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One positive impact could result from imposing some kind of conditionality on the distribution of aid.
"There would be some conditionality on the sale of Aegis," said another senior official involved in the decision.
And that economic heft has translated into political heft, helping Spain avoid any conditionality on the rescue loan already lined up for her banks.
Carsten Brzeski, senior economist at ING Belgium, says the plan ticks all the boxes: "The market would not differentiate between the ECB acting alone or the ECB acting as an agent for the EFSF". "It would give the impression that there's more firepower behind the ECB whilst ensuring the ECB's independence and impose some kind of conditionality on the Spanish government," says Mr Brzeski.
3. The conclusion in the abstract has been softened to reflect conditionality on the experimental conditions of your figure 1 dataset.
With these considerations in mind, it becomes clear that MT correlations may take many forms exhibiting various degrees of noise, time lags and conditionality on the studied response (see Fig. 1 for examples).
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"This arrangement could be seen as an unwarranted abuse of Fund seniority that, in addition, unfairly frees the ECB from the need to impose its own conditionality on one of its members".
After talking with some local women, I found out that they were made to pay exorbitant interest rates and subjected to other oppressive conditionalities on the tiny loans they were given with which to carry out their handicraft activities.
Madrid is wary of asking for help because of the potential loss of sovereignty (ie, the "conditionality" insisted on by the European Central Bank).
Many model predictive control (MPC) algorithms have been proposed in the literature depending on the conditionality of the system matrix and the choice of its cost-function.
To integrate available knowledge on functions, we can complement the description of a biological process with parameters such as substrate specificity, kinetics, conditionality of the process execution based on contextual information (pH, temperature, etc).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com