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Because buying another company is usually safer, Wall Street so far has applauded consolidation efforts.
"Tremonti is well regarded because he was behind Italy's recent fiscal consolidation efforts".
But cut we must, says the O.E.C.D., because inadequate consolidation efforts "would risk adverse reactions in financial markets".
American steel industry officials said their multibillion-dollar consolidation efforts would be jeopardized if the president lifted the tariffs before the full three years of the program.
5.44pm BST Here's the troika's report on Portugal following the move to ease its budget deficit targets, including the "additional consolidation efforts" necessary to meet the new goals.
In 2012 the International Monetary Fund examined six case studies over the last century of fiscal consolidation efforts when debt topped 100% of GDP.
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Charlie Grymes, project manager for Recreation One-Stop, the federal agency in charge of the consolidation effort, says: "We're still consolidating information for all our different sites.
To help with this consolidation effort, we're moving some of our services into the cloud.
The consolidation effort, meanwhile, should bolster their financial prospects by reducing competition.
The decision came even as Moody's acknowledged that Greece has made "significant" progress in its large fiscal consolidation effort.
"The extraordinary consolidation effort that Greece has undertaken is often overlooked in the public debate," he said.
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