Treatment of FISIM in Regional Accounts

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Presentation transcript:

Treatment of FISIM in Regional Accounts Andreas.Krueger@cec.eu.int

Structure of the talk Background FISIM Regulations State of implementation

Background FISIM method under discussion for years National level first, regional afterwards Method and timetable fixed by Regulations

FISIM Regulations Council Reg. 448/98: Commission Reg. 1889/2002: Requires FISIM adjustment Gives time for trial calculations Commission Reg. 1889/2002: Method: Stocks of loans + deposits, or output Implementation as from January 2005

State of Implementation National level Majority of MS implement until Sept 2005 Minority of MS is behind schedule Regional level Timetable: Few MS ready in 2004, roughly half in autumn 2005, minority not before 2006 Method: Most MS will take GVA, some output, very few stocks of loans + deposits

Thank you for your attention ! Questions and comments?

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