Examples of using Excessive deficit exists in English and their translations into Polish
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On 5 July 2004, the Council decided,in accordance with Article 104(6), that an excessive deficit exists in Hungary.
When it decides that an excessive deficit exists, the Council shall at the same time make recommendations to the Member State concerned….
The Council has decided on(xx Xxxx 2005),in accordance with Article 104(6), that an excessive deficit exists in Portugal.
When it decides that an excessive deficit exists, the Council shall at the same time make recommendations to the Member State concerned in accordance with Article 104(7).”.
By Decision 2004/xxx/EC of 5 July 2004, the Council decided,in accordance with Article 104(6), that an excessive deficit exists in Hungary9.
When it decides, in accordance with Article 104c(6), that an excessive deficit exists, the Council shall at the same time make recommendations to the Member State concerned in accordance with Article 104c 7.
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.
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.
The Commission, having taken into account its report and having regard to the opinion of the Committee,is of the opinion that an excessive deficit exists in Portugal.
If the Council decides inaccordance with Article 126(6) of the Treaty that an excessive deficit exists in a Member State, the lodging of a non-interest-bearing deposit shall be imposed by the Council, acting on a proposal from the Commission.
Shall mean that at the time of the examination the Member State is not the subject of a Council decision under Article 104( 6)of this Treaty that an excessive deficit exists”.
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 1 of the following year.
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.
Where the Council decides,in accordance with paragraph 6, that an excessive deficit exists, it shall adopt, without undue delay, on a recommendation from the Commission, recommendations addressed to the Member State concerned with a view to bringing that situation to an end within a given period.
The Council shall, 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.
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, 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.
If the Council[…]decides that an excessive deficit exists in a Member State, the Council and the Commission shall, in the subsequent procedural steps of that Article of the TFEU, take into account the relevant factors referred to in paragraph 3 of this Article in particular in establishing a deadline for the correction of the excessive deficit and eventually extending that deadline[…].”.
Article 2 of the Protocol states that this criterion«[…]shall mean that at the time of the examination the Member State is not the subject of a Council decision under Article 104( 6) of this Treaty that 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 showing that an annual fall of real GDP of less than 2% is nevertheless exceptional in the light of further supporting evidence, in particular on the abruptness of the downturn or on the accumulated loss of output relative to past trends.
Article 2 of the Protocol states in addition that this criterion“(…) shall mean that at the time of the examination the Member State is not the subject of a Council Decision under Article 104(6)of this Treaty that an excessive deficit exists”.
The Commission, when considering whether an excessive deficit exists or may occur for non-fulfilment of the criterion mentioned in Article 104(2)(a), and the Council, when deciding on the existence of an excessive deficit, shall take into account the relevant factors mentioned in paragraph 3 only if the general government deficit remains both close to the reference value and its excess over the reference value is temporary.
Furthermore, Article 2 of the Protocol on the convergence criteria states that this criterion means that“at the time of the examination the Member State is not the subject of a Council decision under Article 104(6)of this Treaty that an excessive deficit exists”.
The Commission, after examining the relevant factors taken into account in its report and regarding to the opinion formulated by Economic and Financial Committee(EFC) on 2 June 2004,adopted on 24 June 2004 an Opinion stating that an excessive deficit exists in Greece.
The criterion on the government budgetary position referred to in the second indent of Article 140(1) of the said Treaty shall mean that at the time of the examination the Member State is not the subject of a Council decision under Article 126(6)of the said Treaty that an excessive deficit exists.
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 Member State 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.
Finally, in accordance with Article 104( 6), the EU Council, on the basis of a recommendation from the Commission and having considered any observations which the Member State concerned may wish to make, shall,acting by qualified majority, decide, after an overall assessment, whether an excessive deficit exists in a Member State.
Finally, in accordance with Article 104(6), the EU Council, on the basis of a recommendation from the Commission and having considered any observations which the Member State concerned may wish to make, decides,acting by qualified majority and following an overall assessment, whether an excessive deficit exists in a Member State.
According to Article 2 of the Protocol on the convergence criteria referred to in Article 121 of the Treaty establishing the European Community, the criterion on the government budgetary position referred to in the second indent of Article 121(1) of the Treaty shall mean that at the time of the examination the Member State is not the subject of a Council decision under Article 104(6)of the Treaty that an excessive deficit exists.
On 5 July 2004,the Council decided that an excessive deficit existed in Slovakia and recommended that this be corrected by 2007.