Sentences with phrase «year deficits agreed»

Not exact matches

Data from the European Commission indicates that the Greek deficit should fall below 3 percent in 2016 and that Athens should outperform its agreed primary surplus target of 0.5 percent this year.

Madrid expects the economy to contract 1.7 % this year, and euro - zone finance ministers agreed Monday to relax Spain's budget deficit targets to 6.3 % of gross domestic product in 2012 instead of 5.3 %, down from a deficit of 8.9 % last year.

The FIGC on Monday agreed their budget for 2018 and have set aside 5 million euro ($ 5.6 m) to pay the new coach, despite a projected deficit of 9 million euros for the year, according to press reports.

But in exchange for getting the popular Democratic gubernatorial candidate on its line — thus ensuring it would well surpass the required 50,000 - vote mark to live another four years (the party ended up moving to Row D)-- the WFP had to agree to Cuomo's «New NY Agenda,» which included a slew of agenda items — the property tax cap, no new taxes to close the budget deficit etc. — that the left had opposed.

Current debates about the economic situation in Spain, for example, are centred on the country's need to reduce its budget deficit to 5.3 % of GDP, as agreed this year with European partners in Brussels.

Given the necessity of agreeing Government spending plans and departmental budgets for the 2015 - 16 financial year, this will be challenging, and it is of particular importance that the Party develops and articulates policies addressing its approach to the deficit beyond 2016.

Senate Democratic leaders have delayed consideration of the annual budget resolution until Congressional leaders and the White House agree to deficit reduction package, which is expected to set discretionary spending levels for fiscal 2012 and possibly for future years.

Fields, 64, who has been endorsed by the union in past elections, angered the organization earlier this year with her proposal that teachers across the state reopen their contracts and agree to a wage freeze to help close the state budget deficit.

Some critics, including Nicole Gelinas of the fiscally conservative Manhattan Institute, say de Blasio is driving up out - year deficits by agreeing to contracts that offer retroactive raises.

Cuomo and state lawmakers earlier this year agreed to a $ 132 billion budget that closed a $ 10 billion deficit without broad - based tax increases.

At issue is agreeing on how to close a projected $ 5 billion deficit in the state's next two - year $ 40 billion budget.

U.S. Senate Republicans, abandoning a key fiscal doctrine, agreed to move forward on a budget that would add to the federal deficit in order to pave the way for a $ 1.5 trillion tax cut over the next 10 years.

There is much concern in Washington about the impending «fiscal cliff» of severe cuts to federal programs that will automatically result if Congress and the Obama administration can not agree on a deficit reduction plan by the end of this year.

The agreement says: «The parties agree that deficit reduction and continuing to ensure economic recovery is the most urgent issue facing Britain... The parties agree that modest cuts of # 6bn to non-frontline services can be made within the financial year 2010 - 11, subject to advice from the Treasury and Bank of England on their feasibility and advisability.»

They agreed with the governor's view that the state will probably have to close a $ 4 billion deficit next year, due to lowered tax revenues and federal health care cuts.

A new Senate plan offers a $ 30 million boost to schools two years from now - but only if the House agrees to a long - term plan to fill the majority of Alaska's deficit with investment earnings from the Permanent Fund.

The doctor can do a checkup, and run some tests to determine if you are deficit in A 54 - year - old man was arrested for allegedly raping a 16 - year - old boy after agreeing to meet at a motel following a series of messages online.

The legislation, which had overwhelming bipartisan support in both the U.S. House of Representatives and the Senate, requires the president to detail how the administration will implement the $ 1.2 trillion in sequestration cuts to domestic and defense programs scheduled for the start of 2013 if Congress is unable to agree on another deficit - reduction plan before the end of the year.

Just days shy of its December 13 deadline, a bipartisan congressional committee charged with developing a long - term budget solution agreed on a two - year plan (PDF) that addresses sequestration cuts, establishes top - level budget amounts for FY14 and FY15, and allows both Democrats and Republicans to continue negotiating a deficit reduction plan.

According to the agreed five - year plan, Simon took over an $ 850,000 loan on the building and other financial obligations, including a $ 1 million accumulated operating deficit, in return for using 75 % of the gallery space for his collection.

The accounts show that the firm, which is due to merge with CMS Cameron McKenna and Olswang on 1 May next year, paid in # 4.4 m into the scheme during the last financial year in a bid to clear the deficit more quickly than a 19 - year recovery plan agreed in 2014.