Voorbeelden van het gebruik van Primary surplus in het Engels en hun vertalingen in het Nederlands
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However, even if it is maintained for a long period of time, the current high primary surplus is not sufficient to fully cover the relatively high cost of ageing populations over the long-term.
This compares with an overall deficit ratio of 1.7% and a primary surplus ratio of 6.0% projected for 1998,
However, the primary surplus was lower than expected(4.9 per cent of GDP instead of 5.5 per cent)
macroeconomic conditions deteriorate and these effects are not counterbalanced by a sufficiently high primary surplus.
In the coming years, a combination of stronger economic growth and a stable primary surplus is expected to reverse the upward trend in the debt ratio observed since 2003.
Since the adoption of its convergence programme, the Belgian government has reconfirmed its commitment to maintain the primary surplus at the level of some 6% of GDP over the medium term.
They also reflect the need to provide a buffer of a primary surplus as a precaution against deteriorating macroeconomic conditions,
In this scenario, the primary surplus(which excludes interest payments) would“achieve‘escape velocity' magnitudes
A primary surplus above and the maximum value of the pressure,
the fiscal stance was neutral as indicated by an unchanged cyclically-adjusted primary surplus and wage developments remained compatible with price stability and job creation.
8% interest rate and a primary surplus of 5% of GDP.
ensure that its annual growth rate remains in compliance with the primary surplus target of 6% of GDP.
in the early 1990s the primary surplus was close to outweighing the sizable debtincreasing effects of a negative growth/ interest rate differential.
The patterns observed during the early 1990s may be seen as indicative of the risks to public finances which can arise when macroeconomic conditions deteriorate and the primary surplus is insufficient to counterbalance such effects.
The reduction in the debt ratio over the programme period is to be achieved by the gradual improvement of the primary surplus, together with the assumption of no major net financial operations taking place in the coming years.
However, an equal deficit ratio implies a lower primary deficit(or most probably a higher primary surplus) for highly indebted countries,
the average primary surplus in relation to GDP saw only a slight improvement in 1998 and 1999.
Member States with high levels of public debt as a proportion of GDP need to maintain a high primary surplus, supported by appropriate privatisation policies(specific recommendations are included on Belgium, Italy and Greece in particular);
However, the government primary surplus is maintained constant at the level reached in 2003 throughout the period,
as shown by a further decline in the cyclically adjusted primary surplus.