Examples of using Spring forecast in English and their translations into Hungarian
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Official/political
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Computer
Spring Forecast.
The Commission Spring Forecast.
The Spring Forecast is clouded by a higher than usual degree of uncertainty.
For 2011-2012,the macroeconomic scenario is in line with the Commission services' Spring forecast.
Spring forecast 2010-11: gradual economic recovery in progress in the EU.
The upwards revision of inflation reflects the worse-than-expected outcome since the spring forecast.
Moreover, according to the Commission spring forecast, Belgium will not be compliant with the debt rule in both 2014 and 2015.
A better than expected performance so far this year underpins the significant upward revision to annual growth in 2010 compared to the spring forecast.
In the Commission's spring forecast, GDP in the European Union is projected to fall by 4% this year and to broadly stabilise in 2010.
Inflation is expected to reach 2.3% inboth the EU and the euro area this year(+0.2 and 0.1 pp compared to the spring forecast).
Based on the Commission 2018 spring forecast, there is a risk of a significant deviation from the medium-term budgetary objective in 2018.
This nominal improvement is consistent with an improvement in the structural balance of 1% of GDP in 2013, based on the Commission services' 2013 Spring Forecast.
For 2011, the Spring forecast foresees a small increase of employment by 0.4% and a stable unemployment rate of 9,5%.
Today's recommendations are based on these dialogues, the programmes,outturn data by Eurostat and the recently published Commission 2016 spring forecast.
The European Commission's spring forecast points to a continuing economic recovery in the European Union following its emergence from recession one year ago.
The recommendations will also include fiscal guidance andbe based on the Commission Spring Forecast, which will incorporate final 2018 budgetary data validated by Eurostat.
In order to reduce thedeviation over the two-years 2015-2016, the 2016 stability programme includes additional measures for 2016 that could not yet be included in the spring forecast.
Based on the Commission's 2015 spring forecast, Latvia complies with the requirement in 2015, taking into account the application of the pension reform clause.
Nonetheless, the spill-over of some momentum from the second quarter implies a slight upward revision to the quarterly profile compared to the spring forecast.
Furthermore, it warned that based on the Commission's 2014 spring forecast, the country appears at risk of breaching the requirements of the Stability and Growth Pact.
The scenario projecting GDP growth at 1.2and 1.5% in 2012 and 2013 is broadly in line with the Commission's 2012 spring forecast of 1.1 and 1.4%.
The Commission spring forecast shows no structural improvement in 2014 and, under the usual no-policy-change assumption, a structural deterioration in 2015.
The recommendations will also include fiscal guidance,which will be based on the Commission Spring Forecast which will incorporate final 2015 budgetary data validated by Eurostat.
However, a still benign global environment and solid fundamentals limitthe downward revision to 0.3 percentage points(pp.) in 2008 for both areas compared to the spring forecast.
The central scenario of the Commission's 2008 spring forecast did not anticipate the sharp economic slowdown that eventually materialised in the second half of the year.
The general government deficit-to-GDP ratio reached 8.1% in 2010, but decreased to 1.2% in 2012 andis projected to remain at 1.2% in 2013 according to the Commission's latest Spring Forecast.
The recommendations will also include fiscal guidance and be based on the Commission Spring Forecast which will incorporate final 2015 budgetary data validated by Eurostat.
Based on the Commission 2019 spring forecast, there is a risk of a significant deviation from the recommended adjustment path towards the medium-term budgetary objective in 2019.
Based on a no-policy change assumption, the Commission 2018 spring forecast expects lower real GDP growth and a higher deficit for 2019 than the 2018 Stability Programme.
In the light of the Commission's 2015 spring forecast there is a risk of some deviation from the required adjustment in 2016 as the structural adjustment falls short of the requirement.