Examples of using Automatic stabilisers in English and their translations into Hungarian
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These are called‘automatic stabilisers'.
Please, Commissioner, do not tell me one more time thatyou have made a financial stimulus of 4%, including automatic stabilisers.
When you talk about automatic stabilisers, it is already in the prognosis.
I would like to say something briefly about automatic stabilisers.
This triggered what economists call the automatic stabilisers, which is the social protection provided for in welfare states.
The overall stimulus this offers represents, as was agreed, 1.5% of GDP, but,if you include its automatic stabilisers, it comes to 3.3% of the EU's GDP.
EFSI is not the optimal, because automatic stabilisers, for instance, in member states level means unemployment benefit schemes.
The deterioration depends not only on active support measures but alsoon increased expenditure and reduced tax revenue through automatic stabilisers.
A large share of this support comes from the operation of automatic stabilisers which are particularly strong in the EU.
Debt and deficit levels leave hardly any room for fiscal stimulus,even if some countries have a margin to let automatic stabilisers play.
Strong policy intervention and automatic stabilisers played a major role in mitigating the social consequences of the crisis.
The monetary conditions remained accommodative, with historically low short- and long-term interest rates,and fiscal policy was marked by the cushioning impact of the automatic stabilisers.
Where budgetary scope is available, automatic stabilisers can contribute to the smoothing of cyclical economic fluctuations.
The euro has done its job as a monetary shield;there will never be enough words to say how much we owe it: the automatic stabilisers, those famous solidarity mechanisms, which are too.
In particular, relatively large European automatic stabilisers can help cushion the slowdown, while respecting the 3% of GDP deficit threshold.
The general government budget went from being in balance to a deficit of 3% of GDP in 2009,driven by fully operating automatic stabilisers and discretionary measures to counter the economic downturn.
The automatic stabilisers of social security systems have helped deal with the crisis and supported demand in Europe and prevented it from falling into depression, as in the 1930s.
The budgetary stimulus given to the European economy, if we include the automatic stabilisers in this, is now approaching 4% of European GDP.
The results have been weakened automatic stabilisers, an explosion of credit instead of real wages, falling growth rates and less likelihood of detecting financial bubbles.
The overall fiscal support to the economy from European andnational measures and from automatic stabilisers amounts to at least 3.3% of GDP over the 2009-2010 period.
We can allow the automatic stabilisers to stop working in most of our economies now that there is less growth because of the volatile pressures in the financial markets or the sharp slow-down in the United States.
Further strengthening the positive mutual interaction with action for growth and jobs is vital, notably by allowing socialprotection systems to fully play their role as automatic stabilisers.
As a result of the adoption of the stimulus packages and automatic stabilisers operating fully, the general government deficit reached 4.1% and 4.6% of GDP in 2009 and 2010 respectively.
Overall, fiscal policies in the EU-15 remained broadly neutral in 2004 as indicated by theonly minimal change in the discretionary component, while automatic stabilisers generally played freely to support economic activity.
Social protection systems have proven their effectiveness: automatic stabilisers have cushioned the immediate social impacts of the downturn, although to different degrees within the EU.
In more general terms, the countries in which public finances are more or less in order must undertake to allow automatic stabilisers to operate and take measures to stimulate domestic demand.
Maintaining sound publicfinances will enable governments to let automatic stabilisers operate freely and thus contribute to smoothing the economic cycle and to supporting private sector confidence.
All Member States should continue to respect their commitments according to the rules of the Stability and Growth Pact,which allow the automatic stabilisers to work around the agreed path of structural fiscal adjustment, while ensuring the long term sustainability of public finances.
Further improving the effectiveness of social protection systems andmaking sure that social automatic stabilisers can play their role as appropriate, avoiding precipitate withdrawals of past extensions of coverage and eligibility until jobs growth substantially resume.
The report centres on developing a macro-prudential approach,by various means including building-in automatic stabilisers into the regulation and providing better information on the basis for discretionary supervisory measures and changes in regulation through enhanced monitoring.
