Examples of using Cyclically-adjusted in English and their translations into Slovak
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Medicine
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Official/political
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Programming
In cyclically-adjusted terms an adjustment towards a position close to balance is underway.
The adjustment towards a position close to balance in cyclically-adjusted terms is further set back.
Lower the cyclically-adjusted deficit by at least one percentage point of GDP between the end of 2003 and 2005(recommendation 7).
The study looked at econometric evidence showing a link between the MTBFs' quality(measured by the MTBF index,see paragraph 04) and the cyclically-adjusted primary balance.
Graph 5: Cyclically-adjusted current account balances and balances required to stabilise or reduce external liabilities, 2015.
Should the recovery in economic activity be stronger than currently expected,allocate any higher-than-expected revenues to deficit reduction and accelerate the reduction in the cyclically-adjusted deficit;
Box 4 Fourth paragraph: The cyclically-adjusted current account, i.e. the current account adjusted for output gaps at home and abroad and thereby reflecting the fall in domestic demand in Spain.
(10) The objective of the budgetary strategy outlined in the2014 Convergence Programme is to balance the cyclically-adjusted current budget by the end of a five-year rolling period, currently ending in 2018-19.
Although some improvement in the cyclically-adjusted budget deficits was recorded in France and the Netherlands, the situation further deteriorated in Germany, Greece, Italy and Austria.
Should the recovery in economic activity be stronger than currently expected,allocate any higher-than-expected revenues to deficit reduction and accelerate the reduction in the cyclically-adjusted deficit through the implementation of additional measures.
Ensure that the government deficitis further reduced in 2003 as planned and that the cyclically-adjusted deficit is thereafter lowered by at least 0.5 per cent of GDP a year in order to reach a budget position that is close to balance(recommendation 1).
The cyclically-adjusted current account as computed by the Commission reached -1.2% of GDP in 2014(figure from 2015) from -9.2% of GDP in 2008, which suggests that much of the improvement is independent of cyclical positions(IDR/CR 2015).
Stand ready to take the necessary measures so as to endeavour to avoid the occurrence of an excessive deficit;improve the cyclically-adjusted position to consolidate the public finances, consistent with a budgetary position of close to balance or in surplus in the medium term(GL 1).”.
Implement measures ensuring that the cyclically-adjusted deficit is reduced in 2004 by 0.5 per cent of GDP, or by a larger amount, so as to ensure that the cumulative improvement in 2003-2004 is enough to bring the nominal deficit below 3 per cent in 2004 at the latest(recommendation 2); and.
The operational specification of the medium-term budgetary objective of“close to balance or in surplus” has been left open by the SGP andin practice a balanced budget position in cyclically-adjusted terms every year throughout the cycle is currently required for most Member States.
Achieve an annual reduction in the cyclically-adjusted deficit of 0.6 per cent of GDP in 2004 and of at least 0.5 per cent of GDP or a larger amount in 2005 so as to ensure that the general government deficit is brought below 3 per cent of GDP in 2005(GL 1);
On 25 November 2003, the Council did not adopt the two Commission recommendations but adopted instead a set of conclusions endorsing, inter alia,the commitments made by France to reduce the cyclically-adjusted deficit by 0.8 per cent of GDP in 2004, and by 0.6 per cent of GDP or a larger amount in 2005 so as to ensure that the general government deficit would be brought below 3 per cent of GDP in 2005.
While the general government surplus decreases in cyclically-adjusted terms and net of one-off and other temporary measures in 2006, causing a deviation from the MTO of roughly 1% of GDP in 2006 and 2007, it should be noted that Sweden's MTO is significantly more demanding than required by the Pact.
The medium-term objective(MTO) for the budgetary position set in theprogramme is a deficit of -0.9% of GDP in cyclically-adjusted terms and net of one-off and temporary measures, which is in line with the Stability and Growth Pact but is targeted to be reached only beyond the programme horizon, namely by 2010.
Despite the reduction in the general government surplus in cyclically-adjusted terms and net of one-off and other temporary measures in 2006, Denmark's fiscal policy appears to remain prudent given the exceptional revenues recorded in 2005, the budget package for 2006 and the uncertainties attached to the calculation of the output gaps.
Ensure that the budgetary consolidation continues in the years after 2005,namely through a steady reduction in the cyclically-adjusted budgetary deficit by at least 0.5 percentage points of GDP per year or more if necessary to achieve the medium term position of government finances close to balance or in surplus and bring back the debt ratio to a declining path(GL 1).”.