And while Mr. Osborne says the BOE will decide whether the program is extended after three years, the pressure to keep it going to avoid future house-price falls is sure to be intense.

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In other words, CITOs may avoid taking the lead on enterprise architecture because it can lead to intense negative reactions.

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Rajoy, in order to avoid losing face with his constituency that is already suffering the slings and arrows of an intense economic crisis, developed a budget that took into account recommendations from European authorities and further austerity.

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