Traduction de «Obligation de constituer un dépôt préalable » (Français → Anglais) :

advance deposit requirement

fail to act toto correct a significant deviation of their structural budget deficit from what is required to achieve their medium-term objective, following a warning from the European Commission, may have to lodge with the Commission an interest-bearing deposit equivalent to 0.2% of their previous year’s gross domestic product (GDP).

For euro area Member States, continued failure to comply can ultimately lead to a requirement to lodge an interest-bearing deposit.[21]

For euro area Member States, continued failure to comply can ultimately lead to a requirement to lodge an interest-bearing deposit.[21]

In respect of the corrective part of the SGP, sanctions for Member States whose currency is the euro should take the form of an obligation to lodge a non-interest-bearing deposit linked to a Council decision establishing the existence of an excessive deficit if an interest-bearing deposit has already been imposed on the Member State concerned in the preventive part of the SGP or in cases of particularly serious non-compliance with the budgetary policy obligations laid down in the SGP, or the obligation to pay a fine in the event of non-compliance with a Council recommendation to correct an excessive government deficit.