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Excessive Deficit Procedure

Publication of the EDP-notification for Denmark
This site contains the complete EDP-notification for Denmark to the European Commission of general government surplus/deficit (EMU-deficit) and general government gross debt (EMU-debt). The publication take place in connection to Statistics Denmarks two yearly EDP-notifications before 1. of April and 1. of October.
Furthermore an "EDP consolidated inventory of sources and methods" is published, i.e. a describtion of sources and methods that are used in the EDP-notifications.


Key figures for the convergence of fiscal policy
With the introduction of EU's Economic and Monetary Union (EMU), the Euro Member States are obliged to comply with certain demands, which are especially based on a number of economic key figures. Two essential key figures are the EMU- debt and the EMU- deficit, which also enters into the Stability and Growth Pact. The definition of EMU- debt and the EMU- deficit originates from the European System Accounts (ESA) as adjusted net borrowing and selected nominal items of debt for General Government. According to the EDP-criteria, which are layed down in the treaty, the general government deficit must as maximum amount to 3 % of GDP, and the general government debt must as maximum amount to 60 % of GDP.

Comparable International Statistics
The Danish EMU key figures will be released at the beginning of May and November, together with key figures of the other EU Member States in the series Public Finances.

StatBank Denmark
If you are interested in EMU key figures for Denmark and the other EU Member States, you will be able to find them at StatBank Denmark on our homepage www.statbank.dk. Under 'Subjects' you can choose 'Public Finance'. Now choose the folder 'EMU-debt and EMU-deficit'. The key figures are both in percent of GDP and in absolute amount in EUR and DKK.

 

Note: The revision concerns the treatment of debt relating to urban renewal.

 

 

 


 
PdfEDP consolidated inventory of sources and methods
PdfReporting of government deficits and debt levels, 1. notification 2010
PdfReporting of government deficits and debt levels, 2. notification 2009
PdfSupplementary tables for the financial crisis



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E-postMichael F. Nielsen  
telefon(+45) 39 17 34 71.

Page was updated on:
22 April 2009.
 Statistics Denmark - Sejroegade 11 - DK-2100 Copenhagen Oe - - Phone + 45 39 17 39 17