Budget cuts are never painless, but within a monetary union individual cuts can be excruciating.
"It does have a line of credit for the individual with the credit union should they require it, " she told the programme.
BBC: NEWS | Programmes | Moneybox | Bank current accounts challenge
Since NATO, the European Union, and individual European nations provide significant amounts of foreign assistance in countries where the United States also has aid programs, the Department of State, USAID, and other agencies shall seek to intensify cooperation with international partners to optimize program impact and to avoid duplication.
They then conspired with issuers of securities and individual stock brokers, to defraud union pension plans.
However, other union officials suggested that individual pilots may nonetheless choose to join the strikes.
But in a monetary union, where an individual country can no longer cut interest rates, nothing cushions the blow.
Which is why the economist Charles Goodhart has devised the useful concept of "subsidiary sovereign bonds", to describe the debt issued by any individual sovereign member of a currency union, such as Spain, Italy or Germany, and why he argues that subsidiary sovereign bonds are inferior to fully sovereign debt.
Mary Bousted, leader of the ATL teachers' union, questioned how an individual teachers' contribution could be fairly assessed.
And there was no money from the European Union (as opposed to individual member states), despite the hopes raised at the recent G8 meeting in Evian.
The groups say that because the bill would do away with the secret ballot voting that allows employees to choose a union, it would pressure individual workers to sign on.
When it goes into effect on Jan. 1, 1999, individual European countries that are in the currency union will no longer be able to conduct their own monetary policy.
Mrs Merkel told German television on Thursday that Europe needed "a political union first and foremost" and that individual countries must "cede responsibilities to Europe step-by-step".
BBC: Eurozone crisis: Cameron backs euro but opposes more integration - BBC News
The Consumers Union, which campaigns on behalf of individual customers, wants Congress to require food producers to use an electronic tracking system like the one Federal Express employs for parcels.
"I don't think much of dwelling for now on individual proposals for the final form of the European Union, who contradicted whom, " AP quoted Schroeder saying in an interview with the Badische Zeitung newspaper this week.
If western Europeans are to counter Russian aggressiveness over energy, they must present a united front: for example, by making clear that, should the Russians ever threaten to cut off energy supplies to individual countries, including former parts of the Soviet Union that are not yet in the European Union, their western friends will step in to help.
ECONOMIST: Russia and the West: In search of a Putin policy | The
Of course, politicians are never far away from banking related matters and German Chancellor Angela Merkel said yesterday that the European Union will disclose the test results showing how individual banks would hold up to economic and market shocks, on July 23rd both in the aggregate and individual level.
Einstein once observed that Westerners have a feeling the individual loses his freedom if he joins, say, a union or any group.
With that, NFL players could file claims in antitrust court as individual plaintiffs, something they cannot do while represented by a union.
He knew the game from playing on the street, at rec centers and even on an Amateur Athletic Union travel team, but that was all about individual play.
CNN: Ex-NBA star coaches middle school, transforms his 'hood
Moving to last week, economically depressed and unionized Michigan adopted a right-to-work law that will give the individual the freedom to not pay dues and not join a union in a unionized workplace.
But it is obviously a sovereign issue for the individual nations of Europe and a broadly sovereign issue for the European Union, the eurozone, and it is for them to resolve that.
Their first task would be to persuade the West - the European Union, the Council of Europe, Nato, and individual Western governments - that they are serious about promoting a more democratic political culture.
This ruling lifted limits on corporate and union spending in elections, equating their speech rights to any individual's.
MSN: U.S. court says tax-exempt groups can keep donors secret
This same message, by the way, has been delivered by the European Union, the Arab League, the African Union, the Organization of the Islamic Conference, and many individual nations.
Europe's patent system is also in a mess in another regard: the quilt of national patent offices and languages means that the cost of obtaining a patent for the entire European Union is too high, a burden in particular on smaller firms and individual inventors.
While most countries prohibit the use of handheld phones when driving (including Canada, Australia and nearly every country in the European Union), US laws around mobile phone use are left up to individual states, resulting in a confusing patchwork for visitors from other countries.
Union officials claim potential buyers of remaining sites may make redundancies based on an individual's disability.
The European Union, which has so far stuck closely to UN-designated sanctions (though individual members such as Britain have gone further, especially with financial measures), is reported to be considering harsh new proposals.
Elsewhere, an editorial in Spain's El Pais agrees that the prize represents "moral support and encouragement to overcome individual nations' reservations, which impede decisive progress" towards greater integration, including "naturally, political union".
BBC: EU's Nobel Peace Prize: Europe's press has mixed response
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