Some examples and use cases from the internet:

Some examples and use cases from the internet:

• Both countries have suffered the full force of the recession, against the background of a budget deficit and unemployment rate that were already high.
• We must never end up in a situation of that kind.
• We have a situation of serious budget deficits in our Member States.
• Yet the latter aims are virtually unattainable in a situation of high degressivity.
• All this means that our constituents have been left in a situation of intolerable uncertainty.
• In this way, when the danger of an asymmetric recession looms the country in question could, by means of a budget deficit, stimulate the economy and, with the surplus of the boom phase, bring the situation back to an overall framework of 3 %.
• Will the Commission state what understanding it entered into with the Irish Government in relation to the current budget deficit situation?
• To be used in a situation of need.

• Under the rules of the European Union's Stability and Growth Pact, eurozone countries should remain inside a budget deficit limit of 3% of GDP.
• Under the rules of the European Union's Stability and Growth Pact, eurozone countries should remain inside a budget deficit limit of 3% of GDP.
• The excessive deficit has been corrected through a sustained reduction in the budget deficit under the threshold of 3% of GDP and the debt rate is falling, coming close to the reference value of 60% of GDP.
• 2008.
• If the Danish Government had acted in the same way under the present dispensation, it would have been downright illegal and unconstitutional because the budget deficit was 3.9% at that time.
• Under the programme, the authorities are committed to limit the budget deficit to 0.5% of GDP and the National Bank is aiming at increasing foreign exchange reserves to three months of imports by end
• However, she was concerned about threats to the European social model, especially in countries such as France, Italy and Germany, which were running budget deficits considered excessive under the Maastricht criteria.
• Under the stability and growth pact budget deficits must be limited to a maximum of 3 % of GDP in normal circumstances, with the possibility of sanctions, including fines, for Member States breaching this limit.