Examples of using Medium-term objectives in English and their translations into Slovak
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Programming
The medium-term objectives complementing the Treaty provisions have two main goals.
There is thus a need to distinguish between the immediate and medium-term objectives of the programmes.
In defining the guidelines to set up medium-term objectives and to assess the deviation from them, this trade-off has to be carefully considered.
While focuses vary depending on the project,they are in any case directed at concrete, medium-term objectives in all four partner regions.
The programmes had clear medium-term objectives, the primary expected result being the restoration of Greece's access to market financing which necessitated the focus on fiscal consolidation.
Some of the reforms needed to deliver the programme's medium-term objectives are being put in place.
The medium-term objectives approved for 2016- 2018 confirm the intention of the government to continue the process of reducing general government deficit and improving the long-term sustainability of public finances.
Individual Member States have different medium-term objectives, depending on their economic situation.
The Court found that the ECB did not have in placea multiannual IT strategy in which it defined and presented its strategic goals and medium-term objectives for IT.
Much more ambitious policies willbe necessary to ensure that all countries achieve their medium-term objectives by 2010 at the latest, in accordance with their commitment of April 2007.
One of the specific instruments employed to achieve this objective are the‘draft budgetary plans' that present developments in fiscal position, expected economic development anddescriptions of the fiscal policy measures needed to achieve medium-term objectives.
Clearly, once we have put the crisis behind us andthe recovery is underway, the medium-term objectives of fiscal policy will once again have to be observed, so as not to jeopardise the sustainability of public finances.
While there have been delays in some areas,the underlying fiscal and other reforms necessary to deliver the programme's medium-term objectives are now being put in place.
Conversely, Member States that have outperformed their medium-term objectives are invited to continue to prioritise investments to boost potential growth while preserving the long-term sustainability of public finances.
The Committee suggests that this long-term roadmap objective be accompanied by a number of more specific measurable, medium-term objectives for reducing oil dependence, noise and atmospheric pollution.
The Eurogroup highlighted that member states that have outperformed their medium-term objectives could use their favourable budgetary situation to prioritise investments to boost potential growth while preserving the long-term sustainability of public finances.
As agreed in Berlin, taking advantage of the favourable cyclical conditions wouldenable most euro area countries to achieve their medium-term objectives in 2008 or 2009, and all of them should aim for 2010 at the latest.
Some euro-area members that have reached their medium-term objectives are at risk of a pro-cyclical fiscal stance in 2007, notably in the Netherlands where a significant deterioration is expected this year even though"good times" are forecast.
Moreover, in a number of countries with fiscal imbalances, adjustment efforts still fallshort of what is needed to meet their respective medium-term objectives in a timely manner and thus fulfil the requirements of the revised Stability and Growth Pact.
The main objective is to ensure healthy medium-term objectives(MTOs) for public finances which are now recommended within a range between -1% of GDP for low-debt/high potential growth countries and balance or surplus for high-debt/low potential growth countries.
ECB Annual Report 2005 these countries, together with France,plan to achieve fiscal positions in line with their medium-term objectives only beyond their programme horizons, all others will do so by 2008 at the latest.
In particular countries in excessive deficit procedure and with a high debt-to-GDP ratio should use the current economic recovery to bring the public deficit ratio to below 3% within the agreed deadline,and more ambitious fiscal consolidation is essential to achieve the medium-term objectives.
Fiscal exit strategies aiming at achieving ambitious and realistic medium-term objectives need to be designed now, and implemented in a coordinated manner as soon as recovery takes hold, taking into account the specific situations of individual countries.
In this context, Member States should meet the commitment they made in the Eurogroup 's Berlin agreement of April 2007,namely that most euro area members would achieve their medium-term objectives in 2008 or 2009, and all should aim for 2010 at the latest.
Fiscal exit strategies aimed at achieving ambitious and realistic medium-term objectives need to be designed now, and implemented in a coordinated manner as soon as the recovery takes hold, taking into account the specific situations of individual countries.
While the ECB does not see a need to express an opinion on the specific provisions of the proposed regulation, it endorses the aim of improving the surveillance and coordination ofeconomic policies so as to achieve and maintain medium-term objectives that ensure the sustainability of public finances.
The pact requires programmes setting out the member state's medium-term objectives, the main assumptions about expected economic developments and important economic variables, a description of budgetary and other economic policy measures, and an analysis of how changes in assumptions will affect their budgetary and debt position.
The European Council recalled the Commission Communication"The EU and Iraq- A framework for Engagement", endorsed by the European Council in June,that sets out medium-term objectives for the development of EU-Iraq relations and the letter by High Representative Solana and Commissioner Patten.
Differentiated medium-term objectives are set for each Member State, taking into account country-specific economic and budgetary circumstances, so as to provide a sufficient safety margin with respect to the 3% of GDP reference value, and to ensure the achievement and the maintenance of prudent debt levels over time.
As agreed by the euro area finance ministers at the Eurogroup meeting in Berlin on 20 April 2007, taking advantage of the favourable cyclical conditions wouldenable most euro area members to achieve their medium-term objectives in 2008 or 2009, and all of them should aim for 2010 at the latest.
