Glossary entry

English term or phrase:

fiscal consolidation

French translation:

consolidation budgétaire

Added to glossary by Cassandra Delacote
Sep 11, 2012 14:27
11 yrs ago
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English term

fiscal consolidation

English to French Other Government / Politics
‘In order to stabilise the rapidly deteriorating economic situation in Greece’ he continued, ‘we made an agreement with the EU and the IMF to secure necessary funding. The conditions of these loans were to implement an ambitious fiscal consolidation programme that entailed deep sacrifices by the Greek people. By 2011, we achieved the largest deficit reduction ever within the Eurozone. We reduced the deficit from 36,6 billion euros in 2009 to 18,1 billion in 2011.

I am not sure whether to translate this term by:'Consolidation fiscale', 'intégration fiscale', or assainissement budgétaire.

I know that fiscal is sometimes translated as 'budgétaire' and sometimes as 'fiscal', though I have no idea why this should be.

As to 'intégration fiscale', I have only mentioned it as it came up more frequently on google.fr than 'consolidation fiscale'
but anyway, I am in the dark as to the meaning of these terms, as finance is not my strong point1

the correct translation and any additional input would be much appreciated.
Proposed translations (French)
4 +4 consolidation budgétaire

Proposed translations

+4
4 mins
Selected

consolidation budgétaire

C'est l'expression habituellement employée, également "assainissement budgétaire", qui est peut-être plus claire pour les non-spécialistes.
Peer comment(s):

agree Philippe Maillard
12 mins
agree Marie-O59
44 mins
agree Timothy Rake
1 hr
agree Victor Santos
5 hrs
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4 KudoZ points awarded for this answer. Comment: "parfait! Merci"
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