OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

Decision 2009/459/EC is hereby amended as follows:

  1. 1..

    in Article 3(5), point (a) shall be replaced by the following:

    1. (a)

      ‘implementing a clearly set medium-term fiscal programme so as to bring the general government deficit below the Treaty reference value of 3 % of GDP with a time-frame and a consolidation path which are consistent with the Council recommendations to Romania adopted under the excessive deficit procedure.’;

  2. 2..

    in Article 3(5), point (b) shall be replaced by the following:

    1. (b)

      ‘adopting and implementing annual budgets for 2010 and beyond, consistent with the consolidation path set out in the Supplemental Memorandum of Understanding.’.