On Thursday, Mario Draghi, the president of the E.C.B., made a veiled suggestion that the bank might buy more bonds if nations in the euro zone could agree to establish a "fiscal compact" that set credible rules and enforcement mechanisms to ensure that budget deficits are pared.
Heffernan found the recanting witnesses "credible," and ruled against Borukhova.
Governments need to bind themselves to credible fiscal rules that provide incentives for good behaviour.
Police have described the witness as highly credible and ruled out financial gain as a reason for her coming forward.
BEHIND THE NEWS After hearing testimony by telephone from Mr. Muse's father in Somalia that he was 15, the judge said the statement was not credible and ruled that Mr. Muse be tried as an adult in open court.
He added that it was impossible to have a strong euro without a credible set of rules for the governments of member countries.
Applicants will have to email the IAAF's general secretary, in English, and provide documentary evidence to prove they have clean anti-doping records that can be verified by credible agencies, which rules out athletes who can only point to negative tests from the Kenyan or Russian authorities.
These peptides (6 out of 25 Fusion peptides and 2 out of 6 Splicing peptides) may not be fully credible and were ruled out from the following analysis (Additional File 4).
Just as an inflation target is important, but does not by itself make central bankers credible, so a fiscal rule is a start, not a cure-all.Hence the importance of the other approach: appointing independent budget monitors.
