Examples of using Cyclically-adjusted deficit in English and their translations into German
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Cyclically-adjusted deficit% du PIB.
The average yearly reduction in the cyclically-adjusted deficit would be larger in the favourable scenario.
Cyclically-adjusted deficit% of GDP.
The Council notes that according to Commission forecasts, the cyclically-adjusted deficit improved by 0.6 percent of GDP in 2002, largely due to one-off measures.
The cyclically-adjusted deficit, which is surrounded by an unusual margin of uncertainty in the Irish case, remains below 1% of GDP in each year.
Cyclical conditions were favourable as strong growthenabled the actual deficit to fall faster than the cyclically-adjusted deficit up to 1995 see Graph 4.10.
Actual and cyclically-adjusted deficit percentage of CDP.
The budgetary targets, if respected,entail a further improvement in the underlying budgetary position from a cyclically-adjusted deficit of 0.5% of GDP in 2001 to a balanced position in 2004.
Actual and cyclically-adjusted deficit percentage of GDP.
In cyclically-adjusted terms, based on Commission calculationsaccording to the commonly agreed methodology, in 2004 the cyclically-adjusted deficit remains unchanged at 1.7% of GDP.
Actual and cyclically-adjusted deficit percentage of GDP.
As cyclical conditions continued toexert an adverse impact on the government budget, the cyclically-adjusted deficit remained below the actual deficit and fell further to a low level see Graph 4.3.
Indeed, the cyclically-adjusted deficit is estimated by the Commission services to have increased from about 2% of GDP in 2001 to 2.7% of GDP in 2002.
On 25 November 2003, the Council did not adopt the two Commission recommendations but adopted instead a set of conclusions endorsing, inter alia,the commitments made by France to reduce the cyclically-adjusted deficit by 0.8 per cent of GDP in 2004, and by 0.6 per cent of GDP or a larger amount in 2005 so as to ensure that the general government deficit would be brought below 3 per cent of GDP in 2005.
The cyclically-adjusted deficit follows the pattern of the nominal figures, due to the discretionary nature of the factors influencing the fiscal result, and improves by the required½ percentage point to 0.5% of GDP only as late as in 2007.
Secure that the government deficit is further reduced in 2003 as planned, and that the cyclically-adjusted deficit is thereafter lowered by at least 0.5% of GDP a year in order to reach a budget position that is close to balance(GL 1);
Implement measures ensuring that the cyclically-adjusted deficit is reduced in 2004 by 0.5 per cent of GDP, or by a larger amount, so as to ensure that the cumulative improvement in 2003-2004 is enough to bring the nominal deficit below 3 per cent in 2004 at the latest(recommendation 2); and.
On 25 November 2003, the Council did not adopt the two Commission recommendations but adopted instead a set of conclusions endorsing, inter alia,the commitments made by Germany to reduce the cyclically-adjusted deficit by 0.6 per cent of GDP in 2004, and by 0.5 per cent of GDP or a larger amount in 2005 so as to ensure that the general government deficit would be brought below 3 per cent of GDP in 2005.
The improvement in the cyclically-adjusted deficit for 2006 and 2007 appears to be rather less than half a percentage point annually.
According to Commission calculations based on the Italian programme update, the cyclically-adjusted deficit will remain at 0.9% of GDP in 2003, still not complying with the requirement of the Stability and Growth Pact to achieve a budget position close to balance or in surplus.
Specifically, it is recommended to reduce the cyclically-adjusted deficit by one percentage point of GDP in 2004, which implies additional deficit reduction measures of around 0.4% of GDP.
The Council took note of the commitments made byGermany on 25 November 2003 to reduce the cyclically-adjusted deficit by 0.6 per cent in 2004 and at least 0.5 per cent of GDP in 2005 to ensure that the general government deficit is brought below 3 per cent of GDP in 2005.
The Council took note of the commitments made byFrance on 25 November 2003 to reduce the cyclically-adjusted deficit by 0.8 per cent of GDP in 2004, and by 0.6 per cent of GDP or a larger amount in 2005 so as to ensure that the general government deficit is brought below 3 per cent of GDP in 2005.
The French authorities to implement measures ensuring that the cyclically-adjusted deficit is reduced in 2004 by 0.5% of GDP, or by a larger amount, so as to ensure that the cumulative improvement in 2003-2004 is enough to bring the nominal deficit below 3% in 2004 at the latest;
In 1994, with the recovery under way,nine of the Member States recorded reductions in the cyclically-adjusted deficit, and Luxembourg a deterioration in its cyclically-adjusted surplus; Denmark, France, Ireland, the Netherlands, and Austria continued to experience a deterioration, and in the UK there was no change in the cyclically-adjusted deficit. .