Examples of using Excessive imbalances in English and their translations into Polish
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Portugal are to be considered to be experiencing excessive imbalances.
Growth Pact(deficit/debt criteria) and by implementing the new macro-economic imbalances procedures Excessive Imbalances Procedure.
once the Council concludes, on the basis of a recommendation by the Commission, that the Member State is no longer experiencing excessive imbalances.
the need to correct excessive imbalances.
Croatia and Slovenia(excessive imbalances), but also for Ireland
to conclude whether imbalances, or excessive imbalances exist.
Individual indicators cannot be viewed in isolation, but must be analysed as part of a whole set of indicators to verify the existence of a possible macro-economic trend that could lead to excessive imbalances.
For the EMU countries only, failure to take action regarding excessive imbalances will result in fines(maximum 0.1% of GDP)
Like in the fiscal field, if a euro-area Member State repeatedly fails to act on Council EIP recommendations to address excessive imbalances, it will have to pay a yearly fine equal to 0.1% of its GDP.
is necessary before concluding whether imbalances or excessive imbalances exist.
six were found to experience excessive imbalances Bulgaria, Croatia,
The Excessive Imbalances Procedure can be opened in case of insufficient commitment to reforms and lack of effective progress in implementation,
Assess and stimulate progress in reform implementation in euro area Member States experiencing excessive imbalances and in the euro area Member States with imbalances requiring decisive action, to limit negative
Portugal's National Reform Programme shows sufficient ambition to tackle the excessive imbalances, outlines relevant measures to foster competitiveness
specific monitoring was extended to all countries with imbalances or excessive imbalances, with monitoring taking place in the autumn only,
with several Member States being identified as experiencing imbalances(and a few excessive imbalances) that require detailed
Closing of the excessive imbalance procedure.
The Excessive Imbalance Procedure has not yet been implemented so far.