council regul ec novemb applic protocol excess deficit procedur annex treati establish european commun council european union regard treati establish european commun subparagraph articl thereof regard propos commiss regard opinion european parliament definit govern deficit invest laid protocol excess deficit procedur refer european system integr econom account esa precis definit refer classif code esa requir definit subject revis context harmon nation statist reason revis esa decid council accord rule compet procedur laid treati definit debt laid protocol excess deficit procedur amplifi refer classif code esa council direct eec euratom februari harmon compil gross nation product market price adequ detail definit gross domest product market price pursuant term protocol excess deficit procedur commiss requir provid statist data procedur detail rule requir organ prompt regular report member state commiss plan actual deficit level debt pursuant articl treati commiss monitor develop budgetari situat stock govern debt member state examin complianc budgetari disciplin basi criteria relat govern deficit govern debt member state fulfil requir criteria commiss account relev factor commiss examin risk excess deficit member state adopt regul section definit articl purpos protocol excess deficit procedur regul term paragraph defin european system integr econom account esa code bracket refer esa edit govern mean sector gener govern central 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 sum 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 bill short term bond long term bond short term loan medium long term loan defin esa nomin liabil outstand end year face nomin index link liabil correspond face adjust index relat capit uplift accru end year liabil denomin foreign currenc convert nation currenc repres market exchang rate prevail work dai year articl gross domest product mean gross domest product market price gdp mp defin articl direct eec euratom articl plan govern deficit figur figur establish current year member state consist recent decis budgetari author actual govern deficit govern debt level figur estim provision half final final result past year section rule coverag report articl begin member state report commiss plan actual govern deficit level govern debt year time march current year year time septemb year march year member state report commiss plan govern deficit year date estim actual govern deficit year actual govern deficit year simultan provid commiss year public account budget deficit definit promin nation figur explain transit public account budget deficit govern deficit figur explain transit provid commiss includ figur net borrow subsector report commiss estim level actual govern debt end year level actual govern debt year simultan provid commiss year figur explain contribut govern deficit relev factor contribut variat level govern debt septemb year member state report commiss updat plan govern deficit year actual govern deficit year compli requir indent paragraph actual level govern debt year compli requir fourth indent paragraph figur plan govern deficit report commiss accord paragraph express nation currenc budget year figur actual govern deficit actual govern debt level report commiss accord paragraph express nation currenc calendar year except date estim year express budget year budget year differ calendar year member state report commiss figur actual govern deficit actual govern debt level budget year budget year preced current budget year articl member state accord procedur laid articl provid commiss figur govern invest expenditur interest expenditur articl member state provid commiss forecast gross domest product year actual amount gross domest product year time condit articl articl event revis esa decid council accord rule compet procedur laid treati commiss introduc refer esa articl articl regul enter forc januari regul bind entireti directli applic member state brussel novemb council presid ph maystadt oj oj oj statist offic european commun european system integr econom account esa edit oj