xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

5 Convergence criteria: assessment of deficits.U.K.

Before submitting the information required in implementing [F1Article 121(3) of the Treaty on the Functioning of the European Union], Her Majesty’s Government shall report to Parliament for its approval an assessment of the medium term economic and budgetary position in relation to public investment expenditure and to the social, economic and environmental goals set out in [F1Article 3 of the Treaty on European Union], which report shall form the basis of any submission to the Council and Commission in pursuit of their responsibilities under [F1Articles 121 and 126 of the Treaty on the Functioning of the European Union].