The larger the positive (negative) output gap, the greater (lower) the required adjustment effort.

K. whereas limited progress has been made with regard to women’s employment rates and the level of occupational and sectorial segregation of women and men into different types of jobs remains relatively high, with some vocational categories being mainly occupied by women and those sectors and occupations tending to be less well-paid or valued, despite the existing framework at EU and national level; whereas this situation also has an impact on the gender pay gap over the course of a lifetime; whereas vertical segregation, whereby women feature predominantly in part-time work and lower-paid occupations or are in lower-level positions i ...[+++]n the hierarchy, also contributes to the gender pay gap; whereas horizontal and vertical segregation form obstacles to the professional development of women and result in lower levels of visibility and representation for women in the social and public spheres, and as such contribute more broadly to greater inequalities, and whereas overcoming them and having more women enter into higher positions in organisational hierarchies would provide positive role models for young women and girls;

Commercial banks, whether they are private banks, saving banks or cooperative banks, will remain a primary source of finance in most countries but we need alternatives to close the funding gap and to complement the traditional intermediation process by banks.

19. Agrees with the Commission that the disparities in growth and inflation rates within the euro area, with differences of up to 4,5 % in growth and up to 2,7 % in inflation in 2005, is increasingly due to structural reasons; regrets that dispersion in inflation rates among Member States with higher inflation rates has a negative effect on the competitiveness and monetary stability of the euro area as a whole; notes that these differences are sometimes part of a positive process of convergence in revenues and price level, due to the "catch up" process; calls once more ...[+++] on Member States of the euro area to strengthen their efforts towards effective coordination of economic and monetary policies notably through the reinforcement of their common strategies within the Eurogroup, in order to improve the real convergence of economies and to limit the risks of asymmetric shock in the EMU;

K. whereas limited progress has been made with regard to women’s employment rates and the level of occupational and sectorial segregation of women and men into different types of jobs remains relatively high, with some vocational categories being mainly occupied by women and those sectors and occupations tending to be less well-paid or valued, despite the existing framework at EU and national level; whereas this situation also has an impact on the gender pay gap over the course of a lifetime; whereas vertical segregation, whereby women feature predominantly in part-time work and lower-paid occupations or are in lower-level positions in ...[+++] the hierarchy, also contributes to the gender pay gap; whereas horizontal and vertical segregation form obstacles to the professional development of women and result in lower levels of visibility and representation for women in the social and public spheres, and as such contribute more broadly to greater inequalities, and whereas overcoming them and having more women enter into higher positions in organisational hierarchies would provide positive role models for young women and girls;

76. Notes that the procedure provided for in Article 22 of the Staff Regulations has been initiated with a view to defining responsibilities in connection with the discrepancy of BEF 4 136 125 between the cash situation and the corresponding accounts in 1982 ; notes that the Disciplinary Board first met on 17 March 2003 and has now concluded its work, and instructs its Secretary-General to keep the competent committee informed of all further developments;