Examples of using Temporary deviation in English and their translations into Greek
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Financial
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Official/political
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Computer
In addition, the fact that the temporary deviation is not directly based on costs, does not mean that costs are not measured.
They are telling us, that the Greek people were always“nationalist” and“patriotic” andthat now there's just a temporary deviation of the popular psyche.
As stated in reply to observation 49, the temporary deviation is not based upon the direct budgetary costs of the reforms.
The monolithic bias sees the concept of a standard, orthodox ortraditional family as a measure against which all variations are seen as temporary deviations.
This information will be used when assessing(ex post)possible temporary deviations from the SGP requirements for 2015 and 2016.
Therefore, the temporary deviations under the unusual events and structural reform clauses amount to 0,67% of GDP in 2018 and 0,5% of GDP in 2019.
The information provided by the Member States will be used when assessing(ex-post)possible temporary deviations from the SGP requirements in 2015 and 2016.
In such cases,directly linking the temporary deviation to the budgetary costs would effectively nullify the incentivizing intent of the clause.
Achieve the medium-termbudgetary objective in 2019, taking into account the allowance linked to unusual events for which a temporary deviation is granted.
In 2016 and 2017,Lithuania was also granted a temporary deviation linked to the implementation of the systemic pension reform and of the structural reforms.
Achieve the medium-termbudgetary objective in 2019, taking into account the allowances linked to the implementation of the structural reforms for which a temporary deviation is granted.
In 2017, Finland was also granted a temporary deviation of 0,1% of GDP to take account of national investment expenditure in projects co-financed by the Union.
While a cost-benefit analysis of major structural reforms is requested in the Stability and Convergence Programme under article 3,this does not mean that the temporary deviation has to be based on the costs.
The remaining temporary deviations from the adjustment path towards the medium-term budgetary objective are carried forward so that they cover a period of three years.
Based on the benchmark adjustment of 0.5% of GDP per year and a maximum temporary deviation of this amount, this distance would deliver a return to the MTO within four years. 46.
The temporary deviation under the structural reform clause was never linked to the actual budgetary costs of the reform and the Regulation also does not foresee such a link, particularly because those costs may be difficult to measure and/or have limited direct fiscal impact.
In its 2015 communication on flexibility,the Commission stated that“the Member State must compensate for any temporary deviations and the MTO must be reached within the four-year horizon of its current Stability or Convergence Programme”49.
The technical design of the temporary deviation from the MTO or adjustment path means that spending is increased relative to the baseline(i.e. the path of expenditure in the absence of the temporary deviation) in each year until the MTO is reached.
The deleterious effects of the financial crisis on the real economy through the slump in demand and output obliged EU Member States andEU authorities to allow a temporary deviation from the monetarist and neoliberal principles and their institutional configurations.
Thereby, Finland is no longer considered eligible for a temporary deviation of 0,1% of GDP in relation to national investment expenditure in projects co-financed by the Union in 2017.
On 11 July 2017, the Council recommended that Latvia achieve its medium-term budgetary objective in 2018, taking into account the allowances linked to the implementation of thesystemic pension reform and of the structural reforms for which a temporary deviation is granted.
In this regard,it is by design that the application of a temporary deviation from the adjustment path for Member States implementing major structural reforms or growth-enhancing investments may lead to a delay in MTO convergence.
On 11 July 2017, for 2017 the Council recommended Lithuania to remain at its medium-term budgetary objective in 2018, taking into account the allowances linked to the implementation of thesystemic pension reform and of the structural reforms for which a temporary deviation was granted.
Secondly, although the temporary deviation under the structural reform clause is not directly linked to the actual budgetary costs of the reform, the Regulation also does not foresee such a link, 16 particularly because those costs may be difficult to measure and/or have limited direct fiscal impact.
In order to enhance the growth oriented nature of the Pact, structural reforms will be taken into account when dening the adjustment path to the medium-term objective for countries that have not yet reached this objective and in allowing a temporary deviation from this objective for countries that have already reached it.
The temporary deviation under the structural reform clause is not directly linked to the actual budgetary costs of the reform because some very beneficial structural reforms do not always create significant direct budgetary costs, while such reforms carry substantial economic or political costs.
In 2019, based on the Commission 2018 spring forecast, Finland should ensure that the deviation from the medium-term budgetary objective in 2019 is limited to the allowance linked to the budgetary impact in relation to the implementation of the structural reforms for which a temporary deviation was granted in 2017.
In addition, in 2017,Finland was granted a temporary deviation of 0,5% of GDP from the required adjustment path towards the medium-term budgetary objective to take account of major structural reforms, in particular, the 2017 pension reform and the Competitiveness Pact, with a positive impact on the long-term sustainability of public finances.
The provisions set out in Article 5(1) and Article 6(3) of Regulation(EC) No 1466/97 cater for this additional expenditure, in that the inflow of refugees is an exceptional event, its impact on Hungary's publicfinances is significant and sustainability would not be compromised by allowing for a temporary deviation from the adjustment path towards the medium-term budgetary objective.
While the Commission agrees that the unusual events clause provisions should only apply to costs directly related to the events in question,it does not accept the recommendation that the temporary deviation under the structural reform clause should be directly linked to costs as it considers that the required adjustment would weaken the effectiveness of the structural reform clause.