natgillin/translations-raw huggingface dataset:
( c ) Engrospriser ( d ) Nominel effektiv valutakurs over for 25 industrialiserede lande . Anm .
( c ) Wholesale prices . ( d ) Nominal effective exchange rate against 25 industrialised countries .
( e ) Nationale harmoniserede data .
( e ) National harmonised data ; annual average .
Østrig : Seneste inflationstendenser og prognoser ( årlig procentvis aendring , medmindre andet er angivet ) ( a ) Seneste tendenser i forbrugerpriserne Sep 97 Nationalt forbrugerprisindeks ( CPI ) Årlig procentvis ændring Ændring i gns .
Austria : Recent inflation trends and forecasts ( annual percentage change unless otherwise stated )
Okt 97 1,1 0,0 0,2
Oct 97 1.1 0.0 0.2
Nov 97 1,0 4,1 0,2
Nov 97 1.0 4.1 0.2
Dec 97 1,0 5,9 0,5
Dec 97 1.0 5.9 0.5
Jan 98 1,2 4,5 1,2
Jan 98 1.2 4.5 1.2
( b ) Prognoser for inflationen 1998 Europa-Kommissionen ( forår 1998 ) , HICP OECD ( december 1997 ) , forbrugsdeflator IMF ( oktober 1997 ) , CPI Kilde : Europa-Kommissionen ( prognose forår 1998 ) , OECD og IMF .
( b ) Inflation forecasts European Commission ( spring 1998 ) , HICP OECD ( December 1997 ) , private consumption deflator IMF ( October 1997 ) , CPI Source : European Commission ( spring 1998 forecasts ) , OECD and IMF . 1998 1.3 1.5 1.6
Østrig : Offentlige finanser ( procent af BNP )
Austria : General government financial position ( as a percentage of GDP )
Offentligt overskud (+) / underskud (-) Referencevaerdi Overskud (+) / underskud (-) , fratrukket offentlige investeringsudgifter ( b ) Offentlig bruttogaeld ( c ) Referencevaerdi Kilde : Europa-Kommissionen ( prognose forår 1998 ) og EMI-beregninger .
General government surplus (+) / deficit (-) Reference value Surplus (+) / deficit (-) , net of public investment expenditure ( b ) General government gross debt Reference value Source : European Commission ( spring 1998 forecasts ) and EMI calculations .
1998 ( a ) - 2,3 - 3 .
1998 ( a ) - 2.3 - 3 .
Østrig : Offentlig bruttogæld ( procent af BNP )
Austria : General government gross debt ( as a percentage of GDP )
( a ) Niveau 70 65 60 55 1990 1991 1992 1993 1994 1995 1996 1997
( a ) Levels 70 65 60 55 1990 1991 1992 1993 1994 1995 1996 1997
( b ) Årlige ændringer og underliggende faktorer Primær balance Vækst-rente forskel 6 4 2 0 - 2 - 4 - 6 1991 1992 1993 1994 1995 1996 1997 Stock-flow-justeringer Samlet ændring
( b ) Annual changes and underlying factors Primary balance 6 4 2 0 - 2 - 4 - 6 1991 1992 1993 1994 1995 1996 1997 Growth / interest rate differential Stock-flow adjustment Total change
af total ) 81,5 7,7 Gennemsnitlig løbetid ( c ) ( år ) ( d ) Sammensætning på løbetid ( pct . af total ) Kortfristet ( <1 år) . Mellemfristet (1-5 years) . Langfristet (> 5 år ) .
Austria : General government gross debt - structural features Total debt ( as a percentage of GDP ) Composition by currency ( a ) (% of total ) In domestic currency In foreign currencies Domestic ownership ( b ) (% of total ) Average maturity ( c ) ( years ) Composition by maturity ( d ) (% of total ) Short-term ( < 1 year) Medium-term (1-5 years) Long-term (> 5 years ) 1990 57.9 84.3 15.7 81.5 7.7 .
Afvigelser i totaler skyldes afrunding ( a ) 1990-93 Kun staten .
Differences in the totals are due to rounding . ( a ) 1990-93 Federal government only .
1997 er skøn .
1997 estimated .
( b ) 1990-93 statsgæld ;
( b ) 1990-93 Federal government debt ;
1994-96 offentlig gæld ;
1994-96 general government debt ;
alle positioner er delvise skøn .
all positions are partly estimated .
( c ) Restløbetid .
( c ) Residual maturity .
Kun statsgæld .
Federal government debt only .
( d ) Restløbetid .
( d ) Residual maturity .
Kun statsgæld ;
Federal government debt only ;
gæld knyttet til korte renter i henhold til løbetid .
debt linked to short-term interest rates according to maturity .
Østrig : Offentligt overskud (+) / underskud (-) ( procent af BNP )
Austria : General government surplus (+) / deficit (-) ( as a percentage of GDP )
Østrig : Offentlige udgifter og indtægter ( procent af BNP ) Udgifter i alt Indtægter i alt 60 55 50 45 1990 1991 1992 1993 1994 1995 1996 1997
Austria : General government expenditure and receipts ( as a percentage of GDP ) Total expenditure 60 55 50 45 1990 1991 1992 1993 1994 1995 1996 1997 Total current receipts
Østrig : Offentlige sektors budgetstilling ( procent af BNP )
Austria : General government budgetary position ( as a percentage of GDP )
1990 Løbende indtaegter i alt 47,8 Skatter 27,6 Sociale bidrag 15,7 Andre løbende indtægter 4,5 Udgifter i alt 50,2 Løbende overførsler 22,9 Faktiske renteudgifter 4,0 Offentligt forbrug 18,6 Kapitaludgifter , netto 4,7 Overskud (+) eller underskud (-) - 2,4 Primær balance 1,6 Overskud (+) eller underskud (-) fratrukket offentlige investeringsudgifter ( a ) .
Total current receipts Taxes Social security contributions Other current receipts Total expenditure Current transfers Actual interest payments Public consumption Net capital expenditure Surplus (+) or deficit (-) Primary balance Surplus (+) or deficit (-) , net of public investment expenditure ( a ) 1990 47.8 27.6 15.7 4.5 50.2 22.9 4.0 18.6 4.7 - 2.4 1.6 .
Østrig : Potentiel fremtidig gældskvotient under alternative antagelser ( procent af BNP ) Konstant offentlig saldo 65 Konstant primær balance Balanceret budget
Austria : Potential future debt ratios under alternative assumptions for fiscal balance ratios ( as a percentage of GDP ) Constant overall balance 65 Constant primary balance Balanced budget
af BNP , eller en primær balance på 1,7 pct . af BNP , eller alternativt at budgettet balancerer fra og med 1999 .
Note : The three scenarios assume that the debt ratio of 64.7% of GDP for 1998 is as forecast and that the 1998 overall balance of - 2.3% of GDP or the primary balance of 1.7% of GDP will be kept constant over the period considered ( as a percentage of GDP ) , or , alternatively , that a balanced budget is maintained from 1999 onwards .
De underliggende antagelser er en fortsat vækst i realt BNP som i 1998 på 2,5 pct . , som skønnet af Kommissionen ;
The underlying assumptions are a real trend GDP growth rate in 1998 of 2.5% as estimated by the Commission ;
en inflation på 2 pct ;
an inflation rate of 2 %;
Østrig : Fremskrivning af forsørgerbyrden 1990 Forsørgerbyrden ( andel af befolkningen over 64 år i forhold til andelen mellem 15 og 64 år ) 22,4 2000 23,3 2010 27,7 2020 2030 32,6 44,0
Austria : Projections of elderly dependency ratio 1990 Elderly dependency ratio ( population aged 65 and over as a proportion of the population aged 15-64 ) 22.4 2000 23.3 2010 27.7 2020 32.6 2030 44.0
( a ) Østrig : Valutakursstabilitet ( 1 . marts 1996 - 27 .
( a ) Austria : Exchange rate stability ( 1 March 1996 - 27 February 1998 )
Medlemskab af ERM Medlem siden Devaluering af bilaterale centralkurs på landets eget initiativ Maksimal afvigelse opad (+) og nedad (-) fra centralkurserne i ERM-båndet , pct . mod ( a ) belgiske franc danske kroner D-mark spanske pesetas franske franc irske pund italienske lire hollandske gylden portugisiske escudos finske mark
Membership of the Exchange Rate Mechanism ( ERM ) Membership since Devaluation of bilateral central rate on country 's own initiative Maximum upward (+) and downward (-) deviations from central rates in the ERM grid (%) against ( a ) Belgian franc Danish krone Deutsche Mark Spanish peseta French franc Irish pound Italian lira Dutch guilder Portuguese escudo Finnish markka
Ja 9 . januar 1995 Nej
Yes 9 January 1995 No
Afvigelser over for finske mark vedrører perioden fra 14 . oktober 1996 og frem , mens afvigelser over for italienske lire vedrører perioden fra 25 .
Deviations against the Finnish markka refer to the period from 14 October 1996 onwards , while deviations against the Italian lira refer to the period from 25 November 1996 onwards .
( b ) Væsentlige indikatorer for valutakursspændinger for østrigske schilling 3 måneders gennemsnit til ultimo : Valutakursvolatilitet ( a ) Spænd mellem korte renter ( b ) Maj 96 Aug 96 Nov 96 Feb 97 Maj 97 Aug 97 Nov 97 Feb 98 0,1 0,1 0,1 0,2 0,1 0,1 0,1 0,1 - 0,2 - 0,1 0,1 0,1 0,1 0,1 0,1 0,1
( b ) Key indicators of exchange rate pressure for the Austrian schilling Average of 3 months ending : Exchange rate volatility ( a ) Short-term interest rate differentials ( b ) May 96 Aug 96 Nov 96 0.1 - 0.2 0.1 - 0.1 0.1 0.1 Feb 97 May 97 Aug 97 Nov 97 Feb 98 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Østrigske schilling : Afvigelser fra de bilaterale centralkurser i ERM ( daglige observationer ;
Austrian schilling : Deviations from ERM bilateral central rates ( daily data ;
marts 1996 til 27 . februar 1998 ) ATS / BEF 15 10 5 0 - 5 - 10 - 15 2 .
1 March 1996 to 27 February 1998 ) ATS / BEF 15 10 5 0 - 5 - 10 - 15 Q2 1996 ATS / ITL
kv . 1996 3 .
ATS / DKK
ATS / DKK ATS / DEM ATS / ESP ATS / FRF
ATS / DEM ATS / ESP
ATS / IEP 15 10 5 0 - 5 - 10 - 15 2 .
ATS / FRF Q3
kv .
Q4 Q1
ATS / ITL
ATS / IEP
ATS / NLG
ATS / NLG
ATS / PTE
ATS / PTE
ATS / FIM
ATS / FIM
Kilde : Europa-Kommissionen Anm .
Source : European Commission .
Østrigske schilling : Mål for den reale effektive valutakurs over for ERMmedlemslande ( månedlige data ;
Austrian schilling : Measures of the real effective exchange rate vis - - vis ERM Member States ( monthly data ;
Gennemsnit apr 73-feb 98 Real effektiv valutakurs : Baseret på forbrugerpriser Baseret på producent - / engrospriser Memo : Nominel effektiv valutakurs 5,8 1,6 13,5
Average Apr 73-Feb 98 Real effective exchange rates : CPI-based PPI / WPI-based Memo item : Nominal effective exchange rate Source : BIS and EMI calculations .
Anm . : Et positivt ( negativt ) fortegn angiver en appreciering ( depreciering ) .
Note : A positive ( negative ) sign indicates an appreciation ( depreciation ) . Average Jan 87-Feb 98 1.1 0.1 2.5
Østrig : Udvikling i eksterne forhold ( procent af BNP ) Bet .
Austria : External developments ( as a percentage of GDP )
løbende poster plus ny kapitalpost Nettotilgodehavende i (+) eller gaeld til (-) udl . ( c ) Eksport ( varer og tjenester )( d ) Import ( varer og tjenester )( e )
Current account plus new capital account Net foreign assets (+) or liabilities (-) ( c ) Exports ( goods and services )( d ) Imports ( goods and services ) ( e )
1996 1997 ( a ) - 1,8 - 1,8 - 12,4 .
1996 1997 ( a ) - 1.8 - 1.8 - 12.4 .
Kilde : Nationale data bortset fra eksport og import ( Europa-Kommission , prognose forår 1998 ) .
Source : National data except exports and imports ( European Commission , spring 1998 forecasts ) .
udgave af IMFs betalingsbalancemanual , hvilket begrebsmaessigt svarer til betalingsbalancens løbende poster i tidligere udgaver af manualen .
( b ) According to the 5th edition of the IMF Balance of Payments Manual , which is conceptually the equivalent of the current account in previous editions of the Manual .
( c ) International investeringsposition ( IIP ) som defineret af IMF ( se Balance of Payments Yearbook , Part 1 , 1994 ) , eller naermest mulige substitut .
( c ) International investment position ( IIP ) as defined by the IMF ( see Balance of Payments Yearbook , Part 1 , 1994 ) , or the closest possible substitute .
( d ) I 1996 var andelen af vareeksport til EU-lande 59,7 pct . af den samlede vareeksport ;
( d ) In 1996 the share of intra-EU exports of goods in total national exports of goods was 59.7% ;
( e ) I 1996 var andelen af vareimport til EU-lande 74,8 pct . af den samlede vareimport ;
( e ) In 1996 the share of intra-EU imports of goods in total national imports of goods was 74.8% ;
Østrig : Lang rente ( procent )
Austria : Long-term interest rates ( percentages )
Lang rente Referenceværdi Kilde : Europa-Kommissionen 1996 6,3 9,1
1996 Long-term interest rate Reference value Source : European Commission .
Nov 97 5,6 -
Nov 97 5.6 -
Dec 97 5,4 -
Dec 97 5.4 -
Jan 98 5,2 - Feb 97 - jan 98 5,6 7,8
Jan 98 Feb 97 - Jan 98 5.2 5.6 7.8 6.3 9.1
( a ) Østrig : Lang rente ( månedsgennemsnit ;
( a ) Austria : Long-term interest rate ( monthly averages ;
procent ) 10 9 8 7 6 5 1990 1991 1992 1993 1994 1995 1996 1997
in percentages ) 10 9 8 7 6 5 1990
( b ) Østrig : Lang rente og forbrugerprisinflation , afvigelse fra EU-lande med laveste renter * ( månedsgennemsnit , procentpoint ) Lang rente 2 Forbrugerprisinflation
( b ) Austria : Long-term interest rate and CPI inflation differentials against EU countries with lowest long-term interest rates * ( monthly averages ; in percentage points ) Long-term interest rate differential 2
PORTUGAL Prisudvikling I referenceperioden fra februar 1997 til januar 1998 var den gennemsnitlige inflation i Portugal , målt ved det harmoniserede forbrugerprisindeks ( HICP ) , 1,8 pct .
PORTUGAL Price developments Over the reference period from February 1997 to January 1998 the average rate of HICP inflation in Portugal was 1.8% , i.e. well below the reference value of 2.7% .
I 1996 var den gennemsnitlige HICP-inflation 2,9 pct . ( se tabel 1 ) .
In 1996 average HICP inflation was 2.9% ( see Table 1 ) .
Set over de seneste to år har HICP-inflationen i Portugal været på et niveau , der i almindelighed anses som foreneligt med prisstabilitet .
Seen over the past two years , HICP inflation in Portugal has been reduced to a level which is generally considered to be consistent with price stability .
I tilbageblik har inflationen i Portugal , målt ved det nationale forbrugerprisindeks , været faldende siden begyndelsen af 1990erne , med en stigningstakt der faldt støt fra over 13 pct . i starten af årtiet ( se figur 1 ) .
Looking back , consumer price inflation in Portugal , as measured on the basis of the CPI , has followed a downward trend since the early 1990s , with the rate falling steadily from above 13 % at the start of the decade ( see Chart 1 ) .
Den faldende inflation afspejler en række vigtige politik-valg .
This experience of disinflation reflects a number of important policy choices .
Pengepolitikken har været rettet mod reduktion af inflationen , først via en ensidig binding til en kurv af ERM-valutaer , og derefter , fra og med foråret 1992 , via medlemskab af ERM .
Monetary policy has been geared increasingly towards the reduction of inflation rates , first through a unilateral link to a basket of ERM currencies , and then , from spring 1992 onwards , through membership of the ERM .
Denne generelle målsætning har været understøttet af justeringer af finanspolitikken , af reformer til at øge konkurrencen på produktmarkederne og af arbejdsmarkedsreformer .
This general orientation has been supported by adjustments in fiscal policy , reforms designed to enhance product market competition and labour market reforms .
Derudover har de makroøkonomiske forhold dæmmet op for et opadgående pres på priserne , specielt i forbindelse med en svag BNP-vækst i 1993-94 , hvor der opstod et negativt produktionsgab .
In addition , the macroeconomic environment has contributed to containing upward pressure on prices . In particular , in the context of weak GDP growth in 1993-94 , a negative output gap emerged .
I det efterfølgende konjunkturopsving er produktionsgabet gradvist blevet mindre ( se tabel 2 ) .
In the subsequent recovery , the output gap has been reduced gradually ( see Table 2 ) .
Med baggrund heri har væksten i lønninger og arbejdsgiverbidrag pr. ansat været begrænset , selv om der stadig er sket en betragtelig stigning .
Against this background , upward pressures on compensation per employee have been restrained although increases have still been considerable .
Væksten i enhedslønomkostningerne er aftaget markant i 1990'erne .
Growth in unit labour costs has decelerated markedly over the 1990s .
I det meste af den betragtede periode har udviklingen i importpriserne understøttet den inflationsdæmpende proces .
Import price developments have underpinned the disinflationary process during most of the period under review .
Den generelle udvikling mod en lav inflationstakt ses også i andre relevante prisindeks , selv om nogle af stigningstakterne overstiger HICP-inflationen i 1997 ( se tabel 2 ) .
The general trend towards lower rates of inflation is also apparent when it is measured in terms of other relevant price indices , while some measures exceeded HICP inflation in 1997 ( see Table 2 ) .
De seneste tendenser og prognoser viser en stabil forbrugerprisinflation ( procentvise ændring i forhold til samme måned året før ) på omkring 2 pct . , og der er ingen tegn på et umiddelbart opadgående pres , jf .
Looking at recent trends and forecasts , current outturns for consumer price inflation ( measured as a percentage change over the corresponding month a year earlier ) have been around 2 % and there are no signs of immediate upward pressure on the basis of the measures shown in Table 3a .
De fleste prognoser tyder på en inflation noget over 2 pct . i 1998 og 1999 ( se tabel 3b ) .
Most forecasts of inflation suggest a rate of somewhat above 2 % for 1998 and 1999 ( see Table 3b ) .
Truslerne mod prisstabilitet i denne periode er knyttet til en indsnævring af produktionsgabet og accelererende enhedslønomkostninger .
Risks for price stability over this period are associated with a narrowing of the output gap and accelerating unit labour costs .
På lidt længere sigt vil opretholdelsen af prisstabilitet i Portugal bl . a. afhænge af finanspolitikken på mellemlangt sigt .
Looking further ahead , maintaining an environment conducive to price stability relates in Portugal to , inter alia , the conduct of fiscal policies over the medium to long term ;
Det vil ligeledes være vigtigt at styrke økonomiskpolitiske tiltag , der sigter mod at øge konkurrencen på produktmarkederne og forbedre arbejdsmarkedets funktion .
it will be equally important to strengthen national policies aimed at enhancing competition in product markets and improving the functioning of labour markets .
Udviklingen i de offentlige finanser I referenceåret 1997 var underskuddet på de offentlige budgetter på 2,5 pct .
Fiscal developments In the reference year 1997 the general government deficit ratio was 2.5% , i.e. below the 3 % reference value , and the debt ratio was 62.0% , i.e. just above the 60 % reference value .
lige over referenceværdien på 60 pct . Sammenlignet med året før blev budgetunderskuddet mindsket med 0,7 procentpoints , og gælden faldt med 3,0 procentpoint .
Compared with the previous year , the deficit ratio has been reduced by 0.7 percentage point and the debt ratio has decreased by 3.0 percentage points .
I 1998 ventes budgetunderskuddet at falde til 2,2 pct . af BNP , mens gælden forventes at falde til 60,0 pct .
In 1998 the deficit ratio is forecast to decrease to 2.2% of GDP , while the debt ratio is projected to decrease to 60.0% , at the level of the reference value .
til niveauet for referenceværdien . I 1996 og 1997 oversteg budgetunderskuddet ikke de offentlige investeringer ( se tabel 4 ) .
In 1996 and 1997 the deficit ratio did not exceed the ratio of public investment expenditure to GDP ( see Table 4 ) .
I tilbageblik faldt den portugisiske gældskvotient med 3,3 procentpoints fra 1990 til 1997 . Efter et stort fald fra 67,3 pct .
215 Looking back over the years 1990 to 1997 , the Portuguese debt-to-GDP ratio declined by 3.3 percentage points .
i 1991 til 60,1 pct . i 1992 , steg kvotienten vedvarende indtil 1995 , hvor
After falling sharply to 60.1% in 1992 from 67.3% in 1991 , the ratio tended to increase continuously until 1995 , when it reached 65.9% .
i 1997 , dvs . et fald på 3,9 procentpoint over to år ( se figur 2a ) .
Thereafter , it was again on a declining trend , decreasing to 62.0% in 1997 ( see Chart 2a ) , i.e. a decline of 3.9 percentage points over two years .
Som det fremgår mere detaljeret af figur 2b , skyldes det store fald i 1992 både et stort primært overskud og en betydelig « stockflow-justering » , der afspejler et nettosalg af offentlige aktiver .
As is shown in greater detail in Chart 2b , the sharp drop in 1992 was the result of both a high primary surplus and a sizable stock-flow adjustment , reflecting a net disposal of government assets .
I årene 1993-95 forsvandt det primære overskud stort set , mens en negativ vækst-rente forskel forøgede gældskvotienten .
In the years 1993-95 the primary surplus almost disappeared , while a negative growth / interest rate differential increased the debt ratio .
I de sidste to år er det primære overskud steget , og dette har , sammen med en mindre ugunstig vækstrente forskel , vendt den opadgående tendens for gældskvotienten .
Finally , in the last two years , primary surpluses increased and , together with a less unfavourable growth / interest rate differential , reversed the upward trend in the debt ratio .
Det hidtil observerede mønster gennem 1990'erne kan ses som en illustration af de risici , der kan opstå for gældskvotienten , når de makroøkonomiske forhold forværres , og det primære overskud ikke er tilstrækkeligt stort til at modstå disse effekter .
The patterns observed thus far during the 1990s may be seen as indicative of the risks to the debt ratio which can arise when macroeconomic conditions deteriorate and these effects are not counterbalanced by a sufficiently high primary surplus .
Det kan i den forbindelse nævnes , at andelen af gæld med kort restløbetid er faldet fra et højt niveau i starten af 1990'erne , mens den gennemsnitlige løbetid stort set har været stabil ( se tabel 5 ) .
In this context , it may be noted that the share of debt with a short-term residual maturity has been decreasing from the high levels of the early 1990s , while the average maturity has remained broadly stable ( see Table 5 ) .
Med hensyn til 1997 er andelen af gæld med kort restløbetid stadig stor , og den offentlige budgetbalance er følsom overfor renteændringer , når man tager gældskvotientens nuværende niveau i betragtning .
With respect to 1997 , the proportion of debt with a short-term residual maturity is still high , and , taking into account the current level of the debt ratio , fiscal balances are sensitive to changes in interest rates .
Derudover er andelen af gæld i udenlandsk valuta vokset til et betragteligt niveau , hvilket medfører , at de offentlige finanser i princippet er relativt følsomme overfor valutakursændinger , selv om størstedelen af gælden i sidste ende kan blive redenomineret til euro .
In addition , the proportion of foreign currency debt has increased to noticeable levels , rendering fiscal balances in principle relatively sensitive to changes in exchange rates , although the bulk of this debt may eventually be redenominated in euro .
I 1990'erne har underskudskvotienten stort set været uændret indtil 1995 , hvorefter den forbedredes . Underskudskvotienten var på 5,1 pct .
During the 1990s a broadly flat trend until 1995 and subsequently improving outturns can be observed in the deficit-to-GDP ratio .
i 1990 og svingede derefter omkring 6 pct . indtil 1995 , bortset fra 1992 , hvor underskuddet var lavere .
Starting from a ratio of 5.1% in 1990 , the 216 deficit fluctuated around 6 % until 1995 , with the exception of a lower deficit in 1992 ;
i 1996 og 2,5 pct . i 1997 ( se figur 3a ) .
since then , the deficit has fallen to 3.2% in 1996 and 2.5% in 1997 ( see Chart 3a ) .
Som det fremgår mere detaljeret af figur 3b , der viser ændringerne i underskuddet , bidrog konjunktur-afhængige forhold til en stigning i underskudskvotienten frem til 1995 og til faldet i 1996-97 .
As is shown in greater detail in Chart 3b , which focuses on changes in deficits , cyclical factors contributed to an increase in the deficit ratio up to 1995 and to a reduction in 1996-97 , but the impact was small with the exception of 1993-94 .
De konjunkturuafhængige forbedringer kunne afspejle en « strukturel » udvikling mod mere balancerede offentlige finanser og / eller en række tiltag med midlertidig virkning .
However , the non-cyclical improvements could reflect a lasting , structural move toward more balanced fiscal policies and / or a variety of measures with temporary effects .
De foreliggende oplysninger viser , at sådanne tiltag med midlertidig virkning spillede en rolle i forbedringen af den offentlige budgetbalance i 1996 og 1997 , men påvirkningen oversteg ikke 0,2 pct .
Evidence available suggests that measures with a temporary effect played a role in improving the fiscal balance in 1996 and 1997 but that the impact did not exceed 0.2% of GDP .