Sentence examples for excessive deficit procedure from inspiring English sources

Nor were threats to extend the EU's excessive deficit procedure against Hungary justified.

"Finance ministers are, and remain, the masters of the excessive deficit procedure," he told Deutsche Presse Agentur, a news agency.

Britain is in the so-called excessive deficit procedure but cannot be sanctioned as it is outside the eurozone.

THE European Union's "excessive deficit procedure" hangs like a sword of Damocles over the finance ministries of the euro-zone.

An Excessive Deficit Procedure is being opened on Malta, which will take the total number of countries under a EDP to 16.

"If Portugal's official figure for last year is over 3percentthethe commission is obliged to start the excessive deficit procedure," he said.

With a new treaty, it may become easier to put countries into "excessive deficit" procedures, with the threat of sanctions, but most are there already.

Inertia, by contrast, leaves governments to come together more in arguments about current policies, be they state aids, excessive deficit procedures, competition law or farm subsidies.

"It means reinforcing our rules on excessive deficit procedures by making them more automatic.

The European Commission holds veto power, as Croatia is under its excessive-deficit procedure.

The commission intends to open an "excessive-deficit procedure" against the Italian (and Portuguese) authorities, for repeatedly breaching the 3% limit on government deficits set for EU countries.