You could get this sort of agreement on a UK level, but the European system is too blunt.
The European system also does not require device manufacturers to get permission before marketing a device.
Once the ESFS (European System of Financial Supervisors) comes in, they will buy it.
The ECB will co-ordinate a network of national central banks, the European System of Central Banks.
Post-grant review is yet another reason why the European system does not work for small companies.
Talk by Russian President Vladimir Putin, for example, of an alternative European system is simply that - talk.
"The European system to which the government has tied Australia's electricity prices is now deeply unstable, " Mr Hunt said.
The Bundesbank, once renowned defender of the mighty Deutschmark, is today just a cog in the European system of central banks.
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It also seemed that KIRK, which provided wireless voice networks based on the European system, DECT, would find growth in the U.S., since that particular technology is less expensive to deploy for small- and medium-sized businesses.
The European system goes further too.
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This is a business method that may change (T-Mobile USA are looking to switch to a more European system during 2012) but for the moment the mechanics of the monthly plan put more power in the hands of the networks than they do in the hands of the consumer.
This due to the pressure of the threat that it was mandatory that they strengthen the European banking system and support the weaker economies of other European countries to avoid a complete meltdown.
At the same time, the European banking system would have to be recapitalized and put under European, as distinct from national, supervision.
The only significant decline in the demand for oil and other commodities will come from Europe as we begin to see the European banking system implode due to exorbitant leverage and the ineptness of the European Central Bank and the IMF to solve the crisis.
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Anything that stops short of cleansing the European banking system will not be enough.
At least we should be thankful for small mercies: the European banking system is still standing.
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The big question hanging over the markets is the stability of the European banking system .
At which point they go bust and much of the European banking system fails with them.
We could be back in the territory of paralysis of the European financial system.
In Mr Fichtner's view some banks might fail, but it would not put at risk the European banking system.
That is a body blow that the European banking system could not endure.
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They could also challenge some of the underpinnings of the current European tax system as it is used by businesses.
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That could get interesting if the European banking system does that thing it might do unless Germany and France play nice.
First, thanks to the ECB, there's a lot more money sloshing around the European financial system than there was a few months ago.
The U.S. dollar index traded lower Thursday, in part due to the news of the central banks injecting greenbacks into the European financial system.
After all the European banking system does not need a hard dose of reality right now, and no one makes fudge like the Europeans.
It has also moved to a centralised European buying system, meaning that it would have a "product offer that did not meet UK customers' needs".
So Greece is no longer the front line of a global financial crisis: Spain - indeed the entire European banking system - is the front line.
The Cyprus presidency also aims to launch a Common European Asylum System by the end of this year and foster a deepening of the EU Single Market.
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