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A third element of fiscal union is needed to bind not just the euro area but the EU's entire single market: a shared fund for cross-border bank bail-outs.
The decentralisation of budget management is another element of fiscal reform.
The element of fiscal reform that emphasises outputs and outcomes of government services informs the development of performance management.
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Leftovers from yesterday's supper are often a crucial element of today's lunch.
What it lacked was any pizazz, any zingy connection to fashion as entertainment, an essential element of today.
Perhaps the most poignant element of today's procession through Manger Square was the leftover millennial posters of Mr. Arafat carried by many.
Labor is already on the "war path", apparently, over an element of this week's federal budget while the government has prepared itself a massive "war chest".
One troubling element of last July's peace agreement was a broad amnesty granted to rebel fighters for crimes committed during the war.
Winslet is no stranger to partnering with dubious national celebrations: her melodrama Labor Day was a key element of last year's National Pie Day.
Choate's Control Struggles Randy Choate's control problems were just one element of today's bizarre game, but they drew much attention from the Fenway fans.
Equally graphic, the sneakers came in black and white, while stack-heeled Oxfords with strapped uppers and rubber soles offered another crucial element of winter wear.
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Justyna Jupowicz-Kozak
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