But it will, at best, be a work in progress: short on technical details and with new proposals—such as tapping the European Financial Stability Facility EFSFF) to provide partial guarantees for sovereign bond issues closer to the drawing board than the launch pad.That means short-term responsibility for stemming the crisis will lie largely with the ECB.
How do you make the average person on the street listen up and confront the 'abstract' threat of climate change when in everyday life people are juggling a myriad of short term responsibilities, decisions and stresses?
Government officials in Iceland said that they expected the process to take more than a year but added that they had enough central bank reserves to cover the country's short-term financial responsibilities.
The operation is seen as being short-term, with responsibility handed back to UN peacekeeping forces once order is restored and the immediate emergency over, Mr Bush promised.
"For the sake of short-term financial responsibility and long-term organizational stability we must act".
It is balanced in the sense that – unlike the Republican version, which is a radical bet on austerity and the mercies of the ungoverned marketplace – it harmonizes short-term needs and long-term responsibilities.
It was too easy for traders to cash in on short-term gains and skirt responsibility for any time-bombs they had set ticking.Asymmetries wreaked havoc in the vast over-the-counter derivatives market, too, where even large dealing firms lacked the information to determine the consequences of others failing.
Dedicated trainers were initially recruited for the project only on a short-term basis, thus the responsibility for training new CHWs fell to the supervisors in the later phase of the project.
He also quoted off the record briefings from international regulators expressing "shock and dismay that Ireland had abdicated its responsibilities for short-term advantage".
It was the bipartisan conviction that power comes with responsibility, and that responsibility must defy short-term self-interest or the domestic fixation of the day.
Most significant, there is no escaping the fact that shifting energy consumption involves short-term costs few politicians want responsibility for with unemployment at 9.1 percent.
