Mr. Tony Gallagher:

All I know is that in the macroeconomic imbalance procedure there are 11 metrics. That is not a budgetary process although the recommendations of the EU semester are expected to lead to budgetary decisions so that if macroeconomic imbalances are identified they will feature as countries' specific recommendations can. The 11 indicators to which I have referred are only a starting point to highlight to the Commission if further investigation is needed of a member state.