natgillin/translations-raw huggingface dataset:
The method used , involving a correction for exceptional events , is documented in « New procedure for constructing Eurosystem and ECB staff projection ranges » , ECB , December 2009 , also available on the ECB 's website .
Uporabljena metoda , ki vključuje korekcijo za izjemne dogodke , je utemeljena v dokumentu „New procedure for constructing Eurosystem and ECB staff projection ranges » , ECB , december 2009 , ki je dostopen tudi na spletni strani ECB .
Oil and food price assumptions are based on futures prices up to the end of the projection horizon .
Predpostavke o cenah nafte in hrane temeljijo na terminskih cenah do konca obdobja projekcij .
For other commodities , prices are assumed to follow futures until the third quarter of 2011 and thereafter to develop in line with global economic activity .
Pri cenah drugih primarnih surovin se predpostavlja , da bodo sledile cenam terminskih pogodb do tretjega četrtletja 2011 , potem pa se gibale skladno s svetovno gospodarsko aktivnostjo .
The technical long-term interest rate assumption for the euro area is calculated up to the cut-off date as the average of the countries » ten-year benchmark bond yields , weighted by annual GDP figures .
Tehnična predpostavka o dolgoročnih obrestnih merah je do presečnega datuma izračunana kot povprečje donosnosti desetletnih referenčnih obveznic držav članic euroobmočja , tehtano z letnim BDP teh držav .
It is then prolonged over the projection horizon using the profile of the forward path derived from the ECB euro area yield curve .
Nato je do konca obdobja projekcij podaljšano z uporabo prihodnjega gibanja krivulje donosnosti v euroobmočju , ki jo pripravlja ECB .
ECB ECB staff macroeconomic projections for the euro area September 2010 2
ECB Makroekonomske projekcije strokovnjakov ECB za euroobmočje september 2010
further normalisation of financial markets as well as improvements in confidence and the labour market are expected to support global activity .
Predpostavke glede zunanjega okolja Okrevanje svetovnega gospodarstva se nadaljuje , čeprav v drugi polovici leta 2010 z manjšo hitrostjo zaradi pojemajočih spodbud cikla zalog in javnofinančnih ukrepov .
Growth in most emerging economies appears vigorous .
Pozneje naj bi svetovno gospodarsko aktivnost spodbujali nadaljnja normalizacija finančnih trgov ter izboljšanje zaupanja in razmer na trgu dela .
This contrasts with the more subdued recovery in advanced economies where the confluence of weak labour market prospects with the deleveraging process is expected to weigh on growth .
Za razliko je okrevanje v razvitih gospodarstvih zmernejše , njihovo rast pa naj bi v prihodnje zavirala šibek trg dela in proces razdolževanja .
In spite of the recovery projected over the whole horizon , economic slack is therefore expected to persist in several advanced economies .
Kljub okrevanju v celotnem obdobju projekcij naj bi se torej več razvitih gospodarstev spopadalo z neizkoriščenim gospodarskim potencialom .
World real GDP outside the euro area is assumed to grow , on average , by 5.1% in 2010 and 4.4% in 2011 .
Svetovni realni BDP zunaj euroobmočja naj bi se v povprečju povečal za 5,1% v letu 2010 in za 4,4% v letu 2011 .
Reflecting the significant recovery in global trade , growth in the euro area 's export markets is assumed to increase to 10.4% in 2010 and 7.1% in 2011 .
Rast izvoznih trgov euroobmočja naj bi v letu 2010 znašala 10,4% , v letu 2011 pa 7,1% , k čemur bo prispevalo precejšnje okrevanje svetovne trgovinske menjave .
Real GDP growth projections Euro area real GDP growth rebounded strongly in the second quarter of 2010 .
Projekcije realne rasti BDP Realni BDP euroobmočja si je v drugem četrtletju 2010 močno opomogel .
Available information suggests that domestic demand grew strongly , partly because investment surged after adverse weather conditions affected the first quarter , while net exports and inventories also contributed to growth .
Razpoložljivi podatki kažejo , da je domače povpraševanje močno raslo , med drugim zaradi skokovite rasti naložb po neugodnih vremenskih razmerah v prvem četrtletju , k rasti pa so prispevali tudi neto izvoz in zaloge .
Over the remainder of 2010 , as previously envisaged , the rate of growth is expected to diminish somewhat , as the factors that temporarily boosted growth in the initial phase of the recovery -- such as fiscal stimuli , the inventory cycle and the rebound in trade -- lose some strength .
Do konca leta naj bi se stopnja rasti , kot že predvideno , nekoliko zmanjšala , ker bodo dejavniki , kot so javnofinančne spodbude , cikel zalog in oživitev trgovinske menjave , ki so začasno spodbujali rast v začetni stopnji okrevanja , izgubili nekaj moči .
Looking further ahead , economic activity is projected to pick up , supported by the recovery in exports and by gradually rising domestic demand , reflecting the effects of past monetary policy moves and significant efforts to restore the functioning of the financial system .
Gledano dolgoročneje se pričakuje , da se bo gospodarska aktivnost okrepila z okrevanjem izvoza in postopno krepitvijo domačega povpraševanja ter bo odražala učinke preteklih ukrepov denarne politike in velikih prizadevanj za obnovitev delovanja finančnega sistema .
However , compared with previous cycles , the recovery is projected to remain rather moderate , owing to the need for balance sheet repair in various sectors .
V primerjavi s prejšnjimi cikli naj bi bilo okrevanje dokaj zmerno , kar gre pripisati potrebnim popravkom bilanc v različnih sektorjih .
Private consumption is also expected to be affected by modest income dynamics .
Tudi na zasebno potrošnjo naj bi vplivala skromna rast dohodka .
In addition , the outlook also takes into account ongoing fiscal adjustments aimed at consolidating confidence in medium-term sustainability .
Poleg tega projekcije upoštevajo tudi aktualno javnofinančno prilagajanje , katerega namen je okrepitev zaupanja v srednjeročno vzdržnost javnih financ .
In annual terms , following a decline of 4.0% in 2009 , real GDP growth is expected to rebound but remain moderate over the horizon , ranging between 1.4% and 1.8% in 2010 and between 0.5% and 2.3% in 2011 .
Potem ko je realni BDP v letu 2009 padel za 4 %, naj bi v obdobju projekcij spet rasel , čeprav umirjeno , in sicer po stopnji 1,4% do 1,8% v letu 2010 oziroma po stopnji 0,5% do 2,3% v letu 2011 .
As estimates of annual potential growth are also projected to be lower than pre-crisis rates , the output gap is expected to narrow over the projection horizon .
Proizvodna vrzel naj bi se v obdobju projekcij zožila , saj so tudi ocene letne potencialne rasti nižje kot pred recesijo .
1 ) The projections for real GDP and its components are based on working day-adjusted data .
1 ) Projekcije realnega BDP in njegovih komponent temeljijo na podatkih , ki so prilagojeni za število delovnih dni .
2 ) Estonia is included in the euro area projections for 2011 .
2 ) Estonija je vključena v projekcije za euroobmočje za leto 2011 .
The average annual percentage changes for 2011 are based on a euro area composition in 2010 that already includes Estonia .
Povprečne medletne spremembe v odstotkih za leto 2011 temeljijo na sestavi euroobmočja , ki Estonijo vključuje že v letu 2010 .
Price and cost projections Having reached 1.6% in August , overall HICP inflation is projected to increase slightly by the end of the year , largely owing to effects from commodity price developments . Later on , while imported inflation moderates , domestic price pressures are expected to increase alongside the gradual improvement in
ECB Makroekonomske projekcije strokovnjakov ECB za euroobmočje september 2010 Projekcije cen in stroškov Skupna inflacija po HICP , ki je avgusta dosegla 1,6% , naj bi se do konca leta nekoliko povečala , zlasti zaradi učinkov gibanja cen primarnih surovin .
ECB ECB staff macroeconomic projections for the euro area September 2010 activity , leading to a slow rise in the inflation of the HICP excluding food and energy .
Pozneje naj bi se z umiritvijo uvožene inflacije povečali cenovni pritiski iz domačega okolja , skupaj s postopnim izboljšanjem aktivnosti , kar bo imelo za posledico počasno rast inflacije po HICP brez upoštevanja cen hrane in energentov .
Overall , inflationary pressures are , however , expected to remain contained until 2011 , with headline inflation being projected to be broadly stable overall at annual rates between 1.5% and 1.7% in 2010 and 1.2% and 2.2% in 2011 .
Na splošno pa naj bi inflacijski pritiski ostali zmerni do leta 2011 . Skupna inflacija naj bi bila v glavnem stabilna , na letni ravni med 1,5% in 1,7% v letu 2010 in med 1,2% in 2,2% v letu 2011 .
Growth in compensation per hour in the euro area is projected to decrease in 2010 .
Rast plač na uro v euroobmočju naj bi se leta 2010 zmanjšala .
As the labour market situation remains weak , little additional wage pressure is expected in 2011 .
Tudi v letu 2011 se pričakujejo majhni plačni pritiski glede na še vedno šibek trg dela .
Taking into account the expected strong recovery in labour productivity , the projected profile of wages implies a substantial decline in unit labour costs in 2010 .
Glede na pričakovano močno okrevanje produktivnosti dela to kaže na močno znižanje stroškov dela na enoto proizvoda v letu 2010 .
This , in turn , is projected to allow a strong recovery in profit margins from the substantial contraction experienced in 2009 , with more modest growth thereafter .
To naj bi po drugi strani omogočilo močno okrepitev profitnih marž , ki so se v letu 2009 precej zmanjšale , nato pa beležile le skromno rast .
Comparison with the June 2010 projections Compared with the Eurosystem staff macroeconomic projections published in the June 2010 issue of the Monthly Bulletin , the projection range for real GDP growth in 2010 lies significantly above the previous range , reflecting mainly the stronger than anticipated rebound in growth in the second quarter as well as indications of better than expected developments later in the year .
Primerjava s projekcijami iz junija 2010 V primerjavi z makroekonomskimi projekcijami strokovnjakov Eurosistema , ki so bile objavljene v Mesečnem biltenu ECB junija 2010 , leži razpon predvidene realne rasti BDP precej višje , kar je zlasti odraz nepričakovano visoke rasti v drugem četrtletju in znakov , da bodo tudi gibanja pozneje v letu 2010 presegla pričakovanja .
For 2011 the range has been revised slightly upwards , reflecting mainly carry-over effects from the projected stronger growth towards the end of 2010 .
Razpon za leto 2011 je bil nekoliko popravljen navzgor , predvsem zaradi učinka prenosa višje rasti , ki je bila napovedana za obdobje proti koncu leta 2010 .
With regard to HICP inflation , the range for 2010 has been adjusted marginally upwards with respect to that of June 2010 , while for 2011 the lower end of the range has been revised slightly upwards .
V zvezi z inflacijo po HICP je bil razpon za leto 2010 glede na junij 2010 malenkostno popravljen navzgor , za leto 2011 pa je bila nekoliko popravljena navzgor samo njegova nižja vrednost .
Table B Comparison with the June 2010 projections ( average annual percentage changes )
Tabela B Primerjava s projekcijami iz junija 2010 ( povprečne medletne spremembe v odstotkih )
Real GDP -- June 2010 Real GDP -- September 2010 HICP -- June 2010 HICP -- September 2010
Realni BDP -- junij 2010 Realni BDP -- september 2010 HICP -- junij 2010 HICP -- september 2010
Comparison with forecasts by other institutions A number of forecasts for the euro area are available from both international organisations and private sector institutions .
Primerjava z napovedmi drugih institucij Številne napovedi za euroobmočje pripravljajo tudi druge mednarodne organizacije in zasebne institucije .
However , these forecasts are not strictly comparable with one another or with the ECB staff macroeconomic projections , as they were finalised at different points in time .
Te napovedi niso popolnoma primerljive med seboj ali s projekcijami strokovnjakov ECB , saj so bile dokončane v različnih časovnih obdobjih .
According to the forecasts currently available from other organisations and institutions , euro area real GDP growth is expected to range between 0.9% and 1.2% in 2010 .
Glede na trenutno razpoložljive napovedi drugih organizacij in institucij bo realna rast BDP euroobmočja po pričakovanjih znašala med 0,9% in 1,2% v letu 2010 .
This is below the range of the ECB staff projections and likely reflects the fact that the forecasts were made before the release of data showing strong growth in the second quarter of the year .
To je pod razponom napovedi strokovnjakov ECB , kar je verjetno posledica dejstva , da so bile napovedi narejene pred objavo podatkov , ki kažejo močno rast v drugem četrtletju leta .
The range of projections for 2011 is between 1.3% and 1.8% , which is well within the range of the ECB staff projections .
Razpon napovedi za leto 2011 pa je med 1,3% in 1,8% , kar je bolj ali manj v okviru razpona strokovnjakov ECB .
As regards inflation , available forecasts anticipate average annual HICP inflation to be between 1.1% and 1.5% in 2010 , which is slightly below the range of the ECB staff projections .
Kar zadeva inflacijo , razpoložljive napovedi drugih institucij predvidevajo , da se bo povprečna medletna inflacija po HICP v letu 2010 gibala med 1,1% in 1,5% , kar je ECB Makroekonomske projekcije strokovnjakov ECB za euroobmočje september 2010
HICP inflation forecasts for 2011 range between 1.0% and 1.7% , all but the OECD forecast being within the range of the ECB staff projections . ECB ECB staff macroeconomic projections for the euro area September 2010
nekoliko pod razponom strokovnjakov ECB . V letu 2011 naj bi se inflacija po HICP gibala med 1,0% in 1,7% , pri čemer so vse napovedi vseh drugih institucij razen OECD v razponu strokovnjakov ECB .
Table C Comparison of forecasts for euro area real GDP growth and HICP inflation ( average annual percentage changes )
Tabela C Primerjava napovedi realne rasti BDP in inflacije po HICP za euroobmočje ( povprečne medletne spremembe v odstotkih )
Date of release OECD European Commission IMF Survey of Professional Forecasters Consensus Economics Forecasts ECB staff projections May 2010 May 2010 July 2010 July 2010 August 2010 September 2010
Datum objave OECD Evropska komisija MDS Survey of Professional Forecasters Consensus Economics Forecasts Projekcije strokovnjakov ECB maj 2010 maj 2010 julij 2010 julij 2010 avgust 2010 september 2010
GDP growth 2010 2011 1.2 1.8 0.9 1.5 1.0 1.3 1.1 1.4 1.2 1.4 1.4 -- 1.8 0.5 -- 2.3
Rast BDP 2010 2011 1,2 1,8 0,9 1,5 1,0 1,3 1,1 1,4 1,2 1,4 1,4 -- 1,8 0,5 -- 2,3
HICP inflation 2010 2011 1.4 1.0 1.5 1.7 1.1 1.3 1.4 1.5 1.5 1.6 1.5 -- 1.7 1.2 -- 2.2
Inflacija po HICP 2010 2011 1,4 1,0 1,5 1,7 1,1 1,3 1,4 1,5 1,5 1,6 1,5 -- 1,7 1,2 -- 2,2
Sources : European Commission spring forecast , May 2010 ;
Viri : European Commission spring forecasts ( maj 2010 ) ;
IMF World Economic Outlook , April 2010 , for inflation , and World Economic Outlook Update , July 2010 , for GDP growth ;
IMF World Economic Outlook ( april 2010 ) za inflacijo in World Economic Outlook Update ( julij 2010 ) za rast BDP ;
and the ECB 's Survey of Professional Forecasters .
ter ECB 's Survey of Professional Forecasters .
Note : The ECB staff macroeconomic projections and the OECD forecasts both report working day-adjusted annual growth rates , whereas the European Commission and the IMF report annual growth rates that are not adjusted for the number of working days per annum .
Opomba : Makroekonomske projekcije strokovnjakov ECB in napovedi OECD navajajo medletne stopnje rasti , ki so prilagojene za število delovnih dni , medtem ko Evropska komisija in MDS objavljata medletne stopnje rasti , ki niso prilagojene za število delovnih dni v letu .
4 ECB ECB staff macroeconomic projections for the euro area September 2010
ECB Makroekonomske projekcije strokovnjakov ECB za euroobmočje september 2010
CON / 2008/86 Clear terms 1
CON / 2008/86 Odstrani izraze
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Official Journal of the European Union AGREEMENT of 31 December 2007
Uradni list Evropske unije SPORAZUM z dne 31 . decembra 2007
between the European Central Bank and the Central Bank of Malta regarding the claim credited to the Central Bank of Malta by the European Central Bank under Article 30.3 of the Statute of the European System of Central Banks and of the European Central Bank ( 2008 / C 29/05 ) THE EUROPEAN CENTRAL BANK AND THE CENTRAL BANK OF MALTA ,
med Evropsko centralno banko in centralno banko Bank Ċentrali ta » Malta / Central Bank of Malta v zvezi s terjatvijo , priznano centralni banki Bank Ċentrali ta » Malta / Central Bank of Malta s strani Evropske centralne banke po členu 30.3 Statuta Evropskega sistema centralnih bank in Evropske centralne banke ( 2008 / C 29/05 ) EVROPSKA CENTRALNA BANKA IN BANK ĊENTRALI TA » MALTA / CENTRAL BANK OF MALTA STA SE --
key expansions on 1 May 2004 and on 1 January 2007 pursuant to Article 49.3 of the ESCB Statute .
maja 2004 in 1 . januarja 2007 na podlagi člena 49.3 Statuta ESCB .
Pursuant to Article 3 ( 1 ) of Decision ECB / 2007/22 of 31 December 2007 on the paying-up of capital , transfer of foreign reserve assets and contributions by the Central Bank of Cyprus and the Central Bank of Malta to the European Central Bank 's reserves and provisions ( 1 ) , the aggregate euro-equivalent amount of foreign reserve assets that the Central Bank of Malta is required to transfer to the European Central Bank ( ECB ) with effect from 1 January 2008 in accordance with Article 49.1 of the Statute of the European System of Central Banks and of the European Central Bank ( hereinafter the « ESCB Statute ') is EUR 36 553 305,17 .
decembra 2007 o vplačilu kapitala , prenosu deviznih rezerv ter prispevku v rezerve in rezervacije Evropske centralne banke s strani centralnih bank Central Bank of Cyprus in Bank Ċentrali ta » Malta / Central Bank of Malta ( 1 ) je skupni znesek deviznih rezerv v protivrednosti v eurih , ki jih mora Bank Ċentrali ta » Malta / Central Bank of Malta prenesti na Evropsko centralno banko ( ECB ) z učinkom od 1 . januarja 2008 v skladu s členom 49.1 Statuta Evropskega sistema centralnih bank in Evropske centralne banke , 36 553 305,17 EUR .
In view of the abovementioned difference , the ECB and the Central Bank of Malta agree that the Central Bank of Malta 's claim may be reduced by offsetting against it the amount that the Central Bank of Malta is required to contribute to the ECB 's reserves and provisions pursuant to Article 49.2 of the ESCB Statute and Article 5 ( 1 ) of Decision ECB / 2007/22 , in the event that the Central Bank of Malta 's claim is larger than the amount of EUR 35 831 257,94 .
Glede na zgoraj omenjeno razliko ECB in Bank Ċentrali ta » Malta / Central Bank of Malta soglašata , da se v primeru , da je terjatev centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta večja od 35 831 257,94 EUR , ta terjatev lahko zmanjša tako , da se pobota z zneskom , ki ga mora Bank Ċentrali ta » Malta / Central Bank of Malta prispevati v rezerve in rezervacije ECB na podlagi člena 49.2 Statuta ESCB in člena 5 ( 1 ) Sklepa ECB / 2007/22 .
The ECB and the Central Bank of Malta should agree on other modalities for crediting the Central Bank of Malta 's claim , taking into account that , depending on exchange rate movements , it may be necessary to increase rather than to reduce the claim to the amount referred to in recital 2 .
ECB in Bank Ċentrali ta » Malta / Central Bank of Malta bi se morali sporazumeti o drugih modalitetah v zvezi s priznanjem terjatve centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta , upoštevaje možnost , da bo terjatev , odvisno od gibanj deviznih tečajev , treba povečati namesto zmanjšati na znesek iz uvodne izjave 2 .
The Governing Council has approved the ECB 's entry into this Agreement , which concerns a decision to be taken under Article 30 of the ESCB Statute , in accordance with Article 10.3 of the ESCB Statute and the procedure specified therein ,
Svet ECB je odobril , da ECB sklene ta sporazum , ki zadeva sprejetje odločitve po členu 30 Statuta ESCB , v skladu s členom 10.3 Statuta ESCB in v njem opredeljenim postopkom --
Pursuant to Article 30.3 of the ESCB Statute and Article 4 ( 1 ) of Decision ECB / 2007/22 , with effect from 1 January 2008 the ECB is required to credit the Central Bank of Malta with a euro-denominated claim equivalent to the aggregate euro amount of the Central Bank of Malta 's contribution of foreign reserve assets , subject to the specifications provided for in Article 3 of that Decision .
V skladu s členom 30.3 Statuta ESCB in členom 4 ( 1 ) Sklepa ECB / 2007/22 mora ECB z učinkom od 1 . januarja 2008 centralni banki Bank Ċentrali ta » Malta / Central Bank of Malta priznati terjatev , denominirano v eurih , enakovredno skupnemu eurskemu znesku prispevka centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta v devizne rezerve , ob upoštevanju določb člena 3 istega sklepa .
The ECB and the Central Bank of Malta agree to set the Central Bank of Malta 's claim at EUR 35 831 257,94 in order to ensure that the ratio between the amount in euro of the Central Bank of Malta 's claim and the aggregate amount in euro of the claims credited to the other national central banks of Member States that have already adopted the euro ( hereinafter the « participating NCBs ') will be equal to the ratio between the Central Bank of Malta 's weighting in the ECB 's capital key and the other participating NCBs » aggregate weighting in this key . HAVE AGREED AS FOLLOWS :
ECB in Bank Ċentrali ta » Malta / Central Bank of Malta soglašata z določitvijo terjatve centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta v višini 35 831 257,94 EUR , tako da se zagotovi , da bo razmerje med zneskom terjatve centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta v eurih in skupnim zneskom terjatev v eurih , priznanih drugim nacionalnim centralnim bankam držav članic , ki so že sprejele euro ( v nadaljevanju : „sodelujoče NCB ") , enako razmerju med ponderjem centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta v kapitalskem ključu ECB in skupnim ponderjem drugih sodelujočih NCB v tem ključu .
Article 1 Modalities for crediting the Central Bank of Malta 's claim 1 .
Člen 1 Modalitete v zvezi s priznanjem terjatve centralne banke Bank Ċentrali ta » Malta / Central Bank of Malta 1 .