natgillin/translations-raw huggingface dataset:
Based on the plans in the 2020 Stability Programme, Estonia's general government deficit in 2020 is expected to reach 10.1% of GDP, above and not close to the Treaty reference value of 3% of GDP.
Na temelju planova u Programu stabilnosti za 2020. očekuje se da će deficit opće države u Estoniji u 2020. dosegnuti 10,1 % BDP-a, što je iznad, a ne blizu referentne vrijednosti od 3 % BDP-a iz Ugovora.
According to the 2020 Stability Programme, Estonia plans a deficit of 10.1% of GDP in 2020, while debt is planned at 21.9% of GDP.
Estonija u 2020. planira deficit od 10,1 % BDP-a i dug od 21,9 % BDP-a.
According to the Stability Programme, Estonia's general government deficit in 2020 is planned to increase to 10.1% of GDP, above and not close to the 3% of GDP Treaty reference value.
Prema Programu stabilnosti planira se da će se deficit opće države u Estoniji u 2020. povećati na 10,1 % BDP-a, što nije blizu referentne vrijednosti od 3 % BDP-a iz Ugovora, nego iznad nje.
In order to ensure continuous and effective progress towards compliance during the transition period, Greece should respect simultaneously the following two conditions:
Kako bi osigurala stalan i učinkovit napredak prema usklađenosti tijekom prijelaznog razdoblja, Grčka bi trebala istodobno ispuniti dva sljedeća uvjeta:
Under the current circumstances, uncertainty about the fiscal and macroeconomic outlook is significantly higher than usual.
U sadašnjim okolnostima nesigurnost u pogledu fiskalnih i makroekonomskih izgleda znatno je veća nego što je uobičajeno.
The budgetary outcome was thus compliant with Greece's commitments monitored under the enhanced surveillance procedure.
Proračunski rezultat stoga je bio u skladu s obvezama Grčke koje se prate u okviru postupka pojačanog nadzora.
The impact of those measures on debt is mitigated by the expected use of cash financing.
Učinak tih mjera na dug ublažen je očekivanom uporabom gotovinskog financiranja.
Against this background, the Commission has therefore prepared this report, which represents the first step in the excessive deficit procedure.
Komisija je stoga pripremila ovo izvješće, koje je prvi korak u postupku u slučaju prekomjernog deficita.
At this stage, only very preliminary data were available to confirm the magnitude and the severity of the economic and fiscal hit.
U ovoj fazi bili su dostupni samo preliminarni podaci o razmjerima i ozbiljnosti gospodarskog i fiskalnog učinka.
More specifically, Greece pursued reforms in line with the post-programme commitments given at the meeting of the Eurogroup of 22 June 2018.
Točnije, Grčka je provela reforme u skladu s obvezama nakon provedbe programa koje je preuzela na sastanku Euroskupine 22. lipnja 2018.
The authorities also pursued a broader reform agenda, for instance in the area of good law-making, digital governance and education.
Grčka tijela provela su i širi program reformi, primjerice u području dobre izrade zakonodavstva, digitalnog upravljanja i obrazovanja.
Since 2016, real GDP growth has been recovering driven by net exports and private consumption.
Od 2016. rast realnog BDP-a oporavlja se zahvaljujući neto izvozu i privatnoj potrošnji.
In 2019, Greece implemented important reforms aimed to increase the efficiency of the Greek public sector, strengthen the effectiveness of social policy, advance the privatisation agenda and further improve the quality of the business environment.
Grčka je u 2019. provela važne reforme za povećanje učinkovitosti grčkog javnog sektora, jačanje djelotvornosti socijalne politike, ubrzanje plana privatizacije i daljnje poboljšanje kvalitete poslovnog okruženja.
Notably, the authorities continued taking steps to enhance the capacity of the Independent Authority for Public Revenue and enhance the human resource management in the public administration.
Konkretno, grčka tijela nastavila su poduzimati mjere za jačanje kapaciteta Neovisnog tijela za javne prihode i poboljšanje upravljanja ljudskim resursima u javnoj upravi.
This analysis confirms that notwithstanding risks, the debt position remains sustainable over the medium-term in Greece, which takes account of important mitigating factors (including the debt profile and the large share of official loans at depressed rates).
Ta analiza potvrđuje da je, bez obzira na rizike, stanje duga u Grčkoj u srednjoročnom razdoblju i dalje održivo, pri čemu se u obzir uzimaju brojni olakotni čimbenici (uključujući profil duga i velik udio službenih zajmova po smanjenim stopama).
Together with the fall in economic activity, these measures will contribute to substantially higher government deficit and debt positions.
Te će mjere zajedno sa smanjenjem gospodarske aktivnosti pridonijeti velikom povećanju stanja državnog deficita i duga.
On 11 May 2020, the Greek authorities transmitted a letter with relevant factors in accordance with Article 2(3) of Regulation (EC) No 1467/97.
Grčka nadležna tijela dostavila su 11. svibnja 2020. dopis s relevantnim čimbenicima u skladu s člankom 2. stavkom 3. Uredbe (EZ) br. 1467/97.
The consequences for GDP growth will depend on the duration of both the pandemic and of the measures being taken by national authorities and at European and global level to slow its spread, protect production capacities and support aggregate demand.
Posljedice na rast BDP-a ovisit će o trajanju pandemije i mjera koje se poduzimaju na nacionalnoj, europskoj i globalnoj razini da bi se usporilo širenje bolesti, zaštitili proizvodni kapaciteti i podržala ukupna potražnja.
The planned deficit for 2020 provides prima facie evidence of the existence of an excessive deficit for as defined by the Stability and Growth Pact.
Planirani deficit za 2020. dokaz je prima facie o postojanju prekomjernog deficita kako je definirano u Paktu o stabilnosti i rastu.
In spring 2018, the Council issued no country-specific recommendation to Greece in the context of the European Semester because pursuant to Article 12 of Regulation (EU) No 472/20132 Greece was exempt the monitoring and assessment under the European Semester at that time since it was under the programme.
Vijeće u proljeće 2018. nije izdalo nijednu preporuku za Grčku u okviru europskog semestra zato što je u skladu s člankom 12. Uredbe (EU) br. 472/20132 Grčka u to vrijeme sudjelovala u programu te je bila izuzeta od praćenja i ocjene u okviru europskog semestra.
That increase was due to the final disbursement under the programme in 2018, which contributed to the build-up of Greece's significant cash buffer.
Do tog je povećanja došlo zbog konačne isplate u okviru programa u 2018., što je pridonijelo stvaranju znatne rezerve gotovine u Grčkoj.
The Commission 2020 spring forecast projects GDP to decline by 9.7% in 2020, with tourism and shipping services - two very important sectors for Greece's economy - expected to be hit particularly hard and the expected to increase in unemployment may also depress domestic demand.
U Komisijinoj proljetnoj prognozi 2020. predviđa se da će BDP u 2020. pasti za 9,7 %, pri čemu se očekuje da će turističke i brodarske usluge, dva vrlo važna sektora grčkog gospodarstva, biti posebno teško pogođene, a očekivani rast nezaposlenosti mogao bi dovesti i do smanjenja domaće potražnje.
b.Second, at any time during the transition period, the remaining annual structural adjustment should not exceed ¾% of GDP (unless the first condition implies an annual effort above ¾% of GDP);
b.drugo, preostala godišnja strukturna prilagodba ne bi trebala ni u kojem trenutku tijekom prijelaznog razdoblja prelaziti ¾ % BDP-a (ako prvi uvjet ne podrazumijeva godišnji napor iznad ¾ % BDP-a);
Regarding the financial sector, some progress continued on reforms needed to clean up the stock of non-performing loans.
Kad je riječ o financijskom sektoru, ostvaren je dodatni napredak u provedbi reformi potrebnih za smanjenje količine loših kredita.
The structural balance in 2019 remained in high surplus, reaching 2.8%.
Strukturni saldo u 2019. i dalje bilježi velik suficit i dosegnuo je 2,8 %.
The majority of the measures aim to support companies and their employees who are affected by the COVID-19 pandemic either through a direct suspension of the companies' operation or the general deterioration of economic activity due to the containment measures.
Cilj je većine mjera pružiti potporu poduzećima i njihovim zaposlenicima koji su pogođeni krizom uzrokovanom pandemijom bolesti COVID-19 zbog izravne obustave poslovanja poduzeća ili općeg pogoršanja gospodarske aktivnosti nakon uvođenja mjera protiv širenja zaraze.
Since Greece was exempt from submitting Stability Programmes while it was subject to a macroeconomic adjustment programme (‘the programme'), the Greek authorities have not established a medium-term budgetary objective for 2019.
S obzirom na to da Grčka tijekom trajanja programa makroekonomske prilagodbe (dalje u tekstu „program") nije trebala podnositi programe stabilnosti, grčka tijela nisu utvrdila srednjoročni proračunski cilj za 2019.
Nominal growth increased until 2018, but declined somewhat in 2019.
Nominalni rast povećavao se do 2018., dok se u 2019. donekle smanjio.
The overall size of the measures is estimated to reach up to 10.5% of GDP with an estimated impact of 3.7% of GDP on the general government deficit.
Procjenjuje se da će mjere ukupno dosegnuti do 10,5 % BDP-a, uz procijenjeni učinak od 3,7 % BDP-a na deficit opće države.
COVID-19 pandemic and the activation of the general escape clause
4.1. Pandemija bolesti COVID-19 i aktivacija opće klauzule o odstupanju
Taking into account the impact of the COVID-19 pandemic on Greece's economy, the Commission spring forecast projects a contraction of real GDP in 2020 by 9.7%.
Uzimajući u obzir utjecaj pandemije bolesti COVID-19 na grčko gospodarstvo, u Komisijinoj proljetnoj prognozi predviđa se pad realnog BDP-a u 2020. za 9,7 %.
The cumulated high general government surpluses recorded over the same period as well as the nominal GDP growth would have otherwise resulted in the steadily declining debt path.
Kumulirani visoki suficit opće države zabilježen u istom razdoblju i rast nominalnog BDP-a inače bi doveli do stalnog pada duga.
This is a mitigating factor in the assessment of Greece's compliance with the deficit criterion in 2020.
To je olakotni čimbenik u procjeni usklađenosti Grčke s kriterijem deficita u 2020.
As regards compliance with the debt criterion in 2019, the relevant factors, in particular (i) the observed macroeconomic conditions; (ii) some progress with the implementation of growth enhancing structural reforms in past years, and (iii) the compliance with Greece's fiscal targets in the context of the enhanced surveillance, lead to the conclusion that the debt criterion as defined in the Treaty and in Regulation (EC) No 1467/1997 is complied with.
Kada je riječ o usklađenosti s kriterijem duga u 2019., na temelju relevantnih čimbenika, a posebno i. uočenih makroekonomskih uvjeta; ii. određenog napretka u provedbi strukturnih reformi za poticanje rasta proteklih godina i iii. usklađenosti s fiskalnim ciljevima Grčke u kontekstu pojačanog nadzora, zaključuje se da je ispunjen kriterij duga kako je definiran u Ugovoru i Uredbi (EZ) br. 1467/1997.
The notified data show that Greece did not make sufficient progress towards meeting the debt reduction benchmark in 2019, as the structural balance is estimated to have deteriorated by -2.2% of GDP last year, compared with the applicable MLSA of 0.8% of GDP.
Dostavljeni podaci pokazuju da Grčka nije ostvarila dostatni napredak prema ispunjenju referentnog mjerila za smanjenje duga u 2019. jer se procjenjuje da se strukturni saldo prošle godine pogoršao za -2,2 % BDP-a u usporedbi s primjenjivim MLSA-om od 0,8 % BDP-a.
Graph 1: Government debt-to-GDP ratio, Greece, % of GDP
Udio državnog duga u BDP-u, Grčka, % BDP-a
In view of the ongoing pandemic, the authorities have adopted fiscal measures of an unprecedented amount to address the COVID-19 crisis and to support the economy.
S obzirom na aktualnu pandemiju grčka su tijela donijela dosad nezabilježen broj fiskalnih mjera za borbu protiv krize uzrokovane pandemijom bolesti COVID-19 i potporu gospodarstvu.
a.First, the annual structural adjustment should not deviate by more than ¼% of GDP from the Minimum Linear Structural Adjustment (MLSA) ensuring that the debt reduction benchmark is met by the end of the transition period;
a.Prvo, godišnja strukturna prilagodba ne bi trebala odstupati od MLSP-a više od ¼ % BDP-a, čime se osigurava da će referentno mjerilo za smanjenje duga biti ispunjeno do kraja prijelaznog razdoblja;
The headline surplus increased from 1.0% of GDP in 2018 to 1.5% in 2019, due to solid economic growth, contained expenditure growth, and the receipt of transfers of equivalent amounts to the income earned by euro-area national central banks on Greek government bonds held under the Agreement on Net Financial Assets (ANFA) and the Securities Market Programme (SMP).
Ukupni suficit povećao se s 1,0 % BDP-a u 2018. na 1,5 % u 2019. zbog stabilnog gospodarskog rasta, ograničenog rasta rashoda i primitka prijenosa iznosa koji su jednaki dobiti nacionalnih središnjih banaka europodručja od grčkih državnih obveznica u okviru sporazuma o neto financijskoj imovini (ANFA) i i programa za tržišta vrijednosnih papira (SMP).
Under those circumstances, the assessment of year 2019 is conducted in the absence of a medium-term budgetary objective, taking into account the factors mentioned above, the primary surplus target recommended by the Council and monitored under the enhanced surveillance procedure, as well as the structural budget balance for 2019.
U tim posebnim okolnostima ocjena za 2019. provodi se bez srednjoročnog proračunskog cilja, uzimajući u obzir prethodno navedene čimbenike, ciljni primarni suficit koji je preporučilo Vijeće i koji se prati u okviru postupka pojačanog nadzora te strukturni proračunski saldo za 2019.
Following the abrogation of the excessive deficit procedure in September 2017, Greece was subject to a three-year transition period to ensure sufficient progress towards compliance with the debt reduction benchmark.
Nakon obustave postupka u slučaju prekomjernog deficita u rujnu 2017. za Grčku je započelo trogodišnje prijelazno razdoblje u kojem bi trebala osigurati dostatan napredak prema usklađenosti s referentnim mjerilom za smanjenje duga.
Compliance with its fiscal requirements under the enhanced surveillance procedure is a mitigating factor for the assessment of Greece's prima facie non-compliance with the debt criterion in 2019.
Usklađenost s fiskalnim zahtjevima u okviru postupka pojačanog nadzora olakotni je čimbenik za procjenu prima facie neusklađenosti Grčke s kriterijem duga u 2019.
Moreover, the data for 2019 imply insufficient progress towards compliance with the debt reduction benchmark, which also provides prima facie evidence of the existence of an excessive deficit as defined by the Stability and Growth Pact.
Nadalje, podaci za 2019. upućuju na nedovoljan napredak u usklađivanju s referentnim mjerilom za smanjenje duga, što je prima facie dokaz o postojanju prekomjernog deficita kako je definirano u Paktu o stabilnosti i rastu.
Data notified by the Greek authorities on 31 March 2020 and subsequently validated by Eurostat 3 confirms a general government primary surplus of 4.4% of GDP in 2019, which is equivalent to a primary surplus monitored under the enhanced surveillance procedure 4 of 3.5% of GDP.
Podaci koje su grčka tijela dostavila 31. ožujka 2020. i koje je naknadno potvrdio Eurostat 3 potvrđuju primarni suficit opće države od 4,4 % BDP-a u 2019., što odgovara primarnom suficitu koji se prati u okviru postupka pojačanog nadzora 4 od 3,5 % BDP-a.
It analyses Greece's compliance with the deficit and debt criteria of the Treaty.
U njemu je analizirala ispunjava li Grčka kriterije deficita i duga iz Ugovora.
Nevertheless, it cannot be argued that macroeconomic conditions are a mitigating factor in explaining Greece's lack of sufficient progress towards meeting the debt reduction benchmark in 2019.
Međutim, ne može se tvrditi da su makroekonomski uvjeti olakotni čimbenik kojim se objašnjava izostanak dostatnog napretka Grčke u ispunjavanju referentnog mjerila za smanjenje duga u 2019.
The increase in the debt ratio is mostly due to the large drop in nominal GDP and the deterioration of the primary balance due to the cyclical developments and the fiscal measures addressing the COVID-19 crisis.
Povećanje udjela duga uglavnom je posljedica velikog pada nominalnog BDP-a i pogoršanja primarnog salda zbog cikličkih kretanja i fiskalnih mjera za ublažavanje krize uzrokovane pandemijom bolesti COVID-19.
In particular, while the debt position deteriorates as a result of the COVID-19 crisis, the debt-to-GDP ratio in the baseline is expected to be on a sustainable (declining) trajectory over the medium term 5 (Graph 1).
Konkretno, iako se zbog krize uzrokovane pandemijom bolesti COVID-19 stanje duga pogoršalo, udio duga u BDP-u u osnovnom scenariju trebao bi u srednjoročnom razdoblju biti održiv (opadajući) (grafikon 1.) 5 .
Data notified by the Greek authorities on 22 April 2020 and subsequently validated by Eurostat 1 show that the general government surplus in Greece reached 1.5% of GDP in 2019, while general government gross debt stood at 176.6% of GDP.
Iz podataka koje su grčka nadležna tijela dostavila 22. travnja 2020. i koje je naknadno potvrdio Eurostat 1 vidljivo je da je u 2019. suficit opće države u Grčkoj dosegnuo 1,5 % BDP-a, dok je bruto dug opće države iznosio 176,6 % BDP-a.
Greece did not make sufficient progress towards meeting the debt reduction benchmark in 2019.
Grčka nije ostvarila dovoljan napredak prema usklađenosti s referentnim mjerilom za smanjenje duga u 2019.
In 2019, the public debt-to-GDP ratio declined to 176.6%, reflecting the high general government headline surplus and the nominal GDP growth and the debt-reducing impact of stock-flow adjustments.
U 2019. udio javnog duga u BDP-u smanjio se na 176,6 %, što je rezultat visokog ukupnog suficita opće države i rasta nominalnog BDP-a te učinka prilagodbi stanja i tokova na smanjenje duga.
As specified in Article 2(4) of Regulation (EC) No 1467/97, as regards compliance with the deficit criterion in 2020, since the government debt-to-GDP ratio exceeds the 60% reference value and the double condition is not met - i.e. that the deficit remains close to the reference value and that its excess over the reference value is temporary - those relevant factors cannot be taken into account in the steps leading to the decision on the existence of an excessive deficit on the basis of the deficit criterion for Greece.
Kako je utvrđeno u članku 2. stavku 4. Uredbe (EZ) br. 1467/97 kad je riječ o ispunjenju kriterija deficita u 2020., budući da udio državnog duga u BDP-u premašuje referentnu vrijednost od 60 % i da dvostruki uvjet nije ispunjen, tj. da deficit ostane blizu referentne vrijednosti i da je prekoračenje referentne vrijednosti privremeno, ti se relevantni čimbenici ne mogu uzeti u obzir u postupcima koji prethode odluci o postojanju prekomjernog deficita na temelju kriterija deficita za Grčku.
Public investment is estimated to have fallen from 3.0% of GDP in 2018 to 2.2% in 2019.
Procjenjuje se da su javna ulaganja pala s 3,0 % BDP-a u 2018. na 2,2 % BDP-a u 2019.
According to the Commission 2020 spring forecast, general government debt is expected to rise from 176.6% of GDP in 2019 to 196.4% in 2020.
Prema Komisijinoj proljetnoj prognozi 2020. očekuje se rast duga opće države sa 176,6 % BDP-a u 2019. na 196,4 % BDP-a u 2020.
The government debt-to-GDP ratio decreased from 181.2% in 2018 to 176.6% in 2019.
Udio državnog duga u BDP-u smanjio se sa 181,2 % u 2018. na 176,6 % u 2019.
In its 2020 Country Report 2 , the Commission assessed that Greece had made some progress in addressing the 2019 Country Specific Recommendations.
2 Komisija je ocijenila da je Grčka ostvarila ograničeni napredak u provedbi preporuka za tu zemlju iz 2019.
According the 2020 Stability Programme, Greece plans a deficit of -4.7% of GDP in 2020, while debt is planned at 188.8% of GDP.
Grčka u 2020. planira deficit od -4,7 % BDP-a i dug od 188,8 % BDP-a.
The debt reduction was due to the high primary surplus reached in 2019, which was augmented by strong real GDP growth and the increase in the GDP deflator, and by a marginally debt-reducing impact of stock-flow adjustments.
Do smanjenja duga došlo je zbog visokog primarnog suficita postignutog u 2019., koji je povećan snažnim rastom realnog BDP-a i rastom deflatora BDP-a te neznatnim učinkom prilagodbi stanja i tokova na smanjenje duga.
Government debt decreased between 2016 and 2017 from 178.5% to 176.2% of GDP, and then increased markedly in 2018 to 181.2% of GDP.
Državni dug smanjio se sa 178,5 % BDP-a u 2016. na 176,2 % BDP-a u 2017., a zatim se znatno povećao na 181,2 % BDP-a u 2018.
The planned excess over the Treaty reference value would be temporary, based on the Commission 2020 spring forecast, which projects the decifit to fall under 3% of GDP in 2021.
Prema Komisijinoj proljetnoj prognozi 2020. planirano prekoračenje referentne vrijednosti iz Ugovora trebalo bi biti privremeno i deficit bi u 2021. trebao pasti ispod 3 % BDP-a.
Based on the 2020 Stability Programme, Greece's general government deficit in 2020 is expected to reach 4.7% of GDP, above and not close to the Treaty reference value of 3% of GDP.
Programa stabilnosti za 2020. očekuje se da će deficit opće države u Grčkoj u 2020. dosegnuti 4,7 % BDP-a, što je iznad, a ne blizu referentne vrijednosti od 3 % BDP-a iz Ugovora.
The general government gross debt stood at 176.6% of GDP at the end of 2019, above the 60% of GDP Treaty reference value.
Bruto dug opće države krajem 2019. iznosio je 176,6 % BDP-a, što je iznad referentne vrijednosti od 60 % BDP-a iz Ugovora.
According to the Stability Programme, Greece's general government deficit in 2020 is planned to reach 4.7% of GDP, above and not close to the 3% of GDP Treaty reference value.
Prema Programu stabilnosti planira se da će deficit opće države u Grčkoj u 2020. dosegnuti 4,7 % BDP-a, što nije blizu referentne vrijednosti od 3 % BDP-a iz Ugovora, nego iznad nje.
Economic activity is expected to be severly impacted by the COVID-19 outbreak and the related containment measures.
Očekuje se da će pandemija bolesti COVID-19 i s njom povezane mjere protiv širenja zaraze negativno utjecati na gospodarsku aktivnost.
Furthermore, the average maturity and cost of servicing public debt improved substantially.
Nadalje, prosječno dospijeće i trošak servisiranja javnog duga znatno su se poboljšali.
The macroeconomic imbalances (high levels of debt and external liabilities) improved below their 2008 levels.
Makroekonomske neravnoteže (visoka razina duga i vanjskih obveza) pale su ispod razine iz 2008.
At the same time, exports should suffer due to particulartly large strong suppression measures put in place in Croatia's main trading partners (Italy, Slovenia and Austria).
Istovremeno bi mogao trpjeti i izvoz zbog osobito strogih mjera za suzbijanje širenja pandemije koje su uveli glavni trgovinski partneri Hrvatske (Italija, Slovenija i Austrija).
In 2019, real output finally surpassed its 2008 level and the unemployment rate reached an all-time low.
U 2019. stvarni output napokon je premašio razinu iz 2008., a stopa nezaposlenosti dosegnula je rekordno nisku razinu.
That analysis confirms that, notwithstanding risks (including those linked to the high share of foreign currency-denominated debt), the debt position remains sustainable over the medium term, which also reflects the debt reduction in recent years.
Ta analiza potvrđuje da je, bez obzira na rizike (uključujući rizike visokog udjela duga denominiranog u stranoj valuti), stanje duga u srednjoročnom razdoblju i dalje održivo, što odražava i njegovo smanjenje posljednjih godina.
On 11 May 2020, the Croatian authorities transmitted a letter with relevant factors in accordance with Article 2(3) of Regulation (EC) No 1467/97.
Hrvatska nadležna tijela dostavila su 11. svibnja 2020. dopis s relevantnim čimbenicima u skladu s člankom 2. stavkom 3. Uredbe (EZ) br. 1467/97.