council regul ec june compil transmiss data quarterli govern debt council european union regard treati establish european commun subparagraph articl thereof regard propos commiss regard opinion european parliament regard opinion european central bank council regul ec novemb applic protocol excess deficit procedur annex treati establish european commun definit govern debt outstand end year relev purpos excess deficit procedur lai timet report commiss annual govern debt annual govern data avail govern data includ govern debt data quarterli frequenc utmost import econom analysi proper monitor budgetari situat member state commiss regul ec februari implement council regul ec respect short term public financ statist regul ec european parliament council june quarterli financi account gener govern regul ec european parliament council march quarterli financi account gener govern cover compil transmiss quarterli data govern financi financi account extend quarterli govern debt sake clariti specif role regul ec implement excess deficit procedur compil transmiss quarterli govern debt data govern autonom legal act quarterli govern debt defin ensur consist definit govern debt outstand end year regul ec consist maintain event council amend regul ec commiss introduc refer european system account esa set council regul ec june european system nation region account european commun regul ec regul ec state quarterli data financi financi account gener govern transmit month end quarter refer transmiss lag quarterli govern debt data adopt regul articl definit purpos regul govern mean sector gener govern defin european system nation region account commun hereinaft refer esa adopt regul ec code bracket refer esa quarterli govern debt mean total gross debt nomin outstand end quarter sector gener govern except liabil financi asset held sector gener govern quarterli govern debt constitut liabil gener govern categori currenc deposit af secur share exclud financi deriv af loan af defin esa nomin liabil outstand end quarter face nomin index link liabil correspond face adjust index relat chang princip accru end quarter 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 quarter 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 quarter liabil denomin foreign currenc exchang contractu agreement nation currenc convert nation currenc rate agre contract articl timet member state compil transmit commiss data quarterli govern debt latest month end quarter data refer revis data previou quarter transmit time transmiss data quarterli govern debt place decemb commiss grant derog exceed year transmiss quarterli data nation statist system requir major chang articl back data back data relat quarter onward transmit decemb data provid estim approach articl amend council decid amend regul ec accord rule compet procedur laid treati council simultan amend articl regul definit contain consist commiss introduc refer esa articl regul ec accord articl thereof commiss simultan introduc refer articl regul definit contain consist articl entri forc regul enter forc dai public offici journal european union regul bind entireti directli applic member state luxembourg june council presid cullen opinion deliv march publish offici journal opinion april oj regul amend commiss regul ec oj oj oj oj oj regul amend regul ec european parliament council oj