Translation of "Eine antizyklische" in English

The objective must be the speedy creation of room in which an anti-cyclical economic policy can operate.

In contrast to the President-in-Office, I wish to call for an anticyclical economic policy.

They also play a countercyclical role through their longer term strategic actions.

They also play a countercyclical role through their longer term strategic actions.

He called for an anticyclical policy of public subsidies, especially in the innovative SME sector.

Further enlargements should therefore have a positive, counter-cyclical effect.

Motives and reasons entail e.g. the ECU as an international reserve asset (global aspect, relation to US Dollar and SDR facilities) and, equally important, the ECU as a common European currency functioning parallel to (and eventually replacing) national currencies.

A capital buffer therefore has a countercyclical effect.

They depend on the stabilizing functions that central banks and countercyclical fiscal policy provide.

In such a case counter-cyclical policy, rather than stable policy, may tend to produce the best result.

Publicsector measures may also perform a contra-cyclical role by helping to limit youth unemployment in an adverse economic situation.

Member States which have good control of their public finances and counter-cyclical fiscal policies have been able to provide financial incentives to help their economies exit the crisis.

While this is not an anti-cyclical economic policy, it represents a powerful and relevant lever available to the Union for promoting investment in the real economy.

There is a real need for a genuinely counter-cyclical move to stimulate demand and provide it with strong support, in line with the environmental targets that we have worked so hard on over the last few months.

In contrast, their governments can now use the reserves they have built up to implement anticyclical policies in the same way as the developed and some emerging countries.

It is a vital counter-cyclical measure which provides very real support to companies, especially small and medium-sized enterprises (SMEs), by laying down definite payment terms and appropriate penalties to encourage punctual payment by both public authorities and private enterprise in the European Union.

We must create the necessary space so that at certain times the governments and the European institutions are allowed to follow an anti-cyclical policy.

This seems even more essential if one bears in mind the need to abide by the constraints of the Stability and Growth Pact, particularly that of keeping budget deficits down to within 3 per cent of gross domestic product, which only leaves rather modest resources available for a counter-cyclical economic policy in the individual States.

I think that the main difference between the two joint motions for resolution submitted to the House is the fact that the motion for resolution signed both by my group and the Socialist Group lays greater stress on the possibility of implementing a contracyclical policy. This policy would promote growth, while keeping within the limits of the Growth and Stability Pact.

If I understand the declaration made by the presidency correctly, it seems that the presidency supports this idea that the Growth and Stability Pact should allow the European Union to implement a contracyclical policy to promote growth.

If we start an anti-cyclical price policy, then all we are doing is jacking up the pig cycle.

However, we need to strengthen our economic capacity so we can respond to the world crisis. It is for the Council to do so, because it is essential for us to define an anticyclical policy and put it in place.

Counter-cyclical fiscal policy was not yet in vogue – John Maynard Keynes’ General Theory was published only in 1936 – while the Gold Standard rendered monetary policy worse than useless.

Moreover, a counter-cyclical policy would signal to the world these countries’ willingness to take on global responsibilities.

The prevailing tax regime across the Gulf is not fit for purpose, has limited ability to influence private-sector behavior, and rules out counter-cyclical fiscal policy.

Fortunately, the government has room for countercyclical policy, and has already responded with more accommodating fiscal and monetary policies.

These include: hedging export earnings – for example, via the oil options market, as Mexico does; ensuring counter-cyclical fiscal policy – for example, via a variant of Chile’s structural budget rule; and delegating sovereign wealth funds to professional managers, as Botswana’s Pula Fund does.