6 Amendments of Astrid LULLING related to 2010/0277(NLE)
Amendment 78 #
Recital 10
10. Commission forecasts provide Member States with a useful benchmark for their central scenario, enhancing the validity of the forecasts used for budgetary planning, although the extent to which Member States can be expected to take the Commission forecasts into consideration will vary according to the timing of forecast preparation and the comparability of the forecast methodologies and assumptions. Forecasts from other independent bodies, at national and/or international level (such as the International Monetary Fund or the Organisation for Economic Co- operation and Development), can provide useful benchmarks.
Amendment 125 #
Article 3 – paragraph 2 – point a
(a) cash-based fiscal data at a monthly frequency, covering government with each sub-sector thereof separately identified, before the end of the following month, (or an equivalent figure from public accounting if cash- based data is not available) at the following frequencies: – monthly, for central government, extra- budgetary funds, state government and social security funds, with each sub-sector thereof separately identified, before the end of the following relevant month, and – quarterly, for local government, within one month of the end of the relevant quarter;
Amendment 131 #
Article 4 – paragraph 1 a (new)
1a. Member States shall ensure that fiscal planning is based on realistic macroeconomic and budgetary forecasts using the most up-to-date information. Budgetary planning shall be based on the most likely macro-fiscal scenario or on a more prudent scenario that highlights in detail deviations from the most likely macro-fiscal scenario. The macroeconomic and budgetary forecasts shall be prepared taking into account the Commission forecasts and those of other independent bodies as appropriate. Significant divergences between the chosen macro-fiscal scenario and these forecasts shall be explained.
Amendment 144 #
Article 4 – paragraph 4 a (new)
4a. If, over the course of three consecutive years, the Commission's forecasts provide a significantly more accurate reflection of actual economic activity than those of participating Member States, then those Member States shall be required, subject to a Council decision to that effect, to base their budgetary planning on the Commission's forecasts or to use the forecasts of independent national bodies. The Council shall monitor the situation and shall repeal any decision adopted under the first subparagraph where it deems that the Member State is producing forecasts adequate to meeting the requirements of this Article.
Amendment 147 #
Article 5 – paragraph 1 – introductory part
Member States shall have in place national binding numerical fiscal rules that effectively promote compliance with their respective obligations deriving from the Treaty in the area of budgetary policy. Such rules shall include in particular:
Amendment 181 #
Article 14 – paragraph 1 – subparagraph 1
1. Member States shall bring into force the provisions necessary to comply with this Directive by 31 December 20132 at the latest. They shall forthwith communicate to the Commission the text of those provisions and a correlation table between those provisions and this Directive.