Sentence examples for deficit criterion from inspiring English sources

The deficit criterion was misconceived from the start.

The real problem has been on public finances which was much the daftest of the rules to begin with.The deficit criterion is not just unnecessary but counter-productive, requiring governments to tighten fiscal policy during recessions.

Greece met the EU's Growth and Stability Pact budget deficit criterion of no more than 3% of GDP in 2007-08, but violated it in 2009, with the deficit reaching 15% of GDP.

In 1997, largely under pressure from a French Socialist government, the European Union reversed field and added provisions for expansion to existing guidelines focused on debt and deficit criteria.

Britain's opt-outs, from the euro and the Maastricht deficit criteria, allowed Labour politicians to ask first, what is necessary, not what is permitted under Lisbon – a mindset strengthened by Brexit.

Long an outspoken fan of tough debt and deficit criteria to make sure weaklings do not join the euro, he is now running scared that Germany itself will fail to qualify.

This spares the see-no-evil behavior of the European Union — established in the middle of the last decade when countries like France, Germany and Italy disregarded the euro zone's deficit criteria — which in turn set up the circumstances allowing Greece to cook its books until caught out, in large part, by the markets and ratings agencies.

Involving cooked books, the averted eyes of officials, and the E.U. big players' painless disregard of the euro zone's deficit criteria, Europe's disdain for frankness with itself lasted for a good part of a decade until markets and ratings agencies caught on, leaving Europe to a financial and monetary crisis without a sure resolution in sight.

Since Greece joined the euro-area in 2001, it has only met the 3% deficit criteria once.

None of them has ever really worked in practice as the widespread violation of the EU deficit criteria shows.

The normal/abnormal deficit criteria considered for T and Z scores was 1.5 SD below the normative mean (severe deficit ≤ 1.5 SD, moderate to slight impairment between -1.4 SD and -1 SD).