council regul ec februari amend regul ec applic protocol excess deficit procedur annex treati establish european commun council european union regard treati establish european commun subparagraph articl regard propos commiss regard opinion european parliament definit quot govern quot quot deficit quot quot invest quot laid protocol excess deficit procedur annex treati establish european commun regul ec refer european system integr econom account regul ec replac system european system nation region account commun hereinaft refer quot esa quot definit quot govern debt quot laid protocol excess deficit procedur regul ec amplifi refer classif code esa case financi deriv defin esa nomin ident debt instrument financi deriv includ liabil make govern debt purpos protocol excess deficit procedur liabil subject agreement fix exchang rate rate account convers nation currenc esa detail definit gross domest product current market price calcul ratio govern deficit gross domest product govern debt gross domest product refer articl treati consolid govern interest expenditur import indic monitor budgetari situat member state interest expenditur intrins link govern debt govern debt report commiss member state consolid govern sector level govern debt interest expenditur made mutual consist methodolog esa point recognis kind analysi consolid aggreg signific gross figur figur interest expenditur provid commiss member state clarifi definit classif code esa subject revis context harmonis nation statist reason revis esa amend methodolog decid council commiss accord rule compet procedur laid treati regul ec articl regul ec stipul european system integr econom account continu purpos member state report commiss excess deficit procedur transit period report exercis septemb adopt regul articl regul ec amend articl replac text quot articl purpos protocol excess deficit procedur regul term paragraph defin european system nation region account commun hereinaft refer esa adopt regul ec code bracket refer esa govern mean sector gener govern central govern state govern local govern social secur fund exclus commerci oper defin esa exclus commerci oper mean sector gener govern compris institut unit produc market servic main activ govern deficit surplu mean net borrow net lend sector gener govern defin esa interest compris govern deficit interest defin esa govern invest mean gross fix capit format sector gener govern defin esa govern debt mean total gross debt nomin outstand end year sector gener govern except liabil financi asset held sector gener govern govern debt constitut liabil gener govern categori currenc deposit af secur share exclud financi deriv af loan af defin esa nomin liabil outstand end year face nomin index link liabil correspond face adjust index relat chang princip accru end year liabil denomin foreign currenc exchang foreign currenc contractu agreement foreign currenc convert foreign currenc rate agre contract convert nation currenc basi repres market exchang rate prevail work dai year liabil denomin nation currenc exchang contractu agreement foreign currenc convert foreign currenc rate agre contract convert nation currenc basi repres market exchang rate prevail work dai year liabil denomin foreign currenc exchang contractu agreement nation currenc convert nation currenc rate agre contract articl purpos protocol excess deficit procedur regul gross domest product mean gross domest product current market price gdp mp defin esa quot articl end indent term quot subsector quot replac quot subsector quot end articl term quot interest expenditur quot replac quot interest expenditur consolid quot articl replac text quot articl event revis esa amend methodolog decid council commiss accord rule compet procedur laid treati regul ec commiss introduc refer esa articl quot articl regul enter forc dai public offici journal european commun appli januari regul bind entireti directli applic member state brussel februari council presid pina moura opinion deliv februari publish offici journal oj oj council regul ec june european system nation region account commun oj