
Article 1 
This Regulation lays down specifications concerning the content of the reports that Member States whose currency is the euro are required to submit pursuant to Article 10(3) of Regulation (EU) No 473/2013.
Article 2 

1. The reports referred to in Article 1 shall have the following structure:
— Actual balances, debt developments, and updated budgetary plans for the period of correction for the general government and its sub-sectors;
— Description and quantification of the fiscal strategy in nominal and structural terms (cyclical component of the balance, net of one-off and temporary measures) to correct the excessive deficit by the deadline set by the Council in the view of the latest Council recommendation or decision to give notice in accordance with Article 126(7) or Article 126(9) TFEU, including detailed information on budgetary measures planned or already taken to achieve these targets and their budgetary impact.
2. The reports shall include tables as indicated in the Annex to this Regulation.
Article 2a 

1. Where a Member State is subject to enhanced surveillance solely as a result of having drawn on the Pandemic Crisis Support of the European Stability Mechanism, the in-year reporting requirement pursuant to Article 10 of Regulation (EU) No 473/2013 shall pertain to the use of the Pandemic Crisis Support funds to cover direct and indirect healthcare, cure and prevention-related costs related to the COVID-19 pandemic.
2. The reports shall include the table indicated in Annex II.
Article 3 
This Regulation shall enter into force on the third day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaties.
ANNEX I
NB: In tables below, Year t corresponds to the year of submission of the report. Reporting for the items indicated in bold is compulsory. The conceptual framework agreed in the context of Council Directive 2011/85/EU should be implemented.
EUR millions Year t
Q1 Q2 Q3 Q4
Overall balance by sub-sector (6-7)

1. General government
    

2. Central government
    

3. State government
    

4. Local government
    

5. Social security funds
    
For each sub-sector (please indicate which)

6. Total revenue/inflows
    
Of which (indicative list)
Taxes, of which:    
Direct Taxes    
Indirect taxes, of which:    
VAT    
Social contributions    
Sales    
Other current revenue    
Capital revenue    
Inflows from operations in financial instruments    

7. Total expenditure/outflows
    
Of which (indicative list)
Purchase of goods and services    
Compensation of employees    
Interest    
Subsidies    
Social benefits    
Other current expenditure    
Capital transfers payable    
Capital investments    
Outflows from operations in financial instruments    






The data of budgetary execution provided in Table 1a and 1b should be consistent; a reconciliation table showing the methodology of transition between the two tables should be communicated.

EUR millions ESA code Year t
Q1 Q2 Q3 Q4
Net lending (+)/net borrowing (–)

1. General government
 S.13    

2. Central government
 S.1311    

3. State government
 S.1312    

4. Local government
 S.1313    

5. Social security funds
 S.1314    
For the general government (voluntary for the sub-sectors)

6. Total revenue
 TR    
Of which
Taxes on production and imports D.2    
Current taxes on income, wealth, etc. D.5    
Capital taxes D.91    
Social contributions D.61    
Property income D.4    
Other     

7. Total expenditure
 TE    
Of which
Compensation of employees D.1    
Intermediate consumption P.2    
Social payments D.62, D.632    
Interest expenditure D.41    
Subsidies D.3    
Gross fixed capital formation P.51    
Capital transfers D.9    
Other     

8. Gross debt
     







 ESA Code Year t – 1 Year t Year t + …
Net lending(+)/net borrowing (–) by sub-sector (% GDP)

1. General government
 S.13   

2. Central government
 S.1311   

3. State government
 S.1312   

4. Local government
 S.1313   

5. Social security funds
 S.1314   
General government (S.13) (% GDP)

6. Total revenue
 TR   

7. Total expenditure
 TE   

8. Interest expenditure
 D.41   

9. Primary balance
    

10. One-off and other temporary measures
    
  rate of change rate of change rate of change

11. Real GDP growth
    

12. Potential GDP growth
    
contributions:

— labour
    

— capital
    

— total factor productivity
    
  % potential GDP % potential GDP % potential GDP

13. Output gap
    

14. Cyclical budgetary component
    

15. Cyclically-adjusted balance (1 – 14)
    

14. Cyclically-adjusted primary balance (13 + 6)
    

15. Structural balance (13 – 10)
    




% GDP ESA Code Year t – 1 Year t Year t + 1 Year t + …

1. 
(= table 1c. 6)
 TR    
Of which

1.1. Taxes on production and imports
 D.2    

1.2. Current taxes on income, wealth, etc.
 D.5    

1.3. Capital taxes
 D.91    

1.4. Social contributions
 D.61    

1.5. Property income
 D.4    

1.6. Other
     
p.m.: Tax burden(D.2 + D.5 + D.61 + D.91-D.995)     

2. 
(= table 1c.7)
 TE    
Of which

2.1. Compensation of employees
 D.1    

2.2. Intermediate consumption
 P.2    

2.3. Social payments
 D.62, D.6311, D.63121, D.63131    
of which:Unemployment benefits     

2.4. Interest expenditure
 D.41    

2.5. Subsidies
 D.3    

2.6. Gross fixed capital formation
 P.51    

2.7. Capital transfers
 D.9    

2.8. Other
     








Expected budgetary impact of measures adopted and envisaged
List of measures Detailed description Target (Expenditure/Revenue)ESA Code Accounting principle Adoption Status Incremental budgetary impact (EUR million) on year
 t – 1 t t + 1 t + 2 t +
          
         
         
TOTAL





List of measures In-year reporting for measures having an effect on year t (choose one of the alternatives below) Expected annual budgetary impact for year t(EUR million)(= Table 3a)
Quarterly observed budgetary impact (EUR million) Cumulative observed budgetary impact since the start of the year (EUR million)
Q1 Q2 Q3 Q4
      
      
TOTAL      




  Year t – 1 Year t Year t + …
 ESA Code % GDP % GDP % GDP

1. 
(= Table 1b.8 for the general government)
    

2. Change in gross debt ratio
    
Contributions to changes in gross debt

3. 
(= Table 1c. 9)
    

4. 
(= Table 1c.8)
 D.41   

5. Stock-flow adjustment
    
of which:

— Differences between cash and accruals
    

— Net accumulation of financial assets
    
of which:

— Privatisation proceeds
    

— Valuation effects and other
    
p.m.: Implicit interest rate on debt(%)    
Other relevant variables

6. Liquid financial assets
    

7. Net financial debt 7=1− 6
    

8. Debt amortization (existing bonds) since the end of the previous year
    

9. Percentage of debt denominated in foreign currency (%)
    

10. Average maturity (years)
    

11. 
(= Table 1c row 11)
    








ANNEX II
 Year 2020 Year 2021 
In EUR millionTime series of actual data ending at quarter of the respective report to be submitted Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Healthcare, cure and prevention costs directly related to the COVID-19 pandemic        
[Item]        
[Further items as necessary]        
Part of overall public healthcare spending estimated to be directly or indirectly attributed to addressing the impact of COVID-19 on the healthcare system        
[Item]        
[Further items as necessary]        
Other indirect costs related to healthcare, cure and prevention due to the COVID-19 crisis        
[Item]        
[Further items as necessary]        


