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Its plan envisages approval of $260 billion of claims, a mere quarter of the total filed.
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The best thing about the pact is not its let-out clauses, but the fact that the fines it envisages are not automatic: they require majority approval among euro members, and they are not paid for at least two years.
Many stakeholders also envisaged having a role in implementation following approval of the recommendations.
President George W. Bush initiated a strategic alignment with India and gained Congressional approval for a U.S.-Indian agreement envisaging the sale of American fuel and technology for India's non-military reactors.
For the past nine months, he has worked on an extraordinary project – a film that Woo began and that he has now completed, with a far different ending than she would have envisaged, but one that, he says, would have won her approval.
During the mid- to late nineteen-forties, when Orwell was writing his two most famous books, he remained faithful to an ideal English revolution, while losing faith in actual socialism, because, for all his powers of political prophecy, and his general approval of what the Labour Party stood for, he could not envisage a realistic English postwar future.
With the money it raises, the fund could set up an endowment and live off the income, envisaged at $195m a year in real terms.The fund cannot sell its gold without a vote of approval from an 85% majority of its board.
It envisages a centralised state.
The government itself envisages similar positions.
He envisages more to come.
"Peer approval!
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com