Traduction de «faiblesse de la demande » (Français → Anglais) :

The resilience of tourism and foreign direct investments (FDI) together with an increase of electricity exports supported the recovery, compensating for a weak domestic demand.

24. 24 Defends the independence of the ECB in setting monetary policy and in managing the effects of volatility in global financial markets; emphasises that the appreciation of the euro exchange rate is the result of mounting imbalances in third countries and sluggish demand in the euro area; is concerned at the extent to which growth in the EU will be strong enough to offset the volatility in global financial markets and exchange rates;

24. 24 Defends the independence of the ECB in setting monetary policy and in managing the effects of volatility in global financial markets; emphasises that the appreciation of the euro exchange rate is the result of mounting imbalances in third countries and sluggish demand in the euro area; is concerned at the extent to which growth in the EU will be strong enough to offset the volatility in global financial markets and exchange rates;

26. Defends the independence of the ECB in setting monetary policy and in managing the effect of volatility of global financial markets; emphasises that the appreciation of the euro exchange rate is the result of mounting imbalances in third countries and sluggish demand in the euro area; is concerned as to the extent to which European growth will be strong enough to offset the volatility in global financial markets and exchange rates;

D. Whereas the relative decline of the European economy can be linked to: an inappropriate regulatory framework combined with a lack of structural reform, which renders our economy less flexible than those of our main competitors, stagnant domestic demand, a lack of business dynamism and weak labour markets as a result of slow demographic growth, low employment rates, and poor productivity growth; whereas poor productivity growth is caused by a lack of investment, insufficient innovation and the misalignment of labour supply and demand on account of the incapacity of our poorly financed educational and training systems to adapt our work ...[+++]ers to an ever-shifting world;

2. Points out that the report singles out, among many, four factors: depressed business and consumer sentiment, resulting in weak consumer demand, economic cycle, currency turmoil and high long-term interest rates in 1994, as accounting for the disappointing growth performance in 1995 (i.e. 2.5 per cent); welcomes, in this respect, that the Commission has rightly recognized monetary policies and monetary turbulences as being responsible for the recent slowdown and negative effects on employment; urges, therefore, the monetary authorities to reduce their interest rates further to the extent possible;