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But French milk production is well below the ceiling set by the quotas, thanks to national rules that hobble production in dairy-friendly spots like Normandy, while helping pretty but unproductive regions such as the Alps.
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The commission said Thursday that it would recommend specific steps next week to bring Germany's deficit to below 3percentt of gross domestic product, the ceiling set by the treaty that created the monetary union.
These are needed to keep France's budget deficit for 1997 below the 3% ceiling set by the Maastricht treaty.Whatever the reasoning, the decision backfired with the election of a Socialist government and, worse, one that will include members of a Communist Party vehemently opposed to the single currency.
Prices in the zone rose at an annualised 0.4% in October, far below the 2% ceiling set by the European Central Bank (ECB .In this section The sputtering engine A commonsense victory Opposing Orban Sarko Redux A three-cornered hat Buying their way in Cold comfort ReprintsSuch demands are echoed by some at home.
This week, the Socialist government of Prime Minister José Sócrates scrambled to reassure markets and its domestic constituency that it had what it took to bring its deficit — which reached 9.3 percent of gross domestic product last year — below the 3 percent ceiling set by the European monetary union by 2013.
The government wants to find a net €35 billion ($41 billion) of cuts a year, not only to push the deficit below the ceiling of 3% of GDP set by the European Union's stability and growth pact, but also to deliver a "constitutional" budget (Germany's basic law says that new borrowing cannot exceed investment).
In our laboratory, ten cameras set below the ceiling capture vehicles states; then each image are processed by host computer and vehicles are controlled.
The ceiling was set far below the actual economic value of the game's superstars, and the gap between the maximum contract and the market value of elite players has only grown since then.
Both New Democracy and Pasok say they will try to convince Brussels to give Greece more time to bring its deficit below the ceiling of 3percentt of gross domestic product set by the European Commission.
This year, the ceiling was set at 70,000 refugees.
In Switzerland, the ceiling is set at nine sessions, corresponding to the median number of sessions.
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