Examples of using Automatic stabilisers in English and their translations into Romanian
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I would like to say something briefly about automatic stabilisers.
Automatic stabilisers can, to some extent, play a positive role.
It would also reduce their capacity to let automatic stabilisers play.
When you talk about automatic stabilisers, it is already in the prognosis.
The degree to which the risk of poverty andsocial exclusion could be contained has been contingent on national automatic stabilisers.
Strong policy intervention and automatic stabilisers played a major role in mitigating the social consequences of the crisis.
Please, Commissioner, do not tell me one more time that you have made afinancial stimulus of 4%, including 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 ifsome countries have a margin to let automatic stabilisers play.
This triggered what economists call the automatic stabilisers, which is the social protection provided for in welfare states.
Some others suggested a fiscal stimulus of 1%, and the European Commission came immediately to the proposal of 1.5%,and in fact the automatic stabilisers were around 5%.
Taking into account the effects of the automatic stabilisers, fiscal support of some 3.3% of GDP has been made available for the recovery.
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.
Overall, the European social model- through the automatic stabilisers of the social security system- has helped deal with the crisis by supporting demand and confidence.
The deterioration depends not only on active support measures butalso on increased expenditure and reduced tax revenue through automatic stabilisers.
The budgetary stimulus given to the European economy,if we include the automatic stabilisers in this, is now approaching 4% of European GDP.
These recovery plans helped the automatic stabilisers to prevent a collapse in economic activity, but also worsened the budgetary situation in numerous countries.
It should also be pointed out that it was obviously high unemployment that triggered the'automatic stabilisers', which resulted in unemployment aid and subsidies.
Automatic stabilisers', such as social security benefit payments compounded by fiscal discretionary measures are set to cause spending to rise.
The European Union is already doing a lot on this front: our overall fiscal effort,combining discretionary action and automatic stabilisers, is close to 4% of GDP.
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.
During the financial crisis I often heard both the Commission President andthe President of the European Council talk in praising terms of automatic stabilisers.
In case of a downturn,Member States would first use their national automatic stabilisers and discretionary fiscal policy in line with the Pact.
Due to the automatic stabilisers and the discretionary measures taken in reaction to the crisis, the general government deficit rose from 1.3% in 2008 to 5.9% of GDP in 2009.
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.
(9) Automatic stabilisers and crisis-related measures caused the general government balance to turn from a surplus of 3.2% of GDP in 2008 into a deficit of 2.7% of GDP in 2009.
The underlying logic is that Member States should achieve andmaintain a budgetary position that will allow automatic stabilisers to play their full role in mitigating possible economic shocks.
Social protection systems play the role of‘automatic stabilisers' by helping to cushion the impact of the economic downturn on citizens, in particular the most vulnerable.
Further strengthening the positive mutual interaction with action for growth and jobs is vital,notably by allowing social protection systems to fully play their role as automatic stabilisers.
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.