Translation of "pro analysi " (English → French) :

28. Agrees that the ECB’s action, which came in addition to structural reforms and the consolidation of public finances, has ‘decisively contributed to the stability of the euro area’; recognises that this action has had the effect of decreasing unsustainably high financing costs for some Member States through the Securities Market Programme (SMP) and providing a liquidity backstop for sovereign debt markets through Outright Monetary Transactions (OMTs), averting a melt-down of the banking sector and helping to sever the link between banks and sovereigns, limiting speculation on sovereign debt and temporarily reducing excessive spreads; considers, however, that a lack of sustainable growth and high (and still growing) levels of private an ...[+++]d public debt in many Member States mean that ’a carefully managed process of deleveraging’ is required; agrees with the Commission that the improvement of the health of the banking sector must remain a priority; welcomes the establishment by the Commission, according to thecommitment it made to Parliament in the declaration annexed to the two-pack, of the high-level group chaired by Gertrude Tumpel-Gugerell to deepen the analysis on, and assess thoroughly the partial substitution of national debt issuance through joint issuance in the form of a redemption fund and eurobills, considering the pros and cons of the different options ; looks forward to the report of the high-level group;

The analysis made by our Commission and the Basel Committee shows that the new regulations will strengthen financial stability, limit pro-cyclicality and lead to significant economic and social benefits for a wide range of stakeholders, thanks to the expected reduction in the frequency of banking crises and the risks they entail.

On the PROs, we go through a PRO analysis every month with the object of reflecting the market as well as we can at the time, taking into account sales, exchange rates, what the competition is doing, what world weather conditions are, etc.

4. Consequently stresses the urgent need for the practical transposition of this concept of the security environment within the existing structures of the Union, so as to enable the Union to detect crises sufficiently far in advance to act in a pro-active manner; in that connection, recommends greater efforts to establish an early-warning system for threats using innovative technologies from the civilian IT sector to carry out news analysis and assessment; expresses its view in this regard that the establishment of "tension detectio ...[+++]n centres" in regions particularly susceptible to crises, centres which may be set up under the auspices both of the future European External Action Service and of services outside the European Union, such as those of the African Union, would be one of many sensible ways of identifying, reporting on and helping to eradicate the roots of conflicts and thus preventing any violent escalations; stresses further in this regard the importance which it attaches to the integration of conflict prevention and the fight against terrorism as components within all EU policy areas;

15. Emphasises that when examining whether conduct restricts competition, the focus should be on the harm caused to competition, not to the competitors; considers that efficiency and other pro-competitive elements should be taken into account and weighed against the anti-competitive elements of the same transaction; takes the view that competition cases should be based on economic analysis, as the goal of competition policy is to promote economic efficiency;

You said, minister, that you had done an analysis of the pros and cons of foundations; is that analysis available?