CELEX: 11992M/PRO/DE/02
Language: en
Date: 1992-02-07 00:00:00
Title: Treaty on European Union - Protocol on the excessive deficit procedure - Article 2

Avis juridique important

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11992M/PRO/DE/02

Treaty on European Union - Protocol on the excessive deficit procedure - Article 2  

Official Journal C 191 , 29/07/1992 P. 0084

 Article 2  In Article 104c of this Treaty and in this Protocol:  -  government means general government, that is central government, regional or local government  and social security funds, to the exclusion of commercial operations, as defined in the European System of Integrated Economic Accounts;  -  deficit means net borrowing as defined in the European System of Integrated Economic Accounts;  -  investment means gross fixed capital formation as defined in the European System of Integrated Economic Accounts;  -  debt means total gross debt at nominal value outstanding at the end of the year and consolidated between and within the sectors of general government as defined in the first indent.