Traduction de «juste dette » (Français → Anglais) :

Considers that while a policy of debt reduction is important, a rapid consolidation of public finances should not be detrimental to the systems of social protection and public services when these have rightly been welcomed for the role they play as automatic stabilisers in mitigating the crisis; notes that fostering efficiency in social protection and public services can simultaneously improve economic efficiency and the quality of services; recognizes that the failure to strike the right balance could lead to sluggish growth over a long period, accompanied by persistent unemployment, and thus the inexorable erosion of Europe's global ...[+++]competitiveness;

The Parliament is therefore right to demand documents proving the payment of these arrears to the assistants in order to reduce the debt.

Moreover, the projected debt figures for the years 2005 to 2007, contained in the June 2005 stability programme update, and broadly in line with the debt projections of the Commission services Spring 2005 forecast, suggest a further sharp increase in the debt ratio up to a peak of just below 68 % in 2007.

The updated stability programme envisages a small rise in the debt ratio, to just below 35% by 2005, although without the build-up of assets in the National Pensions Reserve Fund [8] the debt ratio would continue to fall to 2005.

An additional downturn in the debt/GDP ratio is expected, to below 60% in 2001 and just under 50% by the end of the programme period.

The country-specific decisions shall also take into account the structure of the country's exposure towards the Community, the desire to choose the simplest administrative proposals and the need to ensure an equitable and fair treatment between the eligible countries in full respect for the decisions reached among all the creditors.