Directive 2011/85 - Requirements for budgetary frameworks of the Member States

Please note

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

Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This directive has been published on November 23, 2011, entered into force on December 13, 2011 and should have been implemented in national regulation on December 31, 2013 at the latest.

2.

Key information

official title

Council Directive 2011/85/EU of 8 November 2011 on requirements for budgetary frameworks of the Member States
 
Legal instrument Directive
Number legal act Directive 2011/85
Original proposal COM(2010)523 EN
CELEX number37 32011L0085

3.

Key dates

Document 08-11-2011
Publication in Official Journal 23-11-2011; OJ L 306, 23.11.2011,Special edition in Croatian: Chapter 01 Volume 009
Effect 13-12-2011; Entry into force Date pub. +20 See Art 17
End of validity 31-12-9999
Transposition 31-12-2013; At the latest See Art 15

4.

Legislative text

23.11.2011   

EN

Official Journal of the European Union

L 306/41
 

COUNCIL DIRECTIVE 2011/85/EU

of 8 November 2011

on requirements for budgetary frameworks of the Member States

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular the third subparagraph of Article 126(14) thereof,

Having regard to the proposal from the European Commission,

Having regard to the opinion of the European Parliament (1),

Having regard to the opinion of the European Central Bank (2),

Whereas:

 

(1)

There is a need to build upon the experience gained during the first decade of the economic and monetary union. Recent economic developments have posed new challenges to the conduct of fiscal policy across the Union and have in particular highlighted the need for strengthening national ownership and having uniform requirements as regards the rules and procedures forming the budgetary frameworks of the Member States. In particular, it is necessary to specify what national authorities must do to comply with the provisions of the Protocol (No 12) on the excessive deficit procedure annexed to the Treaty on European Union (TEU) and to the Treaty on the Functioning of the European Union (TFEU), and in particular Article 3 thereof.
 

(2)

Member State governments and government sub-sectors maintain public accounting systems which include elements such as bookkeeping, internal control, financial reporting, and auditing. Those systems should be distinguished from statistical data which relate to the outcomes of government finances based on statistical methodologies, and from forecasts or budgeting actions which relate to future government finances.
 

(3)

Complete and reliable public accounting practices for all sub-sectors of general government are a precondition for the production of high-quality statistics that are comparable across Member States. Internal control should ensure that existing rules are enforced throughout the sub-sectors of general government. Independent audits conducted by public institutions such as courts of auditors or by private auditing bodies should encourage best international practices.
 

(4)

The availability of fiscal data is crucial to the proper functioning of the budgetary surveillance framework of the Union. The regular availability of timely and reliable fiscal data is the key to proper and well timed monitoring, which in turn allows prompt action in the event of unexpected budgetary developments. A crucial element in ensuring the quality of fiscal data is transparency, which must entail the regular public availability of such data.
 

(5)

With regard to statistics, Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics (3) established a legislative framework for the production of European statistics with a view to the formulation, application, monitoring and assessment of the policies of the Union. That Regulation also laid down the principles governing the development, production and dissemination of European statistics: professional independence, impartiality, objectivity, reliability, statistical confidentiality and cost-effectiveness, giving precise definitions of each of these principles. Council Regulation (EC) No 479/2009 of 25 May 2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community (4), strengthened the Commission’s powers to verify statistical data used for the excessive deficit procedure.
 

(6)

The definitions of ‘government’, ‘deficit’ and ‘investment’ are laid down in the Protocol (No 12) on the excessive deficit procedure by reference to the European System of Integrated Economic Accounts (ESA), replaced by the European system of national and regional accounts in the...


More

This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

This page is also available in a full version containing the summary of legislation, de geconsolideerde versie, the legal context, de Europese rechtsgrond, other dossiers related to the dossier at hand and finally the related cases of the European Court of Justice.

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

8.

EU Monitor

The EU Monitor enables its users to keep track of the European process of lawmaking, focusing on the relevant dossiers. It automatically signals developments in your chosen topics of interest. Apologies to unregistered users, we can no longer add new users.This service will discontinue in the near future.

  • 1. 
    OJ L 209, 2.8.1997, p. 6.

     
  • 2. 
    Year N is the year in which implementation of the proposal/initiative starts.

     
  • 3. 
    Year N is the year in which implementation of the proposal/initiative starts.

     
  • 4. 
    OJ C , , p. .

     
  • 5. 
    Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities, OJ L 87, 31.03.2009, p. 164.

     
  • 6. 
    OJ L 145, 10.6.2009, p. 1.

     
  • 7. 
    OJ L 310, 30.11.1996, p. 1.

     
  • 8. 
    OJ L 209, 2.8.1997, p. 1.

     
  • 9. 
    OJ L 209, 2.8.1997, p. 6.

     
  • 10. 
    Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities, OJ L 87, 31.03.2009, p. 164.

     
  • 11. 
    ABM: Activity-Based Management
     
  • 12. 
    As referred to in Article 49(6)(a) or (b) of the Financial Regulation.

     
  • 13. 
    Details of management modes and references to the Financial Regulation may be found on the BudgWeb site: www.cc.cec/budg/man/budgmanag/budgmanag_en

     
  • 14. 
    As referred to in Article 185 of the Financial Regulation.

     
  • 15. 
    EFTA: European Free Trade Association.

     
  • 16. 
    Candidate countries and, where applicable, potential candidate countries from the Western Balkans.

     
  • 17. 
    CA= Contract Agent; INT= agency staff (" Intérimaire") ; JED= ' Jeune Expert en Délégation' (Young Experts in Delegations); LA= Local Agent; SNE= Seconded National Expert;

     
  • 18. 
    See points 19 and 24 of the Interinstitutional Agreement.

     
  • 19. 
    OJ L 209, 2.8.1997, p. 6.

     
  • 20. 
    Year N is the year in which implementation of the proposal/initiative starts.

     
  • 21. 
    Year N is the year in which implementation of the proposal/initiative starts.

     
  • 22. 
    OJ C , , p. .

     
  • 23. 
    Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities, OJ L 87, 31.03.2009, p. 164.

     
  • 24. 
    OJ L 145, 10.6.2009, p. 1.

     
  • 25. 
    OJ L 310, 30.11.1996, p. 1.

     
  • 26. 
    OJ L 209, 2.8.1997, p. 1.

     
  • 27. 
    OJ L 209, 2.8.1997, p. 6.

     
  • 28. 
    Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities, OJ L 87, 31.03.2009, p. 164.

     
  • 29. 
    ABM: Activity-Based Management
     
  • 30. 
    As referred to in Article 49(6)(a) or (b) of the Financial Regulation.

     
  • 31. 
    Details of management modes and references to the Financial Regulation may be found on the BudgWeb site: www.cc.cec/budg/man/budgmanag/budgmanag_en

     
  • 32. 
    As referred to in Article 185 of the Financial Regulation.

     
  • 33. 
    EFTA: European Free Trade Association.

     
  • 34. 
    Candidate countries and, where applicable, potential candidate countries from the Western Balkans.

     
  • 35. 
    CA= Contract Agent; INT= agency staff (" Intérimaire") ; JED= ' Jeune Expert en Délégation' (Young Experts in Delegations); LA= Local Agent; SNE= Seconded National Expert;

     
  • 36. 
    See points 19 and 24 of the Interinstitutional Agreement.

     
  • 37. 
    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.
     
  • 38. 
    EUR-lex provides an overview of the proposal, amendments, citations and legality.