Memo: Commissioner Šemeta welcomes EP vote on the revision of the European System of Accounts (ESA 2010)

Algirdas Šemeta, European Commissioner responsible for Statistics, has welcomed the European Parliament's endorsement on 13 March 2013 of the proposed Regulation on ESA 2010. This will allow a revised methodological framework for national accounts data, adapted to today's economies, to be used in compiling data for economic policy and other administrative purposes in the EU.

The European System of National and Regional Accounts (ESA) sets down the harmonised methodology which must be used by for the production of national accounts data in the EU. It is crucial to have such a harmonised methodology, in order to ensure that statistics on Member States' economies are compiled in a consistent, comparable, reliable and up-to-date way.

ESO: Background Information: Proposal for a Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union http://www.europeansources.info/record/proposal-for-a-regulation-of-the-european-parliament-and-of-the-council-on-the-european-system-of-national-and-regional-accounts-in-the-european-union/

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