to-GDP ratio. In other words, the FTPL does not seem to fit the EU-15, even if one
were to endorse its theoretical framework.
Annex - statistical sources
- Net lending (+) or net borrowing (-) excluding interest payments of general
government (Percentage of gross domestic product at market prices). AMECO Code:
1.0.310.0.UBLGI.
- Public debt; ESA 95; Maastricht and former definition (linked series) (Percentage of
gross domestic product at market prices). AMECO Code: 1.0.310.0.UDGGL.
- Total public receipts (Percentage of gross domestic product at market prices).
AMECO Code: 1.0.310.0.UTCTF.
- Price deflator of private final consumption expenditure. National currency. Index
number. AMECO Code: 3.1.0.0.PCPH.
Source: AMECO (ANNUAL MACRO ECONOMIC DATABASE): European
Commission, Directorate General, Economic and Financial Affairs, Directorate A:
Economic studies and research; Unit 2: Economic databases and statistical co-
ordination; Sector: Macro-economic database, November 2001.
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