regul ec european parliament council juli compil quarterli financi account institut sector european parliament council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european central bank act accord procedur laid articl treati action plan econom monetari union emu statist requir endors ecofin council septemb specifi limit set quarterli sector account urgent need dai end quarter concern joint report ecofin council commiss european council eurozon statist indic adopt ecofin council februari emphasis high prioriti action field includ quarterli nation account institut sector fulli implement analysi cyclic movement european union economi conduct monetari polici emu requir macroeconom statist econom behaviour interrelationship individu institut sector imposs identifi data compil level economi produc quarterli account institut sector european union euro area product account part aim compil system annual quarterli account european union euro area system includ main macroeconom aggreg financi financi account institut sector aim achiev consist account regard rest world account balanc payment nation account data compil european account institut sector accord principl european system nation region account commun set council regul ec requir transmiss member state quarterli nation account institut sector european account reflect economi european area differ simpl aggreg member state account object account transact institut bodi european union account area concern european union euro zone whichev applic product specif commun statist govern rule set council regul ec februari commun statist object regul compil quarterli financi account institut sector european union euro area achiev satisfactorili member state reason scale effect action achiev commun level commun adopt measur accord principl subsidiar set articl treati accord principl proportion set articl regul achiev object member state make neglig contribut european total requir report full detail data measur implement regul adopt accord council decis ec june lai procedur exercis implement power confer commiss statist programm committe set council decis eec euratom committe monetari financi balanc payment statist set council decis eec consult adopt regul articl purpos regul common framework contribut member state compil quarterli european financi account institut sector articl transmiss quarterli financi account institut sector member state transmit commiss quarterli financi account institut sector annex instanc item timet transmiss item decis requir breakdown transact list annex counterpart sector adopt accord procedur refer articl decis adopt commiss report european parliament council implement regul pursuant articl quarterli data refer paragraph deliv commiss latest calendar dai end quarter data relat transit period year entri forc regul quarterli data refer paragraph deliv commiss latest calendar dai end quarter data relat revis data previou quarter transmit time time transmiss paragraph adjust maximum dai accord procedur refer articl transmiss quarterli data relat data quarter member state deliv data januari transmiss includ back data period quarter articl report oblig member state transmit data annex respect rest world sector gener govern sector member state gross domest product current price repres commun total transmit data annex institut sector commiss determin percentag commun total gross domest product current price member state quot gross domest product repres paragraph basi arithmet latest year quot annual data transmit member state proport commun total refer paragraph adjust accord procedur refer articl derog regul accept commiss nation statist system requir major adapt derog year date entri forc regul implement measur adopt accord procedur refer articl articl definit standard standard definit classif account rule data transmit purpos regul laid regul ec hereinaft refer esa regul articl data sourc consist requir member state compil inform request regul sourc relev give prioriti direct inform administr sourc survei enterpris household direct inform collect back data requir articl estim transmit data transmit member state purpos regul consist quarterli financi account gener govern quarterli main aggreg total economi transmit commiss data transmiss programm esa regul quarterli data transmit member state purpos regul align annual data transmit data transmiss programm esa regul articl qualiti standard report member state measur ensur qualiti data transmit improv time meet common qualiti standard defin accord procedur refer articl member state suppli commiss date descript sourc method statist treatment year transmiss data member state inform commiss major methodolog affect data transmit month chang take effect articl implement measur implement measur laid accord procedur refer articl measur includ determin timet transmiss item pursuant articl requir transact shown annex broken counterpart sector accord articl revis timet quarterli transmiss pursuant articl adjust proport commun total determin oblig transmit data institut sector pursuant articl defin data qualiti standard accord articl articl committe procedur commiss assist statist programm committe refer made paragraph articl decis ec appli regard provis articl thereof period refer articl decis ec set month committe adopt rule procedur articl report implement year entri forc regul commiss submit report european parliament council implement report provid inform qualiti statist produc assess benefit accru commun member state provid user statist inform statist produc relat cost identifi area potenti improv amend consid light result obtain articl entri forc regul enter forc dai public offici journal european union regul bind entireti directli applic member state strasbourg juli european parliament presid borrel fontel council presid straw oj opinion european parliament march oj council common posit march publish offici journal posit european parliament publish offici journal oj regul amend regul ec european parliament council oj oj regul amend regul ec european parliament council oj oj oj oj annex data transmiss resourc total economi unspecifi total economi financi corpor financi corpor gener govern household npish rest world total economi unspecifi total economi financi corpor financi corpor gener govern household npish rest world output intermedi consumpt final consumpt expenditur individu consumpt expenditur collect consumpt expenditur gross capit format gross fix capit format inventori acquisit dispos valuabl export good servic import good servic compens employe tax product import tax product tax product subsidi subsidi product subsidi product tax subsidi product resourc total economi unspecifi total economi financi corpor financi corpor gener govern household npish rest world total economi unspecifi total economi financi corpor financi corpor gener govern household npish rest world properti incom interest properti incom interest distribut incom corpor reinvest earn fdi properti incom att polici insur holder rent current tax incom wealth social contribut benefit social contribut social benefit social transfer kind social transfer kind current transfer net life insur premium life insur claim current transfer adjust chang net equiti household pension fund reserv capit transfer capit tax invest grant capit transfer consumpt fix capit acqu disp fin prod asset balanc item total economi unspecifi total economi financi corpor financi corpor gener govern household npish rest world gross ad net ad oper surplu gross mix incom gross entrepreneuri incom gross balanc primari incom gross dispos incom gross adjust dispos incom gross save gross net lend net borrow extern balanc good servic current extern balanc