We small states risk being sidelined, complained Finland.
Weak states risk finding themselves in the same position as Cyprus: tempted to ignore the problem if they can, forced to take on more debt or impose deep losses on creditors if they cannot.Imposing losses on the creditors of bust banks is the right thing to do.
Regardless of the final outcome, opponents of gay marriage will crow that just by coming so close to unseating two established, well-financed incumbents, they have demonstrated that Republican officeholders in other states risk their jobs if they support gay marriage.
Therefore, it is likely that states risk far larger losses in future benefits from lower standards than they can expect to save through reduced costs (Barnett & Masse, 2007).
The prevailing controversies on the potential environmental risks of genetically modified organisms [GMOs] still fuel ongoing discussions among European Union [EU] member states, risk assessors, applicants and scientists, even several years after the commercial introduction of GMOs.
The recent debt crisis in Europe highlighted the importance of institutional design and, in particular, bail-out clauses in determining States' risk premia in fiscal or quasi-fiscal federations.
