Examples of using Structural effort in English and their translations into Romanian
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Programming
That's for instance why we also look behind the figures at structural efforts.
Structural effort recommended by the Council in the EDP recommendations(percentage points of GDP).
That's for instance why we also look behind the nominal fiscal targets, at structural efforts.
In structural terms, based on the(recalculated) structural effort, this entails the preservation of the medium-term objective.
Second leg, we have to restore sound and sustainable public finances,via continued differentiated fiscal consolidation and focused on structural efforts.
Therefore, requiring a structural effort in 2017 in line with normal times conditions appears more appropriate at the current juncture.
To this end, take the necessary measures- mainly on the expenditure side- by the time of the 2012 budget to achieve an average structural effort of at least 0.75% of GDP.
The Commission's assessment is that the structural effort implemented by Malta in 2012 was not sufficient to meet the requirements of the transition period.
The average annual fiscal effort of 0.75% of GDP over the period 2010-2013, based on the(recalculated) structural budget balance6,is in line with the structural effort of¾% of GDP recommended by the Council.
Based on the structural effort as well as the growth in expenditures in line with the expenditure benchmark, Romania complies with the Pact in 2013.
If growth deteriorates unexpectedly, Member States with budget deficits over 3% of GDP may receive extra time to correct them,as long as they have made the necessary structural effort.
The structural effort foreseen by the Commission is 0.2% of GDP, while the budgetary plans outlined in the programme foresee a(recalculated) structural effort of 0.8% of GDP.
The headline projection in the convergence programme entails a structural effort of zero(as recalculated) and an effort of -0.1% of GDP according to the Commission 2014 spring forecast.
The structural effort of 0.2% of GDP in 2015, as projected by the Commission, falls short of both the minimum required effort in 2015(0.5% of GDP) and of the 0.2% of GDP deviation due to the investment clause to be recovered in 2015.
Beyond 2015, the strategy confirms the aim of achieving the medium-term objective by 2017 by way of delivering a structural effort of 0.5% of GDP in 2016 and achieving a structural deficit of 0.5% in 2017.
And that makes me wonder if all the structural effort invested in the completion of the real pieces is not just a carefully scripted performance meant to provide props for a photo session.
Countries with excessive deficits have used appropriately the deadlines for the correction of the excessive deficits established under the reformed SGP, andmade significant structural efforts to correct the situation of excessive deficit.
The programme projects a(recalculated) structural effort of 0.8% of GDP in 2015, thereby reaching the medium-term objective, but does not specify the corresponding measures.
The stated objective of the programme is to meet the Council recommendations on correcting the excessive deficit and to strive to further improve the budgetary position towards the medium-term budgetary objective(MTO)by targeting a structural effort of at least 0.5% per year.
In 2017, under the no-policy-change assumption,the Commission's forecast shows a zero structural effort in 2017, as a result of which there would be a risk of significant deviation from the required 0.6% of GDP structural adjustment.
Based on its assessment of the programme and the Commission forecast, pursuant to Council Regulation(EC) No 1466/97, the Council is of the opinion that additional efforts, in 2014 and thereafter, are required in order to ensure full compliance with the Excessive Deficit Procedure recommendation,including the required structural effort.
Compared to the Commission forecast,factoring in these measures would improve the structural effort, and the structural balance pillar would point to some deviation on average over the two years 2015-2016, whereas a risk of a significant deviation would remain in 2017.
Reinforce the budgetary measures for 2014 in the light of expenditure growth exceeding the benchmark andthe emerging gap of 0.3% of GDP in terms of structural effort based on the Commission 2014 spring forecast, pointing to a risk of significant deviation relative to the Stability and Growth Pact requirements.
In case the nominal targets are not met,a careful analysis of the structural effort delivered(measured by the change in structural balance, i.e. the budget balance net of the effect of the economic cycle and the impact of one-off and temporary measures) is carried out in order to determine whether the Member State has adopted measures of the magnitude required.
Thereafter, ensure an adequate structural adjustment effort to make sufficient progress towards the medium-term objective, including meeting the expenditure benchmark.
Thereafter, ensure an adequate structural adjustment effort to make sufficient progress towards the medium-term budgetary objective(MTO), including meeting the expenditure benchmark.
Thereafter, ensure an adequate structural adjustment effort to make sufficient progress towards the medium-term budgetary objective(MTO), including meeting the expenditure benchmark.
The average annual structural adjustment effort in the period 2012-14, as calculated by the Commission, is broadly in line with the Stability and Growth Pact.
Thereafter, ensure an adequate structural adjustment effort to make sufficient progress towards an appropriate medium-term objective for the budgetary position, including meeting the expenditure benchmark.
However, the envisaged annual average structural fiscal effort in 2012-14, after the planned correction of the excessive deficit in 2011, is well below the minimum annual structural improvement of 0.5% of GDP recommended.