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Recoge: Evaluation of the fiscal notification of Bulgaria, Romania, Croatia and Turkey.
Recoge: 1. Introduction - 2. Croatia - 3. The former Yugoslav Republic of Macedonia - 4. Turkey - 5. Albania - 6. Bosnia and Herzegovina - 7. Montenegro - 8. Serbia - 9. Kosovo (UN 1244).
Recoge: Part A: Regional overview : 1. Sustained growth in the Western Balkans - 2. Economic growth and government - 3. Regulatory policies and economic growth in transition economies - 4. Export-led growth in South Eastern Europe?-- Part B: Country Analysis: -Albania - Bosnia and Herzegovina - Croatia --Former Yugoslav Republic of Macedonia - Montenegro -Serbia - Kosovo.
Recoge: Country analysis: 1. Croatia - 2. The former Yugoslav Republic of Macedonia - 3. Iceland - 4. Montenegro - 5. Turkey.
Recoge: Country analysis: 1. Croatia - 2. The former Yugoslav Republic of Macedonia - 3. Turkey.
In this Occasional Paper the Directorate General for Economic and Financial Affairs brings together into a single document the economic chapters of the 2008 Progress Reports on progress made towards meeting the accession criteria of each candidate and potential candidate country. The European Commission adopted these Reports on 5 November 2008. The purpose of this Occasional Paper is to facilitate the work of those scholars, researchers and analysts of the enlargement process, which are mainly interested in the economic aspects.
This paper provides an overview and assesses the 2008 fiscal notifications made by candidate countries (Croatia, former Yugoslav Republic of Macedonia, Turkey). All candidate countries were invited to submit fiscal notifications to the Commission services, in accordance with the commitments made under the pre-accession fiscal surveillance procedure. This notification is the eight such annual exercise, though only the fourth for Croatia, a candidate country since June 2004, and the third for the former Yugoslav Republic of Macedonia, a candidate country since December 2005.Candidate countries are more or less familiar with the EU legal and methodological principles for the calculation of general government deficits and debt levels. The presentation of the notification tables and in particular the reconciliation between the national budget balance and the balance used in EU fiscal surveillance is generally in line with the requirements. Significant efforts have been made to provide figures that comply as much as possible with the methodology and coverage required by the fiscal notifications.The prospect of accession is a catalyst for reforms in the scope and the management of the national budgets. Budget presentations are being modernised, and national budgetsœ coverage of government operations is being made more exhaustive. In particular, there has been a spectacular reduction in the number of off-budget and special funds accounts and operations. Also, the reference to central and general government in EU fiscal surveillance often leads to more systematic monitoring, supervision and controllability of the operations of local authorities and of social security.
"The design of the initial scoreboard is presented in the first Alert Mechanism Report (AMR) issued by the Commission on 14 February 2012. This paper adds to the AMR by describing in more detail the rationale of the different indicators, the choices made in the selection process and how they should be economically understood in the context of the MIP. The scoreboard consists of a set of ten indicators with indicative thresholds: two indicators aim at monitoring external positions, three indicators capture competitiveness developments and the subsequent five indicators reflect internal imbalances." (EU Bookshop).