(ver página na versão portuguesa
»»») Implications of Council Directive 2011/85/EU on the collection and dissemination of fiscal data
As part of the Economic Governance Strengthening Package (Six-pack), adopted by the European Parliament and the Council in November 2011,
Directive 2011/85/EU was adopted on 8 November, establishing requirements applicable to the budgetary frameworks of Member States (MS) and whose implementation had implications at the level of collecting and disseminating budgetary information. Articles 3 and 14 provided for the regular and timely disclosure of
(ii) fiscal data (cash basis), monthly and quarterly, for all subsectors of general government, as well as the publication of data on
(i) contingent liabilities and other indicators that may indicate a potential impact on the deficit and/or debt of general government.
The reform of the economic governance framework of the European Union approved in 2023 determined the adoption of three legislative acts, namely
Regulation 2024/1263/EU,
Regulation 2024/1264/EU and
Directive 2024/1265/EU, in force since 30 April. In particular,
Directive 2024/1265/EU revised Directive 2011/85/EU, introducing significant changes at various levels, particularly regarding publication obligations. The monthly and quarterly publication of cash-based fiscal data based on public accounting for all subsectors of general government, as well as the methodological reconciliation table between public accounting and national accounts, is no longer mandatory under Directive 2024/1265/EU.
The annual publication of information on non-performing loans, the participation of general government in the capital of private and public corporations, liabilities of public corporations classified outside the general government, government guarantees, and Public-Private Partnerships remains in place.
Contingent liabilities and other indicators(i)
Cash-based fiscal data(ii)
– Monthly and quarterly series
Methodological reconciliation table
The methodology of transition between cash-based data and data based on the European System of Accounts (ESA 2010), is published by Statistics Portugal in the
Excessive Deficit Procedure context.
