council opinion februari updat stabil programm netherland council european union regard treati establish european commun regard council regul ec juli strengthen surveil budgetari posit surveil ordin econom polici articl thereof regard recommend commiss consult econom financi committe deliv opinion februari council examin updat stabil programm netherland cover period updat programm compli data requir revis quot code conduct quot content format stabil converg programm budgetari strategi underli updat base keep real expenditur predetermin ceil period time pursu signific save measur measur frontload larg part consist expenditur cut strategi expenditur windfal longer automat expenditur increas automat stabilis revenu side budget allow work freeli increas deficit impli violat stabil growth pact counter addit save measur updat project real gdp growth growth estim pick averag employ growth expect increas slightli averag hicp inflat forecast remain stabl inform macroeconom develop favour expect time submiss programm line commiss autumn forecast downsid risk note dutch project programm encompass substanti packag net save cover period view sharp deceler econom activ actual deficit expect rise spite size measur programm target gener govern deficit gdp expect deficit substanti measur aim limit deficit increas line council recommend previou stabil programm updat total consolid measur period add gdp ow substanti packag nomin deficit expect fall gdp cyclic adjust term base commiss calcul commonli agre methodolog updat incorpor improv percentag point target improv percentag point result deficit gdp cyclic adjust deficit expect fall gdp slightli year updat expect debt ratio rise slightli gdp fall basi inform project actual budget balanc favour programm submit judg commiss autumn forecast confirm releas preliminari estim deficit gdp ministri financ januari wors start point higher nomin deficit forecast programm possibl subsequ year advers econom circumst gdp threshold breach respect note budget rule laid coalit agreement measur actual deficit close gdp notwithstand downsid risk nomin budgetari project commiss autumn forecast suggest plan improv cyclic adjust deficit reach posit close balanc onward achiev eventu achiev medium term posit close balanc suffici establish programm final note dutch programm maintain high level public invest gdp programm period period updat expect lower debt ratio commiss autumn forecast reach posit close balanc reflect dutch govern firm commit achiev long term sustain public financ reduc debt ratio calcul commiss risk budgetari imbal emerg futur rule full impact ag take place commit dutch govern secur adequ improv primari surplu ag reach peak measur stem long term increas expenditur essenti ensur public financ sustain foot econom polici reflect updat programm broadli consist recommend broad econom polici guidelin specif budgetari implic implement budgetari consolid aim achiev maintain budgetari posit close balanc medium term end set expenditur ceil real term crucial oj