Sentences with phrase «euro area as a whole»
The unemployment rate for the euro area as a whole stood at 8.9 per cent in June, up almost 1 percentage point from the late 2001 trough.
https://www.rba.gov.au/
Employment in the euro area as a whole has been flat over the past year, although outcomes have varied considerably across countries, with Germany displaying notable weakness.
«may establish a stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a whole.
The Court held that objective of the stability mechanism, namely to «safeguard the stability of the euro area as a whole», is «clearly distinct» from the objective of monetary policy, that is, to maintain «price stability».
«-LSB-... t] he objective pursued by [the ESM], which is to safeguard the stability of the euro area as a whole, that is clearly distinct from the objective of maintaining price stability, which is the primary objective of the Union's monetary policy.
In any case, the CJEU continued by emphasising that stability support is only granted subject to strict conditionality and when such support «is indispensable to safeguard the financial stability of the euro area as a whole».