Translation of "Politische auflagen" in English

Assistance will be on the basis of strict policy conditionality and tied to a macro-economic adjustment programme.

These include political requirements, human and civil rights issues, economic preparations and many more conditions, but I believe and am of the view that the European Union should give our Turkish friends a chance, and try to overcome this obstacle, which many people regard as very serious.

The policy conditionality was further detailed in an European Stability Mechanism Memorandum of Understanding on Specific Economic and Policy Conditionality ('Memorandum of Understanding') signed by the Commission, on behalf of the European Stability Mechanism, and by Greece on 19 August 2015 and its subsequent four amendments.

It is envisaged that specific policy conditions aimed at strengthening efficiency, transparency and accountability will be attached to the assistance.

The intensity of economic and budgetary surveillance should be commensurate with, and proportionate to, the severity of the financial difficulties encountered and should take due account of the nature of the financial assistance received, which may range from mere precautionary support based on eligibility conditions to a full macroeconomic adjustment programme involving strict policy conditionality.

Without prejudice to point 5 of Part I of Section D of Annex I, in accordance with which, when announcing a credit rating, a credit rating agency is to explain in its press releases or reports the key elements underlying the credit rating and although national policies may serve as an element underlying a sovereign rating, policy recommendations, prescriptions or guidelines to rated entities, including States or regional or local authorities of States, shall not be part of sovereign ratings or rating outlooks.’;

The credit rating agency infringes Article 10(2), in conjunction with point 4 of Part III of Section D of Annex I, by including policy recommendations, prescriptions or guidelines to rated entities, including States or regional or local authorities of States, as part of a sovereign rating or a related rating outlook.

The balance of evidence suggests that policy conditionality has rarely been effective in securing reforms unless there is a strong domestic constituency in favour.

Policy conditionality must aim first at tackling the underlying imbalances in the affected Member State to ensure a smooth functioning of EMU.

In addirion rhe provision of some services mayentail ^ public senrice elemenr, which may even beenforced by political or legal constraints.

The EU therefore should continue to provide financial and technical assistance to the South Caucasus in order to promote these principles and processes, in the framework of political conditionality".

The decision sets out the main elements of policy conditionality for the granting of that support.

This budget support, however, must be subject to a selection process so as to make it accessible only to those who can make use of it, with a country-specific approach, under political conditionality, without forgetting to improve evaluation of policies.

To this end, the Commission intends to propose a regulation of the European Parliament and of the Council based on Article 136 of the Treaty clarifying the necessary procedural steps in order to enshrine the policy conditionality in Council decisions and ensure consistency with the European Union multilateral surveillance framework.

Terms and policy conditions for the additional amount of EUR 70 million decided in 2003 remain to be negotiated and agreed.

The European Commission, together with the IMF and in liaison with the ECB, will be responsible for monitoring compliance with the policy conditionality required by a macroeconomic adjustment programme.

The policy conditionality established under an enhanced surveillance or a macroeconomic adjustment programme will be consistent with the European Union surveillance framework and must guarantee the respect of European Union procedures, and thereby also the role of the European Parliament.

There are no political conditions attached to the cooperation or the funding that we provide.

Third, the European Central Bank’s announcement last August of its “outright monetary transactions” program – through which it guarantees eurozone members’ sovereign debt, subject to policy conditionality – has contributed significantly to subduing financial turbulence in the eurozone.

The budget entry corresponding to the grant component of the assistance will be activated subject to compliance with a number of policy conditions to be agreed with the authorities of Bosnia and Herzegovina.

In addition, the Commission shall agree with the Georgian authorities on a number of specific policy conditions which have to be met before the release of the second and any further instalments.

The policy conditions for the European Stability Mechanism financial assistance were laid down in Council Implementing Decision (EU) 2016/544, which was subsequently amended by Council Implementing Decision (EU) 2017/1226.

The report shall indicate the connection between the policy conditions as laid down in the Memorandum of Understanding, Ukraine’s on-going economic and fiscal performance and the Commission’s decisions to release the instalments of the assistance.

The report shall indicate the connection between the policy conditions as laid down in the Memorandum of Understanding, Moldova’s ongoing economic and fiscal performance, and the Commission’s decision to release the instalments of the assistance.

The Commission, in liaison with the ECB and EBA, will verify at regular intervals that the policy conditions attached to the financial assistance are fulfilled, through missions and regular reporting by the Spanish authorities, on a quarterly basis.

Full consistency between the Union multilateral surveillance framework established by the TFEU and the possible policy conditions attached to financial assistance should be enshrined in Union law.