margin for adverse deviations

unfavorable variance [ unfavourable variance ]

unfavourable variance | unfavorable variance

unfavorable variance | unfavourable variance | adverse variance

margin | spread

cost-price squeeze

bid-offered spread

The output gap thresholds set at -3 % and -4 % are supported by past data: since the 1980s, output gaps in EU countries have been below -4 % in only one year out of twenty, while they reached -3 % in one year out of ten, hence these two values are truly indicating very bad and exceptionally bad times.

‘marginally compliant aircraft’ means aircraft which are certified in accordance with limits laid down in Volume 1, Part II, Chapter 3 of Annex 16 to the Convention on International Civil Aviation signed on 7 December 1944 (the Chicago Convention) by a cumulative margin of less than 8 EPNdB (Effective Perceived Noise in Decibels) during a transitional period ending on 14 June 2020, and by a cumulative margin of less than 10 EPNdB following the end of that transitional period, whereby the cumulative margin is the figure expressed in EPNdB obtained by adding the individual margins (i.e. the differences between the certificated noise level and the maximum permitted noise level) at ...[+++]each of the three reference noise measurement points defined in Volume 1, Part II, Chapter 3 of Annex 16 to the Chicago Convention.

11. Warns that, if not remedied, these huge divergences, especially in the case of the younger generation, may in the long run result in structural damage to the labour market of the four countries, limit their capacity for recovery, provoke involuntary migration that further exacerbates the effects of an ongoing brain-drain, and increase the persistent divergences between Member States supplying employment and those supplying a low-cost workforce; regrets that negative social and economic developments are amongst the main motivations for young people to migrate and to exercise their right to freedom of movement;

11. Warns that, if not remedied, these huge divergences, especially in the case of the younger generation, may in the long run result in structural damage to the labour market of the four countries, limit their capacity for recovery, provoke involuntary migration that further exacerbates the effects of an ongoing brain-drain, and increase the persistent divergences between Member States supplying employment and those supplying a low-cost workforce; regrets that negative social and economic developments are amongst the main motivations for young people to migrate and to exercise their right to freedom of movement;