Sentence examples for sector agreement from inspiring English sources

General derogation clauses delegate particular issues to be decided at enterprise level under conditions specified in the sector agreement and with outcomes that can deviate from sectoral minima or standards.

These give the debtor the right to impose a restructuring on all creditors, including holdouts, once a certain majority of support for the private sector agreement.

"So this same group of farmers is five times more likely to violate the governmental policy than they are to violate the private sector agreement".

And as the number of such hedge funds holding Greek debt has grown, so has their ability to forestall a restructuring private sector agreement, thus bringing them closer to being able cash in on their risky tactic.

Aside from the default danger, Greece and Europe may well be able to insert provisions into a private sector agreement that would prevent "free riders" — as the holdouts are sometimes called — from receiving their bond payments at all.

But Cable, who lost his seat at the last election, said the only alternative to staying in the customs union would be a specific sector agreement for the automotive industry, which the EU would be unlikely to want to negotiate.

In the private sector, agreements to provide services are generally short, to keep providers on their toes.

In Greece, a 2010 law introduced scope for company agreements to derogate from the wage and working time provisions of sector agreements in cases of economic hardship.

In Norway, a one-off opening clause in most private sector agreements provided local negotiators with the option not to implement the sector increase agreed for 2009.

In Finland, several sector agreements in 2010 included a similar clause allowing individual companies to adjust the agreed wage increase to reflect their own financial circumstances.

In Slovakia sector agreements used to be fairly widespread, but their number and coverage have declined in recent years, with employers withdrawing from their organizations.