natgillin/translations-raw huggingface dataset:
Finally, it also puts forward the argument that exceptionally low inflation has slowed down the pace of debt reduction.
Nazadnje trdijo tudi, da je izjemno nizka inflacija upočasnila hitrost zmanjševanja dolga.
The Stability Programme provides information on substantial measures taken to contain the pandemic and support the economy and reports a total of around 3% of GDP in support measures in response to the crisis.
Program stabilnosti vsebuje informacije o obsežnih ukrepih, ki so bili sprejeti za zajezitev pandemije ter podporo gospodarstvu, in poroča o skupnem znesku v višini približno 3 % BDP, namenjenemu za podporne ukrepe v odziv na krizo.
There is an exceptionally high level of uncertainty about the evolution of the pandemic and the pace of relaxation of the restrictions to economic activity and the short-term response of private agents to it.
Obstaja izjemno visoka stopnja negotovosti v zvezi z razvojem pandemije ter hitrostjo sproščanja omejitev gospodarske aktivnosti in kratkoročnim odzivom zasebnih akterjev.
However, the outbreak of the pandemic in early March led to the adoption of strict virus containment measures that are expected to result in a sharp contraction of output in the first half of the year.
Vendar je izbruh pandemije v začetku marca privedel do uvedbe strogih ukrepov za zajezitev virusa, zaradi katerih naj bi se proizvodnja v prvi polovici leta močno zmanjšala.
(1) See Commission Staff Working Document SWD (2020) 508 final, 26.2.2020, "Country Report Spain 2020.
(1) Glej delovni dokument služb Komisije SWD(2020) 508 final z dne 26. februarja 2020 z naslovom „Poročilo o državi - Španija 2020".
Including an In-Depth Review on the prevention and correction of macroeconomic imbalances".
Poročilo vsebuje poglobljeni pregled o preprečevanju in odpravljanju makroekonomskih neravnotežij.
There was also only limited progress in reducing early school leaving and improving educational outcomes, in increasing cooperation between education and businesses, in fostering innovation, and in upgrading rail freight infrastructure and energy interconnections, as well as in implementing the Law of Market Unity.
Prav tako je bil dosežen le omejen napredek pri zmanjševanju zgodnjega opuščanja šolanja in izboljšanju rezultatov izobraževanja, povečevanju sodelovanja med izobraževalnimi ustanovami in gospodarstvom, spodbujanju inovacij ter nadgradnji infrastrukture za železniški tovorni promet in energetskih povezav, pa tudi pri izvajanju zakona o enotnosti trga.
In particular, (real) actual GDP growth is driven by its potential growth and affected by any additional fiscal adjustment considered (through the fiscal multiplier).
(Realna) dejanska rast BDP temelji zlasti na potencialni rasti, poleg tega pa nanjo vpliva vsaka dodatna fiskalna prilagoditev, ki se upošteva (z uporabo fiskalnega multiplikatorja).
Additional factors not mentioned above are the difficulties in 2019 to form a government with full powers, which resulted in two general elections being held, and the failure to have the 2019 budget bill adopted by parliament.
Dodatni dejavniki, ki zgoraj niso navedeni, so težave pri oblikovanju vlade s polnimi pooblastili v letu 2019, kar je privedlo do izvedbe dvojih splošnih volitev, in nesprejetje zakona o proračunu za leto 2019 v parlamentu.
(2) Council Recommendation of 13 July 2018 on the 2018 National Reform Programme of Spain and delivering a Council opinion on the 2018 Stability Programme of Spain, OJ C 320, 10.9.2018 p 33
(2) Priporočilo Sveta z dne 13. julija 2018 v zvezi z nacionalnim programom reform Španije za leto 2018 in mnenje Sveta o programu stabilnosti Španije za leto 2018 (UL C 320, 10.9.2018, str. 33).
Against this background, the Commission has therefore prepared this report, which analyses Spain's compliance with the deficit and debt criteria of the Treaty.
Komisija je zato pripravila to poročilo, v katerem je analizirano, kako Španija izpolnjuje merili glede primanjkljaja in dolga iz Pogodbe.
The Commission estimate of the budgetary imapct of these measures is smaller (at 0.8% of GDP), as it considers a large share of the expenditure on short-term work schemes as part of the normal operation of the automatic stabilisers, whereas the programme appears to report the gross impact of these schemes under the budgetary measures taken in response to the crisis.
Komisija ocenjuje, da bodo proračunske posledice teh ukrepov manjše (0,8 % BDP), saj meni, da je velik delež odhodkov za sheme krajšega delovnega časa del običajnega delovanja avtomatskih stabilizatorjev, medtem ko se zdi, da program poroča o bruto učinku teh shem v okviru proračunskih ukrepov, sprejetih v odziv na krizo.
While output should rebound strongly once restrictions are lifted, the recovery is expected to be uneven across sectors, and the lost output is not expected to be fully recovered within the forecast horizon.
Medtem ko bi se morala po odpravi omejitev proizvodnja ponovno močno povečati, se pričakuje, da bo okrevanje po sektorjih neenakomerno, izgubljene proizvodnje pa v obdobju, ki ga zajema napoved, predvidoma ne bo mogoče v celoti nadomestiti.
Overall, the debt sustainability assessment indicates that notwithstanding risks, the debt position remains sustainable over the medium-term, which takes account of important mitigating factors (including the debt profile).
Ocena vzdržnosti dolga na splošno kaže, da je stanje dolga kljub tveganjem srednjeročno še vedno vzdržno, pri čemer so upoštevani pomembni olajševalni dejavniki (vključno s profilom dolga).
In its 2020 Country Report 1 , the Commission assessed that Spain has made limited progress in addressing the 2019 Country Specific Recommendations.
Komisija je v poročilu za posamezno državo za leto 2020 1 ocenila, da je Španija dosegla omejen napredek pri obravnavanju priporočil za posamezne države iz leta 2019.
(3) The baseline is based on the Commission spring 2020 forecast.
(3) Osnovni scenarij temelji na pomladanski napovedi Komisije 2020.
In the current situation, a key additional factor to take into consideration regarding 2020 is the economic impact of the COVID-19 pandemic, which has a very substantial impact on the budgetary situation and results in a highly uncertain outlook.
V trenutnih razmerah so ključni dodatni dejavnik, ki ga je treba upoštevati v zvezi z letom 2020, gospodarski učinki pandemije COVID-19, ki zelo močno vpliva na proračunsko stanje in pomeni veliko negotovost glede prihodnjih obetov.
As regards compliance with the debt criterion in 2019, the relevant factors, in particular (i) the observed macroeconomic conditions; (ii) the implementation of growth enhancing structural reforms in past years, and (iii) the significant deviation from the recommended adjustment path towards the medium term budgetary objective, leads to the conclusion that the debt criterion as defined by in the Treaty and in Regulation (EC) No 1467/1997 is not complied with.
Kar zadeva izpolnjevanje merila glede dolga v letu 2019, pomembni dejavniki, zlasti (i) ugotovljeni makroekonomski pogoji; (ii) izvajanje strukturnih reform za spodbujanje rasti v preteklih letih in (iii) znaten odklon od priporočene prilagoditvene poti za dosego srednjeročnega proračunskega cilja, kažejo, da merilo glede dolga, kot je opredeljeno v Pogodbi in Uredbi (ES) št. 1467/1997, ni izpolnjeno.
In particular, compensation of employees and social transfers, including pensions, contributed to the rapid expansion of expenditure.
K hitremu naraščanju odhodkov so prispevali zlasti sredstva za zaposlene in socialni transferji, vključno s pokojninami.
The planned deficit for 2020 provides prima facie evidence of the existence of an excessive deficit as defined by the Stability and Growth Pact.
Predvideni primanjkljaj za leto 2020 predstavlja prima facie dokaz o obstoju čezmernega primanjkljaja, kot ga opredeljuje Pakt za stabilnost in rast.
Concretely, Spain made some progress in modernising and increasing the capacity of employment and social services, whereas limited progress was achieved in improving the fiscal and public procurement frameworks, in reducing the use of temporary contracts, and in improving family support and coverage gaps in unemployment and social benefits.
Konkretno je Španija dosegla določen napredek pri modernizaciji in povečevanju zmogljivosti služb za zaposlovanje in socialnih služb, omejen napredek pa je bil dosežen pri izboljševanju fiskalnega okvira in okvira javnega naročanja, zmanjševanju uporabe pogodb za določen čas ter izboljševanju podpore družinam in odpravi vrzeli v pokritosti z nadomestili za brezposelnost ter socialnimi prejemki in nadomestili.
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.prvič, letna strukturna prilagoditev ne bi smela odstopati za več kot 0,25 % BDP od minimalne linearne strukturne prilagoditve, da bi se zagotovilo, da bo merilo glede zmanjšanja dolga izpolnjeno do konca prehodnega obdobja;
For the apparent breach of the debt criterion, the analysis of the relevant factors is particularly warranted given that debt dynamics are to a larger extent influenced by factors outside the control of the government than is the case for the deficit.
Kar zadeva očitno kršitev merila glede dolga je analiza pomembnih dejavnikov še posebej utemeljena, saj na dinamiko dolga, za razliko od dinamike primanjkljaja, v večji meri vplivajo dejavniki, ki jih vlada ne more nadzirati.
This is recognised in Article 2() of Regulation (EC) No 1467/97, which provides that the relevant factors shall be taken into account when assessing compliance on the basis of the debt criterion, irrespective of the size of the breach.
To je priznano v členu 2 Uredbe (ES) št. 1467/97, ki določa, da se pomembni dejavniki upoštevajo pri oceni izpolnjevanja merila glede dolga, ne glede na resnost kršitve.
Following the abrogation of the excessive deficit procedure in June 2019, Spain is subject to a three-year transition period to ensure sufficient progress towards compliance with the debt reduction benchmark.
Potem ko je Svet junija 2019 zaključil postopek v zvezi s čezmernim primanjkljajem, je za Španijo začelo veljati triletno prehodno obdobje, v katerem bi morala zagotoviti zadosten napredek pri izpolnjevanju merila glede zmanjšanja dolga.
Moreover, the letter mentions some unforeseen events having an impact in 2019, which the authorities claim to be of a one-off nature; the need to balance the need to reduce government debt against the need to reduce unemployment and other social imbalances; and the progress Spain has continued to make in the correction of macroeconomic imbalances.
Poleg tega so v dopisu navedeni nekateri nepredvideni dogodki, ki so vplivali na leto 2019 in za katere nacionalni organi trdijo, da so enkratni; potrebno uravnoteženje potrebe po zmanjšanju javnega dolga s potrebo po zmanjšanju brezposelnosti in drugih socialnih neravnotežij ter nadaljnje doseganje napredka Španije pri odpravljanju makroekonomskih neravnotežij.
On 13 July 2018, Spain was recommended to ensure that the nominal growth rate of primary government expenditure, net of discretionary revenue measures and one-offs, did not exceed 0.6% in 2019 (‘the expenditure benchmark'), corresponding to a structural adjustment of 0.65% of GDP 2 .
Španiji je bilo 13. julija 2018 priporočeno, naj zagotovi, da nominalna stopnja rasti primarnih javnofinančnih odhodkov brez diskrecijskih ukrepov na strani prihodkov in enkratnih ukrepov v letu 2019 ne bo presegla 0,6 % (merilo rasti odhodkov), kar je ustrezalo strukturni prilagoditvi v višini 0,65 % BDP 2 .
The letter also refers to recent debt developments and argues that the gap to the debt-reduction benchmark would be small as compared to deviations recorded in the past by other Member States, thereby raising the issue of fairness and equal treatment.
Španski organi se v dopisu sklicujejo tudi na nedavna gibanja dolga in trdijo, da bi bila vrzel pri merilu glede zmanjšanja dolga majhna v primerjavi z odklonom, ki so ga v preteklosti zabeležile druge države članice, in s tem izpostavljajo vprašanje pravičnosti in enake obravnave.
In that respect, at least the following three main aspects need to be considered when assessing compliance with the debt criterion, given their impact on the debt dynamics and sustainability: (i) adherence to the MTO or the adjustment path towards it, (ii) the implementation of structural reforms, and (iii) the prevailing economic conditions.
V tem smislu je treba pri oceni izpolnjevanja merila glede dolga z vidika učinka na dinamiko in vzdržnost dolga upoštevati vsaj naslednje tri glavne vidike: (i) upoštevanje srednjeročnega proračunskega cilja ali prilagoditvene poti za dosego tega cilja, (ii) izvajanje strukturnih reform in (iii) prevladujoče gospodarske razmere.
The Commission 2020 winter forecast projected it to remain robust at 1.6% in 2020.
Glede na zimsko napoved Komisije iz leta 2020 naj bi v letu 2020 ostala stabilna pri 1,6 %.
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 - the 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 Spain.
Kot je določeno v členu 2(4) Uredbe (ES) št. 1467/97, kar zadeva izpolnjevanje merila glede primanjkljaja v letu 2020, ker delež javnega dolga v BDP presega referenčno vrednost 60 % BDP in ni izpolnjen dvojni pogoj - tj. da primanjkljaj ostaja blizu referenčne vrednosti in da je referenčna vrednost presežena le začasno -, navedenih pomembnih dejavnikov v korakih, ki so podlaga za sklep o obstoju čezmernega primanjkljaja v Španiji na podlagi merila glede primanjkljaja, ni mogoče upoštevati.
Moreover, the data for 2019 imply insufficient progress towards 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.
Poleg tega podatki za leto 2019 kažejo na nezadosten napredek pri doseganju merila glede zmanjšanja dolga, kar tudi predstavlja prima facie dokaz o obstoju čezmernega primanjkljaja, kot ga opredeljuje Pakt za stabilnost in rast.
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.drugič, preostala letna strukturna prilagoditev v nobenem trenutku prehodnega obdobja ne bi smela presegati 0,75 % BDP (razen če prvi pogoj pomeni letni napor, ki presega 0,75 % BDP).
The structural balance deteriorated by 0.5% of GDP in 2019, thus also pointing to a significant deviation of 1.2% of GDP in 2019.
Strukturni saldo se je v letu 2019 poslabšal za 0,5 % BDP, kar prav tako kaže na znaten odklon za 1,2 % BDP v letu 2019.
Based on outturn data and the Commission forecast, expenditure growth exceeded the benchmark, with a deviation from the recommended adjustment path towards the medium-term budgetary objecitve of 1.6% of GDP in 2019, thus pointing to a significant devation.
Na podlagi podatkov o realizaciji in napovedi Komisije je rast odhodkov presegla to merilo, saj je odklon od priporočene prilagoditvene poti za približevanje srednjeročnemu proračunskemu cilju v letu 2019 znašal 1,6 % BDP, kar kaže na znaten odklon.
The debt-increasing effect stemming from the headline primary deficit and interest expenditure was more than offset by real GDP growth and the increase in the GDP deflator, and by the debt-reducing impact of stock-flow adjustments.
Učinek nominalnega primarnega primanjkljaja in odhodkov za obresti na povečanje dolga so več kot izravnali realna rast BDP in povečanje deflatorja BDP ter učinek prilagoditev stanj in tokov, ki dolg zmanjšujejo.
In particular, while the government debt position has deteriorated as a result of the COVID-19 crisis, the debt- ratio in the baseline is expected to be on a sustainable (slightly declining) trajectory over the medium term.
Stanje javnega dolga se je zaradi krize ob izbruhu COVID-19 sicer poslabšalo, vendar se pričakuje, da bo delež javnega dolga po osnovnem scenariju srednjeročno ostal na vzdržni poti (rahlega zniževanja) 3 .
Taking into account the impact of the COVID-19 pandemic, the Commission 2020 spring forecast projects a contraction of real GDP growth in 2020 by 9.4%.
Ob upoštevanju vpliva pandemije COVID-19 pomladanska napoved Komisije 2020 v letu 2020 predvideva zmanjšanje realne rasti BDP za 9,4 %.
Data notified by the Spanish authorities on 31 March 2020 as validated by Eurostat show that the general government deficit in Spain reached 2.8% of GDP in 2019, while general government gross debt stood at 95.5% of GDP.
Podatki, ki so jih španski organi sporočili 31. marca 2020, kot jih je potrdil Eurostat, kažejo, da je primanjkljaj sektorja država v Španiji leta 2019 dosegel 2,8 % BDP, bruto dolg sektorja država pa je znašal 95,5 % BDP.
The projected sharp drop in GDP is a mitigating factor in the assessment of Spain's compliance with the deficit criterion in 2020.
Predvideni izraziti padec BDP je olajševalni dejavnik pri oceni, kako Španija v letu 2020 izpolnjuje merilo glede primanjkljaja.
While the Spanish economy was on a moderating growth path before the outbreak of the COVID‑19 pandemic, it still enjoyed above-potential and above euro area average growth of 2.0% in 2019.
Čeprav se je rast španskega gospodarstva pred izbruhom pandemije COVID-19 umirjala, je z 2,0 % v letu 2019 še vedno presegala potencial in povprečje v euroobmočju.
The planned excess over the Treaty reference value is not temporary based on the Commission 2020 spring forecast, which projects the deficit to remain above 3% of GDP in 2021.
Načrtovano preseganje referenčne vrednosti iz Pogodbe glede na pomladansko napoved Komisije 2020 ni začasno, saj naj bi primanjkljaj v letu 2021 ostal nad referenčno vrednostjo 3 % BDP.
The headline deficit increased from 2.5% of GDP in 2018 to 2.8% in 2019, due to expenditure growing faster than nominal GDP while tax revenue increased in line with it.
Nominalni primanjkljaj se je povečal z 2,5 % BDP v letu 2018 na 2,8 % v letu 2019, ker so se odhodki povečevali hitreje kot nominalni BDP, medtem ko so se davčni prihodki v skladu z njim povečali.
According to the 2020 Stability Programme, Spain plans a deficit of 10.3% of GDP in 2020, while debt is planned at 115.5% of GDP.
V skladu s programom stabilnosti za leto 2020 Španija v letu 2020 načrtuje primanjkljaj v višini 10,3 % BDP, dolg pa naj bi znašal 115,5 % BDP.
The notified data show that Spain did not make sufficient progress towards meeting the debt reduction benchmark in 2019 (see Table 1), as the gap to the MLSA amounted to 1.1% of GDP.
Iz sporočenih podatkov je razvidno, da Španija leta 2019 ni dosegla zadostnega napredka pri izpolnjevanju merila glede zmanjšanja dolga (glej tabelo 1), saj je razlika do minimalne linearne strukturne prilagoditve znašala 1,1 % BDP.
Spain did not make sufficient progress towards meeting the debt reduction benchmark in 2019.
Španija v letu 2019 ni dosegla zadostnega napredka pri izpolnjevanju merila glede zmanjšanja dolga.
Hence, it cannot be argued that macroeconomic conditions are a mitigating factor in explaining Spain's lack of sufficient progress towards meeting the debt reduction benchmark in 2019.
Zato ni mogoče trditi, da so makroekonomski pogoji olajševalni dejavnik, s katerim bi se lahko pojasnilo, zakaj Španija pri izpolnjevanju merila glede zmanjšanja dolga leta 2019 ni dosegla zadostnega napredka.
Government investment is estimated to have fallen from 2.1% of GDP in 2018 to 2.0% in 2019, still below the general government deficit in 2019.
Po ocenah se je obseg javnih naložb zmanjšal z 2,1 % BDP v letu 2018 na 2,0 % v letu 2019, kar je še vedno pod primanjkljajem sektorja država v letu 2019.
In 2019, the government debt-to-GDP ratio decreased further to 95.5% of GDP, mainly reflecting debt-decreasing stock-flow adjustment, but also the fact that the debt-reducing impact of nominal GDP growth was still greater than the increase in debt stemming from the general government deficit.
V letu 2019 se je delež javnega dolga v BDP nadalje zmanjšal na 95,5 % BDP, kar je predvsem posledica prilagoditve stanj in tokov, ki zmanjšuje dolg, pa tudi dejstva, da je bil učinek nominalne rasti BDP, ki zmanjšuje dolg, še vedno večji od povečanja dolga, ki izhaja iz primanjkljaja sektorja država.
The government debt-to-GDP ratio decreased from 97.6% in 2018 to 95.5% in 2019.
Delež javnega dolga v BDP se je zmanjšal s 97,6 % BDP v letu 2018 na 95,5 % BDP v letu 2019.
Government debt declined steadily between 2016 and 2018, from 99.2% to 97.6% of GDP, due to relatively strong nominal GDP growth more than offsetting both the cumulated general government deficits and the debt-increasing impact of stock-flow adjustments recorded over the same period.
Javni dolg se je med letoma 2016 in 2018 vztrajno zmanjševal, in sicer z 99,2 % na 97,6 % BDP, zaradi relativno močne nominalne rasti BDP, ki je več kot izravnala kumulirane primanjkljaje sektorja država in učinek prilagoditev stanj in tokov na povečanje dolga v istem obdobju.
The overall assessment points to a significant deviation from the recommended adjustment path towards the MTO in 2019.
Celovita ocena kaže na znaten odklon od priporočene prilagoditvene poti za dosego srednjeročnega proračunskega cilja v letu 2019.
The general government gross debt stood at 95.5% of GDP at the end of 2019, above the 60% of GDP Treaty reference value.
Bruto dolg sektorja država je ob koncu leta 2019 znašal 95,5 % BDP, kar je nad referenčno vrednostjo 60 % BDP iz Pogodbe.
According to the Commission 2020 spring forecast, general government debt is expected to rise from 95.5% of GDP in 2019 to 115.6% of GDP in 2020.
V skladu s pomladansko napovedjo Komisije 2020 naj bi se dolg sektorja država povečal s 95,5 % BDP, kolikor je znašal v letu 2019, na 115,6 % BDP v letu 2020.
The lack of compliance with the preventive arm requirements is an aggravating factor for the assessment of Spain's prima facie non-compliance with the debt criterion in 2019.
Neizpolnjevanje zahtev preventivnega dela je oteževalni dejavnik pri oceni, da Španija v letu 2019 prima facie ni izpolnjevala merila glede dolga.
The European Commision 2020 spring forecast projects GDP to contract by 9.4% on average in 2020.
Napoved Evropske komisije iz pomladi 2020 predvideva, da se bo BDP v letu 2020 v povprečju zmanjšal za 9,4 %.
Under the adverse scenario, higher interest rates (by 500 bps.)
Pri neugodnem scenariju se v primerjavi z osnovnim scenarijem predpostavljajo višje obrestne mere (za 500 bazičnih točk) in nižja rast BDP (za -0,5 odstotne točke) (v celotnem obdobju, ki ga zajema napoved).
Based on the 2020 Stability Programme, Spain's general government deficit in 2020 is expected to reach 10.3% of GDP, above and not close to the Treaty reference value of 3% of GDP.
Na podlagi programa stabilnosti za leto 2020 naj bi primanjkljaj sektorja država Španije v letu 2020 dosegel 10,3 % BDP, kar je nad referenčno vrednostjo iz Pogodbe, ki znaša 3 % BDP, in ni blizu nje.
According to the Stability Programme, Spain's general government deficit in 2020 is planned to increase to 10.3% of GDP, above and not close to the 3% of GDP Treaty reference value.
V skladu s programom stabilnosti naj bi se primanjkljaj sektorja država v Španiji v letu 2020 povečal na 10,3 % BDP, kar je nad referenčno vrednostjo iz Pogodbe, ki znaša 3 % BDP, in ni blizu nje.
stands for "not relevant".
pa pomeni „ni relevantno".
The economy performed strongly in the first two months of 2020.
Gospodarstvo je v prvih dveh mesecih leta 2020 doseglo dobre rezultate.
Other factors put forward by the Member State
4.5 Drugi dejavniki, ki jih je izpostavila država članica