Source apportionment using LOTOS-EUROS: module description and evaluation

    Directory of Open Access Journals (Sweden)

    R. Kranenburg

    2013-06-01

    Full Text Available To design effective mitigation strategies, the origin of emissions which produce air pollutants needs to be known. Contributors to air pollutants can be emission sources, like road traffic or industry, but also be more specified to emission from one location or from a specified time. Chemistry transport models can be used to assess the origin of air pollution across a large domain. However, in traditional simulations the information on origin is lost and brute force scenario studies are performed to assess the origin. Alternatively, one can trace the origin of air pollutants throughout a simulation using a labeling approach. In this paper we document and demonstrate a newly developed labeling module for the chemistry transport model LOTOS-EUROS which tracks the source allocation for all particulate matter components and precursor gases. Dedicated simulations confirmed that the new module functions correctly. The new module provides more accurate information about the source contributions than using a brute force approach with scenario runs as the chemical regime remains unchanged. An important advantage of the new module is the reduction of computation costs and analysis work associated with the calculations. The new module was applied to assess the origin of particulate nitrate across the Netherlands. Averaged across the Dutch territory, the main contributions to nitrate are derived from road and non-road transport as well as power plants. Overall, only one-fifth of the concentration derived from sources located inside the country. The new technology enables new research directions as improved information on pollution origin is desired for policy support as well as scientific applications.

  13. [Tobacco smoking prevalence among students from Euro region Eastern Carpathians].

    Science.gov (United States)

    Zadarko, Emilian; Penar-Zadarko, Beata; Barabasz, Zbigniew

    2010-01-01

    Publisher in February 2008 WHO M-POWER report indicates that every year on the world tobacco epidemics kills 5.4 million of people and the analysis of tobacco smoking prevalence change shows great differences between European countries. It is estimated that in Poland 29% of adult people smokes, and 24% in Slovakia. However tobacco smoking among academic youth is still a big problem. The aim of the study was an attempt to estimate tobacco smoking prevalence among students from Poland and Slovakia. The study was conducted with the framework of science project: "Physical activity for the whole life". The aim of the project are multidirectional activities addressed to Polish-Slovakian students to create a system of taking care about health based on health education among students, selected modifying cardiovascular risk factors monitoring, as well as creating Internet portal to serve those goals. Project was co-fund by European Union from European Regional Development Fund - ERDF, as well as from the government budget by Euro Region Carpathians with the framework of Cross-border Co-operation Programme Republic of Poland - Slovakia Republic 2007-2013. Analysis considered 4584 group of students from University of Rzeszow and University of Presov, Technical University in Rzeszow and State Higher Vocational School in Krosno. The study was conducted from November 2009 to June 2010. The participation in the study was voluntary. The study was conducted using a diagnostics survey method with questionnaire. Chi-square test was used for statistical analysis. Based on results it was claimed that the majority of the studied group of students have never smoked and do not smoke cigarettes. Place of residence was a factor influencing the fact of tobacco smoking. Slovakian students were characterized by more frequent tobacco smoking. Far more often smoke man, both in Polish and Slovakian group. Among Polish students there was a relation between subjective health state assessment and

  14. Phenylacetylene and H bond

    Indian Academy of Sciences (India)

    ... all resembling H bonds. Non-linear H bonds due to secondary interactions. C-H stretching frequency shows blue shift. Heavy atom distances are longer than the sum of van der Waals radii. Formed a task group through IUPAC to come up with a modern definition of H bond. 15 international experts including Desiraju.

  15. Areva At December 31, 2010: Revenue rises to euros 9.104 bn: + 6.7% Backlog rises to euros 44.2 bn: + 2.0%

    International Nuclear Information System (INIS)

    2011-01-01

    In 2010, AREVA's consolidated revenue rose 6.7% to 9.104 billion euros (+ 5.1% growth like-for-like) compared with 2009. The Mining-Front End Business Group and the Reactors and Services Business Group were the leading growth engines, with revenue growth of 6.7% and 8.9% respectively. Foreign exchange had a positive impact of 141 million euros and the scope of consolidation remained stable over the period. Fourth quarter 2010 revenue totaled 2.936 billion euros, an increase of 7.7% (+4.8% like-for-like) compared with the fourth quarter of 2009, due in particular to 18.1% growth in the Mining-Front End BG. Foreign exchange had an impact of 58 million euros over the period. The group's backlog came to 44.2 billion euros at December 31, 2010, up 2.0% in relation to December 31, 2009. The backlog grew in the Mining-Front End and Renewable Energies BGs. Installed Base Business operations held up well, replenishing the backlog for the Reactors and Services BG. The agreement with the Indian utility NPCIL concerning the construction of two EPR TM reactors and fuel cycle supply for 25 years was not recorded in the backlog at December 31, 2010. The change in the Back End BG's backlog reflects the implementation of contracts signed in previous years. Nearly one billion euros in letters of intent signed in 2010 with US utilities corresponding to pre-sold production from the future enrichment plant were not included in the Mining-Front End BG's backlog. The backlog of the Mining-Front End BG came to 28.902 billion euros at December 31, 2010, up 4% compared with the end of 2009. Contracts won in 2010 include: - the 10-year uranium supply contract with CGNPC for approximately 3.5 billion dollars; - several other multi-year contracts signed in the front end of the cycle with US and Asian utilities. For the full year of 2010, the Mining-Front End BG reported revenue of 3.704 billion euros, an increase of 6.7% on a reported basis and of 4.2% LFL. Foreign exchange had a positive

  16. Chemical bond fundamental aspects of chemical bonding

    CERN Document Server

    Frenking, Gernot

    2014-01-01

    This is the perfect complement to ""Chemical Bonding - Across the Periodic Table"" by the same editors, who are two of the top scientists working on this topic, each with extensive experience and important connections within the community. The resulting book is a unique overview of the different approaches used for describing a chemical bond, including molecular-orbital based, valence-bond based, ELF, AIM and density-functional based methods. It takes into account the many developments that have taken place in the field over the past few decades due to the rapid advances in quantum chemica

  17. Infant feeding and allergy prevention: a review of current knowledge and recommendations. A EuroPrevall state of the art paper

    DEFF Research Database (Denmark)

    Grimshaw, K.E.C.; Allen, K.; Edwards, C.A.

    2009-01-01

    of firm evidence the recommendations differ widely. This review has been developed as part of EuroPrevall, a European multicentre research project funded by the European Union, to document the differing feeding recommendations made across Europe, to investigate the current evidence base for any allergy......The relationship between infant feeding patterns and the later development of food allergies has been the focus of much debate and research over the last decade. National recommendations have been made by many countries on how to feed infants to reduce the risk of food allergy but due to the lack...... prevention feeding recommendations and to identify areas where further research is needed. This review will also provide information which, when combined with the infant feeding data collected as part of EuroPrevall, will give an indication of compliance to national feeding guidelines which can be utilised...

  18. Infant feeding and allergy prevention: a review of current knowledge and recommendations. A EuroPrevall state of the art paper.

    LENUS (Irish Health Repository)

    Grimshaw, K E C

    2009-10-01

    The relationship between infant feeding patterns and the later development of food allergies has been the focus of much debate and research over the last decade. National recommendations have been made by many countries on how to feed infants to reduce the risk of food allergy but due to the lack of firm evidence the recommendations differ widely. This review has been developed as part of EuroPrevall, a European multicentre research project funded by the European Union, to document the differing feeding recommendations made across Europe, to investigate the current evidence base for any allergy prevention feeding recommendations and to identify areas where further research is needed. This review will also provide information which, when combined with the infant feeding data collected as part of EuroPrevall, will give an indication of compliance to national feeding guidelines which can be utilised to assess the effectiveness of current dissemination and implementation strategies.

  19. Areva excellent business volume: backlog as of december 31, 2008: + 21.1% to 48.2 billion euros. 2008 revenue: + 10.4% to 13.2 billion euros

    International Nuclear Information System (INIS)

    2009-01-01

    AREVA's backlog stood at 48.2 billion euros as of December 31, 2008, for 21.1% growth year-on-year, including 21.8% growth in Nuclear and 16.5% growth in Transmission and Distribution. The Nuclear backlog came to 42.5 billion euros at December 31, 2008. The Transmission and Distribution backlog came to 5.7 billion euros at year-end. The group recognized revenue of 13.2 billion euros in 2008, for year-on-year growth of 10.4% (+9.8% like-for-like). Revenue outside France was up 10.5% to 9.5 billion euros, representing 72% of total revenue. Revenue was up 6.5% in the Nuclear businesses (up 6.3% LFL), with strong performance in the Reactors and Services division (+10.9% LFL) and the Front End division (+7.2% LFL). The Transmission and Distribution division recorded growth of 17% (+15.8% LFL). Revenue for the fourth quarter of 2008 rose to 4.1 billion euros, up 5.2% (+1.6% LFL) from that of the fourth quarter of 2007. Revenue for the Front End division rose to 3.363 billion euros in 2008, up 7.1% over 2007 (+7.2% LFL). Foreign exchange (currency translations) had a negative impact of 53 million euros. Revenue for the Reactors and Services division rose to 3.037 billion euros, up 11.8% over 2007 (+10.9% LFL). Foreign exchange (currency translations) had a negative impact of 47 million euros. Revenue for the Back End division came to 1.692 billion euros, a drop of 2.7% (-2.5% LFL). Foreign exchange (currency translations) had a negative impact of 3.5 million euros. Revenue for the Transmission and Distribution division rose to 5.065 billion euros in 2008, up 17.0% (+15.8% LFL)

  20. The Greek Crisis and the Generalization of Euro in European Union

    Directory of Open Access Journals (Sweden)

    Octavian PERPELEA

    2015-09-01

    Full Text Available In December 1991 the question of a single European currency is born, perhaps the most powerful glue of a united Europe. It might sound weird, the Greek crisis finds its root causes in ambiguity and inconsistency that treaty and, in the depths of contemporary history, the decision by Churchill and Stalin to bring Greece, East-European with the most powerful communist movement in the area, under the Western sphere of influence. So it is that Greece, after has experienced extreme political (kingdom, civil war, republic, military dictatorship and strong passions left, is admitted in 1981, the EEC “(... treated recklessly and tolerant European partners who did not exercise any control over them, nor have forced on performance targets.” So, ideal conditions for real “debauchery” that this country financially practiced under the nose of the EU, especially after entering the euro zone. As a result, the global crisis was “the occasion and not the cause” of the crisis and it finds its roots in Greek behaviour – governments and the public alike. The rational “solutions” are actually are... is only one – agreement with the EU because GREXIT, although possible, is ...inconceivable.

  1. Areva excellent business volume: backlog as of december 31, 2008: + 21.1% to 48.2 billion euros. 2008 revenue: + 10.4% to 13.2 billion euros; Areva excellent niveau d'activite: carnet de commandes au 31/12/2008: + 21,1% a 48,2 Mds d'euros. Chiffre d'affaires de l'exercice 2008: + 10,4% a 13,2 Mds d'euros

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-07-01

    AREVA's backlog stood at 48.2 billion euros as of December 31, 2008, for 21.1% growth year-on-year, including 21.8% growth in Nuclear and 16.5% growth in Transmission and Distribution. The Nuclear backlog came to 42.5 billion euros at December 31, 2008. The Transmission and Distribution backlog came to 5.7 billion euros at year-end. The group recognized revenue of 13.2 billion euros in 2008, for year-on-year growth of 10.4% (+9.8% like-for-like). Revenue outside France was up 10.5% to 9.5 billion euros, representing 72% of total revenue. Revenue was up 6.5% in the Nuclear businesses (up 6.3% LFL), with strong performance in the Reactors and Services division (+10.9% LFL) and the Front End division (+7.2% LFL). The Transmission and Distribution division recorded growth of 17% (+15.8% LFL). Revenue for the fourth quarter of 2008 rose to 4.1 billion euros, up 5.2% (+1.6% LFL) from that of the fourth quarter of 2007. Revenue for the Front End division rose to 3.363 billion euros in 2008, up 7.1% over 2007 (+7.2% LFL). Foreign exchange (currency translations) had a negative impact of 53 million euros. Revenue for the Reactors and Services division rose to 3.037 billion euros, up 11.8% over 2007 (+10.9% LFL). Foreign exchange (currency translations) had a negative impact of 47 million euros. Revenue for the Back End division came to 1.692 billion euros, a drop of 2.7% (-2.5% LFL). Foreign exchange (currency translations) had a negative impact of 3.5 million euros. Revenue for the Transmission and Distribution division rose to 5.065 billion euros in 2008, up 17.0% (+15.8% LFL)

  2. A CHALLENGE OF TRUST: CAN DISTRUST KILL THE EURO?

    Directory of Open Access Journals (Sweden)

    Nataliia Kostiuchenko

    2015-11-01

    Full Text Available The purpose of the paper is to determine the dynamics of trust in the ECB in the most recent period, to compare the findings with a previous study of Farvaque et al. (2010 and to explore the question of importance of citizen’s trust in public institution for the economic performance of the country. This paper is dedicated to the study of the determinants of trust in the European Central Bank. The study attempts to give an answer to a question posed in introduction: can distrust kill the euro? After the world economic crisis the trust in the ECB began to deteriorate. Citizen’s trust in public institutions plays an important role for the economic performance of the country. Methology. We rely on the micro data from the European Commission’s Eurobarometer survey. This paper contributes empirically to the existing literature dedicated to the issue of trust in public institutions. The responses in 15 EU-member countries were taken into account. The present work uses the model of Farvaque et al. (2010 extending the time frame considered previously, giving a broader picture on this issue using the most recent data. Results. In accordance with our findings, the population that support the ECB is approximately equal to the population that does not trust in the community bank, with a mean value of 0,51. Even if there are still more supporters of the ECB, this data should provide an alarm for the European institutional framework, in consideration that in 1999 (in accordance with Farvaque et al. (2010 the mean value was 0,67. Practical implications. According to our findings, still people with higher level of education, people with a higher social status, people with center or right-wing political orientation, people with optimistic expectations on the economic situation have more trust in the ECB. However, we have found that women have become more supportive about the ECB than men in contrast with the findings of Farvaque et al. (2010. Value

  3. Avaliação do EuroSCORE como preditor de mortalidade em cirurgia cardíaca valvar no Instituto do Coração de Pernambuco Assesment of the EuroSCORE as a predictor for mortality in valve cardiac surgery at the Heart Institute of Pernambuco

    Directory of Open Access Journals (Sweden)

    Isaac Newton Guimarães Andrade

    2010-03-01

    included in the study. Hospital death was the end-point of the study. In order to assess the applicability of the EuroSCORE it was used the non parametric test of Mann-Whitney. The calibration of the model was measured by comparing the morbidity observed with that expected, using the Hosmer-Lemeshow Test of Goodness of Fit. The accuracy of the model was evaluated by the ROC curve (receiver operating characteristic curve. RESULTS: The comparison of expected and observed mortality, by Hosmer-Lemershow test, showed good predictive capacity (P = 0.767 as well as when compared to each value of addictive EuroSCORE (P = 0,455. The area of ROC curve was 0.731 (IC 95%, 0.660 - 0.793 with P 6 included 131 patients, with a mortality of 20.6%. The regression logistic analyses allowed to identify the following risk-factors for death: age > 60 years, gender female, previous operation, active endocarditis, associated surgery of the thoracic aorta and extra-cardiac arteriopathy. CONCLUSION: The EuroSCORE, a simple and objective method, proved to be a satisfactory predictor of operative mortality and risk factors for death in patients submitted to valve cardiac operations in the Heart Institute of Pernambuco.

  4. The Impact of EuroSCORE II Risk Factors on Prediction of Long-Term Mortality.

    Science.gov (United States)

    Barili, Fabio; Pacini, Davide; D'Ovidio, Mariangela; Dang, Nicholas C; Alamanni, Francesco; Di Bartolomeo, Roberto; Grossi, Claudio; Davoli, Marina; Fusco, Danilo; Parolari, Alessandro

    2016-10-01

    The European System for Cardiac Operation Risk Evaluation (EuroSCORE) II has not been tested yet for predicting long-term mortality. This study was undertaken to evaluate the relationship between EuroSCORE II and long-term mortality and to develop a new algorithm based on EuroSCORE II factors to predict long-term survival after cardiac surgery. Complete data on 10,033 patients who underwent major cardiac surgery during a 7-year period were retrieved from three prospective institutional databases and linked with the Italian Tax Register Information System. Mortality at follow-up was analyzed with time-to-event analysis. The Kaplan-Meier estimates of survival at 1 and 5 were, respectively, 95.0% ± 0.2% and 84.7% ± 0.4%. Both discrimination and calibration of EuroSCORE II decreased in the prediction of 1-year and 5-year mortality. Nonetheless, EuroSCORE II was confirmed to be an independent predictor of long-term mortality with a nonlinear trend. Several EuroSCORE II variables were independent risk factors for long-term mortality in a regression model, most of all very low ejection fraction (less than 20%), salvage operation, and dialysis. In the final model, isolated mitral valve surgery and isolated coronary artery bypass graft surgery were associated with improved long-term survival. The EuroSCORE II cannot be considered a direct estimator of long-term risk of death, as its performance fades for mortality at follow-up longer than 30 days. Nonetheless, it is nonlinearly associated with long-term mortality, and most of its variables are risk factors for long-term mortality. Hence, they can be used in a different algorithm to stratify the risk of long-term mortality after surgery. Copyright © 2016 The Society of Thoracic Surgeons. Published by Elsevier Inc. All rights reserved.

  5. Financial integration of stock markets among new EU member states and the euro area

    Czech Academy of Sciences Publication Activity Database

    Babetskii, Ian; Komárek, L.; Komárková, Z.

    2007-01-01

    Roč. 57, 7-8 (2007), s. 341-362 ISSN 0015-1920 Grant - others:GA ČR(CZ) GA402/05/2758 Institutional research plan: CEZ:AV0Z70850503 Keywords : financial integration * stock markets * European Union Subject RIV: AH - Economics Impact factor: 0.382, year: 2007 http://journal.fsv.cuni.cz/storage/1083_fau_7_8_2007_000000000039.pdf

  6. Competitiveness in the Southern Euro Area; France, Greece, Italy, Portugal, and Spain

    OpenAIRE

    Bogdan Lissovolik; Julio Escolano; Stefania Fabrizio; Werner Schule; Herman Z Bennett; Stephen Tokarick; Yuan Xiao; Marialuz Moreno Badia; Eva Gutierrez; Iryna V. Ivaschenko

    2008-01-01

    This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation (sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors. Disaggregated analysis of goo...

  7. Migration, financial flows and development in the Euro-Mediterranean area

    DEFF Research Database (Denmark)

    Gallina, Andrea

    2006-01-01

    as to the conclusions: that by the turn of the twenty-first century migration would become an explosive issue for the Mediterranean region, and that today we are facing the consequences. The risk described as a ‘demographic bomb’ is no longer a risk; it has exploded and can be seen in the daily dramas along the Italian...

  8. Financial Globalisation and the Spatial Limitations of the Financial-monetary Integration in the Euro Area

    OpenAIRE

    Zoltán Gál

    2015-01-01

    As countries of the world used large amounts of public funds to manage the 2008 financial crisis, public debt has risen to a critical level in many of them. Due to the drop in real economy, several countries faced unemployment and economic fallback that are still unresolved to this day. After the crisis, many were concerned how to restore the confidence in financial institutions and how banks can better contribute to sustainable social and economic growth. This paper discusses corporate socia...

  9. The Revenue Side of a Universal Basic Income in the EU and Euro Area

    Directory of Open Access Journals (Sweden)

    Mencinger Jože

    2015-09-01

    Full Text Available This paper tries to answer the question of whether universal basic income on the European level is a realistic option or an illusion. As UBI implies a much larger EU budget and a redistribution of collected budget revenues, the chance of introducing UBI depends on the required redistribution – the larger the redistribution, the lower the chance. The chance is indirectly assessed by an exercise in which 50 percent of actual tax revenues generated by indirect taxes of member states is collected at the center and distributed equally to all citizens. Though the net costs to the rich are relatively modest, the results indicate that the idea of introducing UBI on the European level is an illusion.

  10. Inflation persistence: is it similar in the new EU member states and the euro area members?

    Czech Academy of Sciences Publication Activity Database

    Franta, Michal; Saxa, Branislav; Šmídková, K.

    -, 25/2008 (2008), s. 1-35 Grant - others:Česká národní banka(CZ) B4/2003 Institutional research plan: CEZ:AV0Z70850503 Keywords : inflation persistence * new EU member states * new hybrid Phillips curve Subject RIV: AH - Economics http://ies.fsv.cuni.cz/default/file/download/id/9070

  11. Inflation persistence in new EU member states: is it different than in the euro area members?

    Czech Academy of Sciences Publication Activity Database

    Franta, Michal; Saxa, Branislav; Šmídková, Kateřina

    -, č. 10 (2007), s. 1-37 ISSN 1803-2397 Institutional research plan: CEZ:AV0Z70850503 Keywords : inflation persistence * new hybrid Phillips curve * new EU member states Subject RIV: AH - Economics http://www.cnb.cz/m2export/sites/www.cnb.cz/en/research/research_publications/cnb_wp/download/cnbwp_2007_10.pdf

  12. Forecasting Euro Area Inflation Using Single-Equation and Multivariate VAR–Models

    Directory of Open Access Journals (Sweden)

    Gerdesmeier Dieter

    2017-12-01

    Full Text Available Forecasting inflation is of key relevance for central banks, not least because the objective of low and stable inflation is embodied in most central banks’ mandates and the monetary policy transmission mechanism is well known to be subject to long and variable lags. To our best knowledge, central banks around the world use conditional as well as unconditional forecasts for such purposes. Turning to unconditional forecasts, these can be derived on the basis of structural and non-structural models. Among the latter, vector autoregressive (VAR-models are among the most popular tools.

  13. Some Implications of New Regulatory Measures for Euro Area Money Markets

    OpenAIRE

    Doran, David; Kirrane, Caroline; Masterson, Mary

    2014-01-01

    A number of banking and financial market regulations have been proposed in response to the financial crisis; in particular the Basel III solvency and liquidity rules. These enhanced regulatory standards intend to ensure that banks and banking systems are significantly more resilient in the future than was the case in the run-up to the financial crisis. However, there have been concerns that the extent and range of the new regulatory measures may lead to unintended shifts in market behaviour. ...

  14. Will business cycles in the Euro Area converge : a critical survey of empirical research

    NARCIS (Netherlands)

    Haan, Jakob de; Inklaar, Robert; Jong-A-Pin, Richard

    2005-01-01

    The industrial revolution is mostly seen as a supply side phenomenon. Ever since Gilboy stated that factors of demand may have been equally important, scholars have stressed the importance of investments and technological change. This paper re-considers Gilboy’s ideas, using the dataset of the Dutch

  15. Financial market fragmentation and monetary transmission in the euro area: what do we know?

    Czech Academy of Sciences Publication Activity Database

    Horváth, Roman

    (2017) ISSN 1748-7870 R&D Projects: GA ČR GA16-09190S Institutional support: RVO:67985556 Keywords : financial market fragmentation * monetary transmission * European Central Bank Subject RIV: AH - Economics Impact factor: 0.925, year: 2016 http://library.utia.cas.cz/separaty/2017/E/horvath-0478988.pdf

  16. Financial integration of stock markets among new EU member states and the euro area

    Czech Academy of Sciences Publication Activity Database

    Babecký, Jan; Komárek, L.; Komárková, Z.

    -, č. 849 (2008), s. 1-27 ISSN 0083-7350 Institutional research plan: CEZ:AV0Z70850503 Keywords : stock markets * convergence * new EU member states Subject RIV: AH - Economics http://www2.warwick.ac.uk/fac/soc/economics/ research /papers/twerp_849.pdf

  17. Low interest rates - do they revise household saving motives in the Euro area?

    Directory of Open Access Journals (Sweden)

    Katarzyna Kochaniak

    2016-07-01

    Full Text Available This paper presents the impact of decreasing MFI interest rates on household deposits and saving goals in 12 Monetary Union member countries in the years 2009-2015. It analyses tendencies in household deposits (overnight, with agreed maturity and redeemable at notice, and attempts to link them with certain household saving motives (target, retirement and precautionary. The paper identifies those deposit categories which appeared as sensitive to declining interest rates and indicates the Eurozone countries whose populations are expected to revise their savings plans. Precise implications are drawn for target saving motives of households in Austria, Cyprus and Malta. However, in the case of two other motives, the analysis does not conclude on the impact of decreasing MFI interest rates.

  18. The novel EuroSCORE II algorithm predicts the hospital mortality of thoracic aortic surgery in 461 consecutive Japanese patients better than both the original additive and logistic EuroSCORE algorithms.

    Science.gov (United States)

    Nishida, Takahiro; Sonoda, Hiromichi; Oishi, Yasuhisa; Tanoue, Yoshihisa; Nakashima, Atsuhiro; Shiokawa, Yuichi; Tominaga, Ryuji

    2014-04-01

    The European System for Cardiac Operative Risk Evaluation (EuroSCORE) II was developed to improve the overestimation of surgical risk associated with the original (additive and logistic) EuroSCOREs. The purpose of this study was to evaluate the significance of the EuroSCORE II by comparing its performance with that of the original EuroSCOREs in Japanese patients undergoing surgery on the thoracic aorta. We have calculated the predicted mortalities according to the additive EuroSCORE, logistic EuroSCORE and EuroSCORE II algorithms in 461 patients who underwent surgery on the thoracic aorta during a period of 20 years (1993-2013). The actual in-hospital mortality rates in the low- (additive EuroSCORE of 3-6), moderate- (7-11) and high-risk (≥11) groups (followed by overall mortality) were 1.3, 6.2 and 14.4% (7.2% overall), respectively. Among the three different risk groups, the expected mortality rates were 5.5 ± 0.6, 9.1 ± 0.7 and 13.5 ± 0.2% (9.5 ± 0.1% overall) by the additive EuroSCORE algorithm, 5.3 ± 0.1, 16 ± 0.4 and 42.4 ± 1.3% (19.9 ± 0.7% overall) by the logistic EuroSCORE algorithm and 1.6 ± 0.1, 5.2 ± 0.2 and 18.5 ± 1.3% (7.4 ± 0.4% overall) by the EuroSCORE II algorithm, indicating poor prediction (P algorithms were 0.6937, 0.7169 and 0.7697, respectively. Thus, the mortality expected by the EuroSCORE II more closely matched the actual mortality in all three risk groups. In contrast, the mortality expected by the logistic EuroSCORE overestimated the risks in the moderate- (P = 0.0002) and high-risk (P < 0.0001) patient groups. Although all of the original EuroSCOREs and EuroSCORE II appreciably predicted the surgical mortality for thoracic aortic surgery in Japanese patients, the EuroSCORE II best predicted the mortalities in all risk groups.

  19. The correlation between pedestrian injury severity in real-life crashes and Euro NCAP pedestrian test results.

    Science.gov (United States)

    Strandroth, Johan; Rizzi, Matteo; Sternlund, Simon; Lie, Anders; Tingvall, Claes

    2011-12-01

    was 17, 26, and 38 percent for 1, 5, and 10 percent of medical impairment, respectively. These results applied to urban areas with speed limits up to 50 km/h, although no significant reduction was found in higher speed zones. Regarding cars with BA, the null hypothesis could not be rejected at p = .05; hence, no significant results of injury reduction were found. A significant correlation between Euro NCAP pedestrian score and injury outcome in real-life car-to-pedestrian crashes was found. Injury reduction was found to be higher with increasing severity and level of permanent medical impairment. The difference between 1- and 2-star cars is 17 percent in mean risk of permanent medical impairment (mRSC) 1%+, 26 percent in mRSC 5%+, and 38 percent in mRSC 10%+ for crashes in speed zones up to 50 km/h. Brake assist was not found to provide a statistically significant injury reduction.

  20. LE BINOME EURO-DOLLAR SOUS LE SIGNE DE L’INCERTITUDE

    Directory of Open Access Journals (Sweden)

    Ana Bal

    2009-03-01

    Full Text Available Will the Dollar remain the dominant international currency (mainly as a reserve currency? To answer this question, the paper presents in the first part the opinions of the most prominent experts concerning the determinant factors of an international currency status, in the two sphere of utilization: public and private. The most important are: the magnitude of the economies of emission, the externalities of network, the liquidity of their financial market, the confidence in their stability. Then there follows the evaluations concerning the two international currencies, Dollar and Euro, from these perspectives. Finally, the paper evaluates their role as measure of value, instrument of reserve and instrument of payment in the international economic relations. In the second part, the paper evaluates the recent tendencies of the exchange rate Euro/Dollar (2006-2008 from the point of view of fundamentals. After a period of depreciation, from the middle of the year 2008 until now, the dollar marked an unexpected appreciation towards the euro. But, the global financial and economic crisis increases the incertitude concerning the evolution of the exchange rate euro/dollar. Undoubtedly the two currencies will remain the prominent international currencies and the dollar the main reserve currency. Finally the paper presents Mundell’s proposal of stabilization of the binomial euro/dollar.

  1. BONDING ALUMINUM METALS

    Science.gov (United States)

    Noland, R.A.; Walker, D.E.

    1961-06-13

    A process is given for bonding aluminum to aluminum. Silicon powder is applied to at least one of the two surfaces of the two elements to be bonded, the two elements are assembled and rubbed against each other at room temperature whereby any oxide film is ruptured by the silicon crystals in the interface; thereafter heat and pressure are applied whereby an aluminum-silicon alloy is formed, squeezed out from the interface together with any oxide film, and the elements are bonded.

  2. Copper wire bonding

    CERN Document Server

    Chauhan, Preeti S; Zhong, ZhaoWei; Pecht, Michael G

    2014-01-01

    This critical volume provides an in-depth presentation of copper wire bonding technologies, processes and equipment, along with the economic benefits and risks.  Due to the increasing cost of materials used to make electronic components, the electronics industry has been rapidly moving from high cost gold to significantly lower cost copper as a wire bonding material.  However, copper wire bonding has several process and reliability concerns due to its material properties.  Copper Wire Bonding book lays out the challenges involved in replacing gold with copper as a wire bond material, and includes the bonding process changes—bond force, electric flame off, current and ultrasonic energy optimization, and bonding tools and equipment changes for first and second bond formation.  In addition, the bond–pad metallurgies and the use of bare and palladium-coated copper wires on aluminum are presented, and gold, nickel and palladium surface finishes are discussed.  The book also discusses best practices and re...

  3. Media image of sport volunteering during the UEFA Euro 2012™ and the motives for social work and its style of volunteers working in Poznan and in Poland

    Directory of Open Access Journals (Sweden)

    Marek Brdak

    2015-11-01

    Abstract   Background: Volunteering in sport is the most popular and media form of pro-social work in Europe. In Poland, to such activity the conditions are still creating by the largest growth of numbers of institutions active in the public sector in the field of sport, recreation, tourism and hobbies. Interest in volunteering at sport events is increasing, especially among young people. The media image of sport volunteering is adopted by the organizer with chosen promotional strategy. The associated expectations of the participants, their motivation and style of behaving during participation in volunteer project as a consequence are also factors determining the media image of sport volunteering.   Aim: The aim of the study is to compare the style of engaging in social work of their participants and motives of taking that kind of work by volunteers working in Poznan. Material and Method: The analysis included data available on the Internet regarding to organization of volunteer work during the UEFA Euro 2012™ in Poland and Ukraine as well as literature review regarding to the motivation to unpaid work in Poland. The motives of engaging in to volunteering as well as style of that work was compared between groups of participants of volunteering at UEFA Euro 2012™ in Poznan and Poland.   Results: Volunteering at UEFA Euro 2012™ was separated on two areas, sports and urban and was coordinated by different organizers. The convergence between the motivational climate created by organizers of two independent volunteer projects at UEFA Euro 2012™ and motives for social work of its participants is visible. Encouraging volunteers to unpaid work in sport area of tournament by presenting it as a possibility to feel the sports atmosphere was similar to motives and significant more often reported by its volunteers than volunteers working in urban zone. Altruistic motives underlying in social activities significantly more often were reported by volunteers working in

  4. The impact of adopting the euro currency for the Romanian economy

    Directory of Open Access Journals (Sweden)

    Mandescu, I.

    2013-06-01

    Full Text Available Given that Romania joined the European Union in the hope that in the future the population will have a standard of living similar to that of the community, at present we should continue the efforts to fulfil all the necessary conditions of entry into the great European family. Regardless of the economic problems that our country is facing to join the euro zone, imposed by the need to fulfil the convergence criteria, the adoption of the euro by Romania can be an important achievement of our country, resulting from a sustained process that started many years ago. Although the political decision makers have set a 2015 deadline for the completion of this process, the adoption of the euro currency should not be seen as a purpose itself, but should be followed for the benefits it could bring to the Romanian population.

  5. EuroPhenome and EMPReSS: online mouse phenotyping resource.

    Science.gov (United States)

    Mallon, Ann-Marie; Blake, Andrew; Hancock, John M

    2008-01-01

    EuroPhenome (http://www.europhenome.org) and EMPReSS (http://empress.har.mrc.ac.uk/) form an integrated resource to provide access to data and procedures for mouse phenotyping. EMPReSS describes 96 Standard Operating Procedures for mouse phenotyping. EuroPhenome contains data resulting from carrying out EMPReSS protocols on four inbred laboratory mouse strains. As well as web interfaces, both resources support web services to enable integration with other mouse phenotyping and functional genetics resources, and are committed to initiatives to improve integration of mouse phenotype databases. EuroPhenome will be the repository for a recently initiated effort to carry out large-scale phenotyping on a large number of knockout mouse lines (EUMODIC).

  6. Problems Regarding The Possible Withdrawal Of Some Member States From The Euro Zone

    Directory of Open Access Journals (Sweden)

    Silviu Marius ȘEITAN

    2012-09-01

    Full Text Available By taking into consideration the actual difficult macroeconomic situation of some of the Member States of the Euro Zone, as it was already published, as a scenario, the possibility of the avoiding of the member State position, the present paper will propose, as analysis subjects, the main impact elements on the other European national economies of such producing scenario. The main risks associated of such scenario, even if such process will be an administrated one, are the following ones: - the depreciation of the Euro as a result of the economic instability perception at the Euro Zone level; - the reducing of the European Budget incomes; - the reducing of the European Central banks working founds; - a very important risk which also have the character of political risk and which have an important position being a source of complex and difficult European macroeconomic problems, could be the precedent thus created towards other member states possible process of avoiding the member state position.

  7. Uppermost mantle seismic velocity and anisotropy in the Euro-Mediterranean region from Pn and Sn tomography

    Science.gov (United States)

    Díaz, J.; Gil, A.; Gallart, J.

    2013-01-01

    In the last 10-15 years, the number of high quality seismic stations monitoring the Euro-Mediterranean region has increased significantly, allowing a corresponding improvement in structural constraints. We present here new images of the seismic velocity and anisotropy variations in the uppermost mantle beneath this complex area, compiled from inversion of Pn and Sn phases sampling the whole region. The method of Hearn has been applied to the traveltime arrivals of the International Seismological Center catalogue for the time period 1990-2010. A total of 579 753 Pn arrivals coming from 12 377 events recorded at 1 408 stations with epicentral distances between 220 km and 1 400 km have been retained after applying standard quality criteria (maximum depth, minimum number of recordings, maximum residual values …). Our results show significant features well correlated with surface geology and evidence the heterogeneous character of the Euro-Mediterranean lithosphere. The station terms reflect the existence of marked variations in crustal thickness, consistent with available Moho depths inferred from active seismic experiments. The highest Pn velocities are observed along a continuous band from the Po Basin to the northern Ionian Sea. Other high velocity zones include the Ligurian Basin, the Valencia Trough, the southern Alboran Sea and central part of the Algerian margin. Most significant low-velocity values are associated to orogenic belts (Betics, Pyrenees, Alps, Apennines and Calabrian Arc, Dinarides-Hellenides), and low-velocity zones are also identified beneath Sardinia and the Balearic Islands. The introduction of an anisotropic term enhances significantly the lateral continuity of the anomalies, in particular in the most active tectonic areas. Pn anisotropy shows consistent orientations subparallel to major orogenic structures, such as Betics, Apennines, Calabrian Arc and Alps. The Sn tomographic image has lower resolution but confirms independently most of the

  8. Poweo - 2007 revenue of 363 million euro, up 48%; Poweo - Chiffre d'affaires 2007 de 363 millions euro, en hausse de 48%

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-02-15

    Poweo, the leading independent energy operator in France, presents its key activity indicators for the 4. quarter 2007 and the overall 2007 year (non-audited data): electricity and gas sales, energy and service supplies, revenue, margin and income. The main results are summarized thereafter: 129.8 million euro revenue for the 4. quarter (67.1% of positive growth with respect to 2006); 363.1 million euro revenue for 2007 (48.5% increase with respect to 2006); 91431 active client sites on December 31, 2007 (80300 on December 31, 2006); 13000 new residential client sites registered since the beginning of 2008; more than 3800 MW of fossil fuel power plant projects and 1200 MW of renewable power plant projects (500 MW in offshore wind power) with 30 to 100% estimated rates of success; a 41 MW wind power capacity already in operation. (J.S.)

  9. Areva - First quarter 2009 revenue climbs 8.5% to 3.003 billion euros

    International Nuclear Information System (INIS)

    2009-04-01

    First quarter 2009 revenue was up 8.5% compared with the same period last year, to 3.003 billion euros. At constant exchange rates and consolidation scope, growth came to 3.9%. Currency translation had a positive impact of 57 million euros over the quarter. Changes in the consolidation scope had an impact of 66 million euros, primarily due to the consolidation of acquisitions made in 2008 in Transmission and Distribution and in Renewable Energies. The growth engines for first quarter revenue were the Reactors and Services division and the Transmission and Distribution division, with growth of 9.2% and 16.1% respectively. Outside France, revenue rose to 2.032 billion euros, compared with 1.857 billion euros in the first quarter of 2008, and represents 68% of total revenue. Orders were steady in the first quarter, particularly in the Front End, which posted several significant contracts with US and Asian utilities, and in Transmission and Distribution, with orders up sharply in Asia and South America. As of March 31, 2009, the group's backlog reached 49.5 billion euros, for 28.3% growth year-on-year, including 31.3% growth in Nuclear and 10.2% in Transmission and Distribution. For the year as a whole, the group confirms its outlook for backlog and revenue growth as well as rising operating income It should be noted that revenue may vary significantly from one quarter to the next in nuclear operations. Accordingly, quarterly data cannot be viewed as a reliable indicator of annual trends

  10. PAH, BTEX, carbonyl compound, black-carbon, NO2 and ultrafine particle dynamometer bench emissions for Euro 4 and Euro 5 diesel and gasoline passenger cars

    Science.gov (United States)

    Louis, Cédric; Liu, Yao; Tassel, Patrick; Perret, Pascal; Chaumond, Agnès; André, Michel

    2016-09-01

    Although implementing Diesel particulate filters (DPF) and other novel aftertreatment technologies makes it possible to achieve significant reductions in particle mass emissions, it may induce the release of ultrafine particles and emissions of many other unregulated compounds. This paper focuses on (i) ultrafine particles, black carbon, BTEX, PAH, carbonyl compounds, and NO2 emissions from Euro 4 and Euro 5 Diesel and gasoline passenger cars, (ii) the influence of driving conditions (e.g., cold start, urban, rural and motorway conditions), and (iii) the impact of additive and catalysed DPF devices on vehicle emissions. Chassis dynamometer tests were conducted on four Euro 5 vehicles and two Euro 4 vehicles: gasoline vehicles with and without direct injection system and Diesel vehicles equipped with additive and catalysed particulate filters. The results showed that compared to hot-start cycles, cold-start urban cycles increased all pollutant emissions by a factor of two. The sole exception was NO2, which was reduced by a factor of 1.3-6. Particulate and black carbon emissions from the gasoline engines were significantly higher than those from the Diesel engines equipped with DPF. Moreover, the catalysed DPF emitted about 3-10 times more carbonyl compounds and particles than additive DPF, respectively, during urban driving cycles, while the additive DPF vehicles emitted 2 and 5 times more BTEX and carbonyl compounds during motorway driving cycles. Regarding particle number distribution, the motorway driving cycle induced the emission of particles smaller in diameter (mode at 15 nm) than the urban cold-start cycle (mode at 80-100 nm). The results showed a clear positive correlation between particle, black carbon, and BTEX emissions, and a negative correlation between particles and NO2.

  11. Transversely Compressed Bonded Joints

    DEFF Research Database (Denmark)

    Hansen, Christian Skodborg; Schmidt, Jacob Wittrup; Stang, Henrik

    2012-01-01

    The load capacity of bonded joints can be increased if transverse pressure is applied at the interface. The transverse pressure is assumed to introduce a Coulomb-friction contribution to the cohesive law for the interface. Response and load capacity for a bonded single-lap joint was derived using...

  12. The Impact of Macroeconomic News on the Euro-Dollar Exchange Rate

    OpenAIRE

    Caruso, Alberto

    2016-01-01

    This paper studies the effect of macroeconomic "news" (market now-cast errors related to the flow of data releases on macroeconomic fundamentals) on the daily USD/EUR exchange rate. I consider a large number of real-time macroeconomic announcements from both the US and the euro-zone, and the related market expectations as reported by Bloomberg. For the euro-zone I also study country level announcements for the four biggest economies (Germany, France, Italy, Spain). The results for the whole s...

  13. Euro-Argo: The European contribution to the global Argo ocean observations network

    Science.gov (United States)

    Gourcuff, Claire

    2017-04-01

    The international Argo programme is a major element of the global in-situ ocean observing system. More than 3900 floats are now globally measuring temperature and salinity throughout the global oceans, down to 2,000 meters depth and delivering data both in real time for operational users and after careful scientific quality control for climate change research and monitoring. Argo is the single most important in-situ observing system for the Copernicus Marine Service. The Euro-Argo research infrastructure organizes and federates European contribution to Argo. A legal and governance framework (Euro-Argo ERIC) was set up in May 2014; it allows European countries to consolidate and improve their contribution to Argo international. We will provide an overview of the development of Euro-Argo over the past years and present the now agreed Euro-Argo long term organization. The capability of the Euro-Argo infrastructure to organize Argo floats procurement, deployment and processing at European level and to conduct R&D driven by Copernicus needs will be highlighted. During the recent years, within the H2020 E-AIMS project, Euro-Argo carried R&D activities on new Argo floats, equipped with biogeochemical sensors or able to dive up to 4000m, from the floats design up to the analysis of their measurements. European Argo data centers were adapted so that they can handle the new data. Observing System Evaluations and Simulation Experiments were also conducted to provide robust recommendations for the next phase of Argo. One of the main challenges for Euro-Argo is now to implement the next phase of Argo with an extension towards biogeochemistry (e.g. oxygen, biology), the polar oceans, the marginal seas and the deep ocean. Meeting such challenges is essential for the long term sustainability and evolution of the Copernicus Marine Service. We will present Euro-Argo strategy and provide some highlights on the implementation-plan for the years to come and the Argo extensions for the

  14. Book reviews: Marsh David, The EURO – The Politics of the New Global Currency

    OpenAIRE

    Lazar, Isadora

    2011-01-01

    The EURO – The Politics of the New Global Currency, written by David Marsh and published in both English and German, is a very thorough chronicle of the birth of the European common currency, from its early days, almost half a century before, and of its development until nowadays and even beyond, as it includes considerations on short term dynamics. David Marsh describes the story of the euro in a very complex manner, through a detailed, comprehensive and up to date analysis of the gathered d...

  15. Hyperkalemia by Euro-Collins solution in anesthesia for renal transplantation: a case report.

    Science.gov (United States)

    Hirata, Eunice Sizue; Pereira, Rosa Inês Costa; Filho, Gentil Alves; Braga, Angélica de Fátima Assunção

    2013-01-01

    To describe anesthesia for renal transplantation that progressed to a sharp potassium increase after kidney reperfusion with Euro-Collins' solution in the operative field. We will also report on diagnosis and treatment used. The use of infusion solutions in the surgical field requires careful monitoring, such as electrocardiography, measurement of serum potassium, and availability of calcium gluconate, insulin, and albuterol for immediate use. The replacement of Euro-Collins' solution for saline solution immediately before the implant may be a useful option in patients with high levels of potassium.

  16. Corporate Bonds in Denmark

    DEFF Research Database (Denmark)

    Tell, Michael

    2015-01-01

    Corporate financing is the choice between capital generated by the corporation and capital from external investors. However, since the financial crisis shook the markets in 2007–2008, financing opportunities through the classical means of financing have decreased. As a result, corporations have...... to think in alternative ways such as issuing corporate bonds. A market for corporate bonds exists in countries such as Norway, Germany, France, the United Kingdom and the United States, while Denmark is still behind in this trend. Some large Danish corporations have instead used foreign corporate bonds...... markets. However, NASDAQ OMX has introduced the First North Bond Market in December 2012 and new regulatory framework came into place in 2014, which may contribute to a Danish based corporate bond market. The purpose of this article is to present the regulatory changes in Denmark in relation to corporate...

  17. [The Euro-orphans phenomenon and the courses in therapeutic work and psychiatric treatment--a case study].

    Science.gov (United States)

    Nowak, Marta; Gaweda, Agnieszka; Janas-Kozik, Małgorzata

    2012-01-01

    Today, the phenomenon of Euro-orphan is more and more frequently reported in the literature. This term refers to children with one or both parents emigrated from the country for work purposes. In connection with the social transformations of orphan-hood types described in the literature (nature, spiritual, social), the definition has been broadened by the definition ofeuro-orphan. The Ministry of Education describes the euro-orphan as the destruction of the family structure, the disorder of the socialisation process of children and reduction of the emotional exchanges among family members, as a result of migration of their parents. It provides further that not every child whose parents are not present in the country is covered as an euro-orphan. However, this group has become an increasingly larger populations. Lack of physical proximity and accessibility of important persons may have some psychological and pedagogical implications. These in turn can be shaped over time, into pathological symptoms, which are diagnostic entities in developmental psychiatry. It is not know precisely how many children in Poland are Euro-orphans. The aim of this paper is an attempt to understand the social phenomenon of Euro-orphanhood in the light of the observed psychopathologies of children and adolescents. The case study of the psychotherapy of a patient suffering from the Euro-orphanhood syndrome. Euro-orphanhood is a social phenomenon that generates Euro-orphans with a wide range of psychopathological symptoms classified in different diagnostic categories. The type and intensification of the psychopathological symptoms depend on the quality of relationships with meaningful persons prior to the Euro-orphanhood period. The course of the psychotherapeutic work with Euro-orphans should cover an individual aspect taking into consideration the maturity of defensive mechanisms as well as the work-through of negative feelings cumulated due to becoming a Euro-orphan.

  18. Shariah Bond as Financial Instrument For Local Government

    Directory of Open Access Journals (Sweden)

    Anim Rahmayati

    2016-06-01

    Full Text Available This study aims to analyse the potential of sharia bonds in the region as an alternative to local financing. This research is a kind of literary descriptive qualitative research using SWOT analysis. The results of this study indicate that in the area of sharia bonds is an alternative worth considering regional funding compared to other funding. Support policy, very large financing needs for region infrastructure development, the market potential in the area of sharia bonds is an opportunity for local governments in Indonesia to immediately issue sharia bonds in the area.DOI:  10.15408/sjie.v5i1.3126

  19. THE RISKS OF A TOO QUICK EURO ADOPTION BY THE EU MEMBER STATES. THE CASE OF PORTUGAL

    Directory of Open Access Journals (Sweden)

    Cristian Stefan Ovidiu

    2011-12-01

    Full Text Available In this article we present the risks faced by the new countries that have joined the European Union, and which also desire to adopt the euro currency as quickly as possible. We will analyze the existing literature regarding the ways these risks manifest themselves, depending on the economic conditions present in these countries. The risks are mostly caused by an incomplete fulfillment of the optimum currency area conditions, especially the ones regarding the synchronization of the business cycles, the existence of mitigation mechanisms in the case of asymmetric shocks, and to a lesser extent, the insufficient flexibility of the European labor markets. In addition, because there are different economic conditions between the countries that plan on introducing the euro currency and the ones that already had, mostly related to a lower economic development and lower prices, there are specific risks that affect the former countries. Moreover, the benefits of entering the EMU greater monetary stability, reduced transaction costs, lower exchange rate volatility and a decrease of the interest rates can in some specific cases become also costs. In order to quantify all these elements, we have constructed a case study of Portugal, which has entered the EMU in the first wave. We have determined that Portugal's experience after the euro introduction was a negative one, when compared with the previous period, because the convergence process did not actually happened, as expected. Not only that, but the economic differences between Portugal and the other EMU countries deepened, and the country's fiscal situation also deteriorated badly in all these years, up to the point where Portugal was forced to ask for external help. The case of Portugal is very important for the countries that are eager to adopt the common currency without first achieving a sustainable economic development, through increasing labor productivity and exports. It shows that fulfilling the

  20. Attribution of Extreme Rainfall Events in the South of France Using EURO-CORDEX Simulations

    Science.gov (United States)

    Luu, L. N.; Vautard, R.; Yiou, P.

    2017-12-01

    The Mediterranean region regularly undergoes episodes of intense precipitation in the fall season that exceed 300mm a day. This study focuses on the role of climate change on the dynamics of the events that occur in the South of France. We used an ensemble of 10 EURO-CORDEX model simulations with two horizontal resolutions (EUR-11: 0.11° and EUR-44: 0.44°) for the attribution of extreme rainfall in the fall in the Cevennes mountain range (South of France). The biases of the simulations were corrected with simple scaling adjustment and a quantile correction (CDFt). This produces five datasets including EUR-44 and EUR-11 with and without scaling adjustment and CDFt-EUR-11, on which we test the impact of resolution and bias correction on the extremes. Those datasets, after pooling all of models together, are fitted by a stationary Generalized Extreme Value distribution for several periods to estimate a climate change signal in the tail of distribution of extreme rainfall in the Cévenne region. Those changes are then interpreted by a scaling model that links extreme rainfall with mean and maximum daily temperature. The results show that higher-resolution simulations with bias adjustment provide a robust and confident increase of intensity and likelihood of occurrence of autumn extreme rainfall in the area in current climate in comparison with historical climate. The probability (exceedance probability) of 1-in-1000-year event in historical climate may increase by a factor of 1.8 under current climate with a confident interval of 0.4 to 5.3 following the CDFt bias-adjusted EUR-11. The change of magnitude appears to follow the Clausius-Clapeyron relation that indicates a 7% increase in rainfall per 1oC increase in temperature.

  1. The serum bank of EuroPrevall - the prevalence, cost and basis of food allergy across Europe

    NARCIS (Netherlands)

    Vieths, Stefan; Reese, Gerald; Ballmer-Weber, Barbara K.; Beyer, Kerstin; Burney, Peter; Fernandez-Rivas, Montserrat; Summers, Collin; Ree, Ronald van; Mills, Clare

    2008-01-01

    EuroPrevall is an EU-funded multidisciplinary project including 62 institutions from 22 countries. EuroPrevall studies the prevalence and distribution of food allergies in infants, children, adolescents, and adults in Europe, threshold doses for allergenic foods, the role of the environment in food

  2. 26 CFR 1.985-8 - Special rules applicable to the European Monetary Union (conversion to euro).

    Science.gov (United States)

    2010-04-01

    ...-8 Special rules applicable to the European Monetary Union (conversion to euro). (a) Definitions—(1... euro is substituted for that legacy currency (in accordance with the Treaty on European Union); and (B... pursuant to the Treaty on European Union signed February 7, 1992. Assume that on January 1, 1999, X changes...

  3. Mapping ground water vulnerability to pesticide leaching with a process-based metamodel of EuroPEARL

    NARCIS (Netherlands)

    Tiktak, A.; Boesten, J.J.T.I.; Linden, van der A.M.A.; Vanclooster, M.

    2006-01-01

    To support EU policy, indicators of pesticide leaching at the European level are required. For this reason, a metamodel of the spatially distributed European pesticide leaching model EuroPEARL was developed. EuroPEARL considers transient flow and solute transport and assumes Freundlich adsorption,

  4. Cultural Differences in Parents' Facilitation of Mathematics Learning: A Comparison of Euro-American and Chinese-American Families.

    Science.gov (United States)

    Huntsinger, Carol S.; Jose, Paul E.

    A longitudinal study examined differences in Chinese-American and Euro-American parents' facilitation of their young children's mathematics learning. Participating in the Time 2 data collection were 36 second-generation Chinese-American and 40 Euro-American first and second graders from well-educated suburban Chicago families. Children were given…

  5. Projections of meteorological and snow conditions in the Pyrenees using adjusted EURO-CORDEX climate projections

    Science.gov (United States)

    Verfaillie, Deborah; Déqué, Michel; Morin, Samuel; Soubeyroux, Jean-Michel; Lafaysse, Matthieu

    2017-04-01

    Current and future availability of seasonal snow is a recurring topic in mountain regions such as the Pyrenees, where winter tourism and hydropower production are large contributors to the regional revenues in France, Spain and Andorra. Associated changes in river discharges, their consequences on water storage management, the future vulnerability of Pyrenean ecosystems as well as the occurrence of climate-related hazards such as debris flows and avalanches are also under consideration. However, to generate projections of snow conditions, a traditional dynamical downscaling approach featuring spatial resolutions typically between 10 and 50 km is not sufficient to capture the fine-scale processes and thresholds at play. Indeed, the altitudinal resolution matters, since the phase of precipitation is mainly controlled by the temperature which is altitude-dependent. Moreover, simulations from general circulation models (GCMs) and regional climate models (RCMs) suffer from biases compared to local observations, and often provide outputs at too coarse time resolution to drive impact models. RCM simulations must therefore be adjusted before they can be used to drive specific models such as land surface models. In this study, time series of hourly temperature, precipitation, wind speed, humidity, and short- and longwave radiation were generated over the Pyrenees for the period 1950-2100, by using a new approach (named ADAMONT for ADjustment of RCM outputs to MOuNTain regions) based on quantile mapping applied to daily data, followed by time disaggregation accounting for weather patterns selection. Meteorological observations used for the quantile mapping consist of the regional scale reanalysis SAFRAN, which operates at the scale of homogeneous areas on the order of 1000 km2 within which meteorological conditions vary only with elevation. SAFRAN combines large-scale NWP reanalysis (ERA40, ARPEGE) with in-situ meteorological observations. The SAFRAN reanalysis is available

  6. Modelling of migration and fate of selected persistent organic pollutants in the Gulf of Gdansk and the Vistula catchment (Poland): selected results from the EU ELOISE EuroCat project

    Science.gov (United States)

    Zukowska, Barbara; Pacyna, Jozef; Namiesnik, Jacek

    2005-02-01

    The ELOISE EU EuroCat project integrated natural and social sciences to link the impacts affecting the coastal sea to the human activities developed along the catchments. In EuroCat project river catchments' changes and their impact on the inflow area were analysed. The information was linked with environmental models. The part of the EU ELOISE EuroCat project focusing on the Vistula River catchment and the Baltic Sea costal zone was named VisCat. Within the framework of the EU ELOISE EuroCat - VisCat project, CoZMo-POP (Coastal Zone Model for Persistent Organic Pollutants), a non-steady-state multicompartmental mass balance model of long-term chemical fate in the coastal environment or the drainage basin of a large lake environment was used. The model is parameterised and tested herein to simulate the long-term fate and distribution of selected HCHs (hexachlorocyclohexanes) and PCBs (polychlorinated biphenyls) in the Gulf of Gdansk and the Vistula River drainage basin environment. The model can also be used in the future to predict future concentrations in relation to various emission scenarios and in management of economic development and regulations of substance-emission to this environment. However, this would require more extensive efforts in the future on model parameterisation and validation in order to increase the confidence in current model outputs.

  7. ILEWG EuroMoonMars Research, Technology, and Field Simulation Campaigns

    Science.gov (United States)

    Foing, B. H.; Lillo, A.; Evellin, P.; Kołodziejczyk, A.; Heinicke, C.; Harasymczuk, M.; Authier, L.; Blanc, A.; Chahla, C.; Tomic, A.; Mirino, M.; Schlacht, I.; Hettrich, S.; Pacher, T.; Maller, L.; Decadi, A.; Villa-Massone, J.; Preusterink, J.; Neklesa, A.; Barzilay, A.; Volkova, T.

    2017-10-01

    ILEWG developed since 2008, "EuroMoonMars" pilot research with a Robotic Test Bench (ExoGeoLab) and a Mobile Laboratory Habitat (ExoHab) at ESTEC. Field campaigns were e.g. in ESTEC, EAC, at Utah MDRS, Eifel, and LunAres base at Pila Poland in 2017.

  8. Price effects of sovereign debt auctions in the Euro-zone: the role of the crisis

    NARCIS (Netherlands)

    Beetsma, R.; de Jong, F.; Giuliodori, M.; Widijanto, D.

    2013-01-01

    Exploring the period since the inception of the euro, we show that secondary-market yields on Italian public debt increase in anticipation of auctions of new issues and decrease after the auction, while no or a smaller such effect is present for German public debt. However, these yield movements on

  9. Abacavir usage patterns and hypersensitivity reactions in the EuroSIDA cohort

    DEFF Research Database (Denmark)

    Roen, A; Laut, K; Pelchen-Matthews, A

    2017-01-01

    prescribed ABC. METHODS: We calculated the proportion of EuroSIDA individuals receiving ABC-based combination antiretroviral therapy (cART) among those receiving cART after 1 January 2009. Poisson regression was used to identify demographic, and current clinical and laboratory factors associated with ABC...

  10. Vitamin D and clinical disease progression in HIV infection: results from the EuroSIDA study

    DEFF Research Database (Denmark)

    Viard, Jean-Paul; Souberbielle, Jean-Claude; Kirk, Ole

    2011-01-01

    BACKGROUND:: We examined the association between vitamin D [25(OH)D] level and disease progression in HIV infection. METHODS:: Within the EuroSIDA study, 2000 persons were randomly selected for 25(OH)D measurement in stored plasma samples closest to study entry. 25(OH)D results were stratified...

  11. Forest changes since Euro-American settlement and ecosystem restoration in the Lake Tahoe Basin, USA

    Science.gov (United States)

    Alan H. Taylor

    2007-01-01

    Pre Euro-American settlement forest structure and fire regimes for Jeffrey pine-white fir, red fir-western white pine, and lodgepole pine forests were quantified using stumps from trees cut in the 19th century to establish a baseline reference for ecosystem management in the Lake Tahoe Basin. Contemporary forests varied in different ways compared...

  12. Euro Feast for Estonia - Feast in Time of Plague? / Andres Arrak

    Index Scriptorium Estoniae

    Arrak, Andres, 1958-2017

    2010-01-01

    Autor leiab, et Eesti Pank ja valitsus peaksid selgitama rahvale euroga liitumise vajadust ajal, mil terve maailm kannatab majanduskriisi all ja euroala riigid ei suuda täita Maastrichti kriteeriume ning euro jaoks on saabunud rasked ajad. Kreeka majandusnäitajatest

  13. Cognitive aspects of sexual functioning: differences between East Asian-Canadian and Euro-Canadian women.

    Science.gov (United States)

    Morton, Heather; Gorzalka, Boris B

    2013-11-01

    The purpose of this study was to investigate the sexual beliefs of female undergraduates, as well as the thoughts they experience during sexual experiences. The study aimed to determine potential differences in these variables between East Asian-Canadians and Euro-Canadians, as well as the influence of acculturation on these variables. In addition, the relationships between sexual beliefs, automatic thoughts, and specific aspects of sexual functioning were examined. Euro-Canadian (n = 77) and East Asian-Canadian (n = 123) undergraduate women completed the Sexual Dysfunctional Beliefs Questionnaire, the Sexual Modes Questionnaire, the Female Sexual Function Index, and the Vancouver Index of Acculturation. East Asian women endorsed almost all sexual beliefs assessed in this study more than did Euro-Canadian women, and endorsement of these beliefs was associated with acculturation. In addition, East Asian-Canadian and Euro-Canadian women differed in the frequency of experiencing negative automatic thoughts. Results also revealed associations between difficulties in sexual functioning, and both sexual beliefs and automatic thoughts. Together, these results provide preliminary support for the hypothesis that differences in cognitive aspects of sexuality may underlie the differences in sexual functioning previously observed between these two groups.

  14. Subionospheric VLF signatures and their association with sprites observed during EuroSprite 2003

    DEFF Research Database (Denmark)

    Mika, A.; Haldoupis, C.; Marshall, R.A.

    2005-01-01

    In this study, VLF observations during EuroSprite-2003 are analyzed in connection with many sprites observed above thunderstorms in central France. The sprites were detected with a sensitive camera from the Observatoire du Pic du Midi in the Pyrenees overlooking storms monitored by the French nat...

  15. Confidence building on Euro conversion : theory and evidence from currency options

    NARCIS (Netherlands)

    Driessen, J.J.A.G.; Perotti, E.C.

    2004-01-01

    Using a new dataset of currency option prices, we study the evolution of investor confidence in 1992-98 over the chance of individual currencies to converge to the euro. Convergence risk, which may reflect uncertainty over policy commitment as well as exogenous fundamentals, induces a level of

  16. Confidence building on euro convergence: theory and evidence from currency options

    NARCIS (Netherlands)

    Driessen, J.; Perotti, E.

    2003-01-01

    Using a new dataset of currency option prices, we study the evolution of investor confidence in 1992-1998 over the chance of individual currencies to converge to the Euro. Convergence risk, which may reflect uncertainty over policy commitment as well as exogenous fundamentals, induces a level of

  17. Le "LHC", un défi scientifique à 6 milliards d'euros

    CERN Multimedia

    Féraud, Jean-Christope

    2006-01-01

    On the french-swiss border, CERN is building the LHC; this particle accelerator of 27km will be operational in autumn 2007; its goal: to go the heart of matter to discover the mysteries of the infinitely small. this technological challenge will cost 6 billions of euros. (2 pages)

  18. Identification of quantitative trait loci for fibrin clot phenotypes: the EuroCLOT study

    DEFF Research Database (Denmark)

    Williams, Frances M K; Carter, Angela M; Kato, Bernet

    2009-01-01

    OBJECTIVE: Fibrin makes up the structural basis of an occlusive arterial thrombus, and variability in fibrin phenotype relates to cardiovascular risk. The aims of the current study from the EU consortium EuroCLOT were to (1) determine the heritability of fibrin phenotypes and (2) identify QTLs as...

  19. Studies in cow’s milk allergy: results from the Dutch EuroPrevall birth cohort

    NARCIS (Netherlands)

    Petrus, N.C.M.

    2016-01-01

    Cow’s milk allergy is a common disease in infancy. However, until recently accurate numbers were not available. To investigate how many infants suffered from cow’s milk allergy, the EuroPrevall study was designed. In this European, multicentre study, nine European hospitals followed over 12,000

  20. First quarter 2006: sales up by 13.3% to euros 2,476 million

    International Nuclear Information System (INIS)

    2006-04-01

    The AREVA group's first quarter 2006 sales was euros 2,476 million, compared with euros 2,186 million for the same period in 2005, representing 13.3% growth in terms of reported data. Organic growth was 13.0%. Nuclear operations posted sales of euros 1,660 million, up 11.5% (up 11.6% like-for-like), and buoyant business volume marked by: net growth for the Front End Division (+20.4%), with 60% coming from volume-product mix effects and 40% from favorable price effects, especially for uranium supply and enrichment services; the contribution from the OL3 (Finland), Ling Ao-Phase II (China) and Flamanville 3 EPR (France) reactor projects, which boosted the Reactors and Services Division's sales by 13.2%; a slight decrease in the Back End Division (-2.5%). The Transmission and Distribution Division posted sales of euros 817 million, representing strong organic growth (up 16.6%), consistent with the increase in orders recorded in 2005. Orders booked in the first quarter of 2006 were up by 15.4% like-for-like (up 25.4% in reported data) compared with the first quarter of 2005. For 2006, the Group expects net growth in sales, like-for-like, although not at the particularly high levels of the first quarter

  1. Changes in Gambel oak densities in southwestern ponderosa pine forests since Euro-American settlement

    Science.gov (United States)

    Scott R. Abella; Peter Z. Fulé

    2008-01-01

    Densities of small-diameter ponderosa pine (Pinus ponderosa) trees have increased in southwestern ponderosa pine forests during a period of fire exclusion since Euro-American settlement in the late 1800s. However, less well known are potential changes in Gambel oak (Quercus gambelii) densities during this period in these forests....

  2. The Weight of Euro Coins: Its Distribution Might Not Be as Normal as You Would Expect

    Science.gov (United States)

    Shkedy, Ziv; Aerts, Marc; Callaert, Herman

    2006-01-01

    Classical regression models, ANOVA models and linear mixed models are just three examples (out of many) in which the normal distribution of the response is an essential assumption of the model. In this paper we use a dataset of 2000 euro coins containing information (up to the milligram) about the weight of each coin, to illustrate that the…

  3. Magnet measurement interfacing to the G-64 Euro standard bus and testing G-64 modules

    International Nuclear Information System (INIS)

    Hogrefe, R.L.

    1995-01-01

    The Magnet Measurement system utilizes various modules with a G-64 Euro (Gespac) Standard Interface. All modules are designed to be software controlled, normally under the constraints of the OS-9 operating system with all data transfers to a host computer accomplished by a serial link

  4. El euro, un gran laboratorio de las matemáticas cotidianas

    OpenAIRE

    Plaza, Pedro

    2006-01-01

    La sustitución de la peseta por el euro está provocando la posibilidad de observar de cerca el uso cotidiano de algoritmos matemáticos no aprendidos en la escuela, lo que nos puede servir como banco de prueba para constatar hipótesis, encontrar otras nuevas y buscar implicaciones educativas a todo ello.

  5. EuroFIR eBASIS: application for health claims submissions and evaluations

    NARCIS (Netherlands)

    Kiely, M.; Black, L.J.; Plumb, J.; Kroon, P.; Hollman, P.C.H.; Larsen, J.C.; Speijers, G.; Kapsokefalou, M.; Sheehan, D.; Gry, J.; Finglas, P.M.

    2010-01-01

    Background: The European Food Information Resource (EuroFIR) network has established the eBASIS (Bioactive Substances in Food Information System) online food composition and biological effects database for plant-derived bioactive compounds (phytochemicals). On the basis of submitted evidence, the

  6. Does the introduction of the Euro affect the debt-equity choice?

    Czech Academy of Sciences Publication Activity Database

    Joeveer, K.; Tóth, Peter

    -, 2006/22 (2006), s. 1-16 ISSN 1740-231x R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : Euro introduction * external finance dependence * firm performance Subject RIV: AH - Economics http://www.keele.ac.uk/depts/ec/wpapers/kerp0622.pdf

  7. Talking about money: public participation and expert knowledge in the Euro referendum.

    Science.gov (United States)

    Evans, Robert

    2004-03-01

    This paper uses the proposed UK referendum on the single European currency as a means of investigating the effect of democratizing science on the scrutiny of conflicting expert advice. Although the referendum has not happened yet, and may not happen at all, the campaigners for and against the Euro have none the less been working for several years to ensure that if, and when, it does happen they are in a position to win it. By exploring how campaigners on both sides of the debate understand the concerns of voters, the paper shows how they are working towards a referendum in which the political dimensions of the Euro are actively minimized in order to avoid alienating key 'floating voters'. Instead, the campaign is expected to focus on the economic costs and benefits of the Euro for individuals and households, with only limited discussion of issues relating to sovereignty. Whether or not the campaign groups, particularly those that oppose the Euro, can maintain this line remains to be seen but if there is a full and frank public debate about the economic, social and political stakes, then this will be despite the referendum rather than because of it.

  8. Corporate Image and the Establishment of Euro Disney: Mickey Mouse and the French Press.

    Science.gov (United States)

    Forman, Janis

    1998-01-01

    Considers interweaving themes that characterized the construction of Euro Disney, drawing upon articles in the French press. Offers analysis of the historical context for and the implications of the park's construction, using the literature of French cultural studies and cross-cultural studies for support. Discusses possible consequences to the…

  9. External causes of euro zone inflation differentials : A re-examniation of the evidence

    NARCIS (Netherlands)

    Arnold, I.J.M.; Verhoef, B.

    2004-01-01

    This article focuses on external causes of Euro Zone inflation differential. Persistent inflation differences may influence inflationary expectations and can amplify regional business cycles. With a uniform nominal interest rate, the domestic real interest rates will be lower in high inflation

  10. S&P ja Moody's : euro edasilükkumisest pole häda

    Index Scriptorium Estoniae

    2006-01-01

    Ilmunud ka: Finansovõi Menedzhment : infovõpusk nr. 7 sept. lk. 9. Reitinguagentuurid Standard & Poor's ning Moody's Investors Service ei pea probleemiks Eestis euro kasutuselevõtmise edasilükkumist, kuid märgivad, et euroliiduga ühinemine võib vähendada kiire majandusarenguga kaasnevaid riske

  11. Primary Disseminated Multifocal Ewing Sarcoma: Results of the Euro-EWING 99 Trial

    NARCIS (Netherlands)

    Ladenstein, Ruth; Pötschger, Ulrike; Le Deley, Marie Cécile; Whelan, Jeremy; Paulussen, Michael; Oberlin, Odile; van den Berg, Henk; Dirksen, Uta; Hjorth, Lars; Michon, Jean; Lewis, Ian; Craft, Alan; Jürgens, Heribert

    2010-01-01

    Purpose To improve the poor prognosis of patients with primary disseminated multifocal Ewing sarcomas (PDMES) with a dose-intense treatment concept. Patients and Methods From 1999 to 2005, 281 patients with PDMES were enrolled onto the Euro-EWING 99 R3 study. Median age was 16.2 years (range, 0.4 to

  12. The 2010 euro crisis stand-off between France and Germany: leadership styles and political culture

    NARCIS (Netherlands)

    Bohn, F.; Jong, E. de

    2011-01-01

    In this paper, we argue that the severity of the 2010 euro crisis was caused by and reveals differences in leadership styles and political culture between European countries, especially between France and Germany. We trace these differences to differences in underlying values: culture. There is a

  13. Võlakriisi lahendused ähvardavad euro püsimist / Hans-Werner Sinn

    Index Scriptorium Estoniae

    Sinn, Hans-Werner, 1948-

    2011-01-01

    Euro on ohus, sest viimastel aastatel on GIPS-riikide (Kreeka, Iirimaa, Portugal ja Hispaania) keskpangad raha juurde trükkinud. Lisaraha oli vajalik sisemise raharingluse tekitamiseks, et saaks kaubandusdefitsiiti säilitada ja hoida üleval kommertspankade varade väärtust

  14. Bond markets in Africa

    Directory of Open Access Journals (Sweden)

    Yibin Mu

    2013-07-01

    Full Text Available African bond markets have been steadily growing in recent years, but nonetheless remain undeveloped. African countries would benefit from greater access to financing and deeper financial markets. This paper compiles a unique set of data on government securities and corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government securities market and corporate bond market capitalization. Government securities market capitalization is directly related to better institutions and interest rate volatility, and inversely related to smaller fiscal deficits, higher interest rate spreads, exchange rate volatility, and current and capital account openness. Corporate bond market capitalization is directly linked to economic size, the level of development of the economy and financial markets, better institutions, and interest rate volatility, and inversely related to higher interest rate spreads and current account openness. Policy implications follow.

  15. First half 2006: sales revenue up by 5.7% to euros 5,036 million

    International Nuclear Information System (INIS)

    2006-01-01

    The AREVA group reports first half 2006 sales revenue of 5,036 million euros, up from 4,764 million euros for the same period in 2005, representing 5.7% growth in terms of reported data. Organic growth was 5.1%. In the second quarter 2006 the group had revenue of 2,560 million euros, down 0.7% from second quarter 2005 sales (-1.6% like-for-like). Nuclear operations reported first half 2006 revenue of 3,334 million euros, up 1.6% from the first half of 2005 (+1.3% like-for-like), marked by: net growth of 12.9% for the Front End Division, mainly attributable to uranium deliveries and enrichment services; the contribution from reactor projects in Finland (OL3), China (Ling Ao-Phase II) and France (Flamanville 3 EPR), which boosted sales for the Reactors and Services Division by 2.7%, despite the downturn in sales of reactor services; a 14.4% drop in the Back End Division, primarily in the used fuel treatment business. The Transmission and Distribution Division recorded sales revenue of 1,701 million euros, representing strong organic growth of 13.8%, consistent with the increase in orders booked in the second half of 2005. Orders for the first half of 2006 were up by 17.5% like-for-like compared with those of the first half of 2005. The group is targeting a net increase in revenue for 2006, like-for-like

  16. A study of roll-bonding MS90 alloy to steel utilizing chromized interlayer

    International Nuclear Information System (INIS)

    Tolaminejad, B.; Arabi, H.

    2008-01-01

    This article describes a study of the application of a roll bonding technique to MS90(CuZn10) alloy strips and steel sheets using a chromized interlayer. It was found that the overall bond between these two metals resulted from two different types of bonds: a block bond, linking the MS90 alloy strips and chromium topcoat layer, and a blank bond, linking the MS90 alloy strips and bare steel surface in the area where the chromium coating has been fragmented. This study investigated the effects of plating time on the thickness of the coating layers and of the area fraction of the blank bond on the bond strength. The overall bond strength depends mainly on the strength and the area fraction of the blank bond. A linear relationship model exists between the overall bond strength and the area fraction of the blank bond. The bond strength of the blank bond was eight times greater than that of the block bond. The area fraction of the blank bond increased with increasing the coating thickness up to 55 μm, but thereafter decreased due to the rotation of the chromium blocks

  17. Handbook of wafer bonding

    CERN Document Server

    Ramm, Peter; Taklo, Maaike M V

    2011-01-01

    Written by an author and editor team from microsystems companies and industry-near research organizations, this handbook and reference presents dependable, first-hand information on bonding technologies.In the first part, researchers from companies and institutions around the world discuss the most reliable and reproducible technologies for the production of bonded wafers. The second part is devoted to current and emerging applications, including microresonators, biosensors and precise measuring devices.

  18. Diffusion bonding techniques

    International Nuclear Information System (INIS)

    Peters, R.D.

    1978-01-01

    The applications of diffusion bonding at the General Electric Neutron Devices Department are briefly discussed, with particular emphasis on the gold/gold or gold/indium joints made between metallized alumina ceramic parts in the vacuum switch tube and the crystal resonator programs. Fixtures which use the differential expansion of dissimilar metals are described and compared to one that uses hydraulic pressure to apply the necessary bonding force

  19. Tensile and fatigue properties of weld-bonded and adhesive-bonded magnesium alloy joints

    International Nuclear Information System (INIS)

    Xu, W.; Liu, L.; Zhou, Y.; Mori, H.; Chen, D.L.

    2013-01-01

    The microstructures, tensile and fatigue properties of weld-bonded (WB) AZ31B-H24 Mg/Mg joints with different sizes of bonding area were evaluated and compared with the adhesive-bonded (AB) Mg/Mg joints. Typical equiaxed dendritic structures containing divorced eutectic Mg 17 Al 12 particles formed in the fusion zone of both WB-1 (with a bonding area of 35 mm×35 mm) and WB-0.5 (with a bonding area of 17.5 mm×35 mm) joints. Less solidification shrinkage cracking was observed in the WB-0.5 joints than WB-1 joints. While the WB-0.5 joints exhibited a slightly lower maximum tensile shear stress than the AB-0.5 joints (with a bonding area of 17.5 mm×35 mm), the energy absorption was equivalent. Although the AB-0.5 joints exhibited a higher fatigue resistance at higher cyclic stress levels, both the AB-0.5 and WB-0.5 joints showed an equivalent fatigue resistance at lower cyclic stress levels. A higher fatigue limit was observed in the WB-0.5 joints than in the WB-1 joints owing to the presence of fewer shrinkage pores. Cohesive failure mode along the adhesive layer in conjunction with partial nugget pull-out from the weld was observed at the higher cyclic loads, and fatigue failure occurred in the base metal at the lower cyclic loads

  20. Assessment of three risk evaluation systems for patients aged ≥70 in East China: performance of SinoSCORE, EuroSCORE II and the STS risk evaluation system.

    Science.gov (United States)

    Shan, Lingtong; Ge, Wen; Pu, Yiwei; Cheng, Hong; Cang, Zhengqiang; Zhang, Xing; Li, Qifan; Xu, Anyang; Wang, Qi; Gu, Chang; Zhang, Yangyang

    2018-01-01

    To assess and compare the predictive ability of three risk evaluation systems (SinoSCORE, EuroSCORE II and the STS risk evaluation system) in patients aged ≥70, and who underwent coronary artery bypass grafting (CABG) in East China. Three risk evaluation systems were applied to 1,946 consecutive patients who underwent isolated CABG from January 2004 to September 2016 in two hospitals. Patients were divided into two subsets according to their age: elderly group (age ≥70) with a younger group (age evaluation system were 0.78(0.64)%, 1.43(1.14)% and 0.78(0.77)%, respectively. SinoSCORE achieved the best discrimination (the area under the receiver operating characteristic curve (AUC) = 0.829), followed by the STS risk evaluation system (AUC = 0.790) and EuroSCORE II (AUC = 0.769) in the entire cohort. In the elderly group, the observed mortality rate was 4.82% while it was 1.38% in the younger group. SinoSCORE (AUC = .829) also achieved the best discrimination in the elderly group, followed by the STS risk evaluation system (AUC = .730) and EuroSCORE II (AUC = 0.640) while all three risk evaluation systems all had good performances in the younger group. SinoSCORE, EuroSCORE II and the STS risk evaluation system all achieved positive calibrations in the entire cohort and subsets. The performance of the three risk evaluation systems was not ideal in the entire cohort. In the elderly group, SinoSCORE appeared to achieve better predictive efficiency than EuroSCORE II and the STS risk evaluation system.

  1. CHARACTERIZATION OF MONOLITHIC FUEL FOIL PROPERTIES AND BOND STRENGTH

    International Nuclear Information System (INIS)

    D E Burkes; D D Keiser; D M Wachs; J S Larson; M D Chapple

    2007-01-01

    Understanding fuel foil mechanical properties, and fuel/cladding bond quality and strength in monolithic plates is an important area of investigation and quantification. Specifically, what constitutes an acceptable monolithic fuel--cladding bond, how are the properties of the bond measured and determined, and what is the impact of fabrication process or change in parameters on the level of bonding? Currently, non-bond areas are quantified employing ultrasonic determinations that are challenging to interpret and understand in terms of irradiation impact. Thus, determining mechanical properties of the fuel foil and what constitutes fuel/cladding non-bonds is essential to successful qualification of monolithic fuel plates. Capabilities and tests related to determination of these properties have been implemented at the INL and are discussed, along with preliminary results

  2. Romanian government bond market

    Directory of Open Access Journals (Sweden)

    Cornelia POP

    2012-12-01

    Full Text Available The present paper aims to present the level of development reached by Romanian government bond market segment, as part of the country financial market. The analysis will be descriptive (the data series available for Romania are short, based on the secondary data offered by the official bodies involved in the process of issuing and trading the Romanian government bonds (Romanian Ministry of Public Finance, Romanian National Bank and Bucharest Stock Exchange, and also on secondary data provided by the Federation of European Stock Exchanges.To enhance the market credibility as a benchmark, a various combination of measures is necessary; among these measures are mentioned: the extension of the yield curve; the issuance calendars in order to improve transparency; increasing the disclosure of information on public debt issuance and statistics; holding regular meetings with dealers, institutional investors and rating agencies; introducing a system of primary dealers; establishing a repurchase (repo market in the government bond market. These measures will be discussed based on the evolution presented inside the paper.The paper conclude with the fact that, until now, the Romanian government bond market did not provide a benchmark for the domestic financial market and that further efforts are needed in order to increase the government bond market transparency and liquidity.

  3. Interstellar hydrogen bonding

    Science.gov (United States)

    Etim, Emmanuel E.; Gorai, Prasanta; Das, Ankan; Chakrabarti, Sandip K.; Arunan, Elangannan

    2018-06-01

    This paper reports the first extensive study of the existence and effects of interstellar hydrogen bonding. The reactions that occur on the surface of the interstellar dust grains are the dominant processes by which interstellar molecules are formed. Water molecules constitute about 70% of the interstellar ice. These water molecules serve as the platform for hydrogen bonding. High level quantum chemical simulations for the hydrogen bond interaction between 20 interstellar molecules (known and possible) and water are carried out using different ab-intio methods. It is evident that if the formation of these species is mainly governed by the ice phase reactions, there is a direct correlation between the binding energies of these complexes and the gas phase abundances of these interstellar molecules. Interstellar hydrogen bonding may cause lower gas abundance of the complex organic molecules (COMs) at the low temperature. From these results, ketenes whose less stable isomers that are more strongly bonded to the surface of the interstellar dust grains have been observed are proposed as suitable candidates for astronomical observations.

  4. Safe and Liquid Mortgage Bonds

    DEFF Research Database (Denmark)

    Dick-Nielsen, Jens; Gyntelberg, Jacob; Lund, Jesper

    This paper shows that strict match pass-through funding of covered bonds provides safe and liquid mortgage bonds. Despite a 30% drop in house prices during the 2008 global crisis Danish mortgage bonds remained as liquid as most European government bonds. The Danish pass-through system effectively...... eliminates credit risk from the investor's perspective. Similar to other safe bonds, funding liquidity becomes the main driver of mortgage bond liquidity and this creates commonality in liquidity across markets and countries. These findings have implications for how to design a robust mortgage bond system...

  5. The Microstructure of the European Sovereign Bond Market

    DEFF Research Database (Denmark)

    Pelizzon, Loriana; Subrahmanyam, Marti G.; Tomio, Davide

    We explore the interaction between credit risk and liquidity, during the Euro-zone crisis, in the Italian sovereign bond market, using a unique tick-by-tick dataset, from the period June 2011-December 2012. We document a strong, dynamic relationship between changes in sovereign credit risk...... and market liquidity, conditional on the credit default swap (CDS) spread: When the CDS is above 500 basis points (bp), market liquidity adjusts more rapidly and signicantly to changes in the credit risk. Other global systemic factors also aect market liquidity, while, surprisingly, the specic credit risk...... of primary dealers plays only a modest role, especially under conditions of stress. Further, the Long-Term Renancing Operations (LTRO) by the European Central Bank (ECB) on December 8, 2012, clearly attenuated the relationship between credit risk and liquidity....

  6. Effect of Bonding Pressure and Bonding Time on the Tensile Properties of Cu-Foam / Cu-Plate Diffusion Bonded Joint

    International Nuclear Information System (INIS)

    Kim, Sang-Ho; Heo, Hoe-Jun; Kang, Chung-Yun; Yoon, Tae-Jin

    2016-01-01

    Open cell Cu foam, which has been widely utilized in various industries because of its high thermal conductivity, lightweight and large surface area, was successfully joined with Cu plate by diffusion bonding. To prevent excessive deformation of the Cu foam during bonding process, the bonding pressure should be lower than 500 kPa at 800 ℃ for 60 min and bonding pressure should be lowered with increasing holding time. The bonding strength was evaluated by tensile tests. The tensile load of joints increased with the bonding pressure and holding time. In the case of higher bonding pressure or time, the bonded length at the interface was usually longer than the cross-sectional length of the foam, so fracture occurred at the foam. For the same reason, base metal (foam) fracture mainly occurred at the node-plate junction rather than in the strut-plate junction because the bonded surface area of the node was relatively larger than that of the strut.

  7. Adhesive Bonding of Aluminium Alloy A5754 by Epoxy Resins

    Directory of Open Access Journals (Sweden)

    Ivan Michalec

    2013-01-01

    Full Text Available Joining thin sheets of aluminium and its alloys is a promising area in the field of joining materials. Nowadays, joining methods that do not melt the material itself are increasingly being utilised. This paper deals with adhesive bonding of aluminium alloy A5754 by two-component epoxy resins. Theresults show that joints bonded by Hysol 9466 have appropriate mechanical properties, but that joints bonded by Hysol 9492 have better thermal stability.

  8. ARTICLE Robust Diagnosis of Mechatronics System by Bond Graph Approach

    Directory of Open Access Journals (Sweden)

    Abderrahmene Sellami

    2018-03-01

    Full Text Available This article presents design of a robust diagnostic system based on bond graph model for a mechatronic system. Mechatronics is the synergistic and systemic combination of mechanics, electronics and computer science. The design of a mechatronic system modeled by the bond graph model becomes easier and more generous. The bond graph tool is a unified graphical language for all areas of engineering sciences and confirmed as a structured approach to modeling and simulation of multidisciplinary systems.

  9. Earth Observations in Support of Offshore Wind Energy Management in the Euro-Atlantic Region

    Science.gov (United States)

    Liberato, M. L. R.

    2017-12-01

    Climate change is one of the most important challenges in the 21st century and the energy sector is a major contributor to GHG emissions. Therefore greater attention has been given to the evaluation of offshore wind energy potentials along coastal areas, as it is expected offshore wind energy to be more efficient and cost-effective in the near future. Europe is developing offshore sites for over two decades and has been growing at gigawatt levels in annual capacity. Portugal is among these countries, with the development of a 25MW WindFloat Atlantic wind farm project. The international scientific community has developed robust ability on the research of the climate system components and their interactions. Climate scientists have gained expertise in the observation and analysis of the climate system as well as on the improvement of model and predictive capabilities. Developments on climate science allow advancing our understanding and prediction of the variability and change of Earth's climate on all space and time scales, while improving skilful climate assessments and tools for dealing with future challenges of a warming planet. However the availability of greater datasets amplifies the complexity on manipulation, representation and consequent analysis and interpretation of such datasets. Today the challenge is to translate scientific understanding of the climate system into climate information for society and decision makers. Here we discuss the development of an integration tool for multidisciplinary research, which allows access, management, tailored pre-processing and visualization of datasets, crucial to foster research as a service to society. One application is the assessment and monitoring of renewable energy variability, such as wind or solar energy, at several time and space scales. We demonstrate the ability of the e-science platform for planning, monitoring and management of renewable energy, particularly offshore wind energy in the Euro

  10. Euro-African MAGSAT anomaly-tectonic observations

    Science.gov (United States)

    Hinze, W. J.; Olivier, R.; Vonfrese, R. R. B.

    1985-01-01

    Preliminary satellite (MAGSAT) scalar magnetic anomaly data are compiled and differentially reduced to radial polarization by equivalent point source inversion for comparison with tectonic data of Africa, Europe and adjacent marine areas. A number of associations are evident to constrain analyses of the tectonic features and history of the region. The Precambrian shields of Africa and Europe exhibit varied magnetic signatures. All shields are not magnetic highs and, in fact, the Baltic shield is a marked minimum. The reduced-to-the-pole magnetic map shows a marked tendency for northeasterly striking anomalies in the eastern Atlantic and adjacent Africa, which is coincident to the track of several hot spots for the past 100 million years. However, there is little consistency in the sign of the magnetic anomalies and the track of the hot spots. Comparison of the radially polarized anomalies of Africa and Europe with other reduced-to-the-pole magnetic satellite anomaly maps of the Western Hemisphere support the reconstruction of the continents prior to the origin of the present-day Atlantic Ocean in the Mesozoic Era.

  11. Poweo 2006 consolidated revenue at euro 244 million, up 121%; Poweo chiffre d'affaires 2006 de 244 millions euro, en hausse de 121%

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-01-15

    POWEO, the leading independent energy operator in France, presents in this document its key business indicators for the 4. quarter of 2006 and the full year: POWEO records again a strong rise of its annual revenue, exceeding its euro 220 million target. This progression relates to all the business components. The particularly soft climatic conditions recorded in France at the end of the year did not result in a significant fall of revenue compared to initial forecasts. The number of customer sites amounts to 80.300 at December 31, 2006, in progression of 23% compared to the end of 2005. The customer base remained overall stable during the second half of 2006, POWEO limiting voluntarily the acquisition of customers in electricity during the preparation of the opening to competition of the residential market due to take place on July 1, 2007. The gas customer base for its part more than doubled compared to end June 2006, with more than 5.000 customer sites transferred as at December 31, 2006. The Energy Management net margin, realised or un-realised, amounted to euro 49.7 million in 2006, recognised as revenue under IFRS standards. This includes the euro 22 million exceptional capital gain mentioned in previous financial releases in 2006, as well as a euro 7.9 million un-realised capital gain resulting from the transfer of some contracts into the Energy Management portfolio further to the capacity swap agreement with EDF announced publicly on January 3, 2007. The services provided by POWEO to its customers enjoy a high level of acceptance and represented revenue of euro 2.9 million in 2006. As from 2007, the revenue realised through these services will be presented separately from other components of revenue in order to better reflect its expected growth. The services offering will be indeed a key element of the marketing strategy of POWEO in the years to come, with a potentially significant impact on the results taking into account their level of gross margin which

  12. European contribution to the study of ROS: A summary of the findings and prospects for the future from the COST action BM1203 (EU-ROS).

    Science.gov (United States)

    Egea, Javier; Fabregat, Isabel; Frapart, Yves M; Ghezzi, Pietro; Görlach, Agnes; Kietzmann, Thomas; Kubaichuk, Kateryna; Knaus, Ulla G; Lopez, Manuela G; Olaso-Gonzalez, Gloria; Petry, Andreas; Schulz, Rainer; Vina, Jose; Winyard, Paul; Abbas, Kahina; Ademowo, Opeyemi S; Afonso, Catarina B; Andreadou, Ioanna; Antelmann, Haike; Antunes, Fernando; Aslan, Mutay; Bachschmid, Markus M; Barbosa, Rui M; Belousov, Vsevolod; Berndt, Carsten; Bernlohr, David; Bertrán, Esther; Bindoli, Alberto; Bottari, Serge P; Brito, Paula M; Carrara, Guia; Casas, Ana I; Chatzi, Afroditi; Chondrogianni, Niki; Conrad, Marcus; Cooke, Marcus S; Costa, João G; Cuadrado, Antonio; My-Chan Dang, Pham; De Smet, Barbara; Debelec-Butuner, Bilge; Dias, Irundika H K; Dunn, Joe Dan; Edson, Amanda J; El Assar, Mariam; El-Benna, Jamel; Ferdinandy, Péter; Fernandes, Ana S; Fladmark, Kari E; Förstermann, Ulrich; Giniatullin, Rashid; Giricz, Zoltán; Görbe, Anikó; Griffiths, Helen; Hampl, Vaclav; Hanf, Alina; Herget, Jan; Hernansanz-Agustín, Pablo; Hillion, Melanie; Huang, Jingjing; Ilikay, Serap; Jansen-Dürr, Pidder; Jaquet, Vincent; Joles, Jaap A; Kalyanaraman, Balaraman; Kaminskyy, Danylo; Karbaschi, Mahsa; Kleanthous, Marina; Klotz, Lars-Oliver; Korac, Bato; Korkmaz, Kemal Sami; Koziel, Rafal; Kračun, Damir; Krause, Karl-Heinz; Křen, Vladimír; Krieg, Thomas; Laranjinha, João; Lazou, Antigone; Li, Huige; Martínez-Ruiz, Antonio; Matsui, Reiko; McBean, Gethin J; Meredith, Stuart P; Messens, Joris; Miguel, Verónica; Mikhed, Yuliya; Milisav, Irina; Milković, Lidija; Miranda-Vizuete, Antonio; Mojović, Miloš; Monsalve, María; Mouthuy, Pierre-Alexis; Mulvey, John; Münzel, Thomas; Muzykantov, Vladimir; Nguyen, Isabel T N; Oelze, Matthias; Oliveira, Nuno G; Palmeira, Carlos M; Papaevgeniou, Nikoletta; Pavićević, Aleksandra; Pedre, Brandán; Peyrot, Fabienne; Phylactides, Marios; Pircalabioru, Gratiela G; Pitt, Andrew R; Poulsen, Henrik E; Prieto, Ignacio; Rigobello, Maria Pia; Robledinos-Antón, Natalia; Rodríguez-Mañas, Leocadio; Rolo, Anabela P; Rousset, Francis; Ruskovska, Tatjana; Saraiva, Nuno; Sasson, Shlomo; Schröder, Katrin; Semen, Khrystyna; Seredenina, Tamara; Shakirzyanova, Anastasia; Smith, Geoffrey L; Soldati, Thierry; Sousa, Bebiana C; Spickett, Corinne M; Stancic, Ana; Stasia, Marie José; Steinbrenner, Holger; Stepanić, Višnja; Steven, Sebastian; Tokatlidis, Kostas; Tuncay, Erkan; Turan, Belma; Ursini, Fulvio; Vacek, Jan; Vajnerova, Olga; Valentová, Kateřina; Van Breusegem, Frank; Varisli, Lokman; Veal, Elizabeth A; Yalçın, A Suha; Yelisyeyeva, Olha; Žarković, Neven; Zatloukalová, Martina; Zielonka, Jacek; Touyz, Rhian M; Papapetropoulos, Andreas; Grune, Tilman; Lamas, Santiago; Schmidt, Harald H H W; Di Lisa, Fabio; Daiber, Andreas

    2017-10-01

    The European Cooperation in Science and Technology (COST) provides an ideal framework to establish multi-disciplinary research networks. COST Action BM1203 (EU-ROS) represents a consortium of researchers from different disciplines who are dedicated to providing new insights and tools for better understanding redox biology and medicine and, in the long run, to finding new therapeutic strategies to target dysregulated redox processes in various diseases. This report highlights the major achievements of EU-ROS as well as research updates and new perspectives arising from its members. The EU-ROS consortium comprised more than 140 active members who worked together for four years on the topics briefly described below. The formation of reactive oxygen and nitrogen species (RONS) is an established hallmark of our aerobic environment and metabolism but RONS also act as messengers via redox regulation of essential cellular processes. The fact that many diseases have been found to be associated with oxidative stress established the theory of oxidative stress as a trigger of diseases that can be corrected by antioxidant therapy. However, while experimental studies support this thesis, clinical studies still generate controversial results, due to complex pathophysiology of oxidative stress in humans. For future improvement of antioxidant therapy and better understanding of redox-associated disease progression detailed knowledge on the sources and targets of RONS formation and discrimination of their detrimental or beneficial roles is required. In order to advance this important area of biology and medicine, highly synergistic approaches combining a variety of diverse and contrasting disciplines are needed. Copyright © 2017 The Authors. Published by Elsevier B.V. All rights reserved.

  13. European contribution to the study of ROS: A summary of the findings and prospects for the future from the COST action BM1203 (EU-ROS

    Directory of Open Access Journals (Sweden)

    Javier Egea

    2017-10-01

    Full Text Available The European Cooperation in Science and Technology (COST provides an ideal framework to establish multi-disciplinary research networks. COST Action BM1203 (EU-ROS represents a consortium of researchers from different disciplines who are dedicated to providing new insights and tools for better understanding redox biology and medicine and, in the long run, to finding new therapeutic strategies to target dysregulated redox processes in various diseases. This report highlights the major achievements of EU-ROS as well as research updates and new perspectives arising from its members. The EU-ROS consortium comprised more than 140 active members who worked together for four years on the topics briefly described below. The formation of reactive oxygen and nitrogen species (RONS is an established hallmark of our aerobic environment and metabolism but RONS also act as messengers via redox regulation of essential cellular processes. The fact that many diseases have been found to be associated with oxidative stress established the theory of oxidative stress as a trigger of diseases that can be corrected by antioxidant therapy. However, while experimental studies support this thesis, clinical studies still generate controversial results, due to complex pathophysiology of oxidative stress in humans. For future improvement of antioxidant therapy and better understanding of redox-associated disease progression detailed knowledge on the sources and targets of RONS formation and discrimination of their detrimental or beneficial roles is required. In order to advance this important area of biology and medicine, highly synergistic approaches combining a variety of diverse and contrasting disciplines are needed.

  14. Hydrogen bonded supramolecular materials

    CERN Document Server

    Li, Zhan-Ting

    2015-01-01

    This book is an up-to-date text covering topics in utilizing hydrogen bonding for constructing functional architectures and supramolecular materials. The first chapter addresses the control of photo-induced electron and energy transfer. The second chapter summarizes the formation of nano-porous materials. The following two chapters introduce self-assembled gels, many of which exhibit unique functions. Other chapters cover the advances in supramolecular liquid crystals and the versatility of hydrogen bonding in tuning/improving the properties and performance of materials. This book is designed

  15. Continuing bonds and place.

    Science.gov (United States)

    Jonsson, Annika; Walter, Tony

    2017-08-01

    Where do people feel closest to those they have lost? This article explores how continuing bonds with a deceased person can be rooted in a particular place or places. Some conceptual resources are sketched, namely continuing bonds, place attachment, ancestral places, home, reminder theory, and loss of place. The authors use these concepts to analyze interview material with seven Swedes and five Britons who often thought warmly of the deceased as residing in a particular place and often performing characteristic actions. The destruction of such a place, by contrast, could create a troubling, haunting absence, complicating the deceased's absent-presence.

  16. Euro-FISH: A concerted action towards standardized translocation detection in pathology

    DEFF Research Database (Denmark)

    Rijk, A. Van; Mason, D.; Leoncini, L.

    2007-01-01

    Background: Lymphomas are cancers originating from the lymphatic system. This specific group of cancers can be divided into two major categories; Hodgkin versus non-Hodgkin lymphomas. Their definition is based on clinical, morphological, immunophenotypic and genetic features and is generally...... at a validation of a robust, standardized FISH protocol. When implemented this procedure will be an aid in discriminating the most difficult to diagnose cases. Method: The Euro-FISH protocol is a useful tool in discerning the different types of lymphoma and available treatment options. The Euro-FISH project...... reliable results in at least 90% of the cases tested and can in principal be implemented for routine use in every pathology laboratory with access to a fluorescence microscope....

  17. Dissimilar Effects of World News Announcements on Euro/Dollar/Yen Exchange Rates: An Econophysics Approach

    Directory of Open Access Journals (Sweden)

    David Matesanz

    2015-01-01

    Full Text Available This paper revisits the issue of the influence of macro-economic announcements over the exchange rates volatility, but from a different perspective as it is the usual in the econometric literature. By quantifying the impact of world-wide macroeconomic information published in the economic calendar in several recent years we were able to construct long events’ time series with the objective to test whether they influence exchange rate volatilities in several currencies. In order to do that, Granger causality test was employed by using a computational approach. Our results show that announcements from U.S.A are, by far, the most important influence over the three spot forex quotes, Euro/Dollar, Euro/Yen and Dollar/Yen. The method proposed here opens the door to address several open questions until now.

  18. Book reviews: Marsh David, The EURO – The Politics of the New Global Currency

    Directory of Open Access Journals (Sweden)

    Isadora Lazar

    2011-03-01

    Full Text Available The EURO – The Politics of the New Global Currency, written by David Marsh and published in both English and German, is a very thorough chronicle of the birth of the European common currency, from its early days, almost half a century before, and of its development until nowadays and even beyond, as it includes considerations on short term dynamics. David Marsh describes the story of the euro in a very complex manner, through a detailed, comprehensive and up to date analysis of the gathered data, making a substantial contribution to understanding the linkages between the political, historical, economic, financial, monetary, strategic and personal determinants of the evolution of the single currency.

  19. Nonlinearity and fractional integration in the US dollar/euro exchange rate

    Directory of Open Access Journals (Sweden)

    Kiran Burcu

    2012-01-01

    Full Text Available This paper examines the nonlinear behavior and the fractional integration property of the US dollar/euro exchange rate over the period from January 1999 to August 2010 by extending the procedure of Peter M. Robinson (1994 to the case of nonlinearity. First, using the approach developed by Mehmet Caner and Bruce E. Hansen (2001, we investigate the possible presence of nonlinearity in the series through the estimation of a two-regime threshold autoregressive model. After finding nonlinearity, we also allow for disturbances to be fractionally integrated based on the different versions of Robinson (1994 tests. The findings show that the US dollar/euro exchange rate follows a stationary process with a weak evidence for long memory.

  20. THE PERSPECTIVES OF EURO INTEGRATION IN ROMANIA, IN THE UNCERTAINTY CONTEXT AROUND THE FOREIGN MARKETS

    Directory of Open Access Journals (Sweden)

    Ciobanu (Sireteanu Elena

    2010-12-01

    Full Text Available This paper has the object to analyze to what extent Romania fulfils the Maastricht criteria in comparison to some countries which are candidate members from Central Europe, in the todays unfavorable context which has been achieved under the actual global financial and economic crisis and with an important impact on the disfunctionalities which appeared in the emergent economies and also in those from the Euro Zone. Romanias modernization towards the European Monetary Union is a complex and hard process which contains real and coherent economical policies pointed towards the accelerated diminution of the economic development differences and that is why a quick adoption of Euro, at this moment it is not an alternative.

  1. Can We Predict the Outcome of the International Football Tournaments? : the Case of Euro 2000 = Uluslararası Futbol Turnavalarının Sonuçları Tahmin Edilebir mi? Euro 2000 Örneği

    Directory of Open Access Journals (Sweden)

    Ferda HALICIOĞLU

    2005-01-01

    Full Text Available This paper statistically analyses and attempts to predict the most likely winners of the Euro 2000 football tournament on the basis of the seasonal coefficients of variation (CVs of the end-of-season points, which were computed from the top division final standings of participating countries of Euro 2000.The CV values computed from over ten seasons for the respective countries were used as a sole measurement value to rank the countries and to determine the most likely winners of Euro 2000.According to the three scenarios (long-term, mid-term, and short-term based on the respective CV values of fifteen countries, France appeared to be the most likely country to win Euro 2000 and was closely followed by Spain.

  2. TESTING STOCK MARKETS’ INTEGRATION FROM CENTRAL AND EASTERN EUROPEAN COUNTRIES WITHIN EURO ZONE

    Directory of Open Access Journals (Sweden)

    Viorica CHIRILA

    2014-10-01

    Full Text Available Stock market integration gives the opportunity of risk diversification on international level. The main effects of this integration are the development of stock markets and economic growth. This paper analyses the integration of stock markets from Central and Eastern Europe using convergence. Beta-convergence gives us information about integration’s speed and sigma-convergence presents information about the degree of integration of stock markets from Central and Eastern Europe on the stock market of Euro Zone.

  3. The euro as a quotation and invoicing currency in the oil and gas sector

    International Nuclear Information System (INIS)

    Swartenbroekz, C.; Pauwels, J.P.

    1999-01-01

    The impact of the introduction of the euro will not be limited to the European economics, but will also have an influence worldwide. Indeed the new currency is really qualified to become an international currency. Under these circumstances, oil and gas sector participants should consider taking the opportunity to make us of he new currency in their transactions. However, even if new opportunities do exist, some opposition could be expressed for operational and geopolitical reasons. (authors)

  4. Euro-NOTES Status Paper: from the concept to clinical practice.

    Science.gov (United States)

    Fuchs, K H; Meining, A; von Renteln, D; Fernandez-Esparrach, G; Breithaupt, W; Zornig, C; Lacy, A

    2013-05-01

    The concept of natural orifice transluminal endoscopic surgery (NOTES) consists of the reduction of access trauma by using a natural orifice access to the intra-abdominal cavity. This could possibly lead to less postoperative pain, quicker recovery from surgery, fewer postoperative complications, fewer wound infections, and fewer long-term problems such as hernias. The Euro-NOTES Foundation has organized yearly meetings to work on this concept to bring it safely into clinical practice. The aim of this Euro-NOTES status update is to assess the yearly scientific working group reports and provide an overview on the current clinical practice of NOTES procedures. After the Euro-NOTES meeting 2011 in Frankfurt, Germany, an analysis was started regarding the most important topics of the European working groups. All prospectively documented information was gathered from Euro-NOTES and D-NOTES working groups from 2007 to 2011. The top five topics were analyzed. The statements of the working group activities demonstrate the growing information and changing insights. The most important selected topics were infection issue, peritoneal access, education and training, platforms and new technology, closure, suture, and anastomosis. The focus on research topics changed over time. The principle of hybrid access has overcome the technical and safety limitations of pure NOTES. Currently the following NOTES access routes are established for several indications: transvaginal access for cholecystectomy, appendectomy and colon resections; transesophageal access for myotomy; transgastric access for full-thickness small-tumor resections; and transanal/transcolonic access for rectal and colon resections. NOTES and hybrid NOTES techniques have emerged for all natural orifices and were introduced into clinical practice with a good safety record. There are different indications for different natural orifices. Each technique has been optimized for the purpose of finding a safe and realistic

  5. CEEPRA - Collaboration Network on EuroArctic Environmental Radiation Protection and Research

    Energy Technology Data Exchange (ETDEWEB)

    Solatie, D.; Leppaenen, A.P. [STUK-Radiation and Nuclear Safety Authority (Finland); Kasatkina, N. [Murmansk Marine Biological Institute (Russian Federation); Nalbandyan, A. [Norwegian Radiation Protection Authority (Norway); Paatero, J. [Finnish Meteorological Institute (Finland); Reinikainen, K.; Nissi, M. [Poeyry Finland Oy (Finland); Vaaramaa, K. [Radiation and Nuclear Safety Authority (Finland)

    2014-07-01

    CEEPRA (Collaboration Network on EuroArctic Environmental Radiation Protection and Research) is an EU-funded project acting under the Kolarctic ENPI CBC programme. The CEEPRA project's main aim is to develop a collaboration network between key radiation research institutions in the EuroArctic region, which will lead to improved emergency preparedness capabilities in the event of any nuclear accidents. The project is studying the current state of radioactive contamination in the terrestrial and marine ecosystems in the EuroArctic region by examining environmental samples collected from Lapland in Finland, Finnmark and Troms in Norway, the Kola Peninsula in Russia and in the Barents Sea. The results provide updated information on the present levels, occurrence and the fate of radioactive substances in the Arctic environments and food chains. Special attention is given to collection and analyses of natural products widely used by general public in Finland, Russia and Norway, such as berries, mushrooms, fish and reindeer meat. The region-specific risk assessments are carried out through modelling and studying of long-term effects of potential nuclear accidents in the EuroArctic region and possible impacts on the region's indigenous population, terrestrial and marine environments, reindeer husbandry, the natural product sector, tourism and industries. The project partners are Radiation and Nuclear Safety Authority (STUK) from Finland, the Murmansk Marine Biological Institute (MMBI) from Russia, the Norwegian Radiation Protection Authority (NRPA), Finnish Meteorological Institute and Poeyry Finland Oy. The Southern Scientific Centre of the Russian Academy of Sciences (SSC RAS) and Norwegian Meteorological Institute (MET) are taking part in the project as well. The main results of the project are presented in this study. Document available in abstract form only. (authors)

  6. Testing Efficiency of Derivative Markets: ISE30, ISE100, USD and EURO

    OpenAIRE

    Akal, Mustafa; Birgili, Erhan; Durmuskaya, Sedat

    2012-01-01

    This study attempts to develop new market efficiency tests depending on the spot and future prices, or the differences of them alternative to traditional unit root test build on univariate time series. As a result of the autocorrelation, normality and run tests applied to spot and futures prices or differences of them, and Adopted Purchasing Power Parity test based on a regression the future markets of ISE30, ISE100 index indicators, USD and Euro currencies, all of which have been traded dail...

  7. Medición de la inflación en la zona euro

    Directory of Open Access Journals (Sweden)

    Rodríguez Ruíz, Julián.

    2003-01-01

    Full Text Available El objeto de este documento consiste en analizar si los movimientos en la “inflación medida” recogen adecuadamente el fenómeno inflacionario para algunos países de la zona euro. Para ello se utiliza la metodología propuesta por Quah y Valhey basada en sistemas de Vectores Autorregresivos Estructurales. La aproximación es consistente con la interpretación de la curva de Phillips a largo plazo.

  8. Analysis of thunderstorm and lightning activity associated with sprites observed during the EuroSprite campaigns

    DEFF Research Database (Denmark)

    Soula, S.; van der Velde, O.; Montanyà, J.

    2009-01-01

    During the summers of 2003 to 2006 sprites were observed over thunderstorms in France by cameras on mountain tops in Southern France. The observations were part of a larger coordinated effort, the EuroSprite campaigns, with data collected simultaneously from other sources including the French rad...... a subsequent CG flash (median value case of a lightning process associated with a sprite consisted of 7 CG flashes....

  9. Euro Chlor risk assessment for the marine environment Osparcom region, North Sea

    International Nuclear Information System (INIS)

    Garny, V.; Lecloux, A.; Boutonnet, J.C.; Papp, R.; De Rooij, C.; Thompson, R.S.; Wijk, D. van

    1999-01-01

    Euro Chlor has voluntarily agreed to carry out environmental risk assessments of 25 chemicals, related to the chlorine industry. The assessments were carried out specifically for the marine environment, according to the methodology laid down in the EU risk assessment Regulation (1488/94) and the Guidance Document of the EU New and Existing Substances Regulation (TGD, 1997). The study consists of the collection and evaluation of data on effects and environmental concentrations

  10. Land-atmosphere feedbacks in EURO-CORDEX: analysis and impact on the precipitation recycling in a changing climate

    Science.gov (United States)

    Cardoso, Rita M.; Soares, Pedro M. M.; Rios, Alexandre; Trigo, Ricardo M.

    2017-04-01

    Land-atmosphere interactions are known to play a key role on climate and are expected to be critical to understand its evolution as a consequence of climate change. These land-air feedbacks are of utmost importance in those regions and periods when the intensity of evapotranspiration is high and, at the same time, controlled by soil moisture availability. In the Mediterranean Basin, the amount of rainfall coming from evapotranspiration over land represents a relevant fraction of the total precipitation in the year. Furthermore, many of these areas are affected by water limitations and are expected to be more sensitive to the impact of climate change along the upcoming decades. The latent and sensible heat fluxes in the Euro-CORDEX simulations (0.11 and 0.44) are the starting point for an assessment of the expected changes in the surface evapotranspiration and evaporative fraction (EF) in a changing climate. The changes in the heat fluxes and EF between 2071-2100 and 1971-2000 exhibit a large spread. The majority of the models forecast an increase in EF in Scandinavia and a decrease in the Mediterranean and Iberia. The WRF model, is also used to explore 3D land-atmosphere coupling over the different regions within the European CORDEX domain, at 0.44 horizontal resolution and for a high resolution domain (9km) over the Iberian Peninsula (IP). We start our analysis by computing the recycling ratio, for the hindcast (1989-2009), through the method of Eltahir and Bras, as a first approach to quantify the intensity of land-atmosphere feedbacks and their impact on the rainfall regime. This method, much more accurate than analytical Integral Moisture Budget recycling models, allows us to explore the spatial distribution of recycling over Europe and therefore focus our analysis on the most sensitive regions. The highest recycling ratio occurs in central and eastern Europe in late spring and summer; where the percentage of precipitation from evapotranspiration is higher than

  11. Areva: 1. quarter 2015 revenue down, at euros 1.762 bn: -1.1% vs. March 2014 (-0.9% like for like)

    International Nuclear Information System (INIS)

    Repaire, Philippine du

    2015-01-01

    In the 1. quarter of 2015, AREVA generated consolidated revenue of 1.762 billion euros, representing a decrease of 1.1% (-0.9% like for like) compared with the same period in 2014. Foreign exchange had a positive impact of 36 million euros over the period, while consolidation scope had a negative impact of 39 million euros. At March 31, 2015, the group had 47.520 billion euros in backlog, a 1.4% increase in relation to December 31, 2014 (46.866 billion euros) reflecting a favorable foreign exchange impact. It should be noted that the backlog does not include the amount from agreements signed with EDF in October 2013 for the EPR reactors project at Hinkley Point in the United Kingdom or for the related fuel. The order intake totaled 881 million euros in the 1. quarter of 2015, an increase compared with the 1. quarter of 2014 (668 million euros)

  12. Ukraine Against Herself: To Be Euro-Atlantic, Eurasian, or Neutral? (Strategic Forum, Number 238, February 2009)

    National Research Council Canada - National Science Library

    Simon, Jeffrey

    2009-01-01

    ... both ways. Since the Orange Revolution, Ukraine has made significant progress developing a Euro-Atlantic style democratic political system, demonstrated a vibrant open media and civil society, and successfully...

  13. Effect of Delayed Bonding and Antioxidant Application on the Bond Strength to Enamel after Internal Bleaching.

    Science.gov (United States)

    Kılınç, Halil İbrahim; Aslan, Tuğrul; Kılıç, Kerem; Er, Özgür; Kurt, Gökmen

    2016-07-01

    This study evaluated the effect of delayed bonding and antioxidant application (AA, 10% sodium ascorbate) after internal bleaching (35% carbamide peroxide) on the shear bond strength of an adhesive cement to enamel. Eighty-four human maxillary central incisors were endodontically treated. The control group remained unbleached with no AA. Experimental groups were all internally bleached. The buccal enamel was finished and polished with metallographic paper to a refinement of #600, in order to obtain a 5-mm(2) flat bonding area. An adhesive cement (Clearfil Esthetic) was placed into a plastic tube with internal diameter of 3 mm and a 3-mm height and cured on the enamel. Bonding occurred either immediately after bleaching (group Im), a 7-day delay (group 7), or a 14-day delay (group 14), and half the specimens were treated with antioxidant application (groups Im-AA, 7-AA, and 14-AA). Shear bond strength testing was performed on a universal testing machine, and data were analyzed with ANOVA and Fisher test (5%). Delaying of bonding is a useful factor for enhancing shear bond strength (p adhesive cementation to enamel is recommended only when delayed 14 days, or delayed 7 days with sodium ascorbate application. © 2015 by the American College of Prosthodontists.

  14. Infrastructure and distributed learning methodology for privacy-preserving multi-centric rapid learning health care: euroCAT

    Directory of Open Access Journals (Sweden)

    Timo M. Deist

    2017-06-01

    The euroCAT infrastructure has been successfully implemented in five radiation clinics across three countries. SVM models can be learned on data distributed over all five clinics. Furthermore, the infrastructure provides a general framework to execute learning algorithms on distributed data. The ongoing expansion of the euroCAT network will facilitate machine learning in radiation oncology. The resulting access to larger datasets with sufficient variation will pave the way for generalizable prediction models and personalized medicine.

  15. Integration of European Bond Markets

    DEFF Research Database (Denmark)

    Christiansen, Charlotte

    2014-01-01

    I investigate the time variation in the integration of EU government bond markets. The integration is measured by the explanatory power of European factor portfolios for the individual bond markets for each year. The integration of the government bond markets is stronger for EMU than non-EMU memb......I investigate the time variation in the integration of EU government bond markets. The integration is measured by the explanatory power of European factor portfolios for the individual bond markets for each year. The integration of the government bond markets is stronger for EMU than non...

  16. Amalgam shear bond strength to dentin using different bonding agents.

    Science.gov (United States)

    Vargas, M A; Denehy, G E; Ratananakin, T

    1994-01-01

    This study evaluated the shear bond strength of amalgam to dentin using five different bonding agents: Amalgambond Plus, Optibond, Imperva Dual, All-Bond 2, and Clearfil Liner Bond. Flat dentin surfaces obtained by grinding the occlusal portion of 50 human third molars were used for this study. To contain the amalgam on the tooth surface, cylindrical plastic molds were placed on the dentin and secured with sticky wax. The bonding agents were then applied according to the manufacturers' instructions or light activated and Tytin amalgam was condensed into the plastic molds. The samples were thermocycled and shear bond strengths were determined using an Instron Universal Testing Machine. Analysis by one-way ANOVA indicated significant difference between the five groups (P < 0.05). The bond strength of amalgam to dentin was significantly higher with Amalgambond Plus using the High-Performance Additive than with the other four bonding agents.

  17. The serum bank of EuroPrevall - the prevalence, cost and basis of food allergy across Europe.

    Science.gov (United States)

    Vieths, Stefan; Reese, Gerald; Ballmer-Weber, Barbara K; Beyer, Kerstin; Burney, Peter; Fernandez-Rivas, Montserrat; Summers, Collin; Ree, Ronald van; Mills, Clare

    2008-10-01

    EuroPrevall is an EU-funded multidisciplinary project including 62 institutions from 22 countries. EuroPrevall studies the prevalence and distribution of food allergies in infants, children, adolescents, and adults in Europe, threshold doses for allergenic foods, the role of the environment in food allergy, the socioeconomic impact of food allergy, and novel diagnostic tools for food allergies. The EuroPrevall serum bank (EPASB), containing samples from approximately 70,000 subjects, is a major tool to achieve these goals. EPASB is coordinated by the Paul-Ehrlich-Institut, Langen, Germany. Local sera collections are administered at the University of Amsterdam (NL), the University Hospital of Manchester (UK), Charité Hospital (DE) and the Paul-Ehrlich-Institut. The EPASB coordinator and managing partners distribute samples for experimental work and regulate access. The overall aim is to provide sera to fulfil EuroPrevall research goals. The EPASB coordinator and managing partners suggest appropriate sera for addressing specific scientific and diagnostic questions. The serum bank will be maintained after termination of the project, but subsequent investigations must be in accordance with the original research goals of EuroPrevall. Thus, the contributors of the sera retain control over their future use. This rule prevents investigation of questions outside the scope of EuroPrevall, e.g. the allergenicity of genetically-modified foods.

  18. Convertible bond valuation focusing on Chinese convertible bond market

    OpenAIRE

    Yang, Ke

    2010-01-01

    This paper mainly discusses the methods of valuation of convertible bonds in Chinese market. Different from common convertible bonds in European market, considering the complicate features of Chinese convertible bond, this paper represents specific pricing approaches for pricing convertible bonds with different provisions along with the increment of complexity of these provisions. More specifically, this paper represents the decomposing method and binomial tree method for pricing both of Non-...

  19. EURO-PREVOB Summary Report. Prevention of Obesity in Europe – Consortium of the prevention of obesity through effective nutrition and physical activity actions – EURO-PREVOB

    DEFF Research Database (Denmark)

    Nørlund, Irene; Harling, Pamela; Pomerleau, Joceline

    2010-01-01

    til at afprøve metoden, som både rettede sig mod de økonomiske og sociale forhold og lokale undersøgelser af butikker og reklamer i udvalgte byområder. http://www.phmetropol.dk/Om+Metropol/Projekter/Ernaering+og+Sundhed/~/media/Files/Om%20Metropol/Viden%20og%20Udvikling/EURO-PREVOB%20Project%20summary.ashx]......Et consortium af 14 europæiske institutter deltog i projekt støttet af EU 6. forskningsramme med henblik på at undersøge metodere som retter sig mod at undersøge udvalgte indikatorer for at vurdere sociale og økonomiske faktorers påvirkning på ernæring og fysisk aktivitet. 5 pilotlande blev udvalgt...

  20. Femtosecond laser etching of dental enamel for bracket bonding.

    Science.gov (United States)

    Kabas, Ayse Sena; Ersoy, Tansu; Gülsoy, Murat; Akturk, Selcuk

    2013-09-01

    The aim is to investigate femtosecond laser ablation as an alternative method for enamel etching used before bonding orthodontic brackets. A focused laser beam is scanned over enamel within the area of bonding in a saw tooth pattern with a varying number of lines. After patterning, ceramic brackets are bonded and bonding quality of the proposed technique is measured by a universal testing machine. The results are compared to the conventional acid etching method. Results show that bonding strength is a function of laser average power and the density of the ablated lines. Intrapulpal temperature changes are also recorded and observed minimal effects are observed. Enamel surface of the samples is investigated microscopically and no signs of damage or cracking are observed. In conclusion, femtosecond laser exposure on enamel surface yields controllable patterns that provide efficient bonding strength with less removal of dental tissue than conventional acid-etching technique.

  1. Comparison of shear bond strength of the stainless steel metallic brackets bonded by three bonding systems

    Directory of Open Access Journals (Sweden)

    Mehdi Ravadgar

    2013-09-01

    Full Text Available Introduction: In orthodontic treatment, it is essential to establish a satisfactory bond between enamel and bracket. After the self-etch primers (SEPs were introduced for the facilitation of bracket bonding in comparison to the conventional etch-and-bond system, multiple studies have been carried out on their shear bond strengths which have yielded different results. This study was aimed at comparing shear bond strengths of the stainless steel metallic brackets bonded by three bonding systems. Methods: In this experimental in vitro study, 60 extracted human maxillary premolar teeth were randomly divided into three equal groups: in the first group, Transbond XT (TBXT light cured composite was bonded with Transbond plus self-etching primer (TPSEP in the second group, TBXT composite was bonded with the conventional method of acid etching and in the third group, the self cured composite Unite TM bonding adhesive was bonded with the conventional method of acid etching. In all the groups, Standard edgewise-022 metallic brackets (American Orthodontics, Sheboygan, USA were used. Twenty-four hours after the completion of thermocycling, shear bond strength of brackets was measured by Universal Testing Machine (Zwick. In order to compare the shear bond strengths of the groups, the variance analysis test (ANOVA was adopted and p≤0.05 was considered as a significant level. Results: Based on megapascal, the average shear bond strength for the first, second, and third groups was 8.27±1.9, 9.78±2, and 8.92±2.5, respectively. There was no significant difference in the shear bond strength of the groups. Conclusions: Since TPSEP shear bond strength is approximately at the level of the conventional method of acid etching and within the desirable range for orthodontic brackets shear bond strength, applying TPSEP can serve as a substitute for the conventional method of etch and bond, particularly in orthodontic operations.

  2. Comparison of shear bond strength of the stainless steel metallic brackets bonded by three bonding systems

    Directory of Open Access Journals (Sweden)

    Mehdi Ravadgar

    2013-09-01

    Full Text Available Introduction: In orthodontic treatment, it is essential to establish a satisfactory bond between enamel and bracket. After the self-etch primers (SEPs were introduced for the facilitation of bracket bonding in comparison to the conventional etch-and-bond system, multiple studies have been carried out on their shear bond strengths which have yielded different results. This study was aimed at comparing shear bond strengths of the stainless steel metallic brackets bonded by three bonding systems. Methods: In this experimental in vitro study, 60 extracted human maxillary premolar teeth were randomly divided into three equal groups: in the first group, Transbond XT (TBXT light cured composite was bonded with Transbond plus self-etching primer (TPSEP; in the second group, TBXT composite was bonded with the conventional method of acid etching; and in the third group, the self cured composite Unite TM bonding adhesive was bonded with the conventional method of acid etching. In all the groups, Standard edgewise-022 metallic brackets (American Orthodontics, Sheboygan, USA were used. Twenty-four hours after the completion of thermocycling, shear bond strength of brackets was measured by Universal Testing Machine (Zwick. In order to compare the shear bond strengths of the groups, the variance analysis test (ANOVA was adopted and p≤0.05 was considered as a significant level. Results: Based on megapascal, the average shear bond strength for the first, second, and third groups was 8.27±1.9, 9.78±2, and 8.92±2.5, respectively. There was no significant difference in the shear bond strength of the groups. Conclusions: Since TPSEP shear bond strength is approximately at the level of the conventional method of acid etching and within the desirable range for orthodontic brackets shear bond strength, applying TPSEP can serve as a substitute for the conventional method of etch and bond, particularly in orthodontic operations.

  3. Mean and extreme temperatures in a warming climate: EURO CORDEX and WRF regional climate high-resolution projections for Portugal

    Science.gov (United States)

    Cardoso, Rita M.; Soares, Pedro M. M.; Lima, Daniela C. A.; Miranda, Pedro M. A.

    2018-02-01

    Large temperature spatio-temporal gradients are a common feature of Mediterranean climates. The Portuguese complex topography and coastlines enhances such features, and in a small region large temperature gradients with high interannual variability is detected. In this study, the EURO-CORDEX high-resolution regional climate simulations (0.11° and 0.44° resolutions) are used to investigate the maximum and minimum temperature projections across the twenty-first century according to RCP4.5 and RCP8.5. An additional WRF simulation with even higher resolution (9 km) for RCP8.5 scenario is also examined. All simulations for the historical period (1971-2000) are evaluated against the available station observations and the EURO-CORDEX model results are ranked in order to build multi-model ensembles. In present climate models are able to reproduce the main topography/coast related temperature gradients. Although there are discernible differences between models, most present a cold bias. The multi-model ensembles improve the overall representation of the temperature. The ensembles project a significant increase of the maximum and minimum temperatures in all seasons and scenarios. Maximum increments of 8 °C in summer and autumn and between 2 and 4 °C in winter and spring are projected in RCP8.5. The temperature distributions for all models show a significant increase in the upper tails of the PDFs. In RCP8.5 more than half of the extended summer (MJJAS) has maximum temperatures exceeding the historical 90th percentile and, on average, 60 tropical nights are projected for the end of the century, whilst there are only 7 tropical nights in the historical period. Conversely, the number of cold days almost disappears. The yearly average number of heat waves increases by seven to ninefold by 2100 and the most frequent length rises from 5 to 22 days throughout the twenty-first century. 5% of the longest events will last for more than one month. The amplitude is overwhelming

  4. Why are Hydrogen Bonds Directional?

    Indian Academy of Sciences (India)

    century and most chemists appear to think of 'chemi- cal bond' as ..... These complexes, in their global min- ima, have ... taneously act as hydrogen bond donor and acceptor displaying ... also has a local minimum, which is linear and similar to.

  5. Bond yield curve construction

    Directory of Open Access Journals (Sweden)

    Kožul Nataša

    2014-01-01

    Full Text Available In the broadest sense, yield curve indicates the market's view of the evolution of interest rates over time. However, given that cost of borrowing it closely linked to creditworthiness (ability to repay, different yield curves will apply to different currencies, market sectors, or even individual issuers. As government borrowing is indicative of interest rate levels available to other market players in a particular country, and considering that bond issuance still remains the dominant form of sovereign debt, this paper describes yield curve construction using bonds. The relationship between zero-coupon yield, par yield and yield to maturity is given and their usage in determining curve discount factors is described. Their usage in deriving forward rates and pricing related derivative instruments is also discussed.

  6. The Euro

    DEFF Research Database (Denmark)

    Jespersen, Jesper

    2016-01-01

    of Germany in 1918 and 1945. The two strategies the elite tried were very different, but they both failed. A heavy war indemnity in 1919 and the common European currency in 1990 were seen by the French elite as instruments to suppress Germany’s potential economic (and political) superiority. The French......Alain Parguez is right when he claims that the “euro” is a political failure and an economic disaster, in which French politicians and economists seem to have played a significant role. France’s elite envisaged being a dominant political power on the Continent after the two military defeats...... economic elite, represented by F. Perroux and Jacques Rueff, supported the elite’s aspiration of being the leading power within a united Europe by academic arguments. The academic support for the Mitterrand government’s European Union (EU) policy was organized by the former economics and finance minister...

  7. The Euro

    DEFF Research Database (Denmark)

    Jespersen, Jesper

    Misunderstood macroeconomics caused the misguided and failed European monetary union with high unemployment and stagnating economic growth......Misunderstood macroeconomics caused the misguided and failed European monetary union with high unemployment and stagnating economic growth...

  8. Corporate Hybrid Bonds

    OpenAIRE

    Ahlberg, Johan; Jansson, Anton

    2016-01-01

    Hybrid securities do not constitute a new phenomenon in the Swedish capital markets. Most commonly, hybrids issued by Swedish real estate companies in recent years are preference shares. Corporate hybrid bonds on the other hand may be considered as somewhat of a new-born child in the family of hybrid instruments. These do, as all other hybrid securities, share some equity-like and some debt-like characteristics. Nevertheless, since 2013 the interest for the instrument has grown rapidly and ha...

  9. Hybrid Cat Bonds

    OpenAIRE

    Barrieu, Pauline; Louberge, Henri

    2009-01-01

    Natural catastrophes attract regularly the attention of media and have become a source of public concern. From a financial viewpoint, natural catastrophes represent idiosyncratic risks, diversifiable at the world level. But for reasons analyzed in this paper reinsurance markets are unable to cope with this risk completely. Insurance-linked securities, such as cat bonds, have been issued to complete the international risk transfer process, but their development is disappointing so far. This pa...

  10. Microtensile bond strength of enamel after bleaching.

    Science.gov (United States)

    Lago, Andrea Dias Neves; Garone-Netto, Narciso

    2013-01-01

    To evaluate the bond strength of a composite resin to the bovine enamel bleached with 35% hydrogen peroxide. It was used an etching-and-rinse adhesive system employed immediately, 7 and 14 days after the bleaching. Twenty bovine teeth were randomly distributed into 4 groups (n = 5), 3 experimental and 1 control. G1: Unbleached + restoration 14 days after storage in artificial saliva (control); G2: Bleached + restoration immediately after bleaching; G3: Bleached + restoration 7 days after bleaching; G4: Bleached + restoration 14 days after bleaching. Their buccal enamel surfaces were flattened, and a 25 mm² (5 × 5 mm) area from each one of these regions was outlined so as to standardize the experimental region. Universal hybrid composite resin Filtek™Z350 was inserted into four layers of 1 mm each and photo-activated. The bond strength was quantitatively evaluated by a microtensile test (1.0 mm/min) 24 h after the restorative procedures. The failure mode was assessed through scanning electron microscopy (SEM). There was a significant reduction in the bond strength of the restored teeth immediately after the bleaching (G2). There were no significant differences in enamel bond strength between groups G1, G3, and G4. There was a predominance of adhesive and mixed (cohesive + adhesive) failure in all groups. The 7-day-period after the end of the bleaching with 35% hydrogen peroxide was enough to achieve the appropriate values of bond strength to the enamel.

  11. Optimal Investment in Structured Bonds

    DEFF Research Database (Denmark)

    Jessen, Pernille; Jørgensen, Peter Løchte

    The paper examines the role of structured bonds in the optimal portfolio of a small retail investor. We consider the typical structured bond essentially repacking an exotic option and a zero coupon bond, i.e. an investment with portfolio insurance. The optimal portfolio is found when the investment...

  12. 46 CFR Sec. 10 - Bonds.

    Science.gov (United States)

    2010-10-01

    ... REPAIRS UNDER NATIONAL SHIPPING AUTHORITY MASTER LUMP SUM REPAIR CONTRACT-NSA-LUMPSUMREP Sec. 10 Bonds. (a... awarded work and the furnishing of the performance and payment bonds required by Article 14 of the NSA... of the NSA-LUMPSUMREP Contract, the standard form of individual performance bond (Standard Form 25...

  13. The chemical bond in inorganic chemistry the bond valence model

    CERN Document Server

    Brown, I David

    2016-01-01

    The bond valence model is a version of the ionic model in which the chemical constraints are expressed in terms of localized chemical bonds formed by the valence charge of the atoms. Theorems derived from the properties of the electrostatic flux predict the rules obeyed by both ionic and covalent bonds. They make quantitative predictions of coordination number, crystal structure, bond lengths and bond angles. Bond stability depends on the matching of the bonding strengths of the atoms, while the conflicting requirements of chemistry and space lead to the structural instabilities responsible for the unusual physical properties displayed by some materials. The model has applications in many fields ranging from mineralogy to molecular biology.

  14. Carlsberg alibi marketing in the UEFA euro 2016 football finals: implications of Probably inappropriate alcohol advertising.

    Science.gov (United States)

    Murray, Rachael; Breton, Magdalena Opazo; Britton, John; Cranwell, Jo; Grant-Braham, Bruce

    2018-04-25

    Alcohol advertising is a key driver of alcohol consumption, and is prohibited in France by the Loi Evin. In 2016 the Danish brewer Carlsberg sponsored the UEFA Euro 2016 finals, held in France, and used the alibis 'Probably' and '…the best in the world' in place of Carlsberg in pitch-side advertising. We have quantified the advertising exposure achieved during the final seven games in the UEFA Euro 2016 championship. Appearances of the Carlsberg alibis 'Probably' and 'the best in the world' were counted and timed to the nearest second during all active play in live coverage of quarter final, semi-final and final matches broadcast in the UK. We used census data and viewing figures from Kantar Media to estimate gross and per capita impressions of these advertisements in the UK population. In 796 min, 29 s of active play there were 746 alibi appearances, totalling 68 min 35 s duration and representing 8.6% of active playing time. Appearances were particularly frequent at the end of normal time, extra time and penalties. The seven matches delivered up to 7.43 billion Carlsberg alibi impressions to UK adults and 163.3 million to children. In the only match involving a second country with laws prohibiting alcohol advertising (France versus Iceland), exposure occurred for only 1.8% of playing time. Alibi marketing achieved significant advertising coverage during the final seven EURO 2016 championship games, particularly to children. Since 'Probably' is registered by Carlsberg as a wordmark this advertising appears to contravene the Loi Evin, though Carlsberg have defended their marketing actions.

  15. Investigation into the prevalence, persistence and antibiotic resistance profiles of staphylococci isolated from euro currency.

    Science.gov (United States)

    Gabriel, E M; Coffey, A; O'Mahony, J M

    2013-08-01

    The study set out to sample € 10 banknotes for the presence of coagulase-positive staphylococci (CPS) such as Staphylococcus aureus (S. aureus) and coagulase-negative staphylococci (CoNS) in Southern Ireland, to assess the levels of antibiotic resistance among those isolated, and determine the persistence of S. aureus on € 10 banknotes and € 2 coins. We report that 97% of € 10 banknotes screened (n = 155) harboured multiple species of staphylococci. From the generated bank of strains, a total of 150 representative staphylococci isolates were used for further study, 71 were CPS and 79 were CoNS. Of these, we found that 62% of the staphylococci demonstrated resistance to at least one of the first-line antibiotics (52.11% of CPS isolates and 76.71% of the CoNS isolates). Resistance to multiple antibiotics was seen in 31.18% of the resistant isolates. In relation to persistence studies, S. aureus was shown to remain viable on euro banknotes and coins for significant periods (on average, 19.33 days on € 10 banknotes and 16.67 days on € 2 coins) as determined using bioluminescence. We advocate the expansion of antibiotic surveillance programs, with a view to tracking/monitoring antibiotic resistance dissemination among environmental contaminants. Additionally, we propose that 'cashless transactions' should be encouraged in high-risk environments such as hospitals and healthcare settings, as well as stricter infection controls. Although it is accepted that circulating currency has the potential to harbour disease-causing pathogens, studies investigating prevalence and persistence of such pathogens on euro currency are virtually nonexistent. In an attempt to rectify this, we examined the prevalence of staphylococci on € 10 banknotes in Ireland and reported relatively high levels of antibiotic resistance among the isolates. Furthermore, we have established the persistence of S. aureus on euro currency for the first time. © 2013 The Society for Applied

  16. Modeling the exchange rate of the euro against the dollar using the ARCH/GARCH models

    Directory of Open Access Journals (Sweden)

    Kovačević Radovan

    2016-01-01

    Full Text Available The analysis of time series with conditional heteroskedasticity (changeable time variability, conditional variance instability, the phenomenon called volatility is the main task of ARCH and GARCH models. The aim of these models is to calculate some of the volatility indicators needed for financial decisions. This paper examines the performance of generalized autoregressive conditional heteroscedasticity (GARCH model in modeling the daily changes of the log exchange rate of the euro against the dollar. Several GARCH models have been applied for modeling the daily log exchange rate returns of the euro, with a different number of parameters. The characteristic of estimated GARCH models is that the obtained coefficients of lagged squared residuals and the conditional variance parameters in the equation of conditional variance have a strong statistical significance. The sum of these two coefficients' estimates is close to a unit, which is typical for GARCH models that are applied on the data of financial assets returns. This means that the shocks in the conditional variance equation will be long lasting. The great value of the sum of these two coefficients shows that the high rates of positive or negative returns leads to a large forecasted value of the variance in the prolonged period. The asymmetrical EGARCH (1,1 model has showed the best results in modeling the euro exchange rate returns. The asymmetry term in the conditional variance equation of this model is negative and statistically significant. A negative value of this term suggests that the positive shock has less impact on the conditional variance than the negative shocks. The asymmetric EGARCH (1,1 model provides evidence of a leverage effect.

  17. Book review: Euro-Latin American cooperation and relations and South-South cooperation

    Directory of Open Access Journals (Sweden)

    Jairo Agudelo Taborda

    2014-09-01

    Full Text Available Reviewed books: Tassara, Carlo Cooperación para el desarrollo, relaciones internacionales y políticas públicas: Teorías y prácticas del diálogo euro-latinoamericano. Ediciones UNAULA, 2013. 302 págs. Marín Aranguren, Erli Margarita y Ro­mero Amaya, María Claudia (eds. Cuando el Sur piensa el Sur: Los giros de la cooperación al desarrollo. Univ. Externado de Colombia, 2013. 362 págs.

  18. Papers presented at EuroSun'96 Congress 1996 in Freiburg, Germany

    DEFF Research Database (Denmark)

    Furbo, Simon; Heller, Alfred; Shah, Louise Jivan

    1996-01-01

    A collection of presented papers at EuroSun'96 Congress in Freiburg, Germany. Four papers are presented orally, two by poster.Verbally presented papers* Furbo Simon and Shah Jivan Louise, OPTIMUM SOLAR COLLECTOR FLUID FLOW RATES.* Holck Ole, MODELLING OF MICROCLIMATE IN COLLECTORS.* Saxhof Bjarne...... and Engelund Thomsen Kirsten, TWO DIFFERENT ROWHOUSES IN KOLDING - THE EFFECT OF ORIENTATION.* Svendsen Svend, ACCELERATED TESTING OF SOLAR COLLECTOR DURABILITY.Poster session presented papers* Heller Alfred, A SIMPLE ATRIUM AIR MODEL.* Shah Jivan Louise and Furbo Simon, OPTIMISATION OF MANTLE TANKS FOR LOW...

  19. Animal welfare strengthens the quality of research. 3 million euros for a ultramodern animal facility

    International Nuclear Information System (INIS)

    2015-01-01

    The Belgian Nuclear Research Center SCK-CEN has been studying the long-term effects of low radiation doses on health for over 40 years.This uses mice because more than 90 per cent of their genome is identical with that of human beings. In order to work better and more ethically, SCK-CEN has invested 3 million euros in a brand-new animal facility. This makes it possible to carry out research under the best possible conditions for both humans and mice.

  20. After Euro 620 m arbitration ruling. What next for Bulgaria's Belene nuclear project?

    Energy Technology Data Exchange (ETDEWEB)

    Kraev, Kamen [NucNet, Brussels (Belgium)

    2016-08-15

    Iran is considering Bulgaria's offer to sell it the Russian-made reactor equipment produced for the abandoned Belene nuclear project. The Belene project was initially planned and started in the 1980s, but was stopped in the early 1990s. In 2008 the project was formally given new life, but suspended again in 2010 and abandoned in 2012. The International Court of Arbitration (ICA) ordered the Bulgarian operator Natsionalna Elektricheska Kompania EAD to pay Euro 620 m in compensation to Russia's Atomstroyexport.

  1. Dove sta andando l'analisi musicale? Riflessioni sul VII EuroMac

    Directory of Open Access Journals (Sweden)

    Mario Baroni

    2014-01-01

    Full Text Available Come tutti i lettori della Rivista ormai sapranno, si è svolto a Roma dal 29 settembre al 2 ottobre di quest’anno, presso il Conservatorio di S. Cecilia, il settimo convegno europeo di analisi musicale (VII European Music Analysis Conference ossia VII EuroMac. Nel convegno, organizzato dal GATM e diretto da Giorgio Sanguinetti, sono state presentate 197 relazioni e svolti otto laboratori. Tutti i materiali sono stati riassunti in un volume (Programme and Abstract Book, Iter Edizioni di Subiaco curato da Egidio Pozzi e Antonio Cascelli.

  2. Eastern Europe as the source of horror and humor: Examples films, "Hostel" and "Euro Trip"

    Directory of Open Access Journals (Sweden)

    Vesna Trifunović

    2016-03-01

    Full Text Available In the period from 2004. to 2007. three films belonging to two different genres were complete in the American production-a horror and a comedy. These being, Hostel (I and II and Euro Trip. The only similarity found in these films is the same stimulus that motivates the horror and the humor segment in them. That stimulus was identifies where all three films are placed, and that is Eastern Europe, more precisely Slovakia. This phenomenon was considered in Noel Carroll’s theory concerning the relationship of horror and humor in order to explain and understand their existence.

  3. Eastern Europe as the source of horror and humor: Examples films, "Hostel" and "Euro Trip"

    OpenAIRE

    Vesna Trifunović

    2016-01-01

    In the period from 2004. to 2007. three films belonging to two different genres were complete in the American production-a horror and a comedy. These being, Hostel (I and II) and Euro Trip. The only similarity found in these films is the same stimulus that motivates the horror and the humor segment in them. That stimulus was identifies where all three films are placed, and that is Eastern Europe, more precisely Slovakia. This phenomenon was considered in Noel Carroll’s theory concerning the r...

  4. First Euro-China Conference on Intelligent Data Analysis and Applications

    CERN Document Server

    Snasel, Vaclav; Corchado, Emilio; Abraham, Ajith; Wang, Shyue-Liang

    2014-01-01

    The First Euro-China Conference on Intelligent Data Analysis and Applications (ECC 2014), which was hosted by Shenzhen Graduate School of Harbin Institute of Technology and was held in Shenzhen City on June 13-15, 2014. ECC 2014 was technically co-sponsored by Shenzhen Municipal People’s Government, IEEE Signal Processing Society, Machine Intelligence Research Labs, VSB-Technical University of Ostrava (Czech Republic), National Kaohsiung University of Applied Sciences (Taiwan), and Secure E-commerce Transactions (Shenzhen) Engineering Laboratory of Shenzhen Institute of Standards and Technology.

  5. [Accidents and injuries in the EU. Results of the EuroSafe Reports].

    Science.gov (United States)

    Bauer, R; Steiner, M; Kisser, R; Macey, S M; Thayer, D

    2014-06-01

    Accidents and injuries are a relevant although largely preventable public health problem. Information on the causes of accidents is the basis for accident prevention and product safety. The current report "Injuries in the European Union", edited by EuroSafe, the European Association for Injury Prevention and Safety Promotion, is a summary of key statistics on accidents and injuries at the EU level. In addition to international data on cause of death, the data of the European Injury Data Base (IDB) in particular are presented. The IDB is a unique data source for the EU based on an internationally standardized dataset of external causes and circumstances of injuries, which is collected in the emergency department of hospitals. Thus, the IDB covers the entire spectrum of accidents and injuries in sufficient detail as is necessary for the derivation of preventive measures and the knowledge of involved products. The currently available IDB data are collected by the participating Member States (2012: Austria, Cyprus, Denmark, Germany, Italy, Latvia, Malta, The Netherlands, Norway, Portugal, Slovenia, and Sweden) in self-interest (i.e., without legal obligation) with the support of the EU health programs. The central database for the IDB is run by the European Commission and provides public access to the aggregated data of the participating countries. Currently, over 100 IDB hospitals in the EU upload around 300,000 cases per year into the EU database. The IDB contains information on all accident sectors (transport, workplace, school etc.) with a focus on leisure and sports accidents. Depending on the accident sector, up to 25 variables (activities, products involved, means of transport etc.) and often also short narratives are recorded for each case. The report shows that 40 million people are treated in a hospital annually in the EU after accidents and violence, and that about 233,000 people die as a consequence of injury. There are large differences between countries

  6. Additional disulfide bonds in insulin

    DEFF Research Database (Denmark)

    Vinther, Tine N; Pettersson, Ingrid; Huus, Kasper

    2015-01-01

    The structure of insulin, a glucose homeostasis-controlling hormone, is highly conserved in all vertebrates and stabilized by three disulfide bonds. Recently, we designed a novel insulin analogue containing a fourth disulfide bond located between positions A10-B4. The N-terminus of insulin's B......-chain is flexible and can adapt multiple conformations. We examined how well disulfide bond predictions algorithms could identify disulfide bonds in this region of insulin. In order to identify stable insulin analogues with additional disulfide bonds, which could be expressed, the Cβ cut-off distance had...... in comparison to analogues with additional disulfide bonds that were more difficult to predict. In contrast, addition of the fourth disulfide bond rendered all analogues resistant to fibrillation under stress conditions and all stable analogues bound to the insulin receptor with picomolar affinities. Thus...

  7. Limits to Arbitrage in Sovereign Bonds Price and Liquidity Discovery in High Frequency Quote Driven Markets

    DEFF Research Database (Denmark)

    Pelizzon, Loriana; Subrahmanyam, Marti G.; Tomio, Davide

    The progressively stronger linkages across markets, due to faster access to information and trade execution, cause market liquidity to be rapidly transmitted across markets. In contrast to the resultant commonality of liquidity across markets that are affected by common market-wide factors...... between markets, and liquidity discovery, the transmission of liquidity shocks, through changes in the quotes posted by market makers and the reactions of arbitrageurs. Our analysis is in the context of the Italian sovereign bond cash and future markets, during the recent Euro-zone sovereign bond crisis...... discovery, the cash market leads the futures market in liquidity discovery, i.e., the willingness of the market makers to trade (measured by market depth as the key liquidity measure). More specifically, the liquidity in the cash market also has a significant impact on the changes in the basis (and...

  8. Risk assessments of regional climate change over Europe: generation of probabilistic ensemble and uncertainty assessment for EURO-CODEX

    Science.gov (United States)

    Yuan, J.; Kopp, R. E.

    2017-12-01

    Quantitative risk analysis of regional climate change is crucial for risk management and impact assessment of climate change. Two major challenges to assessing the risks of climate change are: CMIP5 model runs, which drive EURO-CODEX downscaling runs, do not cover the full range of uncertainty of future projections; Climate models may underestimate the probability of tail risks (i.e. extreme events). To overcome the difficulties, this study offers a viable avenue, where a set of probabilistic climate ensemble is generated using the Surrogate/Model Mixed Ensemble (SMME) method. The probabilistic ensembles for temperature and precipitation are used to assess the range of uncertainty covered by five bias-corrected simulations from the high-resolution (0.11º) EURO-CODEX database, which are selected by the PESETA (The Projection of Economic impacts of climate change in Sectors of the European Union based on bottom-up Analysis) III project. Results show that the distribution of SMME ensemble is notably wider than both distribution of raw ensemble of GCMs and the spread of the five EURO-CORDEX in RCP8.5. Tail risks are well presented by the SMME ensemble. Both SMME ensemble and EURO-CORDEX projections are aggregated to administrative level, and are integrated into impact functions of PESETA III to assess climate risks in Europe. To further evaluate the uncertainties introduced by the downscaling process, we compare the 5 runs from EURO-CORDEX with runs from the corresponding GCMs. Time series of regional mean, spatial patterns, and climate indices are examined for the future climate (2080-2099) deviating from the present climate (1981-2010). The downscaling processes do not appear to be trend-preserving, e.g. the increase in regional mean temperature from EURO-CORDEX is slower than that from the corresponding GCM. The spatial pattern comparison reveals that the differences between each pair of GCM and EURO-CORDEX are small in winter. In summer, the temperatures of EURO

  9. A major sporting event does not necessarily mean an increased workload for accident and emergency departments. Euro96 Group of Accident and Emergency Departments

    OpenAIRE

    Cooke, M. W.; Allan, T. F.; Wilson, S.

    1999-01-01

    AIM: To determine whether there were any changes in attendance at accident and emergency departments that could be related to international football matches (Euro96 tournament). METHOD: Fourteen accident and emergency departments (seven adjacent to and seven distant from a Euro96 venue) provided their daily attendance figures for a nine week period: three weeks before, during, and after the tournament. The relation between daily attendance rates and Euro96 football matches was assessed ...

  10. La relación euro-dólar: seis años después que el euro presentase su mínimo nivel

    Directory of Open Access Journals (Sweden)

    John Jairo García Rendón

    2007-10-01

    Full Text Available Este artículo muestra la relación del tipo de cambio euro-dólar desde que el euro empezó a circular. Específicamente, después de considerar algunos elementos teóricos que determinan el tipo de cambio, explica los principales hechos que llevaron a que el euro a partir de octubre de 2000 revertiera su tendencia decreciente frente al dólar y qué aspectos están influyendo en la actualidad sobre su desempeño, llegando a la conclusión que no es posible establecer un modelo que pondere las variables de forma racional y significativa, haciendo que el comportamiento del tipo de cambio no pueda ser explicado en su totalidad por la teoría económica existente.

  11. Areva - 2013 revenue of euro 9.3 bn thanks to sustained level of activity. Organic growth in the nuclear operations: + 7%, above our financial outlook. Backlog of euro 41.6 bn

    International Nuclear Information System (INIS)

    Duperray, Julien; Berezowskyj, Katherine; Grange, Aurelie; Rosso, Jerome; Thebault, Alexandre; Scorbiac, Marie de; Repaire, Philippine du

    2014-01-01

    Two years after Fukushima, AREVA's level of activity was especially strong in 2013. The group outperformed its revenue outlook for nuclear operations with an organic growth of 7.1%. With more than 9 billion euros, the group's revenue benefited from the robustness of the recurring activities and from temporary elements, such as exceptionally high uranium sales. This growth demonstrates the resilience of Areva's end market, despite unfavourable current conditions, and the efficient match between its commercial offers and customers' expectations. Capitalizing on this dynamic, the group will continue its recovery in order to sustainably self-finance its capital expenditures. After the announcement on January 20, 2014 of exclusive negotiations with Gamesa for the creation of a joint company in the offshore wind field (50% AREVA, 50% Gamesa), and in accordance with IFRS 5 accounting standard, revenue generated by the Wind Energy business is not included in group revenue for 2012 and 2013 and the result of this business will be presented on a separate line, 'net income from discontinued operations' in the 2013 financial statements. In 2013, AREVA had consolidated revenue of 9.303 billion euros, an increase of 3.8% (+6.3% like for like) compared with 2012 benefiting from strong organic growth in the nuclear operations: - Revenue in the nuclear operations was 9.042 billion euros in 2013, compared with 8.633 billion euros in 2012, a 7.1% increase (+4.7% on a reported basis). Revenue was led by the Mining BG (+40.6% like for like) and the Front End BG (+7.5% like for like), offsetting the expected business downturn in the Reactors and Services BG (-1.5% like for like). Revenue was stable in the Back End BG (-0.6% like for like). - The Renewable Energies BG had 132 million euros in revenue, down from 2012 (-24.7% like for like). - Foreign exchange had a negative impact of 101 million euros, while the change in consolidation scope and accounting methods had a negative impact of

  12. Backlog at December 31, 2007: euro 39,8 billion, up by 55% from year-end 2006. 2007 sales revenue: euro 11.9 billion, up by 9.8% (+10.4% like-for-like)

    International Nuclear Information System (INIS)

    2008-01-01

    The AREVA group's backlog reached a record level of euro 39.834 billion as of December 31, 2007, up by 55% from that of year-end 2006. In Nuclear, the backlog was euro 34.927 billion at year-end 2007 (+58%), due in particular to the signature of a contract in a record amount with the Chinese utility CGNPC. The series of agreements concluded provide among other things for the construction of two new-generation EPR nuclear islands and the supply of all of the materials and services needed for their operation through 2027. CGNPC also bought 35% of the production of UraMin, the mining company acquired by AREVA in August 2007. Industrial cooperation in the Back End of the cycle was launched with the signature of an agreement between China and France. In addition, the group signed several long-term contracts in significant amounts, particularly with KHNP of South Korea, EDF and Japanese utilities. The Transmission and Distribution division won several major contracts in Libya and Qatar at the end of the year approaching a total of euro 750 million. For the entire year, new orders grew by 34% to euro 5.816 billion. The backlog, meanwhile, grew by 40% to euro 4.906 billion at year-end. The group cleared sales revenue of euro 11.923 billion in 2007, up by 9.8% (+10.4% like-for-like) in relation to 2006 sales of euro 10.863 billion. Sales revenue for the 4. quarter of 2007 rose to euro 3.858 billion, for growth of 16.7% (+18.8% like-for-like) over one year. Sales revenue for the year was marked by: - Growth of 7.6% (+10.6% like-for-like) in Front End sales revenue, which rose to euro 3.140 billion. The division's Enrichment operations posted strong growth. - Sales were up by 17.5% (+15.2% like-for-like) to euro 2.717 billion in the Reactors and Services division. Sales revenue was driven in particular by the growth of Services operations, after weak demand in 2006, by progress on OL3 construction, and by the start of Flamanville 3, the second EPR. For the Back End division

  13. The EuroPhysiome, STEP and a roadmap for the virtual physiological human.

    Science.gov (United States)

    Fenner, J W; Brook, B; Clapworthy, G; Coveney, P V; Feipel, V; Gregersen, H; Hose, D R; Kohl, P; Lawford, P; McCormack, K M; Pinney, D; Thomas, S R; Van Sint Jan, S; Waters, S; Viceconti, M

    2008-09-13

    Biomedical science and its allied disciplines are entering a new era in which computational methods and technologies are poised to play a prevalent role in supporting collaborative investigation of the human body. Within Europe, this has its focus in the virtual physiological human (VPH), which is an evolving entity that has emerged from the EuroPhysiome initiative and the strategy for the EuroPhysiome (STEP) consortium. The VPH is intended to be a solution to common infrastructure needs for physiome projects across the globe, providing a unifying architecture that facilitates integration and prediction, ultimately creating a framework capable of describing Homo sapiens in silico. The routine reliance of the biomedical industry, biomedical research and clinical practice on information technology (IT) highlights the importance of a tailor-made and robust IT infrastructure, but numerous challenges need to be addressed if the VPH is to become a mature technological reality. Appropriate investment will reap considerable rewards, since it is anticipated that the VPH will influence all sectors of society, with implications predominantly for improved healthcare, improved competitiveness in industry and greater understanding of (patho)physiological processes. This paper considers issues pertinent to the development of the VPH, highlighted by the work of the STEP consortium.

  14. Energy for all for a loan of 3 euros per capita

    Energy Technology Data Exchange (ETDEWEB)

    Jourde, P. [CEA Cadarache, 13 - Saint Paul lez Durance (France); Cyphelly, I. [Alternativas, CMR Las Palmas (Spain); McNelis, B. [ITPower, The Manor House, Hampshire (United Kingdom)

    2004-07-01

    This presentation will focus on four aspects to implement self financed electrification programmes in developing countries: 1. Financial mechanisms: user owner, micro credit, and 2 years revolving fund Dry cells batteries, candles, kerosene lights used by 400 million non electrified houses cost on average 10 euros /month /family. Let us direct these funds towards high performance PV solutions. The SHS will be paid in 2 years to a micro credit organization After, it can finance village business development during 28 years. The 30 years loan starting the process needs 3 euros/capita. 2. High efficiency equipments, especially for village economical development. A new world of energy for the South, autonomous, using D.C. high efficiency equipments is to be developed where nothing exists. The technical barriers are the quality issue, the storage, the D.C. equipments and the motorization. 3 The Laboratory network PV GAP and ETF 9 brings together laboratories in developing countries for three purposes: quality (certification), training, assistance to electrification programmes and technology transfer. 4. Technology transfer network: Technology transfers allow the local manufacture of a maximum of materials out of PV cells. It will generate other local incomes and employment. (authors)

  15. Do East Asian and Euro-Canadian women differ in sexual psychophysiology research participation?

    Science.gov (United States)

    Woo, Jane S T; Brotto, Lori A; Yule, Morag A

    2010-07-01

    Evidence from studies of ethnic differences in sexual conservativeness and Papanicolaou (Pap) testing behaviors suggests that there may be culture-linked differences in rates of participation in physically invasive sexuality studies, resulting in volunteer bias. The effects of ethnicity and acculturation on participation in female psychophysiological sexual arousal research were investigated in a sample of Euro-Canadian (n = 50) and East Asian (n = 58) women. Participants completed a battery of questionnaires and were given either course credits or $10 for their participation. Participants were then informed about the opportunity to participate in a second phase of the study, which involved psychophysiological sexual arousal testing and which was completely optional. Contrary to expectations, the results showed that the East Asian women were more likely to participate in Phase 2 than the Euro-Canadian women. Among the East Asian women, greater heritage acculturation and lower mainstream acculturation predicted a lower likelihood of Phase 2 participation. The findings suggest the need to be wary of overgeneralizing female psychophysiological sexual arousal research results and may have implications for improving Pap testing behaviors in East Asian women.

  16. Differences in sexual guilt and desire in east Asian and Euro-Canadian men.

    Science.gov (United States)

    Brotto, Lori A; Woo, Jane S T; Gorzalka, Boris B

    2012-01-01

    Differences in sexual desire between individuals of East Asian and European descent are well-documented, with East Asian individuals reporting lower sexual desire. The mechanisms that underlie this disparity have received little empirical attention. Recent research has found that sex guilt, "a generalized expectancy for self-mediated punishment for violating or for anticipating violating standards of proper sexual conduct" (Mosher & Cross, 1971 , p. 27), mediates the relationship between culture and sexual desire in East Asian and Euro-Canadian women. The goal of this study was to explore this role of sex guilt in men. Male Euro-Canadian (n = 38) and East Asian (n = 45) university students completed online questionnaires. The East Asian men reported significantly lower sexual desire and significantly higher sex guilt. Sex guilt was a significant mediator of the relationship between ethnicity and sexual desire, as well as a significant mediator between mainstream acculturation and sexual desire. Among the East Asian men, mainstream acculturation was significantly and negatively correlated with sex guilt such that increasing mainstream acculturation was associated with less sex guilt. The diagnostic and clinical implications of the findings are discussed.

  17. EuroFIR Guideline on calculation of nutrient content of foods for food business operators.

    Science.gov (United States)

    Machackova, Marie; Giertlova, Anna; Porubska, Janka; Roe, Mark; Ramos, Carlos; Finglas, Paul

    2018-01-01

    This paper presents a Guideline for calculating nutrient content of foods by calculation methods for food business operators and presents data on compliance between calculated values and analytically determined values. In the EU, calculation methods are legally valid to determine the nutrient values of foods for nutrition labelling (Regulation (EU) No 1169/2011). However, neither a specific calculation method nor rules for use of retention factors are defined. EuroFIR AISBL (European Food Information Resource) has introduced a Recipe Calculation Guideline based on the EuroFIR harmonized procedure for recipe calculation. The aim is to provide food businesses with a step-by-step tool for calculating nutrient content of foods for the purpose of nutrition declaration. The development of this Guideline and use in the Czech Republic is described and future application to other Member States is discussed. Limitations of calculation methods and the importance of high quality food composition data are discussed. Copyright © 2017. Published by Elsevier Ltd.

  18. The surface of 1-euro coins studied by X-ray photoelectron spectroscopy

    International Nuclear Information System (INIS)

    Gou, F.; Gleeson, M.A.; Villette, J.; Kleyn, S.E.F.; Kleyn, A.W.

    2004-01-01

    The two alloy surfaces (pill and ring) that are present on 1-euro coins have been studied by X-ray photoelectron spectroscopy (XPS). Comparison is made between coins from general circulation and coin surfaces that have been subjected to a variety of cleaning and oxidation treatments. The concentrations and possible oxidation states of the metals (nickel, copper and zinc) at the surface were derived from analysis of the 2p 3/2 core levels. The surface atomic ratios measured for the pill and the ring parts of the euro coins were compared to the official bulk ratios. This study shows a clear nickel enrichment of both pill and ring surfaces. Nickel at surface seems to be present mainly in hydroxide form although the chloride form cannot be excluded. A small concentration of zinc was present on the surface of the pill, even though it is not present in the bulk alloy. Evidence of both nickel and zinc surface enrichment is observed for the ring. No surface enrichment is observed for the atomically clean or oxidized alloy surfaces over a 60-h time scale

  19. La crisis de deuda soberana de los PIGS de la zona euro

    Directory of Open Access Journals (Sweden)

    Jourdy V. James Heredia

    2014-01-01

    Full Text Available Portugal, Irlanda, Grecia y España, nombrados por sus iniciales los PIGS de la zona euro, desde el 2010 hasta la actualidad han reflejado desequilibrios fiscales considerables y niveles de endeudamiento que se han hecho inmanejables. A la vez que padecen profundas crisis en sus sistemas bancarios, pobres tasas de crecimiento económico y altos niveles de de desempleo. Ante esta situación la investigación analiza las diferentes políticas económicas (monetaria, fiscal, así como el tipo de cambio en la zona euro y se llega a la conclusión que la salida de la actual situación de crisis de los PIGS depende del logro de un crecimiento económico sostenido. Sobre esta base, la solución al problema económico de los PIGS parecer ser política y, a corto plazo incluye: la necesidad de una cooperación mayor dentro de la eurozona así como cambios en la política económica seguida hasta el momento y en la principal institución monetaria de la zona, entre otros elementos.

  20. Evaluation of major heat waves' mechanisms in EURO-CORDEX RCMs over Central Europe

    Science.gov (United States)

    Lhotka, Ondřej; Kyselý, Jan; Plavcová, Eva

    2018-06-01

    The main aim of the study is to evaluate the capability of EURO-CORDEX regional climate models (RCMs) to simulate major heat waves in Central Europe and their associated meteorological factors. Three reference major heat waves (1994, 2006, and 2015) were identified in the E-OBS gridded data set, based on their temperature characteristics, length and spatial extent. Atmospheric circulation, precipitation, net shortwave radiation, and evaporative fraction anomalies during these events were assessed using the ERA-Interim reanalysis. The analogous major heat waves and their links to the aforementioned factors were analysed in an ensemble of EURO-CORDEX RCMs driven by various global climate models in the 1970-2016 period. All three reference major heat waves were associated with favourable circulation conditions, precipitation deficit, reduced evaporative fraction and increased net shortwave radiation. This joint contribution of large-scale circulation and land-atmosphere interactions is simulated with difficulties in majority of the RCMs, which affects the magnitude of modelled major heat waves. In some cases, the seemingly good reproduction of major heat waves' magnitude is erroneously achieved through extremely favourable circulation conditions compensated by a substantial surplus of soil moisture or vice versa. These findings point to different driving mechanisms of major heat waves in some RCMs compared to observations, which should be taken into account when analysing and interpreting future projections of these events.

  1. Screening for cocaine on Euro banknotes by a highly sensitive enzyme immunoassay.

    Science.gov (United States)

    Abdelshafi, Nahla A; Panne, Ulrich; Schneider, Rudolf J

    2017-04-01

    This study focused on quantitative detection of cocaine on Euro banknotes in Germany. A sensitive direct competitive immunoassay was developed and optimized with a limit of detection (LOD) of 5.6ng/L. Exhaustive cocaine extraction by solvent was tested using different methanol concentrations and buffered solutions. Cross-reactivity studies were performed to determine the degree of interference of cocaine metabolites with the immunoassay. Sixty-five Euro banknotes obtained from different districts in Berlin were evaluated. A 100% contamination frequency with cocaine was detected. A comparison between the amount of cocaine extracted by cotton swabbing of one square centimeter of the banknote showed a good correlation for lower contamination levels. This assay showed high sensitivity of detecting pg of cocaine per 1cm 2 of one banknote by swabbing 1cm 2 : 0, 14, and 21pg/cm 2 . Moreover, three notes of different denominations revealed high cocaine concentration; 1.1mg/note, and twice 55µg/note. Copyright © 2017 Elsevier B.V. All rights reserved.

  2. Energy for all for a loan of 3 euros per capita

    International Nuclear Information System (INIS)

    Jourde, P.; Cyphelly, I.; McNelis, B.

    2004-01-01

    This presentation will focus on four aspects to implement self financed electrification programmes in developing countries: 1. Financial mechanisms: user owner, micro credit, and 2 years revolving fund Dry cells batteries, candles, kerosene lights used by 400 million non electrified houses cost on average 10 euros /month /family. Let us direct these funds towards high performance PV solutions. The SHS will be paid in 2 years to a micro credit organization After, it can finance village business development during 28 years. The 30 years loan starting the process needs 3 euros/capita. 2. High efficiency equipments, especially for village economical development. A new world of energy for the South, autonomous, using D.C. high efficiency equipments is to be developed where nothing exists. The technical barriers are the quality issue, the storage, the D.C. equipments and the motorization. 3 The Laboratory network PV GAP and ETF 9 brings together laboratories in developing countries for three purposes: quality (certification), training, assistance to electrification programmes and technology transfer. 4. Technology transfer network: Technology transfers allow the local manufacture of a maximum of materials out of PV cells. It will generate other local incomes and employment. (authors)

  3. ANALYSIS OF TIME SERIES FOR THE CURRENCY PAIR CROATIAN KUNA / EURO

    Directory of Open Access Journals (Sweden)

    Marko Martinović

    2017-01-01

    Full Text Available The domestic currency Croatian kuna (HRK was introduced in May 1995. To date, the Croatian National Bank (HNB, as a regulator and formulator of monetary policy in Croatia has operated a policy of stable exchange rate, typically referenced to the formal currency of the European Union euro (EUR. From the date of introduction of the euro 01/01/1999 until 01/01/2016 the value of the currency pair HRK / EUR changed in value by only 4.25% (HNB. Although the value of the Croatian kuna is relatively stable, there are some fluctuations on an annual level (e.g. in ­­­the last few years because of the global crisis as well as  on periodic levels within a year. The aim of this paper is to show the movement of the value of the currency pair since the beginning of 2002 to the present day (the time curve, analyze the correctness, trends and periodicity (seasonal behavior, if any exist.The research will be done using the method of Time Series Analysis, assuming that the external (global economy and internal factors (economic policy remain similar or the same. According to the results, further assessment of price developments in the period followed will be made by using the obtained predicative models. In the event that the curve contains the component of periodicity, the observed patterns will be studied further.

  4. Discursive Contextures of Science: Euro/West-Centrism and Science and Technology Studies

    Directory of Open Access Journals (Sweden)

    Amit Prasad

    2016-07-01

    Full Text Available Science and Technology Studies (STS by the very act of showing the multiplicity, contingency, and context-dependence of scientific knowledge and practice, provincialized modern science. Postcolonial interventions within STS have pursued this goal even further. Nevertheless, Euro/West-centrism continues to inflect not only scientific practices and lay imaginaries, but also sociological and historical analyses of sciences. In this article, drawing on my own training within STS – first under J.P.S. Uberoi, who was concerned with structuralist analysis of modernity and science, and thereafter under Andy Pickering, when we focused on material agency and temporal emergence and extensively engaged with Actor Network Theory - I emphasize the continuing role of Euro/West-centric discourses in defining the “self” and the “other” and in impacting epistemological and ontological interventions. More broadly, building on a concept of Michael Lynch’s, I call for excavation and analysis of discursive contextures of sciences. In the second section of the article, through a brief analysis of embryonic stem cell therapy in a clinic in Delhi, I show how with shifting transnational landscape of technoscience certain discursive contextures are being “deterritorialized” and left “stuttering.”

  5. L 'euro ha creato inflazione? Changeover e arrotondamenti dei prezzi al consumo in Italia nel 2002

    Directory of Open Access Journals (Sweden)

    Franco Mostacci

    2003-03-01

    Full Text Available The purpose of this paper is to estimate the specific impact of the introduction of the euro on Italian consumer inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical analysis is based on a large sub-set of prices used by Istat to calculate the general consumer price index for Italy. Between January and October 2002 the general consumer price index rose 2.4%; the impact of rounding on the general consumer price index in Italy amounted to between 0.3 and 0.9 percentage points, depending on the method of estimation used. With reference to the average rise in the general consumer price index of 2.5% in 2002, the impact on average annual consumer price inflation in 2002 lies between 0.1 and 0.5 percentage points. The changeover apparently worked its effect mainly through products sold by traditional retail channels.

  6. L 'euro ha creato inflazione? Changeover e arrotondamenti dei prezzi al consumo in Italia nel 2002

    Directory of Open Access Journals (Sweden)

    Franco Mostacci

    2012-04-01

    Full Text Available The purpose of this paper is to estimate the specific impact of the introduction of the euro on Italian consumer inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical analysis is based on a large sub-set of prices used by Istat to calculate the general consumer price index for Italy. Between January and October 2002 the general consumer price index rose 2.4%; the impact of rounding on the general consumer price index in Italy amounted to between 0.3 and 0.9 percentage points, depending on the method of estimation used. With reference to the average rise in the general consumer price index of 2.5% in 2002, the impact on average annual consumer price inflation in 2002 lies between 0.1 and 0.5 percentage points. The changeover apparently worked its effect mainly through products sold by traditional retail channels.  JEL Codes: E31, F36Keywords: Consumer Price Index, Inflation, Prices

  7. AREVA at December 31, 2012: Sales revenue growth to euro 9.342 bn (+5.3% vs. 2011), led by nuclear and renewables operations; Backlog replenished in 2012 to euro 45.4 bn thanks to the increase in order intake

    International Nuclear Information System (INIS)

    Duperray, Julien; Berezowskyj, Katherine; Kempkes, Vincent; Rosso, Jerome; Thebault, Alexandre; Scorbiac, Marie de; Repaire, Philippine du

    2013-01-01

    AREVA had 9.342 billion euros in consolidated sales revenue in 2012, an increase of 5.3% compared with 2011 (+4.4% like for like). This increase reflects growth in both nuclear and renewables operations: - the nuclear operations reported sales revenue of 8.633 billion euros in 2012, compared with 8.426 billion euros in 2011, a 2.4% increase. On a reported basis, growth was led by the Mining Business Group (+5.5%), the Reactors and Services BG (+7.1%) and the Back End BG (+9.5%), offsetting the expected decrease in business in the Front End BG (-10.2%); - the Renewable Energies BG reported 572 million euros in sales revenue, a sharp increase in relation to 2011 (+92.3%); - foreign exchange had a positive impact of 159 million euros over the period, while changes in consolidation scope had a negative impact of 83 million euros. Fourth quarter 2012 sales revenue totaled 2.799 billion euros. It was down 4.2% on a reported basis (-4.1% like for like), chiefly due to a lower level of activity in the Mining BG compared with a particularly high fourth quarter 2011 and following three consecutive quarters of strong growth for the BG. Foreign exchange had a positive impact of 29 million euros over the period. Changes in consolidation scope had a negative impact of 31 million euros for the quarter. The group's backlog of 45.4 billion euros at December 31, 2012 was stable in relation to December 31, 2011 (45.6 billion euros). The 10.4% increase in nuclear order intake (a total of 8% for the group) compensated for the activity level growth in 2012 and cancellations of orders in nuclear operations following the Fukushima accident (for a total amount of 936 million euros, compared with 464 million euros at December 31, 2011 and 742 million euros at September 30, 2012)

  8. The Semantic Management of Environmental Resources within the Interoperable Context of the EuroGEOSS: Alignment of GEMET and the GEOSS SBAs

    Science.gov (United States)

    Cialone, Claudia; Stock, Kristin

    2010-05-01

    EuroGEOSS is a European Commission funded project. It aims at improving a scientific understanding of the complex mechanisms which drive changes affecting our planet, identifying and establishing interoperable arrangements between environmental information systems. These systems would be sustained and operated by organizations with a clear mandate and resources and rendered available following the specifications of already existent frameworks such as GEOSS (the Global Earth Observation System of systems)1 and INSPIRE (the Infrastructure for Spatial Information in the European Community)2. The EuroGEOSS project's infrastructure focuses on three thematic areas: forestry, drought and biodiversity. One of the important activities in the project is the retrieval, parsing and harmonization of the large amount of heterogeneous environmental data available at local, regional and global levels between these strategic areas. The challenge is to render it semantically and technically interoperable in a simple way. An initial step in achieving this semantic and technical interoperability involves the selection of appropriate classification schemes (for example, thesauri, ontologies and controlled vocabularies) to describe the resources in the EuroGEOSS framework. These classifications become a crucial part of the interoperable framework scaffolding because they allow data providers to describe their resources and thus support resource discovery, execution and orchestration of varying levels of complexity. However, at present, given the diverse range of environmental thesauri, controlled vocabularies and ontologies and the large number of resources provided by project participants, the selection of appropriate classification schemes involves a number of considerations. First of all, there is the semantic difficulty of selecting classification schemes that contain concepts that are relevant to each thematic area. Secondly, EuroGEOSS is intended to accommodate a number of

  9. Areva - First quarter 2009 revenue climbs 8.5% to 3.003 billion euros; Areva - Progression du chiffre d'affaires du 1. trimestre 2009: + 8,5% a 3003 millions d'euros

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-04-15

    First quarter 2009 revenue was up 8.5% compared with the same period last year, to 3.003 billion euros. At constant exchange rates and consolidation scope, growth came to 3.9%. Currency translation had a positive impact of 57 million euros over the quarter. Changes in the consolidation scope had an impact of 66 million euros, primarily due to the consolidation of acquisitions made in 2008 in Transmission and Distribution and in Renewable Energies. The growth engines for first quarter revenue were the Reactors and Services division and the Transmission and Distribution division, with growth of 9.2% and 16.1% respectively. Outside France, revenue rose to 2.032 billion euros, compared with 1.857 billion euros in the first quarter of 2008, and represents 68% of total revenue. Orders were steady in the first quarter, particularly in the Front End, which posted several significant contracts with US and Asian utilities, and in Transmission and Distribution, with orders up sharply in Asia and South America. As of March 31, 2009, the group's backlog reached 49.5 billion euros, for 28.3% growth year-on-year, including 31.3% growth in Nuclear and 10.2% in Transmission and Distribution. For the year as a whole, the group confirms its outlook for backlog and revenue growth as well as rising operating income It should be noted that revenue may vary significantly from one quarter to the next in nuclear operations. Accordingly, quarterly data cannot be viewed as a reliable indicator of annual trends.

  10. Asymmetrical bonding in cold spraying of dissimilar materials

    Science.gov (United States)

    Nikbakht, R.; Seyedein, S. H.; Kheirandish, S.; Assadi, H.; Jodoin, B.

    2018-06-01

    Characteristics of particle bonding, especially for dissimilar materials, remains a key question in cold spray deposition. There are limited reports in direct correlation to particle/substrate bonding and peripheral shear zones. Cold spraying experiments and numerical simulations are conducted to characterise and analyse the correlation between bonding and peripheral shear zones for asymmetric particle/substrate pairs of intermetallic-forming elements of nickel and titanium. The correlation between metallic bonding and highly strained areas is explored in view of the growth of the intermetallic phase at the particle/substrate interface during subsequent heat treatments. Characterisation of the as-sprayed samples reveal that for the Ni(particle)/Ti(substrate) pair, plastic deformation of the particle is dominating over substrate deformation. However, for the Ti(particle)/Ni(substrate) pair, it is observed that the substrate and particle deform to similar extents. Characterisation of the samples after a brief heat treatment at 700 °C indicate that intermetallic formation, and hence metallurgical bonding of the pairs is more likely to occur at the particle peripheries where the interface areas are highly strained, and rarely achieved at the particle base. Results also reveal that bonding extends from peripheries toward the central part of the interfaces with increasing the impact velocity. The kinetics of interfacial intermetallic formation at peripheral areas and its correlation to particle bonding is discussed in view of deformation-enhanced interdiffusion.

  11. AREVA - First quarter 2011 revenue: 2.7% growth like for like to 1.979 billion euros

    International Nuclear Information System (INIS)

    2011-01-01

    The group reported consolidated revenue of 1.979 billion euros in the 1. quarter of 2011, for 2.2% growth compared with the 1. quarter of 2010 (+ 2.7% like for like). The increase was driven by the Mining / Front End Business Group (+ 20.8% LFL). Revenue from outside France rose 12.0% to 1.22 billion euros and represented 62% of total revenue. The impacts of foreign exchange and changes in consolidation scope were negligible during the period. The March 11 events in Japan had no significant impact on the group's performance in the 1. quarter of 2011. The group's backlog of 43.5 billion euros at March 31, 2011 was stable in relation to March 31, 2010. The growth in the backlog of the Mining / Front End and Renewable Energies Business Groups offset the partial depletion of the backlog in the Reactors and Services and Back End Business Groups as contracts were completed

  12. Fatigue aging of adhesive bonds

    International Nuclear Information System (INIS)

    DeLollis, N.J.

    1979-01-01

    A year long study has been made of the effect of fatigue on the bond between two epoxy encapsulant formulations and a fused alumina disc. The variables studied included isothermal aging at temperatures up to and including the cure temperature and cyclic thermal aging from +74 to -54 0 C. The encapsulants were glass microballoon filled epoxies differing only in curing agents. One was cured with an aromatic amine eutectic (Shell Curing Agent Z). The other was cured with diethanolamine. The Z cured encapsulant bond failed completely at the bond interface with little or no aging; infrared evidence indicated a soluble interlayer as a possible cause of failure. The diethanolamine cured encapsulant survived a year of isothermal aging with little or no evidence of bond degradation. Cyclic thermal aging resulted in gradual bond failure with time. An extrapolation of the cyclic aging data indicates that the stresses induced by thermal cycling would result in complete bond failure in about 1200 days

  13. What is a hydrogen bond?

    Indian Academy of Sciences (India)

    First page Back Continue Last page Overview Graphics. What is a hydrogen bond? Precise definition of a hydrogen bond is still elusive!1. Several criteria are listed usually for X-H•••Y, X and Y initially thought to be F, O and N only1. Structural: The X-Y bond length is less than the sum of their van der Waals radii. X-H•••Y is ...

  14. Composite interlayer for diffusion bonding

    International Nuclear Information System (INIS)

    1976-01-01

    A ductile interlayer is described, which is useful for transient liquid phase diffusion bonding of metallic articles; the interlayer consisting of a melting point depressant and a plurality of ductile lamellae which are free from carbides, aluminides and borides. The composition and fabrication of the lamellae, and the process for bonding the metallic articles, depend on the composition of the metals to be bonded, and are exemplified in the specification. (U.K.)

  15. Tooth replantation after use of Euro-Collins solution or bovine milk as storage medium: a histomorphometric analysis in dogs.

    Science.gov (United States)

    Sottovia, André Dotto; Sottovia Filho, Dagoberto; Poi, Wilson Roberto; Panzarini, Sônia Regina; Luize, Danielle Shima; Sonoda, Celso Koogi

    2010-01-01

    Euro-Collins solution was developed for the preservation of organs for transplantation, whose characteristics have raised interest for its use as a storage medium for avulsed teeth before replantation. This study evaluated histologically and morphometrically the healing process of dog teeth replanted after storage in Euro-Collins solution or bovine milk. Eighty roots of 4 young adult mongrel dogs were randomly assigned to 4 groups (n = 20) and the root canals were instrumented and obturated with gutta-percha and a calcium hydroxide-based sealer. After 2 weeks, the teeth were extracted and subjected to the following protocols: GI (negative control), replantation immediately after extraction; GII (positive control), bench-drying for 2 hours before replantation; GIII and GIV, immersion in 10 mL of whole bovine milk and Euro-Collins solution at 4 degrees C, respectively, for 8 hours before replantation. The animals were sacrificed 90 days postoperatively. The pieces containing the replanted teeth were subjected to routine processing for histologic and histometric analyses under light microscopy and polarized light microscopy. Root resorption was observed in all groups. GII exhibited the greatest loss of dental structure (P < .01), and inflammatory resorption was predominant in this group. Storage in milk showed poorer results than immediate replantation and storage in Euro-Collins solution (P < .01). The teeth stored in Euro-Collins solution presented similar extension of root resorption and periodontal ligament reorganization to those of immediately replanted teeth. The findings of this study suggest that the Euro-Collins solution is an adequate storage medium for keeping avulsed teeth for up to 8 hours before replantation.

  16. A simplified indirect bonding technique

    Directory of Open Access Journals (Sweden)

    Radha Katiyar

    2014-01-01

    Full Text Available With the advent of lingual orthodontics, indirect bonding technique has become an integral part of practice. It involves placement of brackets initially on the models and then their transfer to teeth with the help of transfer trays. Problems encountered with current indirect bonding techniques used are (1 the possibility of adhesive flash remaining around the base of the brackets which requires removal (2 longer time required for the adhesive to gain enough bond strength for secure tray removal. The new simplified indirect bonding technique presented here overcomes both these problems.

  17. Human Bond Communication

    DEFF Research Database (Denmark)

    Prasad, Ramjee

    2016-01-01

    Modern dexterous communication technology is progressively enabling humans to communicate their information through them with speech (aural) and media (optical) as underpinning essence. Humans realize this kind of aural and optical information by their optical and auditory senses. However, due...... to certain constraints, the ability to incorporate the other three sensory features namely, olfactory, gustatory, and tactile are still far from reality. Human bond communication is a novel concept that incorporates olfactory, gustatory, and tactile that will allow more expressive and holistic sensory...... information exchange through communication techniques for more human sentiment centric communication. This concept endorses the need of inclusion of other three senses and proposes an innovative approach of holistic communication for future communication network....

  18. Prediction of fracture toughness and durability of adhesively bonded composite joints with undesirable bonding conditions

    Science.gov (United States)

    Musaramthota, Vishal

    Advanced composite materials have enabled the conventional aircraft structures to reduce weight, improve fuel efficiency and offer superior mechanical properties. In the past, materials such as aluminum, steel or titanium have been used to manufacture aircraft structures for support of heavy loads. Within the last decade or so, demand for advanced composite materials have been emerging that offer significant advantages over the traditional metallic materials. Of particular interest in the recent years, there has been an upsurge in scientific significance in the usage of adhesively bonded composite joints (ABCJ's). ABCJ's negate the introduction of stress risers that are associated with riveting or other classical techniques. In today's aircraft transportation market, there is a push to increase structural efficiency by promoting adhesive bonding to primary joining of aircraft structures. This research is focused on the issues associated with the durability and related failures in bonded composite joints that continue to be a critical hindrance to the universal acceptance of ABCJ's. Of particular interest are the short term strength, contamination and long term durability of ABCJ's. One of the factors that influence bond performance is contamination and in this study the influence of contamination on composite-adhesive bond quality was investigated through the development of a repeatable and scalable surface contamination procedure. Results showed an increase in the contaminant coverage area decreases the overall bond strength significantly. A direct correlation between the contaminant coverage area and the fracture toughness of the bonded joint was established. Another factor that influences bond performance during an aircraft's service life is its long term strength upon exposure to harsh environmental conditions or when subjected to severe mechanical loading. A test procedure was successfully developed in order to evaluate durability of ABCJ's comprising severe

  19. 30 CFR 281.33 - Bonds and bonding requirements.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Bonds and bonding requirements. 281.33 Section 281.33 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR OFFSHORE LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF Financial Considerations § 281.33...

  20. 29 CFR 2580.412-19 - Term of the bond, discovery period, other bond clauses.

    Science.gov (United States)

    2010-07-01

    ... SECURITY ACT OF 1974 TEMPORARY BONDING RULES General Bond Rules § 2580.412-19 Term of the bond, discovery... 29 Labor 9 2010-07-01 2010-07-01 false Term of the bond, discovery period, other bond clauses... new bond must be obtained each year. There is nothing in the Act that prohibits a bond for a term...