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Vade mecum on the stability and growth pact : 2017 edition
| Campo | Valor |
|---|---|
| Formato | Analítico de periódico ou monográfico |
| N.º Sistema | 000075691 |
| Autor |  European Union. European Commission. Directorate General for Economic and Financial Affairs |
| Título | Vade mecum on the stability and growth pact : 2017 edition / Directorate-General for Economic and Financial Affairs |
| URL | Acesso EuBookshop [Link permanente] |
| Língua | inglês |
| País | União Europeia |
| Local | Luxembourg |
| Editor | Publications Office of the European Union |
| Ano | 2017 |
| Colecção | European economy . institutional paper ; nº 21 (March 2017). ISSN 2443-8014 (em linha) |
| Tipo de Documento | Documento eletrónico Analítico de periódico |
| Índice | 0. Introduction 1. The preventive arm of the stability and growth pact (SGP) 1.1. Legal basis, rationale and monitoring 1.1.1. Legal basis of the preventive arm 1.1.2. Rationale behind the preventive arm 1.1.3. Bringing the economic policy advice together – the European Semester 1.1.4. Monitoring under the preventive arm – the role of the Stability and Convergence Programmes 1.2. The Medium-Term Objective (MTO): concept and role 1.2.1. Defining the Medium-Term Objective 1.2.1.1. Calculating the appropriate Medium-Term Objective 1.2.1.2. Revising the Medium-Term Objective 1.2.2. The Medium-Term Objective as an anchor 1.3. Assessment of the Stability and Convergence Programmes (SCPS) 1.3.1. The reporting requirements 1.3.2. The assessments of the SCPs 1.3.2.1. Is the MTO set at an appropriate level? 1.3.2.2. Is the Member State at its MTO or on an appropriate adjustment path towards it? The change in the structural balance 1.3.2.3. Taking into account the implementation of structural reforms 1.3.2.4. Taking into account investment 1.3.2.5. Considering the impact of adverse economic events 1.3.2.6. Is the Member State compliant with the requirements of the expenditure benchmark? 1.3.2.7. The assessment of compliance with the preventive arm 1.4. The procedure in case of observed significant deviation, including the introduction of sanctions for the euro area member states |
| 2. The corrective arm of the stability and growth pact 2.1. Legal basis, rationale and procedural Steps 2.1.1. Legal basis of the corrective arm 2.1.2. Rationale behind the corrective arm of the SGP 65 2.1.3. Overview of procedural steps under the corrective arm of the SGP 2.2. Launching an Excessive Deficit Procedure 2.2.1. Establishing the existence of an excessive deficit or debt 2.2.1.1. Establishing non-compliance with the deficit criterion 2.2.1.2. Establishing non-compliance with the debt criterion 2.2.1.3. Establishing non-compliance with the debt criterion in the transition period 2.2.2. Preparing an Article 126(3) report 2.2.2.1. Assessing the breach of the deficit criterion in the Article 126(3) report | |
| 2.2.2.2. Assessing the breach of the debt criterion in the Article 126(3) report 2.2.2.3. Concluding the Article 126(3) report 2.2.3. Preparing an Article 126(7) recommendation or an Article 126(9) notice 2.2.4. Sanctions: recommending a non-interest bearing deposit 2.3. Steps following a recommendation under 126(7) TFEU or a notice under 126(9) TFEU 2.3.1. Member States’ reporting on action taken and continuous monitoring of compliance 2.3.2. Assessing compliance with an Article 126(7) recommendation or an Article 126(9) notice 2.3.2.1. The assessment of effective action following Article 126(7) recommendations or 126(9) decisions to give notice 2.3.3. Cases for extending the deadline for correction – Effective action 2.3.3.1. A general and severe downturn in the euro area or EU as a whole 2.3.4. Continuous monitoring of the EDPs placed in abeyance and the correction of the excessive deficit 2.4. Procedure following a lack of effective action to a council EDP recommendation or decision to give notice 2.4.1. Issuing a Commission recommendation on a lack of effective action under 126(8) TFEU 2.4.2. Procedures following a lack of effective action in response to a recommendation under Article 126(7) TFEU: Imposing sanctions to euro area member States and the application of macroeconomic conditionality 2.4.3. Procedures following a lack of effective action in response to a notice under Article 126(9) TFEU: Imposing sanctions to euro area Member States 2.5. Abrogation of the EDP | |
| 3. The institutional context of budgetary surveillance linked to the stability and growth pact (SGP) 3.1. The cycle of integrated budgetary and economic surveillance 3.1.1. The integration of the preventive and the corrective arms and the annual cycle of monitoring 3.1.1.1. The Draft Budgetary Plans for the euro area 3.1.1.2. Assessing compliance with the reporting requirement for the Draft Budgetary Plans 3.1.1.3. Preparing the Commission opinion on the Draft Budgetary Plans 3.1.2. The wider EU’s annual cycle of economic surveillance 3.1.2.1. The main steps of the European Semester 3.1.2.2. Introducing concepts of structural policy into the SGP: the role of the Economic Partnership Programmes (EPPs) 3.2. National budgetary processes and the SGP 3.2.1. National balanced-budget rules and the MTO 3.2.2. The role of independent bodies in the national budgetary processes 3.2.2.1. The mandates of the independent bodies 3.2.2.2. Key role in preparing the forecasts underlying the budgetary process GLOSSARY 214 LIST OF ABBREVIATIONS | |
| Nível de conjunto | European economy institutional paper European Commission. Directorate-General for Economic and Financial Affairs Nº 21 (March 2017) 224 p. |
| Classif.Temática | 2411 economia monetária |
| Assunto | pacto de estabilidade |
| União Económica e Monetária | |
| política económica | |
| direito da UE | |
| serviços financeiros | |
| instituição financeira | |
| contribuição financeira | |
| ajuda da UE | |
| programa de ajuda | |
| relatório | |
| ISBN | 978-92-79-64688-1 |
| Cota | CIEJD PP1606/6 ISSUE  |
| Ligacao | European economy |
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