Traduction de «Commission de revue des défaillances » (Français → Anglais) :

A. whereas, according to the Commission services’ spring 2014 forecast, GDP in the euro area fell by 0,4 % in 2013 after a decline of 0,7 % in 2012, and whereas the Commission services expect a recovery, with GDP rising by 1,2 % in 2014 and by 1,7 % in 2015; whereas the Commission services‘ autumn 2014 forecast revised growth projections downward, with GDP expected to have risen by only 0,8 % in 2014 and by 1,1 % in 2015, with prevailing downside risks;

A. whereas, according to the Commission services’ spring 2014 forecast, GDP in the euro area fell by 0.4 % in 2013 after a decline of 0.7 % in 2012, and whereas the Commission services expect a recovery, with GDP rising by 1.2 % in 2014 and by 1.7 % in 2015; whereas the Commission services‘ autumn 2014 forecast revised growth projections downward, with GDP expected to have risen by only 0.8 % in 2014 and by 1.1 % in 2015, with prevailing downside risks;

A. whereas, according to the Commission services’ spring 2014 forecast, GDP in the euro area fell by 0,4 % in 2013 after a decline of 0,7 % in 2012, and whereas the Commission services expect a recovery, with GDP rising by 1,2 % in 2014 and by 1,7 % in 2015; whereas the Commission services‘ autumn 2014 forecast revised growth projections downward, with GDP expected to have risen by only 0,8 % in 2014 and by 1,1 % in 2015, with prevailing downside risks;

191. Considers that the way in which the Commission addresses the deficiencies detected in the LPIS system (excessively long conformity procedures leading to the flat-rate corrections with delayed inclusion of action plans and reservations in the annual activity reports) creates a financial risk to the budget of the Union; calls, in order to remedy shortcomings in LPIS systems, for action plans to be implemented promptly; calls, in the event of failure to comply with the deadlines, for proportionate reduction and suspension of monthly or intermediate payments to the Member States concerned in order to avoid creating a financial risk to ...[+++] the budget of the Union.

[8] European Commission, EU Employment and Social Situation Quarterly Review, June 2013, pp. 42-43, based on Eurostat, EU-LFS.

E. whereas the European economy achieved better results in 2006 and exceeded those of previous years; however, following the financial volatility and taking account of the increased risks, the European Commission has revised the forecast for 2007 slightly down, to 2.5% for the euro area and 2.8% in the EU; whereas the current financial upsets which have led to the slight revision of the autumn forecasts by the European Commission could also mark a turning point in the economic cycle unless transparency of the markets and appropriate reactions by policy makers reaffirm consumers’ trust,