The fiscal position is, by German standards, unacceptable, and public debt at current levels is contrary to the European Union s Stability and Growth Pact and a burden on future generations.

Demographic developments alone require major reforms of social policy.

Critics of experimental economics worry that subjects bring to experimental situations modes of thought determined outside of the experiment, and thus that the experiments are not as clean and the inferences not as clear cut as in the physical sciences.

Nonetheless, economic experiments provide insights into a number of important issues, such as the improved design of auctions.

Listing and trading rules will be harmonized, and standards of information disclosure will become uniform across exchanges.

(b) The establishment, in advance, of conditions for participation, including selection and award criteria and tendering rules, and their publication

Investment banks with leverage of more than 30 times their capital in early 2007 are now down to little more than ten times.

Developing countries are often advised (or instructed) to undertake reforms recommended by experts who are called technocrats and are often backed by the IMF.

Furthermore, there is no guarantee that voters in countries that require a referendum on treaty changes would support a further transfer of sovereignty.

Democracies require real debate.

The opponents call for new laws.

A recount was demanded.

And some are holding out for an implosion.

Hard times call for sacrifices.

The problem is that people do not demand houses they demand habitats.

In London, the FTSE 100 was off by 2.3 when trading ended that day.

That attempt never generated much trading volume.

The market barometer fluctuated between 12,027 and 12,170 points in the course of trading.

In after hours trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5 percent.

They require deep, fundamental changes.

Global challenges require global solutions.

And both require silence of some sort.

Immediate problems require immediate responses.

The West s interests demand that we remain engaged.

Global problems require Scottish solutions.

They demand this kind of information all the time.

They demand suffrage for all.

Desperate times call for desperate measures.

Not all verbs require an object.

Difficult problems require imaginative solutions.

Technological change promises even faster trading speeds in the near future.

Hours after the announcement, Apple Inc. (AAPL) shares dropped five percent in after hours trading.

These problems all require different methods for unlocking growth.

Third, reforms require a strong leader.

Such risks demand examination and planning.

Many are demanding that the airing of Disney Channel should be stopped.

Teargas bombs launched at YouStink protesters.

People demand that such evil entities should be punished.

They require me to work harder.

They are demanding shorter working hours.

Unfortunately, these things take time.

The stunning magnitude of recent declines cannot be dismissed as a one day anomaly caused by a technical trading glitch.

But these are just small victories in the face of a much larger and stronger crackdown that requires more urgent attention.

Copenhagen is the venue for the meeting.

Protesters sitting outside the election hall.