New elements relevant for GFS/EDP-data

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Presentation transcript:

New elements relevant for GFS/EDP-data ESA 2010 New elements relevant for GFS/EDP-data

Happy new year ESA 2010

New publications ESA 2010

Overview 5 presenters to present: Delineation of government; R&D; Tax credits; Military expenditure; Financial and other issues; Pensions; Standardised and one-off guarantees. Martin Kellaway Daniel Ker Cecilia Pop Denis Besnard Gabe de Vries ESA 2010 ESA 2010, introduction

Council Regulation 479/2009 - application of the Protocol on the EDP annexed to the Treaty establishing the European Community - amended by 679/2010 - ESA10 adopted in 2013 Regulation 549/2013 - EDP notifications from September 2014 - amendments needed to 479/2009 ESA 2010

Council Regulation 479/2009 - Commission Regulation in process of adoption to change references from ESA95 to ESA10 - issue: treatment of swap interests –> EDP B9 ESA 2010

Council Regulation 479/2009 Amendments proposed for 479/2009 - transition period swaps: 5 years - recital on methodology and data quality regarding valuation of government debt debt at nominal value -> aim of introduction after 5 years ESA 2010

Council Regulation 479/2009 Amendments proposed for 479/2009 - trade credits as compulsory memorandum item from September 2014, in EDP tables - trade credits part of Maastricht debt after 5 years subject to quality requirements ESA 2010