Examples of using Structural fiscal in English and their translations into Romanian
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Structural fiscal consolidation progressing more gradually.
On the one hand,it is difficult to correctly judge the initial structural fiscal position in 2009.
The structural fiscal adjustment will continue in 2011, and the budget deficit will be reduced further to 3.4 percent of GDP.
Over the medium term, fiscal consolidation needs to be achieved through structural fiscal reforms.
Work to improve the accuracy of cyclical and structural fiscal indicators should continue, in cooperation with the Member States.
People also translate
Over the medium term, fiscal consolidation needs to be achieved through structural fiscal reforms.
This should be accompanied by structural fiscal reforms, aiming at strengthening fiscal institutions and reducing fiscal risks.
The Commission has developed a systematic approach to assessing the delivery of the required structural fiscal effort, which the Council endorsed recent26.
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.
In particular, in most Member States fiscal consolidation has started in 2011 or earlier andthe planned annual structural fiscal adjustment is, on average, significant.
Structural, fiscal and monetary policies have to be combined in an integrated, growth-friendly approach to tackle this challenge effectively, acting both on the demand and supply sides of our economies.
The draft 2012 budget appropriately aims to further the structural fiscal adjustment and moderate the strong domestic demand.
For countries which are in the corrective arm and thus subject to the Excessive Deficit Procedure, the Commission has developed a new approach to assessing the delivery of the required structural fiscal effort, which the.
Deliver an annual average structural fiscal effort of above 1.5% of GDP over the period 2010-13 as required by the EDP recommendation by implementing the measures adopted in the 2012 budget and adopting the announced multi-annual budget plan for 2013-14 by end July.
The Commission will continue to assess effective action under the corrective arm of the Pact on the basis of a measurement of structural fiscal effort, excluding budgetary developments which are outside the control of governments.
If a country has taken effective action by delivering the structural fiscal effort recommended by the Council, it may be given additional time to correct the excessive nominal deficit without incurring financial sanctions(euro area Member States), or a suspension of commitments/payments of European Structural and Investment Funds(all Member States)25.
When assessed against a prudent estimate of medium-term potential output growth, the projected budgetary expenditure growth in 2012-13 seems to beon the optimistic side, posing a risk to the structural fiscal position in the medium term.
Building on the positivemomentum in the economy, the immediate policy priorities are to maintain the structural fiscal adjustment on course and accelerate structural reforms- including the much-needed education reform- aimed at promoting competitiveness and export-led growth.
All Member States should continue to respect their commitments according to the rules of the Stability andGrowth 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.
The programme foresees comprehensive action on three fronts:(i) a frontloaded fiscal consolidation strategy,supported by structural fiscal measures and better fiscal control;(ii)structural reforms in the labour and product markets to address competitiveness and growth; and(iii) efforts to safeguard banking system stability.
Though the crisis is leading to a deterioration in government balances anda substantial increase in government debt ratios of each of these countries, their structural fiscal positions remain sounder than in most other EU countries and present, therefore, a low long-term risk.
This is particularly important for the Member States with fiscal sustainability risks ordebt-to-GDP ratios exceeding the 60% and therefore such Member States would be required to provide a structural fiscal adjustment of≥ 0.75% of GDP or≥ 1% of GDP, depending on whether their good economic situation continues to improve further or not.
In addition, fiscal structural reforms should aim to further strengthening the fiscal framework.
In addition, fiscal structural reforms would further strengthen fiscal management over the medium term.
Reduction of inflation through fiscal and structural policies;
In addition, they continued to pursue medium and long-term fiscal structural reforms aiming at strengthening public finances.
They have deployed a broad range of sizable fiscal and structural policy measures.
