1) The Medium term budgetary objective (MTO)

The government wants at least to meet its budget targets.

This will be achieved through the political and budgetary transparency of this objective.

The additional room for manoeuvre offered by such positions is urgently needed .

WASHINGTON, DC When economists discuss fiscal adjustment, they typically frame it as an abstract and complex goal.

The Stability and Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

Target group if appropriate , to be defined for each objective . The final recipients of the Community funding and the intermediaries used should be indicated .

WASHINGTON, DC When economists discuss fiscal adjustment, they typically frame it as an abstract and complex goal.

A modified European Semester should be about more than fiscal consolidation and should aim for sustainability.

A real increase of 50 is an example (subject to the constraint that the total Community budget does not exceed its real growth rate in the previous five years (4 )).

However, the Council will of course give careful consideration to the committee's proposed amendments to these head ings, if they are approved by the plenary, and to all other proposals and suggestions.

As requested by the Barcelona European Council, long term sustainability will become a regular feature of budgetary surveillance at EU level.

This is perhaps a desirable objective, particularly from the viewpoint of implementing new policies, but let us not turn it into a hard and fast budgetary constraint.

Aims to meet the fiscal reference value in 2007 and to join the euro area in 2009 . No current plans .

As I say in my report, together with the Committee on Budgetary Control, this objective has not in fact been achieved.

Member States that have not yet achieved the medium term budgetary objective should pursue a minimum annual improvement of their cyclically adjusted balance net of one off and temporary measures . The improvement should be higher in economic good times

The Stability and Growth Pact also requires , as a medium term objective , a budgetary position that is close to balance or in surplus .

The Stability and 17 Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

The Stability and Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

The Stability and Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

The Stability and Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

That is why the EU should strive to create a fiscal framework that has the sole objective of ensuring that its members debts are sustainable.

This was our principal objective. A reform of the policy itself with budgetary discipline as a supporting factor.

The objective of the pact is to ensure that there is sufficient leeway in budgets when times are good and to make provision for bad times.

To put it another ways, budgetary consolidation, second only to the maintenance of price stability as a primary objective of European economic policy, is in danger.

Merely setting a dollar (or pound or euro) target for budget cuts is far less effective, because the target can easily be revised and cuts reversed to avoid political pain.

Monetary income income accruing to the NCBs in the performance of the Eurosystem 's monetary policy function , derived from assets earmarked in accordance with guidelines established by the Governing Council and held against banknotes in circulation and deposit liabilities to credit institutions . Monetary policy strategy the general approach to the conduct of monetary policy .

They include the ECB , the NCBs of the euro area countries , and credit institutions and money market funds located in the euro area .

The Stability and Growth Pact also requires , as a medium term objective , a budgetary position that is close to balance or in surplus .

The Stability and the monetary status of Luxembourg are Growth Pact also requires as a medium term currently being amended with Law No. 3862 . objective a budgetary position that is close to Assuming that this law is adopted as it stood balance or in surplus .

The Stability and Growth Pact also requires as a medium term objective a budgetary position that is close to balance or in surplus .

The Stability and Growth Pact also requires , as a medium term objective , a ECB Convergence Report 2000

The Stability and Growth Pact also requires , as a medium term objective , a budgetary position that is close to balance or in surplus .

After the events of the past year, your aim is to create a budgetary control and discharge procedure which is more transparent and above all more efficient and effective.

40. With regard to funding, UNHCR would be asking the Executive Committee to approve the 1994 General Programmes budgetary target and attached great importance to full funding of that target.

Objective 3 Combating longterm unemployment.

All countries with deficits would need consolidation beyond the deficit ratios projected in their Convergence Programmes to comply with the Pact 's medium term objective .

Your policy has reduced the countryside to wasteland. You have cut the number of farmers by 12 million, 4 million of these in France, where 82 farms are closing down every day.

The commitment made is to balance budgets in the medium term and to limit deficits, and it cannot therefore be thrown up in the air as soon as growth subsides.

Tables 29E.6 (Objective), 29E.8 (Objective 1), 29F.7 (Objective), 29F.9 (Objective 1), 29G.6 (Objective), 29G.8 (Objective 1)

The European Union, being convinced that Rome would not achieve its objective budget in 2013 despite the austerity plan adopted over recent months, has asked, in particular, for stringent new measures.

(1) Take advantage of the improving cyclical conditions to strengthen the fiscal effort in order to further reduce the headline deficit and reach the medium term objective in 2012.

3.3.7 The EESC proposes that targets on budget balance and public debt are complemented with current account balances.

In Malta , further fiscal consolidation is required if the country is to comply with its medium term objective specified in the Stability and Growth Pact .

Within this overall objective, MONUC will, during the budget period, contribute to a number of expected accomplishments by delivering related key outputs, shown in the frameworks below.