SEC(2007)1155 - Abrogation of Decision 2006/125/EC on the existence of an excessive deficit in the United Kingdom

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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 2006/125/EC on the existence of an excessive deficit in the United Kingdom
 
Legal instrument Decision
reference by COM-number78 SEC(2007)1155 EN
Additional COM-numbers SEC(2007)1155
CELEX number81 52007SC1155

2.

Key dates

Document 12-09-2007
Online publication 12-09-2007
Decision 09-10-2007; Besluit 2007/738

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. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 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. 
    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).

     
  • 4. 
    The most recent notification of the United Kingdom can be found at:

     
  • 5. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 6. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 7. 
    SEC(2006) 1159.

     
  • 8. 
    SEC(2006) 1159.

     
  • 9. 
    SEC(2006) 1159.

     
  • 10. 
    Commission services' estimate (cf. fn. 9).

     
  • 11. 
    The upward revision in the deficit figure reflects the reclassification of proceeds on disposals of social housing from revenue to disposal of equity.

     
  • 12. 
    Estimated by the Commission services, applying the common methodology on estimating output gaps.

     
  • 13. 
    Following the restructuring of the nuclear energy sector, which led to the transfer to central government of assets held by a public corporation, the United Kingdom's Office for National Statistics classified the transfer in respect of central government as a deficit-reducing flow, valued at 0.3% of GDP in 2005/2006.

     
  • 14. 
    Data provided by the Commission (Eurostat) (cf. Eurostat News Release No 113 of 17 August 2007) following the reporting by the United Kingdom in July 2007, in accordance with Council Regulation (EC) No 3605/93. Deficit ratios are usually revised
     
  • 15. 
    Commission services' estimate (cf. fn. 9).

     
  • 16. 
    OJ C 72, 29.3.2007, p. 20.

     
  • 17. 
    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).

     
  • 18. 
    The most recent notification of the United Kingdom can be found at:

     
  • 19. 
    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).

     
  • 20. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 21. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 22. 
    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).

     
  • 23. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 24. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 25. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 26. 
    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).

     
  • 27. 
    The most recent notification of the United Kingdom can be found at:

     
  • 28. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 29. 
    All United Kingdom general government balance data referred to in this Communication apply the Eurostat decision of 14 July 2000 on the allocation of UMTS receipts. The United Kingdom has generally not applied this decision in domestic publication of its public finance data, which results in a general government deficit measured on a Eurostat basis being around 0.1 percentage point of GDP per annum higher than reported in national accounts published by the United
     
  • 30. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 31. 
    Commission services' estimate (cf. fn. 9).

     
  • 32. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 33. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 34. 
    According to Council Regulation (EC) No 1467/97, the relevant budgetary data for the United Kingdom are established in budgetary year (i.e. financial year) terms, running from 1 April to 31 March.

     
  • 35. 
    SEC(2006) 1159.

     
  • 36. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 37. 
    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).

     
  • 38. 
    Commission services' estimate (cf. fn. 9).

     
  • 39. 
    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).

     
  • 40. 
    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).

     
  • 41. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 42. 
    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).

     
  • 43. 
    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).

     
  • 44. 
    The most recent notification of the United Kingdom can be found at:

     
  • 45. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 46. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 47. 
    SEC(2006) 1159.

     
  • 48. 
    SEC(2006) 1159.

     
  • 49. 
    SEC(2006) 1159.

     
  • 50. 
    Commission services' estimate (cf. fn.

    9).

     
  • 51. 
    The upward revision in the deficit figure reflects the reclassification of proceeds on disposals of social housing from revenue to disposal of equity.

     
  • 52. 
    Estimated by the Commission services, applying the common methodology on estimating output gaps.

     
  • 53. 
    Following the restructuring of the nuclear energy sector, which led to the transfer to central government of assets held by a public corporation, the United Kingdom's Office for National Statistics classified the transfer in respect of central government as a deficit-reducing flow, valued at 0.3% of GDP in 2005/2006.

     
  • 54. 
    Data provided by the Commission (Eurostat) (cf. Eurostat News Release No 113 of 17 August 2007) following the reporting by the United Kingdom in July 2007, in accordance with Council Regulation (EC) No 3605/93. Deficit ratios are usually revised
     
  • 55. 
    Commission services' estimate (cf. fn.

    9).

     
  • 56. 
    OJ C 72, 29.3.2007, p. 20.

     
  • 57. 
    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).

     
  • 58. 
    The most recent notification of the United Kingdom can be found at:

     
  • 59. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 60. 
    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).

     
  • 61. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 62. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 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. 
    The most recent notification of the United Kingdom can be found at:

     
  • 65. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 66. 
    All United Kingdom general government balance data referred to in this Communication apply the Eurostat decision of 14 July 2000 on the allocation of UMTS receipts. The United Kingdom has generally not applied this decision in domestic publication of its public finance data, which results in a general government deficit measured on a Eurostat basis being around 0.1 percentage point of GDP per annum higher than reported in national accounts published by the United
     
  • 67. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 68. 
    Commission services' estimate (cf. fn.

    9).

     
  • 69. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 70. 
    OJ L 51, 22.2.2006, p. 14.

     
  • 71. 
    According to Council Regulation (EC) No 1467/97, the relevant budgetary data for the United Kingdom are established in budgetary year (i.e. financial year) terms, running from 1 April to 31 March.

     
  • 72. 
    SEC(2006) 1159.

     
  • 73. 
    SEC(2005) 1144. All EDP-related documents for the United Kingdom can be found at the following website: ec.europa.eu/economy_finance/about/activities/sgp

     
  • 74. 
    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).

     
  • 75. 
    Commission services' estimate (cf. fn.

    9).

     
  • 76. 
    OJ L 332, 31.12.1993, p. 7. Regulation as last amended by Regulation (EC) No 2103/2005 (OJ L 337, 22.12.2005,
     
  • 77. 
    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).

     
  • 78. 
    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.
     
  • 79. 
    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.
     
  • 80. 
    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.
     
  • 81. 
    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.
     
  • 82. 
    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.
     
  • 83. 
    A decision is legally binding act in its entirety. Unless explicitly stated otherwise, a decision is binding for the EU as a whole. Decisions can address specific legal entities, in which case a decision is binding only to them. In its current form the decision was introduced with the Lisbon Treaty that came into force December 2009. It replaces various legal instruments introduced by earlier Treaties.