Translation of "Importante réduction des dépenses " (French → English) :

wide-ranging expenditure reduction

expenditure cut [ spending cut | expenditure reduction | spending reduction ]

spending reduction measure [ expenditure reduction measure ]

budgetary outlay reduction commitments

expenditure cut

reduction of military spending

Definition: Mood is elevated out of keeping with the patient's circumstances and may vary from carefree joviality to almost uncontrollable excitement. Elation is accompanied by increased energy, resulting in overactivity, pressure of speech, and a decreased need for sleep. Attention cannot be sustained, and there is often marked distractibility. Self-esteem is often inflated with grandiose ideas and overconfidence. Loss of normal social inhibitions may result in behaviour that is reckless, foolhardy, or inappropriate to the circumstances, and out of character.

Definition: In typical mild, moderate, or severe depressive episodes, the patient suffers from lowering of mood, reduction of energy, and decrease in activity. Capacity for enjoyment, interest, and concentration is reduced, and marked tiredness after even minimum effort is common. Sleep is usually disturbed and appetite diminished. Self-esteem and self-confidence are almost always reduced and, even in the mild form, some ideas of guilt or worthlessness are often present. The lowered mood varies little from day to day, is unresponsive ...[+++]to circumstances and may be accompanied by so-called somatic symptoms, such as loss of interest and pleasurable feelings, waking in the morning several hours before the usual time, depression worst in the morning, marked psychomotor retardation, agitation, loss of appetite, weight loss, and loss of libido. Depending upon the number and severity of the symptoms, a depressive episode may be specified as mild, moderate or severe. | single episodes of:depressive reaction | psychogenic depression | reactive depression

Therefore, the Commission proposes measures to estimate societal benefits obtainable through the reduction in accidents, serious injuries and material damage, including an analysis of the reduction in medical care and other expenses in the Member States and enlargement states, and benefits like improved journey times, reduced congestion and environmental impact.

But it is an illusion to believe that cutting spending at EU level guarantees value for money: each euro of expenditure from the Union budget can lever in several euros at national level, as cohesion policy has already shown (see section A.2).

However, this was achieved including the proceeds from the sale of UMTS licences (0.4% of GDP), because there were overruns in current primary expenditure and a shortfall in indirect taxes of around ½ of a p.p. of GDP that were only partly offset by a reduction in capital expenditure.

We have to remember that workforce adjustment and reduction involves significant expenditure reductions.