Protocol No 12 on the excessive deficit procedure

E625507

Protocol No 12 on the excessive deficit procedure is a legal instrument of the European Union that sets out detailed rules and criteria for monitoring and correcting excessive government budget deficits and public debt in member states.

All labels observed (1)

How this entity was disambiguated

Statements (26)

Predicate Object
instanceOf European Union protocol ⓘ
legal instrument ⓘ
aimsTo ensure budgetary discipline in the European Union ⓘ
prevent excessive government deficits in member states ⓘ
appliesTo European Union member states ⓘ
basedOn Article 126 of the Treaty on the Functioning of the European Union ⓘ
defines criteria for determining excessive government deficits ⓘ
criteria for determining excessive public debt ⓘ
detailed rules for monitoring government budget deficits ⓘ
detailed rules for monitoring public debt ⓘ
establishes reference values for government deficit and debt ⓘ
geographicalScope European Union ⓘ
language all official languages of the European Union ⓘ
legalBasisFor correction of excessive government deficits ⓘ
surveillance of member states’ budgetary positions ⓘ
legalSystem European Union law ⓘ
linkedTo Stability and Growth Pact ⓘ
monitoredBy Council of the European Union ⓘ
European Commission ⓘ
partOf Treaty on the Functioning of the European Union ⓘ
regulates excessive deficit procedure ⓘ
relatedTo EU fiscal governance framework ⓘ
economic and monetary union ⓘ
subjectMatter government budget deficits ⓘ
public debt ⓘ
usedIn assessment of member states’ compliance with fiscal rules ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

excessive deficit procedure → hasLegalBasisIn → Protocol No 12 on the excessive deficit procedure ⓘ
Article 126 of the Treaty on the Functioning of the European Union → implementedBy → Protocol No 12 on the excessive deficit procedure ⓘ
Article 126 of the Treaty on the Functioning of the European Union → relatedTo → Protocol No 12 on the excessive deficit procedure ⓘ