Examples of using Structural deficit in English and their translations into Croatian
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However, the recalculated9 structural deficit would remain higher than the medium-term budgetary objective.
However, the recalculated10 structural balance still points to a structural deficit of 0.4% of GDP in 2018.
The medium-term objective- a structural deficit of 0.5% of GDP- is not reached by the end of the programme period.
According to the stability programme, the medium-term budgetary objective- a structural deficit of 0.5% of GDP- would be reached in 2019.
The medium-term objective- a structural deficit of 0.5% of GDP- continues to be met throughout the programme period.
According to the Convergence Programme, the government plans to meet the medium-term objective- a structural deficit of 0.5% of GDP- from 2016 onwards.
The medium-term budgetary objective- a structural deficit of 1% of GDP- continues to be met over the programme horizon.
However, the amount of the allowed temporary deviation is conditional on the respect of the minimum benchmark i.e. a structural deficit of 1.7% of GDP.
The medium-term budgetary objective- a structural deficit of 1% of GDP- is planned to be achieved as of 2017.
President Valcárcel also notes insufficient progress on EU own-resources andthat the budget agreed could led structural deficit.
The medium-term budgetary objective- a structural deficit of 0.5% of GDP- is planned to be reached in 2019.
Aimed at achieving stability, co-ordination and governance in the Economic and Monetary Union(EMU), the treaty provides that the national budgets must be balanced orin surplus and that the governments' structural deficits should not exceed 0.5% of GDP.
Finland's medium-term objective of a 0.5% of GDP structural deficit reflects the requirements of the Stability and Growth Pact.
However, in 2015, largely driven by expenditure measures taken in the aftermath of the terrorist attacks, and despite expenditure savings generated by the lower than expected oil prices, the structural deficit is expected to increase to 4.7% of GDP.
New provisions on annual nominal and structural deficit targets for the duration of the Excessive Deficit Procedure were introduced.
If that is the case, the cost of such one-off measures would not be taken into account for the computation of structural deficit under the Stability and Growth Pact.
The recalculated9 structural deficit points to a structural improvement of 0.6 pp of GDP in 2015-16; 0.9 pp of GDP in 2016-17, and 0.7 pp of GDP in 2017-18.
According to the Stability Programme, the medium-term objective- a structural deficit of 0.5% of GDP- would be reached as of 2017.
The intermediate nominal and structural deficit targets under the Excessive Deficit Procedure have enabled more precise and transparent policy advice and monitoring.
The government intends to remain at the medium-term budgetary objective- a structural deficit of 1% of GDP- throughout the programme period.
The EP President also said the EU was at risk of running up a structural deficit because of the growing gap between commitments made and the payment appropriations that are actually available:“With one hand you commission programmes and the other hand you take away the money for the same programmes. This must go wrong.”.
Taking into account the allowed deviation from the medium-term objective,the planned structural deficit is in line with the requirement of the Pact until 2016.
Insists that the focus on structural deficits since the 2005 reform of the SGP, together with the introduction of an expenditure rule with the 2011 reform as well as the concept of output gap which is difficult to quantify, create uncertainty, complexity and margins for flexibility and thus the discretionary implementation of the SGP;
The government plans to meet the medium-term objective- a structural deficit of 0.5% of GDP- throughout the programme period.
According to the statement, the general government budgets of the 17 countries using the euro as their national currency, should be"balanced or in surplus; this principle shall be deemed respected if, as a rule,the annual structural deficit does not exceed 0.5% of nominal GDP.
The programme confirms the medium-term objective set in the previous programme of a structural deficit of 1% of GDP, which reflects the requirements of the Stability and Growth Pact.
For countries like Bulgaria, whose public debt is well below the 60% of GDP mark set out in the Maastricht criteria, the structural deficit could be slightly higher, but should not exceed 1% of GDP.
The treaty also says that automatic correction mechanisms should be triggered if the structural deficit limit(or the adjustment path towards it) is breached, which would require Member States to set out in national law how and when they would rectify the breach over the course of future budgets.
Stresses, in this context,that the accumulated RALs have reached a critical level that might eventually lead the EU budget into structural deficit against the provisions of the Treaty(Articles 310 and 323 TFEU);
The government sets out its intention to meet the medium-term objective- a structural deficit of 1% of GDP- in 2018, but according to the recalculated structural balance7 it is expected to be met by 2016.