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2005/441/EC: Council Decision of 17 February 2005 giving… Article 1

2005/441/EC: Council Decision of 17 February 2005 giving… Article 1

Article 1

1.   Greece shall put an end to the present excessive deficit situation as rapidly as possible and at the latest by 2006 through: (i) a rigorous implementation of the 2005 budget as approved by its Parliament; (ii) implementing in 2006 adjustment measures of a permanent nature leading to a correction in the deficit of at least 0,6 of a percentage point of GDP. 2.   Greece shall further pursue the efforts to identify and control factors other than net borrowing, which contribute to the change in debt levels, with a view to ensuring that the government gross debt ratio diminishes sufficiently and approaches the reference value at a satisfactory pace in line with the correction of the excessive deficit. 3.   Greece shall further pursue the efforts to improve the collection and processing of general government data, notably by enhancing the mechanisms that ensure the prompt and correct supply of the general government data required by the existing legal framework.

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Other provisions in 2005/441/EC: Council Decision of 17 February 2005 giving…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 1 of 2005/441/EC: Council Decision of 17 February 2005 giving… (LawPlayer, data as of 2026-07-04)

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