The phrase "area financial" is not correct and does not convey a clear meaning in written English.
It may be intended to refer to a specific financial sector or region, but it lacks clarity and context.
Example: "The area financial report indicates a significant increase in local investments."
Alternatives: "regional financial" or "local financial".
Today, however, says Marinus Daling, Sanlam's boss, "We want to focus on our core area: financial services".
Germany has maintained a large current account surplus throughout the euro area financial crisis, and in 2012, Germany's nominal current account surplus was larger than that of China.
But they pointed to the smaller changes that were already taking place as evidence that euro area financial ministries see that they have little choice but to move together if they want to avoid a catastrophic breakdown.
The ECB has put its neck on the line trying to hold euro area financial markets together and peripheral yields down, and it can point to a headline inflation rate that's currently above target.
Mr. Rehn said Thursday that there was "a clear need to further strengthen the euro area financial firewalls," so that Europe was "fully equipped to overcome the current crisis and return to recovery".
Mr. Rehn spoke after the commission released recommendations calling on Europe to take more steps "towards full economic and monetary union, including a banking union; euro area financial supervision and euro-area wide deposit guarantees".
"I think it'd be like a double root canal," Pat O'Keefe, a Detroit-area financial consultant who has dealt with municipal turnarounds, said of the assignment.
"I just think it's a toothless tiger," said Pat O'Keefe, a Detroit-area financial consultant who has dealt with municipal turnarounds.
"Industrial properties have consistently provided safe, if not spectacular, returns, so for many investors it is a defensive play," said Andrew J. Merin, an executive vice president at Cushman & Wakefield who heads its metropolitan-area financial services group.
"This has made it unattractive for euro-area financial institutions to hold noneuro government bonds, thus contributing to their sell-off," said Zsolt Darvas, a visiting fellow at Breugel, an independent economics research group in Brussels.
He plans to offer local areas financial incentives to create new sites.
