Nevertheless, this option produces substantially better results than the baseline and also than Option 2 in relation to change FMSY.

– Produce a feasibility assessment within one year (dealing with its nature, risks and advantages) in order to establish in the long run a system under which Member States may participate in the issuance of common European bonds. The assessment should spell out different the legal alternatives and objectives, such as financing long-term European infrastructure and strategic projects by project bonds. The strengths and weaknesses of all options need to be analysed,, taking into account possible moral hazard implications for participating members,

The best development option by far is to sign EPAs on time.

The EEA writes: "Achieving these targets will require monitoring, information, assessments and understanding of: the causal relationships between human activities, the pressures they produce and the impacts of these pressures on the environment in general and biodiversity in particular; the options for actions to reduce and prevent biodiversity loss; and the effects and effectiveness of agreed actions on biodiversity".

Stock-index futures, the delta-weighted equivalents of options in stock-index futures and stock indices collectively referred to hereafter as ‘stock-index futures’, may be broken down into positions in each of their constituent equities. These positions may be treated as underlying positions in the equities in question, and may, subject to the approval of the competent authorities, be netted against opposite positions in the underlying equities themselves.

This might be common sense, but it is also a choice in terms of development strategies.