Examples of using Excessive deficit exists in English and their translations into Finnish
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From an overall assessment it follows that an excessive deficit exists in Germany.
Should the EU Council decide that an excessive deficit exists in a certain Member State, the procedure provides for further steps to be taken, including sanctions.
The Commission will propose recommendations to the Council to put an end to situations where an excessive deficit exists.
When it decides, in accordance with Article 104c(6), that an excessive deficit exists, the Council shall at the same timemake recommendations to the Member State concerned in accordance with Article104c 7.
Whereas the Council has decided,in accordance with Article 104(6), that an excessive deficit exists in Germany.
Should the EU Council decide that an excessive deficit exists in a certain country, the excessive deficit procedure provides for further steps to be taken, including sanctions.
In addition, the ESM Treaty does not affect the competence of the Council of the EU to issue recommendations to a Member State in which an excessive deficit exists.
The Commission, taking fully into account the opinion referred to in paragraph 1 and if it considers that an excessive deficit exists, shall address an opinion and a recommendation to the Council for a decision.
Furthermore, the Commission recommends that the Council should, in accordance with Article 104(6) of the EC Treaty,adopt a decision to the effect that an excessive deficit exists.
If the Council has decided, on the basis of Article 104(6), that an excessive deficit exists in a Member State, the"other relevant factors" will also be considered in the subsequent procedural steps of Article 104.
On 8 July 2008 the Council decided, in accordance with Article 104(6)of the Treaty establishing the European Community that an excessive deficit exists in the United Kingdom.
If the Council decides, on the basis of a Commission proposal, that an excessive deficit exists and that the Member State concerned has not taken effective action, the payment will be suspended, effective from January 1st of the following year.
Statistical system opinion addressed to the Council on the basis of Article 104(5)of the EC Treaty, that an excessive deficit exists in Slovakia.
Simultaneously, the Commission will also propose to the Council to decide that an excessive deficit exists under Article 126(6) and recommend the Council under Article 126(7) to issue recommendations to correct the excessive deficit by a given deadline.
The European Commission, in an opinion on the budgetary situation prepared under the obligations of Article 104.5 of the Treaty and adopted today,concludes that an excessive deficit exists in Portugal.
Article 3 of Regulation(EC) No 1467/97 provides that the Council,if it considers that an excessive deficit exists, issues a recommendation for taking effective action and containing a deadline for correcting the excessive deficit and annual budgetary targets for the Member State.
The Council shall, on a proposal from the Commission, having considered any observations which the Member State concerned may wish to make andafter an overall assessment, decide whether an excessive deficit exists.
The Council when deciding, according to Article 104c( 6), whether an excessive deficit exists shall in its overall assessment take into account any observations made by the Member State concerned showing that an annual fall of real GDP of less than 2% is nevertheless exceptional in light of further supporting evidence, in particular on the abruptness of the downturn or on the accumulated loss of output relative to past trends.
Based on the evidence that the government deficit in France amounted to 3.1 per cent of GDP in 2002 and on a report from the Commission made in accordance with Article 104(3),the Council decided on 3 June that an excessive deficit exists in France.
Based on the evidence that the government deficit in France amounted to 3.1 per cent of GDP in 2002 and on a report from the Commission made in accordance with Article 104(3),the Council decided on 3 June that an excessive deficit exists in France.
The criterion on the government budgetary position referred to in Article III-198(1)(b) of the Constitution shall mean that at the time of the examination the MemberState concerned is not the subject of a European decision of the Council under Article III-184(6) of the Constitution that an excessive deficit exists.
But if you read Article 104 of the Treaty once again, you will see that, once the European Commission informs the Council that a certain country is, in its judgement, in a situation of excessive deficit, the Council has full powers, following an overall assessment- Article 104(6) of the Treaty- to decide‘‘whether an excessive deficit exists.
If the Commission considers that a Member State's deficit is excessive, it addresses an opinion to the Council which shall, under paragraph 6,"acting by a qualified majority on a recommendation from the Commission, and having considered any observations which the Member State concerned may wish to make,decide after an overall assessment whether an excessive deficit exists.
On the basis of the assess ment contained in its May 2004 report on the Czech Republic(drawn up in accordance with Article 104(3) of the EC Treaty), and having regard to the opinion delivered by the Economic and Financial Committee, the Commission con siders, in its opinion addressed to the Council on the basis of Article 104(5)of the EC Treaty, that an excessive deficit exists in the Czech Republic.
The Commission, taking into account the opinion of the EFC,adopted on 7 May 2003 an Opinion stating that an excessive deficit existed in France.
In 1995, the procedure was applied for the first time to the three new Member States(Austria, Finland and Sweden) andthe Council decided(-) that an excessive deficit existed in each of them.
The Council decided, on a recommendation from the Commission, that excessive deficits existed in France and in Germany.
By Council Decision 2003/487/EC, it was decided, in accordance with Article 104(6)of the Treaty, that an excessive deficit existed in France.
In the case of the Czech Republic, Cyprus, Hengary, Malta, Poland and Slovakia, after their accession to the EU,the Council decided that an excessive deficit existed in each of them, and consequently decided to issue recommendations under Article 104(7) of the Treaty.
On 5 November 2002, the Council decided that an excessive deficit existed in Portugal and issued a recommendation requesting Portugal to bring this situation to an end by 2003 at the latest.