natgillin/translations-raw huggingface dataset:
The Commission, and the EU, had to act quickly in the face of very high uncertainty and systemic sovereign and liquidity risks that challenged the stability of the whole financial system and the solvency of sovereigns. 
Komisija in tudi EU sta morali hitro ukrepati zaradi zelo velike negotovosti ter sistemskih tveganj državnih posojilojemalcev in likvidnostnih tveganj, ki so ogrožala stabilnost celotnega finančnega sistema in plačilno sposobnost držav.
At the onset of the crisis, a multilateral surveillance framework was already in place, but it did not prove fully adequate. 
Na začetku krize je bil okvir za večstranski nadzor že vzpostavljen, vendar se ni izkazal za popolnoma ustreznega.
Although the Commission had limited experience of the type and scale of intervention needed, it quickly developed a toolkit for crisis resolution. 
Komisija je kljub omejenim izkušnjam glede vrste in obsega potrebnih posredovanj hitro razvila orodja za reševanje krize.
The BoP financial assistance programmes for EU Member States were put in place urgently and under difficult conditions. 
Programi plačilnobilančne finančne pomoči za države članice EU so bili vzpostavljeni nemudoma in pod težkimi pogoji.
The EFSM programmes faced the same urgency due to the higher risk of spillovers to other euro area countries and the additional difficulty of being financed through financial instruments that had just been created. 
Tudi programi EFSM so bili nemudoma vzpostavljeni zaradi večjega tveganja za prelivanje na druge države euroobmočja in dodatne težave zaradi njihovega financiranja prek finančnih instrumentov, ki so bili ravnokar oblikovani.
The programmes were complex instruments that addressed unpredictable crisis situations. 
Programi so bili zapleteni instrumenti, ki so obravnavali nepredvidljive krizne razmere.
The input of the recipient countries in the programme design and evolution was critical. It reflects not just their different circumstances but also different political preferences, and is the most important factor in ensuring that they retain ownership over the reform programme. 
Izredno pomemben je bil prispevek držav prejemnic k oblikovanju in razvoju programov, saj ni izražal le njihovih različnih okoliščin, temveč tudi različne politične težnje in je najpomembnejši dejavnik za zagotovitev, da ohranijo odgovornost za program reform.
In comparing the programmes, it is also important to take into account recipient countries’ different underlying circumstances and political, administrative and institutional constraints, and how they changed over time. 
Pri primerjavi programov je treba upoštevati tudi različne temeljne okoliščine ter politične, upravne in institucionalne omejitve držav prejemnic ter način, kako so se spreminjale skozi čas.
Countries may have structural weaknesses that appear similar on the surface but that nevertheless are best addressed through different sets of policies. 
Države lahko imajo strukturne pomanjkljivosti, ki se na prvi pogled zdijo podobne, vendar se lahko najučinkoviteje odpravijo z različnimi sklopi politik.
The flexibility to tailor and adjust the programmes to the needs and constraints of individual countries is critical to their success. 
Možnost prilagajanja in usklajevanja programov glede na potrebe in omejitve posameznih držav je ključna za njihov uspeh.
The quality of a programme cannot be evaluated on the basis of benchmarking the number of structural conditions. 
Kakovosti programa ni mogoče oceniti na podlagi primerjave števila strukturnih pogojev.
The Commission has already made substantial progress during the programmes under consideration in this audit and since they ended. 
Komisija je med izvajanjem programov, ki so obravnavani v tej reviziji, in od njihovega dokončanja že dosegla znaten napredek.
This includes the mobilisation of additional expertise and financial resources, as well as the strengthening of EU economic governance and financial assistance mechanisms. 
To vključuje uporabo dodatnega strokovnega znanja in finančnih virov ter okrepitev mehanizmov ekonomskega upravljanja in finančne pomoči EU.
The Commission intends to build on these changes and effect further improvements, as set out in its response to the audit recommendations. 
Komisija namerava na podlagi teh sprememb izvesti dodatne izboljšave, kot je opisano v njenem odzivu na revizijska priporočila.
III A well-established fiscal surveillance framework was already in place in the pre-crisis period. 
III Že v obdobju pred krizo je bil vzpostavljen dobro uveljavljen okvir za javnofinančni nadzor.
The magnitude and nature of the 2007-2008 global financial crisis was unprecedented. 
Obseg in narava svetovne finančne krize v letih 2007 in 2008 sta bila večja kot kdaj koli prej.
This determined the abrupt and disorderly materialisation of imbalances in several EU countries. 
To je vplivalo na nenaden in neenakomeren pojav neravnovesij v več državah EU.
The crisis showed that the pre-crisis surveillance framework was not fully adequate in identifying the risk in the underlying fiscal positions in times of unprecedented economic crisis. 
Kriza je pokazala, da predhodno vzpostavljen nadzorni okvir ni bil v celoti primeren za opredelitev tveganj v osnovnem javnofinančnem položaju v času doslej največje gospodarske krize.
It also highlighted the extent of spillovers between countries and the need to take a wider approach to surveillance in the banking sector and wider macroeconomy. 
Pokazala je tudi obseg prelivanja med državami in potrebo po širšem pristopu k nadzoru v bančnem sektorju in širše v makroekonomiji.
The reaction of financial markets — which was critical in the acceleration of the crisis — was, however, a new and particularly difficult effect to predict. 
Nov učinek, ki ga je bilo še posebno težko predvideti, je bil odziv finančnih trgov, ki je bil ključnega pomena v času poglobi-tve krize.
At the point when countries applied for assistance, behind-the-scenes monitoring of a deteriorating situation had been under way and the Commission was in close contact with the national authorities. 
Ko so države zaprosile za pomoč, se je v ozadju že spremljalo vse slabše stanje, Komisija pa je bila v tesnih stikih z nacionalnimi organi.
Reply of the Commission 87 It is for the recipient Member State, not the Commission, to make a request for a financial assistance programme. 
Za program finančne pomoči mora zaprositi država članica prejemnica in ne Komisija.
Also, the normal surveillance framework entails a more limited role for the Commission in terms of monitoring national economic and fiscal policy decisions and providing policy recommendations than under programme conditions. 
Poleg tega ima Komisija v običajnem nadzornem okviru bolj omejeno vlogo v smislu spremljanja nacionalnih odločitev glede gospodarske in fiskalne politike ter dajanja političnih priporočil kot v skladu s programskimi pogoji.
The response to the crisis was immediate and comprehensive. 
Odgovori Komisije 87 Odziv na krizo je bil takojšen in celovit.
It included the further strengthening of the EU’s overall economic governance with an integrated system of European financial supervisory authorities (the European Systemic Risk Board (ESRB), the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA)) and regulatory architecture for financial institutions (i.e. banking union). The ‘six-pack’ and ‘two-pack’ were also introduced, addressing the surveillance weaknesses that the crisis unveiled. 
Vključeval je dodatno okrepitev splošnega ekonomskega upravljanja EU s celostnim sistemom evropskih finančnih nadzornih organov (ESRB, EBA, ESMA, EIOPA) in regulativno strukturo za finančne institucije (tj. bančna unija). Uvedena sta bila tudi šesterček (prvi sveženj o ekonomskem upravljanju) in dvojček (drugi sveženj o ekonomskem upravljanju), ki sta obravnavala pomanjkljivosti pri nadzoru, ki jih je pokazala kriza.
More specifically, the six-pack included the macroeconomic imbalances procedure, making the monitoring of macroeconomic and financial imbalances a key part of the EU’s economic surveillance. 
Natančneje, šesterček je vključeval postopek v zvezi z makroekonomskimi neravnovesji, zato je spremljanje makroekonomskih in finančnih neravnovesij postalo ključni element ekonomskega nadzora EU.
The fact that the actions of the Commission were not undertaken in a vacuum but are framed by complex institutional settings is not adequately taken into account in the assessment of the Commission’s performance. 
V oceni uspešnosti Komisije ni dovolj upoštevano dejstvo, da njeni ukrepi niso bili izvedeni v vakuumu, temveč v zapletenih institucionalnih okoljih.
The role of the International Monetary Fund (IMF) and — for the euro area countries — the European Central Bank (ECB) in the preparation and monitoring of the programmes is under-played. 
Mednarodni denarni sklad (MDS) in – za države euroobmočja – Evropska centralna banka (ECB) nista bila dovolj vključena v pripravo in spremljanje programov.
Nor is the role of the Council as the primary decision-making body given due prominence. 
Svet kot najpomembnejši organ odločanja prav tako ni imel dovolj pomembne vloge.
IV Macroeconomic and budgetary out-turns for 2008 have in general differed considerably from initial projections in the forecasts of a very large number of institutions, including the Commission. 
IV Makroekonomski in proračunski rezultati za leto 2008 so se na splošno znatno razlikovali od prvotnih predvidevanj v napovedih velikega števila institucij, vključno s Komisijo.
This is linked with the abrupt unwinding of imbalances and the unprecedented nature of the crisis, today generally accepted to have been a tail event, i.e. a very unlikely outcome in the distribution of possible outcomes. 
To je povezano z nenadnim odpravljanjem neravnovesij in naravo doslej najhujše krize, za katero se danes na splošno priznava, da je bila malo verjeten dogodek, tj. zelo malo verjeten rezultat v množici mogočih rezultatov.
Furthermore, forecasts are always based on the information available at a certain point in time, therefore subsequent developments and data revisions naturally change the situation and outlook. 
Poleg tega napovedi vedno temeljijo na informacijah, ki so na voljo v določenem trenutku, zato poznejši razvoj in revizije podatkov spremenijo razmere in obete.
It must be recognised that forecasting is not an exact science. 
Priznati je treba, da napovedovanje ni eksaktna znanost.
The Commission’s forecasts have a good track record of accuracy. 
Napovedi Komisije so bile doslej večinoma točne.
The pre-crisis EU economic governance framework focussed primarily on fiscal policy, leaving the monitoring of financial risk, in particular, to central banks and national supervisory authorities. 
Okvir ekonomskega upravljanja EU pred krizo je bil osredotočen predvsem na fiskalno politiko, spremljanje finančnih tveganj pa je bilo prepuščeno predvsem centralnim bankam in nacionalnim nadzornim organom.
As a result of the absence of an integrated European supervisory and regulatory architecture for financial institutions, key risks were not flagged in a systematic way. 
Ker ni bilo celovite evropske nadzorne in regulativne strukture za finančne institucije, se ključna tveganja niso sistematično odkrivala.
Notable progress in addressing these institutional and governance shortcomings has been made since the crisis. 
Od začetka krize je bil dosežen opazen napredek pri odpravi teh institucionalnih pomanjkljivosti in pomanjkljivosti na področju upravljanja.
The supervisory framework has been overhauled and closer contact has been established between the Commission and the newly established ESRB and the European supervisory authorities. 
Preoblikovan je bil nadzorni okvir ter vzpostavljeni so bili tesnejši stiki med Komisijo in novoustanovljenim Evropskim odborom za sistemska tveganja (ESRB) in novoustanovljenimi evropskimi nadzornimi organi (ESA).
Nevertheless, the fact that, as a consequence of the unprecedented nature and magnitude of the financial crisis, governments took measures in support of the financial sector which had a sometimes substantial impact on public finances could not easily have been foreseen in advance. 
Vendar ni bilo mogoče zlahka predvideti dejstva, da so vlade zaradi narave in obsega doslej največje finančne krize sprejele ukrepe v podporo finančnemu sektorju, ki so imeli včasih precejšen vpliv na javne finance.
V The macroeconomic surveillance framework is a complementary process which does not form part of the Stability and Growth Pact (SGP). 
V Okvir za makroekonomski nadzor je dopolnilni proces, ki ni del Pakta za stabilnost in rast.
The SGP consists of a set of legal and political acts relating to fiscal surveillance. 
Slednji vključuje sklop pravnih in političnih aktov v zvezi s proračunskim nadzorom.
At the onset of the crisis the SGP was 10 years old, and had just been revised in 2005 in order to give a more prominent role to the underlying fiscal stance. 
Na začetku krize je Pakt za stabilnost in rast deloval deset let in je bil leta 2005 ravnokar spremenjen, da bi bila osnovnemu javnofinančnemu položaju dodeljena pomembnejša vloga.
The Commission is committed to learning from the shortcomings that became apparent, and revised it further in 2011, 2013 and 2014. 
Komisija je zavezana k učenju iz pomanjkljivosti, ki so postale očitne, in je Pakt za stabilnost in rast dodatno spremenila v letih 2011, 2013 in 2014.
Making the link between the SGP and the Commission’s preparedness to administer programmes does not take into account the point that both the reforms to the SGP and introduction of macroeconomic surveillance served to address the shortcomings in surveillance mechanisms. 
Pri vzpostavljanju povezave med Paktom za stabilnost in rast ter pripravljenostjo Komisije na upravljanje programov se ni upoštevalo, da je bil cilj reform Pakta za stabilnost in rast ter uvedbe makroekonomskega nadzora odpraviti pomanjkljivosti v nadzornih mehanizmih.
This allows imbalances to be identified in time to take the policy decisions needed to make countries better prepared to face a crisis. 
To omogoča pravočasno določitev neravnovesij za sprejetje potrebnih političnih odločitev, da se države bolje pripravijo na soočanje s krizo.
The management of financial assistance is a separate point from the identification of risks. 
Upravljanje finančne pomoči je pojem, ki je ločen od določitve tveganj.
Reply of the Commission 88 VIII The report rightly points to the use of several spreadsheets and initial problems with documentation. 
Odgovori Komisije 88 VIII Poročilo utemeljeno opozarja na uporabo več preglednic in začetne težave z dokumentacijo.
Forecasting an economy is not an exercise that can be undertaken using a simple application. 
Gospodarsko napovedovanje ni proces, ki ga je mogoče izvesti z enostavno aplikacijo.
The Commission’s forecasts have to cover a large set of variables. 
Komisija mora v napovedih zajeti veliko spremenljivk.
This necessarily leads to a large and rather complex set of data that country desk officers have to handle when preparing a forecast. 
To nujno pomeni velik in precej zapleten sklop podatkov, ki jih morajo nacionalni referenti obdelati pri pripravi napovedi.
The Commission’s forecasting method is in line with the practice of other organisations engaging in economic forecasts. 
Metoda, ki jo Komisija uporablja za napovedovanje, je skladna s prakso drugih organizacij, ki se ukvarjajo z gospodarskimi napovedmi.
The Commission disagrees with the Court’s statement related to the difficulty of assessing the assumptions in the forecast. 
Komisija se ne strinja z izjavo Sodišča, da je bilo težko ocenjevati predpostavke v napovedi.
The assumptions underlying the forecasts are described in the position paper that is produced at the beginning of each forecast round. 
Pred-postavke, na katerih temeljijo napovedi, so opisane v dokumentu o stališču, ki se pripravi na začetku vsakega kroga napovedi.
The assumptions are then updated ahead of each subsequent forecast storage, and they are published in each forecast. 
Nato se posodobijo pred vsakim poznejšim shranjevanjem napovedi in objavijo v vsaki napovedi.
Several meetings during the preparation of the Commission’s regular forecasts bring together country desk officers, experts from horizontal units and top management. 
Med pripravo rednih napovedi Komisije se večkrat sestanejo nacionalni referenti, strokovnjaki iz horizontalnih enot in višje vodstvo.
The discussion of the assumptions underlying the forecasts is a key part of these meetings. 
Glavni del teh sestankov je razprava o predpostavkah, na katerih temeljijo napovedi.
Moreover, horizontal units systematically check the mathematical and economic consistency of the forecasts prepared by the country desks. 
Poleg tega horizontalne enote sistematično pregledujejo matematično in ekonomsko skladnost napovedi, ki jih pripravijo nacionalni referenti.
In particular, the Commission has carefully explained its assessment of fiscal multipliers underlying the forecast (see for instance Box I.5 on page 41 of the 2012 autumn forecast). 
Komisija je zlasti natančno pojasnila svojo oceno fiskalnih multiplikatorjev, na katerih temelji napoved (glej na primer okvir I.5 na strani 41 napovedi iz jeseni 2012).
In 2013 DG Economic and Financial Affairs carried out an exercise to assess the implicit fiscal multiplier. 
Leta 2013 je Generalni direktorat za gospodarske in finančne zadeve (GD ECFIN) izvedel postopek za oceno implicitnih fiskalnih multiplikatorjev.
The multipliers lie well within the range found in the empirical and theoretical literature. 
Multiplikatorji so v okviru vrednosti, navedenih v empirični in teoretični literaturi.
IX The Commission would like to underline the importance of properly distinguishing between providing the information needed to make a well-informed decision at the time and whether complete records could be retrieved at a later date. 
IX Komisija želi poudariti pomen pravilnega ločevanja med zagotavljanjem informacij, potrebnih za sprejemanje utemeljenih odločitev v določenem trenutku, in možnostjo poznejšega dostopanja do popolnih evidenc.
In the early phase of the programmes the Commission was operating under severe time pressure and needed to put in place sound and effective crisis management procedures. 
Komisija je v zgodnji fazi programov delovala pod velikim časovnim pritiskom ter je morala vzpostaviti zanesljive in učinkovite postopke kriznega upravljanja.
The Commission accepts that there were weaknesses in document management in the early part of the programme processes, and that there was a process of ‘learning by doing’. 
Priznava, da so bile v začetnem delu programskih postopkov pomanjkljivosti glede upravljanja dokumentov in da je „učenje potekalo skozi prakso“.
The Commission provided the Court with a substantial amount of information, including spreadsheets, on the data and assumptions behind the initial calculations of the finance gap. 
Komisija je sodišču predložila veliko informacij, vključno s preglednicami o podatkih in predpostavkah, na podlagi katerih so bili pripravljeni prvi izračuni finančne vrzeli.
Background documents were provided on all programme countries concerned. 
Za vse države, vključene v program, so bili zagotovljeni referenčni dokumenti.
X The Commission does not agree that the most recent programme documents lacked essential information. 
X Komisija se ne strinja, da najnovejši programski dokumenti niso vsebovali ključnih informacij.
The programme documents for Portugal and Ireland were very thorough. 
Programski dokumenti za Portugalsko in Irsko so bili zelo natančni.
XI The Commission does not agree that there were conditions in the memoranda of understanding (MoUs) that were not focused on the general economic policy conditions set by the Council. 
XI Komisija se ne strinja, da pogoji v memorandumu o soglasju niso bili osredotočeni na pogoje splošne ekonomske politike, ki jih je določil Svet.
The general economic policy conditions set by the Council are ‘general’ and not intended to provide an exhaustive list of conditionality. 
Pogoji splošne ekonomske politike, ki jih je določil Svet, so „splošni“ in niso namenjeni zagotavljanju izčrpnega seznama pogojevanja.
Their attainment — particularly in relation to structural issues — often necessitates a broad range of measures in the MoU to strengthen the underlying position of an economy. 
Za njihovo doseganje, zlasti v zvezi s strukturnimi vprašanji, je pogosto potreben širok sklop ukrepov v memorandumu o soglasju za okrepitev osnovnega gospodarskega položaja.
Furthermore, MoUs are the result of negotiations with the political authorities of the Member State concerned, whose input is crucial to the success of the programme. 
Poleg tega so memorandumi o soglasju rezultat pogajanj s političnimi organi zadevnih držav članic, katerih prispevek je ključen za uspeh programa.
Reply of the Commission 89 XIII Within the Commission, calculations underlying programme decisions are reviewed by officials outside the main programme team, including senior management and the heads of horizontal units. 
XIII Izračune, ki podpirajo programske odločitve, pri Komisiji pregledajo uradniki zunaj glavne programske skupine, vključno z višjim vodstvom in vodji horizontalnih enot.
Review reports were subject to consultations procedures with relevant directorates-general. 
Glede poročil o pregledu so potekala posvetovanja z zadevnimi generalnimi direktorati.
In addition, the Commission worked in close cooperation with the IMF and ECB on EFSM programmes. 
Poleg tega je Komisija glede programov EFSM tesno sodelovala z MDS in ECB.
Drafts of programme documents were consistently exchanged and cross-checked between partner institutions, all of whom were working actively with the domestic authorities. 
Partnerske institucije so si stalno izmenjevale in navzkrižno preverjale osnutke programskih dokumentov ter dejavno sodelovale z nacionalnimi organi.
Finally, negotiation outcomes were reported in detail to the Economic and Financial Committee (EFC) and Eurogroup Working Group (EWG), providing transparency on the outcome. 
Na koncu se je o rezultatih pogajanj podrobno poročalo Ekonomsko-finančnemu odboru in Delovni skupini Euroskupine, pri čemer je bila zagotovljena preglednost rezultatov.
XIV See Commission reply to paragraph X. XV The use of accrual-based deficit targets is supported by the legal framework underpinning EU economic surveillance and ensures cross-country consistency. 
XIV Glej odgovor Komisije na odstavek X. XV Uporabo ciljev glede primanjkljaja na podlagi poslovnih dogodkov podpira pravni okvir, ki je podlaga za ekonomski nadzor v EU in zagotavlja doslednost med državami.
All EU Member States, including those under an economic adjustment programme, are subject to the common EU fiscal rules. 
Za vse države članice EU, tudi tiste, vključene v program ekonomskega prilaganja, veljajo skupna fiskalna pravila EU.
As per Protocol 12 of the Treaty on the Functioning of the European Union, which defines the reference values for the excessive deficit procedure, the deficit is measured according to the European System of Accounts (ESA), which is accrual based. 
12 Pogodbe o delovanju Evropske unije, ki določa referenčne vrednosti za postopek v zvezi s čezmernim primanjkljajem, se primanjkljaj meri na podlagi Evropskega sistema računov (ESR), ki temelji na nastanku poslovnega dogodka.
Hence, the use of national accounts data to define the fiscal targets and for monitoring seems more than justified in a common European setting. 
Zato se zdi, da je v skupnem evropskem okolju uporaba podatkov iz nacionalnih računov za določitev javnofinančnih ciljev in spremljanje več kot utemeljena.
Conceptually, the principle of accrual accounting introduced with ESA95 was a key innovation, motivated at the time by the shortcomings of cash accounts. 
Konceptualno je bilo načelo računovodstva na podlagi nastanka poslovnega dogodka, vzpostavljeno z ESR95, pomembna inovacija, ki je bila uvedena zaradi pomanjkljivosti računov na podlagi plačil.