EU likely to audit Bulgaria statistics first
EU economy commissioner Olli Rehn has said that Bulgaria may have its national statistics examined under new EU audit powers, the BBC reports.
Wednesday, 09.06.2010.
11:19
EU economy commissioner Olli Rehn has said that Bulgaria may have its national statistics examined under new EU audit powers, the BBC reports. Speaking to the press at a meeting of EU finance ministers, he expressed concerns over the country's data. EU likely to audit Bulgaria statistics first Ministers have agreed to give the European statistical office new powers to make sure EU governments comply with limits on their borrowing. Misreporting by the Greek government contributed to the current crisis. "We have had some concerns as regards the statistical performance of Bulgaria and are considering sending a mission shortly ... which has all these audit powers," said commissioner Olli Rehn. The Greek debt crisis highlighted the problems that European authorities had with verifying economic data given to it by member states. Like Greece, Bulgaria had to significantly revise its budget deficit calculation for 2009, from 1.9% of GDP to 3.7%. The Balkan country, which only joined the EU in 2007, was also forced to put plans to join the euro on hold. Brussels previously cut aid to Bulgaria by 220m euros in 2008 because of concerns over corruption. However, Bulgaria has fixed its exchange rate to the euro since the euro's inception in 1999. This means that, as with eurozone member Greece, the Bulgarians cannot easily devalue their currency in order to help their economy.
EU likely to audit Bulgaria statistics first
Ministers have agreed to give the European statistical office new powers to make sure EU governments comply with limits on their borrowing.Misreporting by the Greek government contributed to the current crisis.
"We have had some concerns as regards the statistical performance of Bulgaria and are considering sending a mission shortly ... which has all these audit powers," said commissioner Olli Rehn.
The Greek debt crisis highlighted the problems that European authorities had with verifying economic data given to it by member states.
Like Greece, Bulgaria had to significantly revise its budget deficit calculation for 2009, from 1.9% of GDP to 3.7%.
The Balkan country, which only joined the EU in 2007, was also forced to put plans to join the euro on hold.
Brussels previously cut aid to Bulgaria by 220m euros in 2008 because of concerns over corruption.
However, Bulgaria has fixed its exchange rate to the euro since the euro's inception in 1999.
This means that, as with eurozone member Greece, the Bulgarians cannot easily devalue their currency in order to help their economy.
0 Komentari
Možda vas zanima
Rat – dan 794: Uništeni su; Žestoke borbe; "Noćna mora" VIDEO
Rat u Ukrajini – 794. dan. Ukrajinski presednik Volodimir Zelenski izjavio je da je Ukrajini potrebno najmanje sedam PVO sistema Patriot i pozvao ukrajinske partnere da ne gube vreme kako bi se Rusiji uputio "odlučan signal".
23:30
27.4.2024.
1 d
Analiza: Zašto su Nemci i SAD odložili izjašnjavanje o Rezoluciji o Srebrenici
Glasanje o Rezoluciji o Srebrenici pred Generalnom skupštinom Ujedinjenih nacija, prvobito planirano za 2. maj, pomereno je za najmanje četiri dana, jer Zapad želi da dobije na vremenu kako bi prikupio dodatne glasove.
19:11
27.4.2024.
1 d
Zapad zapretio, Kina uzvratila
Kina je usvojila zakon o carinama kojim želi da osnaži mehanizme odbrane svoje ekomonije nakon pretnji Sjedinjenih Američkih Država i Evropske unije da će reagovati na izvoz jeftinih kineskih proizvoda.
7:59
27.4.2024.
1 d
Srđan Đoković hitno primljen u Urgentni centar
Srđan Đoković, otac najboljeg tenisera sveta Novaka Đokovića, hitno je primljen u Urgentni centar, prenosi "Kurir".
14:30
28.4.2024.
11 h
Glasanje o rezoluciji o Srebrenici bila nemačka ideja koju je podržao NATO; Vučić predvideo prljavu igru
Predsednik Srbije Aleksandar Vučić obratio se prethodnih dana u Njujorku gde se osvrnuo na aktuelne pritiske vezane oko pokušaja nametanja sramne Rezolucije o Srebrenici.
9:01
28.4.2024.
16 h
Komentari 0