In favor of joining is the fact that the large eurozone will integrate the national financial markets, leading to higher efficiency in the allocation of capital in Europe. The Treasury's official assessment of its five economic tests acknowledged that EMU membership for the UK could enhance productivity by increasing trade flows between the UK and other EU nations; boost investment and stimulate competition in product markets. (Artis 2000) EMU may help

(Minford; Walters, 2004, p. 306) (xii) Competition to the U.S. dollar: In the likelihood of UK joining the EMU and adopting the single currency, the threat posed by the only international competitor to the U.S. dollar, the euro, would become real. Therefore, the U.S., at least would not encourage such a move and witness a downturn to its currency, the only true international currency. (Minford; Walters, 2004, p. 306) However,

Buildings will be required to obtain energy certification. At the current time, construction engineers are the most likely candidate for the job. This being the case, it is estimated that approximately 12,000 engineers will need to be retained to carry out these functions (Coverdale, 2002). As one can see, the EPBD will place a strain on the construction industry in terms of knowledge and the manpower needed to carry out

" (Information Society and Media, 2005) f. The eContent Programme and the eTen Programme The 100 million dollar eContent Programme (2001-2005) focuses on encouraging growth and development of tie European digital content industry. This programme funds projects with short time-to-market and as well experiments with new models in business and partnerships through use of technology that is presently available. The programme's stated 'main thrust' is to; Improve access to an expand the

EU Profile In 2012, the European Union (EU) was awarded the Nobel Peace Prize for its work in "the advancement of peace and reconciliation, democracy and human rights in Europe" for more than half a century (The Nobel Peace Prize for 2012). Lauded by the Norwegian Nobel Committee for its commitment to reconciling Germany and France in the post-war period, the EU joined such notable persons as Barack Obama, who was

There were many factors quoted for the reasons for this type of incompatibility, and they were the following: Article 2 of the Brussels Convention is in fact mandatory, and it can only be derogated from in the numerous ways and means that have been expressly provided for in the Convention. Similarly, there was no provision for the forum non-conveniens in Article 2 of the Convention, and this was despite the