Stability and Growth Pact - Member States By SGP Criteria

Member States By SGP Criteria

The deficit and debt criterion is applied to both Eurozone and non-Eurozone EU member states. Data in the table are for the fiscal year 2011, being published as part of the European Commission's economic forecast in May 2012. And the past years with SGP breaches, were identified by the annexed table 53B and 55B from the report.


criteria breach
Fiscal data for 2011 Budget deficit to GDP Debt-to-GDP ratio Breaches of the
deficit/debt rule
Deadline for
compliance
with SGP
Reference value max. 3.0% max. 60.0%
Austria 2.6% 072.2% 1998-99, 2001, 2004, 2008−current 2013
Belgium 3.7% 098.0% 2008−current 2012
Bulgaria 2.1% 016.3% 2009−10 Comply
Cyprus 6.3% 071.6% 1998-99, 2001–04, 2009-current 2012
Czech Republic 3.1% 041.2% 1998-2003, 2005, 2009-current 2013
Denmark 1.8% 046.5% No breaches1 2013
Estonia -1.0% 006.0% 1999 Comply
Finland 0.5% 048.6% No breaches1 Comply
France 5.2% 085.8% 2002-05, 2007-current 2013
Germany 1.0% 081.2% 1998-99, 2002–05, 2008–10 Comply
Greece 9.1% 165.3% 1998-current 2014
Hungary -4.3% 080.6% 1998-99, 2001–10 2012
Ireland 13.1% 108.2% 2008-current 2015
Italy 3.9% 120.1% 2001-06, 2008-current 2012
Latvia 3.5% 042.6% 1999, 2008-current 2012
Lithuania 5.5% 038.5% 2000-01, 2008-current 2012
Luxembourg 0.6% 018.2% No breaches Comply
Malta 2.7% 072.0% 1998-2004, 2008-current 2011
Netherlands 4.7% 065.2% 2003, 2009-current 2013
Poland 5.1% 056.3% 1998, 2001–06, 2008-current 2012
Portugal 4.2% 107.8% 1998-current 2014
Romania 5.2% 033.3% 1998-2001, 2008-current 2012
Slovakia 4.8% 043.3% 1998-2002, 2006, 2009-current 2013
Slovenia 6.4% 047.6% 2000-01, 2009-current 2013
Spain 8.5% 068.5% 2008-current 2014
Sweden -0.3% 038.4% No breaches Comply
United Kingdom 8.3% 085.7% 2003-05, 2008-current 2014 (FY)
Eurozone 17 4.1% 088.0% 2003-05, 2008-current
EU27 4.5% 083.0% 2003-05, 2008-current

Read more about this topic:  Stability And Growth Pact

Famous quotes containing the words member, states and/or criteria:

    “When Hitler attacked the Jews ... I was not a Jew, therefore, I was not concerned. And when Hitler attacked the Catholics, I was not a Catholic, and therefore, I was not concerned. And when Hitler attacked the unions and the industrialists, I was not a member of the unions and I was not concerned. Then, Hitler attacked me and the Protestant church—and there was nobody left to be concerned.”
    —Martin Niemller (1892–1984)

    “The government of the United States at present is a foster-child of the special interests. It is not allowed to have a voice of its own. It is told at every move, “Don’t do that, You will interfere with our prosperity.” And when we ask: “where is our prosperity lodged?” a certain group of gentlemen say, “With us.””
    —Woodrow Wilson (1856–1924)

    “The Hacker Ethic: Access to computers—and anything which might teach you something about the way the world works—should be unlimited and total.
    Always yield to the Hands-On Imperative!
    All information should be free.
    Mistrust authority—promote decentralization.
    Hackers should be judged by their hacking, not bogus criteria such as degrees, age, race, or position.
    You can create art and beauty on a computer.
    Computers can change your life for the better.”
    —Steven Levy, U.S. writer. Hackers, ch. 2, “The Hacker Ethic,” pp. 27-33, Anchor Press, Doubleday (1984)