Traduction de «analyse logique » (Français → Anglais) :

46. Is not convinced, given the information available at this point in time, that Europe-wide requirements concerning own capital or balance-sheet valuation would be appropriate; rejects, in line with that rationale, any review of the IORP Directive which aims to achieve this; believes, however, that the Quantitative Impact Study (QIS) currently being carried out by the European Insurance and Occupational Pensions Authority (EIOPA), as well as possible follow-up analyses to that study, should be fully taken into account in this policy context; emphasises that if such requirements were later to be introduced, direct application of Solv ...[+++]ency II requirements to IORPs would not be the right instrument;

If we based our judgment solely on the harsh and unpalatable logic, which undoubtedly exists – the logic of numbers, which may appear solid but which are in fact intangible – we should neither understand the problem nor be able to analyse it, since the concepts invoked are delocation, globalisation and compatibility.

If we based our judgment solely on the harsh and unpalatable logic, which undoubtedly exists – the logic of numbers, which may appear solid but which are in fact intangible – we should neither understand the problem nor be able to analyse it, since the concepts invoked are delocation, globalisation and compatibility.

The evaluation assessed the following specific issues: relevance of the programme's objectives, priorities and means of implementation, the effectiveness and impact of the programme, its efficiency and cost effectiveness, its utility and sustainability, causal links from resources used through to activities and presumed impacts (the intervention logic) and lessons to be learnt for possible future interventions of a similar type.

The differences of opinion persist and we cannot move ahead with this issue, whereas the United States, on the other hand, has unilaterally set up a very efficient and comprehensive compensation system, which is effectively funded by consumers of oil products, which is perfectly logical and legitimate.

Certainly, further efforts are required and further proposals and ideas about how to proceed, but the life cycle analysis contains the whole mode of thinking and way of approaching this issue.