Übersetzung für "Fiscal council" in Deutsch

The mandate of Austria’s Fiscal Council has been extended as of November 2013.

An independent Fiscal Council was created to strengthen the fiscal policy framework.

However, an independent Fiscal Council to oversee the implementation of the rules has yet to be appointed.

After the Fiscal Council, the Serbian Chamber of Commerce as well has proposed its own package of measures for resolving economic issues.

Explanation The tasks of the independent fiscal council need to be clearly defined by the Commission.

The best way to preserve the councils’ independence over time would be through top-down monitoring and control at the eurozone level, for example through the establishment of a European Fiscal Council, which would be responsible for ensuring that every national council fulfills its mandate.

That is why you need an independent fiscal council to administer it, just as you need an independent central bank to pursue an inflation-targeting monetary rule.

The mandate of the Austrian Fiscal Council was expanded as from November 2013 in response to the requirements of the Fiscal Compact.

The fiscal framework of Luxembourg has been significantly strengthened with the adoption of the medium-term budgetary framework and the setting-up of the fiscal council.

It was endorsed by an independent body (the Irish Fiscal Advisory Council).

The country's fiscal governance system would benefit from the rigorous application of the already legislated medium-term budgetary framework and from assigning a more prominent analytical role to the Fiscal Council.

The draft act foresees the introduction of a balanced-budget rule in structural terms, a debt rule, a three-year rolling budgetary framework and a gradual set up of the fiscal council which would be charged with endorsing of the government's official macroeconomic and fiscal forecasts as well as ex-ante and ex-post monitoring of the respect of fiscal rules.

Under the reform, the government would be required to adopt a budget that safeguards the long-term sustainability of public finances and an independent fiscal council would be set up to monitor public finances and increase transparency.

In practice, the Fiscal Council is given very little time to react to budgetary proposals and its opinions and recommendations are not sufficiently taken into account.

Portugal shall implement the measures foreseen in the new Budgetary Framework Law, including setting-up a medium-term budgetary framework, prepare a medium-term fiscal strategy and establish an independent Fiscal Council.

Ireland shall establish a fiscal advisory council to provide an independent assessment of the government’s budgetary position and forecasts.

Portugal shall fully implement the measures foreseen in the new Budgetary Framework Law, including setting up a medium-term budgetary framework, prepare a thorough fiscal strategy analysis and establish an independent Fiscal Council.

As to fiscal governance, the Council asked the Hungarian authorities to establish a truly binding medium-term framework and broaden the analytical remit of the Fiscal Council in view of its veto right over the annual budget.

While Slovakia passed legislation establishing the Fiscal Council, so far it has not been set up and the legislation on expenditure ceilings has not yet been adopted.

The law conferring responsibility for the new tasks on the institution also formally changed its name from the Government Debt Committee to the Fiscal Council, in order to better reflect its current role.

The government has also tabled legislative proposals that create multiannual expenditure ceilings and a Fiscal Council next to a Legislative Budget Office.

The medium-term budgetary planning is only indicative, the resources of the Fiscal Council are not commensurate with its newly-granted strong veto power, and the availability of budgetary information remains insufficient.

Strengthening the medium-term budgetary planning dimension and widening the analytical remit of the Fiscal Council would help to ensure that the new constitutional fiscal governance framework can play its role.