Examples of using Medium-term objective in English and their translations into Danish
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Specifically, a medium-term objective of gross domestic product growth(GDP) is introduced.
As I see it,it does not complete its task of showing the Council what the medium-term objective should be.
As you know, our medium-term objective is that the three institutions should work together.
I believe that thedeadline of five months, to address the deviation from the adjustment path towards the medium-term objective, is sufficient.
We agree with this idea and our medium-term objective is for the Kosovo budget to be able to fund itself.
The Governing Council will continue to keep inflation expectations firmly anchored in line with its medium-term objective of inflation rates below, but close to, 2.
Our medium-term objective is to propose a legislative instrument in this area, following the public debate.
The Stability and Growth Pact also requires as a medium-term objective a budgetary position that is close to balance or in surplus.
Firstly, in point 26, this year's report encourages the European Commission to explore the advantages of establishing independent national bodies in charge of determining the annual level of deficit consistently with the medium-term objective of a balanced budget.
As a result, all euro area countries should achieve their medium-term objective of sound budgetary positions as soon as possible and by 2010 at the latest.
It will not have escaped you that, on this point, the informal Eurogroup that was held in Berlin on 20 April took a decision that involves a commitment being made,since we said that all the Member States should meet the medium-term objective in 2008 and 2009.
It is insufficient to ensure that the Stability andGrowth Pact's medium-term objective of budgetary position close to balance is achieved by 2009/10.
Whereas, therefore, provision should be made for a transitional phase, beginning on 1 January 1993 and lasting for a limited period, during which provisions intended to facilitate transition to the definitive system for the taxation of trade between Member States,which continues to be the medium-term objective, will be implemented;
It is also insufficient to ensure that the Stability andGrowth Pact's medium-term objective of a budgetary position of close to balance is achieved by the end of the programme period.
In view of this risk assessment, the risks to the budgetary targets appear to be broadly balanced and the budgetary stance in the programmeseems sufficient to adhere to the Stability and Growth Pact's medium-term objective of a budgetary position of close-to-balance or in surplus.
Hence the huge importance that we accord to achieving the medium-term objective quickly, something that requires Member States of the eurozone to redouble their efforts in order to achieve their medium-term objective in time.
In view of this risk assessment, the budgetary stance in the programme is insufficient to achieve the close to balance or surplus medium-term objective of the Stability and Growth Pact within the programme period.
It is also insufficient to ensure that the Stability andGrowth Pact's medium-term objective of a budgetary position of close to balance is achieved within the programme horizon, in spite of a reduction in the underlying deficit from 2005 to 2009 of around 4 percentage points of GDP.
Considering the balance of risks, the budgetary stance in the programme seems adequate to maintain the Stability and Growth Pact's medium-term objective of a position of close-to-balance over the entire programme period 2004-2008.
Looking further ahead,current fiscal deficit ratios exceed the medium-term objective of the Stability and Growth Pact, effective from 1999 onwards, of having a budgetary position that is close to balance or in surplus, thus pointing to a need for further substantial consolidation.
In order to re-establish the margins of budgetary manoeuvre in the Member States,this Pact invites Member States, and I quote:' to respect the medium-term objective of a budget which is close to being balanced or in surplus.
It will continue to keep inflation expectations firmly anchored in line with its medium-term objective. In so doing, the Governing Council supports sustainable growth and employment and contributes to financial stability.
We will be as strict and tenacious in analysing the results of the other countries, which may not perhaps manage, under the conditions set, to meet the objective at the desired time, butEurogroup expects all the Member States of Eurogroup to meet their medium-term objective in 2010, at the latest.
The Governing Council will continue to keep inflation expectations firmly anchored in line with its medium-term objective in order to support sustainable growth and employment and contribute to financial stability.
We approve heartily of the set of reforms under way, because they are structural reforms sought by the French Government and by the French President, but we would emphasise that which we expect and demand from France: like the other MemberStates of the eurozone, it must meet the medium-term objective that we have set ourselves on 1 January 2010.
If fiscal balances turn out as projected in the Updated GreekConvergence Programme for 19992002, Greece would comply with the medium-term objective of the Stability and Growth Pact of having a budgetary position that is close to balance or in surplus, according to the assessment undertaken by the European Commission, and as confirmed by the ECOFIN Council.
In view of this risk assessment, the budgetary stance in the programme does not seem to provide a sufficient safety margin against breaching the 3% deficit threshold with normal macroeconomic fluctuations before 2007; nor is it sufficient to ensure that the Stability andGrowth Pact's medium-term objective of a budgetary position of close to balance is achieved within the programme period.
However, it does not plan to reduce the deficit below 3% of GDP before 2008, andthe planned expenditure restraint will be insufficient to achieve the medium-term objective of the Stability and Growth Pact of a budgetary position of close to balance by the end of the programme period.
In view of this risk assessment, the budgetary stance in the programme does not seem to provide a sufficient safety margin against breaching the 3% deficit threshold with normal macroeconomic fluctuations before 2008; nor is sufficient to ensure that the Stability andGrowth Pact's medium-term objective of a budgetary position of close to balance is achieved within the programme period.
In view of this risk assessment, the budgetary stance in the programme is sufficient to maintain the Stability and Growth Pact's medium-term objective of a position of close-to-balance throughout the programme period with a temporary deviation in 2004 related to the one-off accounting adjustments.