SEC(2007)621 - Abrogation of Decision 2005/186/EC on the existence of an excessive deficit in Malta

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This page contains a limited version of this dossier in the EU Monitor.

Contents

  1. Key information
  2. Key dates
  3. Related information
  4. Resulting legislation
  5. Full version
  6. EU Monitor

1.

Key information

official title

Recommendation for a Council Decision abrogating Decision 2005/186/EC on the existence of an excessive deficit in Malta
 
Legal instrument Recommendation
reference by COM-number67 SEC(2007)621 EN
Additional COM-numbers SEC(2007)621
CELEX number70 52007SC0621

2.

Key dates

Document 16-05-2007
Online publication 16-05-2007
Decision 05-06-2007; Besluit 2007/464

3.

Related information

4.

Resulting legislation

 

5.

Full version

This page is also available in a full version containing the latest state of affairs, the legal basis, the legal context, other dossiers related to the dossier at hand, the stakeholders involved (e.g. European Commission directorates-general, European Parliament committees, Council configurations and even individual EU Commissioners and Members of the European Parliament) and finally documents of the European Parliament, the Council of Ministers and the European Commission.

The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

6.

EU Monitor

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  • 1. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p. 1).

     
  • 2. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p. 1).

     
  • 3. 
    The most recent notification of Malta can be found at:

     
  • 4. 
    OJ L 62, 9.3.2005, p. 21.

     
  • 5. 
    SEC(2004) 1630.

     
  • 6. 
    All EDP-related documents for Malta can be found at the following website:ec.europa.eu/economy_finance/about/activities/sgp

     
  • 7. 
    SEC(2004) 1630.

     
  • 8. 
    SEC(2004) 1630.

     
  • 9. 
    SEC(2004) 1630.

     
  • 10. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 11. 
    Eurostat News Release No 55 of 23 April 2007.

     
  • 12. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p. 5).

     
  • 13. 
    Deficit ratios are usually revised
     
  • 14. 
    SEC(2004) 1630.

     
  • 15. 
    Netting out the substantial one-off expenditure-increasing operation in 2003 of 2.9% of GDP related to the debt restructuring of the shipyards, would imply a lower decline in the expenditure ratio of 0.4 percentage points over the 2003-2006 period.

     
  • 16. 
    It should be underlined that there are significant difficulties in computing the output gap and the structural balance in many Member States especially the smaller ones like Malta, mainly due to the unavailability of all required data.

     
  • 17. 
    SEC(2004) 1630.

     
  • 18. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 19. 
    It is noted that, for 2008, the Maltese authorities plan deficit-reducing one-offs (sale of land) amounting to 0.2% of GDP.

     
  • 20. 
    SEC(2004) 1630.

     
  • 21. 
    OJ C 72, 29.3.2007, p. 9.

     
  • 22. 
    SEC(2004) 1630.

     
  • 23. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 24. 
    OJ L 62, 9.3.2005, p. 21.

     
  • 25. 
    All EDP-related documents for Malta can be found at the following website:ec.europa.eu/economy_finance/about/activities/sgp

     
  • 26. 
    SEC(2004) 1630.

     
  • 27. 
    SEC(2004) 580.

     
  • 28. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p. 5).

     
  • 29. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 30. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p. 1).

     
  • 31. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p. 5).

     
  • 32. 
    SEC(2004) 1630.

     
  • 33. 
    The expenditure ratio would have declined by less if the substantial one-off expenditure-increasing operation related to the restructuring of the shipyards of around 3% of GDP in 2003 is excluded.

     
  • 34. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p.

    1).

     
  • 35. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p.

    1).

     
  • 36. 
    The most recent notification of Malta can be found at:

     
  • 37. 
    OJ L 62, 9.3.2005, p. 21.

     
  • 38. 
    SEC(2004) 1630.

     
  • 39. 
    All EDP-related documents for Malta can be found at the following website:ec.europa.eu/economy_finance/about/activities/sgp

     
  • 40. 
    SEC(2004) 1630.

     
  • 41. 
    SEC(2004) 1630.

     
  • 42. 
    SEC(2004) 1630.

     
  • 43. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 44. 
    Eurostat News Release No 55 of 23 April 2007.

     
  • 45. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p.

    5).

     
  • 46. 
    Deficit ratios are usually revised
     
  • 47. 
    SEC(2004) 1630.

     
  • 48. 
    Netting out the substantial one-off expenditure-increasing operation in 2003 of 2.9% of GDP related to the debt restructuring of the shipyards, would imply a lower decline in the expenditure ratio of 0.4 percentage points over the 2003-2006 period.

     
  • 49. 
    It should be underlined that there are significant difficulties in computing the output gap and the structural balance in many Member States especially the smaller ones like Malta, mainly due to the unavailability of all required data.

     
  • 50. 
    SEC(2004) 1630.

     
  • 51. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 52. 
    It is noted that, for 2008, the Maltese authorities plan deficit-reducing one-offs (sale of land) amounting to 0.2% of GDP.

     
  • 53. 
    SEC(2004) 1630.

     
  • 54. 
    OJ C 72, 29.3.2007, p. 9.

     
  • 55. 
    SEC(2004) 1630.

     
  • 56. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 57. 
    OJ L 62, 9.3.2005, p. 21.

     
  • 58. 
    All EDP-related documents for Malta can be found at the following website:ec.europa.eu/economy_finance/about/activities/sgp

     
  • 59. 
    SEC(2004) 1630.

     
  • 60. 
    SEC(2004) 580.

     
  • 61. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p.

    5).

     
  • 62. 
    One-off transactions for 2006 and 2007 have been revised from the 2006 update convergence programme to take account of an operation (sale of land) that was finalised in 2007 and appropriately booked as deficit-reducing in that year.

     
  • 63. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005, p.

    1).

     
  • 64. 
    OJ L 209, 2.8.1997, p. 6. Regulation as amended by Regulation (EC) No 1056/2005 (OJ L 174, 7.7.2005, p.

    5).

     
  • 65. 
    SEC(2004) 1630.

     
  • 66. 
    The expenditure ratio would have declined by less if the substantial one-off expenditure-increasing operation related to the restructuring of the shipyards of around 3% of GDP in 2003 is
     
  • 67. 
    De Europese Commissie kent nummers toe aan officiële documenten van de Europese Unie. De Commissie maakt onderscheid in een aantal typen documenten door middel van het toekennen van verschillende nummerseries. Het onderscheid is gebaseerd op het soort document en/of de instelling van de Unie van wie het document afkomstig is.
     
  • 68. 
    De Raad van de Europese Unie kent aan wetgevingsdossiers een uniek toe. Dit nummer bestaat uit een vijfcijferig volgnummer gevolgd door een schuine streep met de laatste twee cijfers van het jaartal, bijvoorbeeld 12345/00 - een document met nummer 12345 uit het jaar 2000.
     
  • 69. 
    Het interinstitutionele nummer is een nummerreeks die binnen de Europese Unie toegekend wordt aan voorstellen voor regelgeving van de Europese Commissie.
    Binnen de Europese Unie worden nog een aantal andere nummerseries gebruikt. Iedere instelling heeft één of meerdere sets documenten met ieder een eigen nummering. Die reeksen komen niet overeen met elkaar of het interinstitutioneel nummer.
     
  • 70. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 71. 
    Als dag van bekendmaking van een Europees besluit geldt de dag waarop het besluit in het Publicatieblad wordt bekendgemaakt, en daardoor in alle officiële talen van de Europese Unie bij het Publicatiebureau beschikbaar is.
     
  • 72. 
    Recommendations are non-binding acts by which the European Union means to achieve certain ends without imposing a mandatory legal framework. Recommendations may relate to both policies of the EU as well as individual member states.