adjustment periodmeans the period over which the fiscal adjustment of a Member State takes place, covering a period of four years or, in the case of an extension, a period of four years plus an additional period of up to three years;
annual progress reportmeans a report of a Member State on the implementation of the national medium-term fiscal-structural plan, including the net expenditure path as set by the Council and the reforms and investments;
control accountmeans a record of the cumulated upward and downward deviations of the observed net expenditure in a Member State from the net expenditure path as set by the Council;
country-specific recommendationmeans the guidance annually addressed by the Council to a Member State on economic, budgetary, employment and structural policies in accordance with Articles 121 and 148 TFEU;
national medium-term fiscal-structural planmeans the document containing the fiscal, reform and investment commitments of a Member State, covering a period of four or five years depending on the regular length of the legislative term of that Member State;
net expendituremeans government expenditure net of interest expenditure, discretionary revenue measures, expenditure on programmes of the Union fully matched by revenue from Union funds, national expenditure on co-financing of programmes funded by the Union, cyclical elements of unemployment benefit expenditure, and one-offs and other temporary measures;
net expenditure pathmeans the multi-annual trajectory for net expenditure of a Member State;
reference trajectorymeans the multiannual net expenditure trajectory transmitted by the Commission to frame the dialogue with Member States where government debt exceeds 60 % of gross domestic product (GDP) or where the government deficit exceeds 3 % of GDP when drawing up their national medium-term fiscal-structural plans;
structural balancemeans the cyclically adjusted general government balance net of one-offs and other temporary measures;
structural primary balancemeans the structural balance net of interest expenditure.
technical informationmeans the guidance transmitted by the Commission upon request to Member States with government debt not exceeding 60 % of GDP and government deficit not exceeding 3 % of GDP before Member States draw up their national medium-term fiscal-structural plans;