Legal provisions of COM(2009)365 - Amendment of Council Decision of 20 January 2009 providing Community medium term financial assistance for Latvia - Main contents

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dossier	COM(2009)365 - Amendment of Council Decision of 20 January 2009 providing Community medium term financial assistance for Latvia.
document	COM(2009)365
date	July 13, 2009

Decision 2009/290/EC is hereby amended as follows:

Article 3(5)(a) shall be replaced by the following:

‘(a)	implementation of a clearly-set medium-term fiscal programme so as to bring the general government deficit below the Treaty reference value of 3 % of GDP with a timeframe and consolidation path consistent with the Council recommendation(s) to Latvia adopted under the excessive deficit procedure;’;

Article 3(5)(b) shall be replaced by the following:

‘(b)	implementation of the budget for 2009 and adoption of the budget for 2010 with sustainable measures consistent with the consolidation path;’.

This Decision is addressed to the Republic of Latvia.

This Decision shall be published in the Official Journal of the European Union.