Page modified: Friday, June 23, 2006 20:29:03
Moratorium designation generally the agreement to postpone or provisionally omit a certain thing. The term comes from latin and means as much as delay, delay (Latin morari: "retard, postpone"). It designates
- with contentious projects (building of airports, river straightening etc.) a from both sides carried delay and usually using a commission, in order to find compromises, so that the contractors are content;
- in the international financial policy, strongly were to blame for the regulation countries, which are in state of war, the crisis or disaster to grant their debts;
- in the sociological personal record research and in the development and social psychology as "psychosocial moratorium" the delay before the final step in the life of an adult, whom the youth phase offers;
- in the economy it designates a Zahlungseinstellung: Moratorium (economics)
Important moratoriums
- As consequence of the Iraq war at the beginning of was debated 2005 in Paris club a debt moratorium for the Iraq. The club decided also a debt moratorium in favor of the asiatic countries concerned by the tide disaster in December 2004.
- At the end of of 2004 ran off a price moratorium in Germany between Pharmaindustrie and health insurance companies, which regulate the increase of the medicine prices, and/or for two years a price increase to avoid should.
- In Germany kind regulated 233 "§ 2a EGBGB as moratorium one to end of 1994 limited possession protection at cultivated properties in the entry area.
- In the European Union a moratorium applied over the research of genetically changed organisms up to the year 2003.
- The international whale-catching commission IWC implements the whale-catching moratorium.
- The governor of the US Federal State Illinois George Ryan decided a suspending of the enforcement of the death penalty on 31 January 2000 for its Federal State.
- On 1 October 2000 the further investigation than ultimate waste disposal of the salt plug Gorleben for one period, planned for atomic remainder garbage, was stopped from at least 3 to 10 years by a moratorium between Federal Ministry of Environment and operator company.