Sentence examples for gdp budget from inspiring English sources

Fines for breaching the "old" pact's limits of a 3% of GDP budget deficit will be automatic, unless voted down by the bulk of the euro zone.Hello kittyThe pact's rigidity would make recessions worse, and the new fiscal rule would not have kept Ireland or Spain out of trouble.

Moreover, economic growth in 2007 appears likely to be a little stronger than the 2% assumed in the coalition agreement.This means that the new coalition will probably find itself with some leeway in terms of hitting its 1.1% of GDP budget surplus target over the medium term, which in view of the stronger than expected starting point is not at all ambitious.

We have to bring an ISK 170-180 billion (12% of GDP) budget deficit into balance in three years.

By now, everyone knows that the increasing use of debt sustained the country's GDP momentum, but the denouement produced systemic consequences, a 14% GDP budget deficit to bail out a bunch of dumb bunny bankers, brokers and insurance underwriters.

The hope is that this will help mollify the European Commission, which earlier this week said it was ready to postpone Spain's 3% of GDP budget deficit target from 2013 to 2014 - though on the condition that the Spanish regions also get their public finances in order.

If oil prices stay at $30 a barrel, the reserve fund will likely disappear before the end of 2016 as the projected 6-76-7% GDP budget deficit will surpass the 4.6% of GDP held by the reserve fund.

Safely inside the euro area, and benefiting from the gift of lower funding costs on their debt, governments could drop the austerity they had pursued to meet the fiscal entry demands (notably the 3% of GDP budget-deficit limit) laid out in the stability and growth pact to which euro-zone countries signed up in 1997.The boom stored up all manner of trouble.

Japan, meanwhile is running a 10%-of-GDP budget deficit, even as growing cohorts of new retirees turn from buying Japanese bonds to selling them.

The latest official calculations suggest that further unpopular cutbacks in public spending are likely to be needed if France is to reach the 3%-of-GDP budget-deficit target required for membership of a single currency in 1999.Nor does next year look economically any more comfortable.

At 2.5% of GDP the budget deficit is showing no signs of shrinking.

At 3.6% of GDP, the budget deficit for the fiscal year that ended on September 30th was smaller than expected.