OpenLegislation

Division Economic criteria

United Kingdom

Original text. Later amendments are not shown.

  • Maintain sound fiscal policies and, in particular, ensure that social policies addressing poverty and social exclusion are compatible with the long-run sustainability of public finances.

  • Establish annual targets for improved bill collection rates of public utilities and define and implement strategies to reach those targets.

  • Significantly advance the privatisation of former socially-owned enterprises in accordance with the Trust Agency schedule.

  • Improve the governance, efficiency and financial sustainability of publicly-owned enterprises. Further strengthen the operational and financial independence of regulatory authorities with a view to enhancing transparency and competition in the respective sectors.

  • Develop and implement policies facilitating the transfer from non-registered to registered employment in order to create a functioning official labour market and to enhance the effectiveness of labour market polices.