Übersetzung für "Übergangskosten" in Englisch

However, concerns about these transitional costs should not obscure the broader economic benefits.

Many participants in the European payments market suffer from duplicate, transitional costs of providing or using payment services.

This will involve direct benefits, as well as some costs, for the budgets of some countries in the transitional period.

Government may offer temporary wage subsidies in some cases if employers cannot afford the transition costs.

If, as my group believes, the stimulating effects of suppressing both the costs of conversion and the internal uncertainties about change are cancelled out by the recessive effect of the new monetary inflexibility and transition costs, the fall-off in growth will strike the most fragile enterprises first, and again these are SMEs.

In fact, on the eve of the liberalisation of the electricity industry, the companies have managed to get the government to propose compensation of ESP 1.3 billion, that is, EUR 6 200 million, to cover the costs of the transition to a competitive environment.

In addition, I now have serious doubts as to the neutrality, impartiality and objectivity with which the Director-General for Energy is dealing with this issue. By his very presence at that meeting and by what he said there, he endorsed the legality of the costs of transition to competition in Spain.

It will be for the Commission to consider whether the so-called costs of the transition to a competitive situation are genuine costs and should be included in the electricity bill or whether, on the contrary, they are to be seen as state aid.

Perhaps you ought to begin consultations so that, in future, people have access to an assessment of inflation that is more in line with the needs of an economy that has to assume transition costs.

Current European aid is essential and alleviates the cost of the transition, but if we really want to preserve a model of European society based upon solidarity and negotiation between all players in a 27-State European Union, there needs to be a clear commitment from both sides to this objective that exceeds the commitment to incorporating the Community acquis and will oblige each of the 15 current members to provide additional aid.

According to these critics , the SEPA goal of a domestic payment area would have to be revisited in view of the transition costs .

This is partly because, initially, economies face high implementation and transition costs, which estimates of AI’s economic impact tend to ignore.

Even accounting for transition costs and competition effects, it could add some $13 trillion to total output by 2030 and boost global GDP by about 1.2% per year.

The 2004 budget foresees a further increase of the deficit, largely related to a surge in public investment and higher expenditure related to the social security system and public sector wages, as well as significant transition costs of the pension reform.

The market must be aware that many difficult problems remain to be solved, and that the changeover will involve expense; they must also be aware that this is the inevitable downside to the benefits that the single currency will bring to Europe.

The deregulation of the energy market has stalled, entailing high transition costs, which could be greater than the benefits derived.

A number of studies have shown that the benefits of phasing out ODSs are clearly greater than the transition costs.

Specifically for 2012, ABN AMRO Group has also calculated a ‘run-rate’ profit, which excludes transition costs and assumes that cost synergies were already accounted for the full year.

A proportion of the transition costs incurred by Europol to prepare for the new financial framework from the year preceding the first budgetary year following the date of application of this Decision shall be borne by the general budget of the European Union.

Within this framework, the Government intends to maintain a broadly balanced budget, allowing for a deficit of up to 2% of GDP, only to cover the transitional costs of structural reforms and increased public investment in infrastructure.

This is because several other factors come into play when insurers calculate their prices, including the percentage of men and women in the insurer's portfolio, the transition cost and risk margin to adapt to a new system and the level of competition in a specific market.

Should a later appraisal of the situation, based on irrefutable evidence, point to an excessive impact on the market, taxation (e.g. V.A.T. deduction) could be resorted to in order to cover part of the changeover costs.

While in many cases investments to move towards a green economy can result in short-term win-win solutions, in other cases a medium term perspective will be needed, and transitional costs will have to be addressed, including through "pro-poor" policies.