She said only 40% of planned "value for money" savings made in the last comprehensive spending review were made .
It is not hard to see demand growth being dragged down at the start of next year by a planned rise in value-added tax in Germany and budgetary tightening in Italy.
Business areas not consistent with the new strategy are planned to be divested or managed for value.
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Crucially, Mr Kloppers gets to extract much of the value he saw in his planned merger, but without the risk of increased debt.
And the planned introduction, this April, of a nationwide value-added tax levied by India's state governments is, if China's experience in the 1990s is a guide, another hopeful measure.
Regulators also need to bear in mind that one of the central assumptions of the fair-value regime has not worked out quite as planned.
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At the very least, it has diminished the value of any similar feature that Apple may have planned for its rumored television.
Transport Minister Stephen Hammond said the Department for Transport remained committed to the use of private finance in transport projects "where it provides value for money and fits with our timetables for planned investment".
If all works as planned, at the death of the survivor of them the couple passes property of a value at least equal to twice the unified credit to the next generation free of Federal estate tax.
In a wide-ranging talk with Kaskade last week, I got the impression that this could also be the planned exit for Infochimps and the main reason for putting Kaskade in charge of communicating the value of what Infochimps offers to Fortune 1000 enterprises and its unique position in the rapidly evolving big data landscape.
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