Sentence examples for gdp ceiling from inspiring English sources

The public deficit was creeping up and was passing Gordon Brown's 40% of GDP ceiling.

By this he could mean a relaxation of the deficit targets, which are just under the 3% of GDP ceiling.

Eurozone governments are especially over-optimistic when the budget deficit is over the 3 % of GDP ceiling at the time the forecasts are made.

Until recently the French finance minister, Moscovici failed to get the budget deficit on target to reach the 3% of GDP ceiling allowed by Brussels.

Madrid has promised to wrest its deficit back below the eurozone's official 3% of GDP ceiling by 2013, but that will require a grim period of austerity, just as the economy is struggling to emerge from recession.

He told reporters that Hungary had been in "excessive deficit" – breaching the 3% of GDP ceiling – since it joined the EU in 2004 despite repeated warnings to get its fiscal house in order.

He mused this week that busting the 3%-of-GDP ceiling imposed by the euro area's stability pact would "not be a capital offence".

Greece will also run a budget deficit above the 3%-of-GDP ceiling "mandated" by European Union (EU) rules that is, the rules that govern not only the single currency Eurozone countries but also the other nine members of the EU.

Rather than note the failures of member states to stay below the 3percentt of GDP deficit ceiling, we focus on the quality of the supervision process.

The federal government will borrow €22 billion ($27 billion) next year, pushing the overall budget deficit well above 3% of GDP, the ceiling supposedly set by the euro-area's stability pact.

You have the Ministry of Finance and the Ministry of Economy quietly predicting a GDP growth ceiling of 2.5%3%% for many years," he says.