In its recommendation, the Council shall request that the Member State achieve annual budgetary targets which, on the basis of the forecast underpinning the recommendation, are consistent with a minimum annual improvement of at least 0,5 % of GDP as a benchmark, in its cyclically adjusted balance net of one-off and temporary measures, in order to ensure the correction of the excessive deficit within the deadline set in the recommendation.

3. Taking into account that the monetary stimulus given in recent years is gradually being withdrawn; calls on the Commission to adhere to a strict interpretation of the renewed Stability and Growth Pact and on Member States to pursue an annual improvement in their cyclically adjusted budget deficits of 0,5% of GDP as a benchmark, which will help to dampen inflationary pressures and keep interest rates down at levels that do not endanger the current economic recovery; recalls in this context the added value of better fiscal, especially budgetary, coordination among Mem ...[+++]ber States towards a more coherent macro-economic policy balance, as compared to the well-developed monetary policy of the EMU;

3. Taking into account that the monetary stimulus given in recent years is gradually being withdrawn; calls on the Commission to adhere to a strict interpretation of the renewed Stability and Growth Pact and on Member States to pursue an annual improvement in their cyclically adjusted budget deficits of 0,5% of GDP as a benchmark, which will help to dampen inflationary pressures and to keep interest rates down at levels that do not endanger the current economic recovery; recalls in this context the added value of better fiscal, especially budgetary, coordination amongst M ...[+++]ember States towards a more coherent macro-economic policy balance, as compared to the well-developed monetary policy of the EMU;

3. Taking into account that the monetary stimulus given in recent years is gradually being withdrawn; calls on the Commission to adhere to a strict interpretation of the renewed Stability and Growth Pact and on Member States to pursue an annual improvement in their cyclically adjusted budget deficits of 0,5% of GDP as a benchmark, which will help to dampen inflationary pressures and keep interest rates down at levels that do not endanger the current economic recovery; recalls in this context the added value of better fiscal, especially budgetary, coordination among Mem ...[+++]ber States towards a more coherent macro-economic policy balance, as compared to the well-developed monetary policy of the EMU;

9. Calls on the Commission to adhere to a strict interpretation of the renewed Stability and Growth Pact, not allowing the use of temporary measures or creative accounting; urges Member States to foster competitiveness and to pursue an annual improvement in their cyclically adjusted budget deficits and to ensure higher adjustment efforts in economically prosperous times; believes that wage increases should be consistent with the trend in productivity over the medium term; calls for a moderate and responsible pricing policy, in particular in cases of monopolistic or oligopolistic markets, which dampens inflationary pressures and keeps ...[+++]interest rates down at levels that do not endanger the current economic recovery;

9. Calls on the Commission to adhere to a strict interpretation of the renewed Stability and Growth Pact, not allowing the use of temporary measures or creative accounting; urges Member States to foster competitiveness and to pursue an annual improvement in their cyclically adjusted budget deficits and to ensure higher adjustment efforts in economically prosperous times; believes that wage increases should be consistent with the trend in productivity over the medium term; calls for a moderate and responsible pricing policy, in particular in cases of monopolistic or oligopolistic markets, which dampens inflationary pressures and keeps ...[+++]interest rates down at levels that do not endanger the current economic recovery;