{
  "version": "V20.9.1",
  "updated": "2026-08-07",
  "provider": "European Commission — DG ECFIN",
  "database": "AMECO",
  "release": "Spring 2026 Economic Forecast",
  "release_date": "2026-06-03",
  "country": "France",
  "series_code": "FRA.1.0.319.0.UBLGAPS",
  "variable": "UBLGAPS",
  "label": "Structural balance of general government — adjustment based on potential GDP, excessive deficit procedure",
  "unit": "Percentage of potential GDP at current prices",
  "redistribution": {
    "provider": "DBnomics",
    "retrieved": "2026-06-04T01:29:00Z",
    "url": "https://db.nomics.world/AMECO/UBLGAPS/FRA.1.0.319.0.UBLGAPS",
    "visible_summary": {
      "latest_period": 2027,
      "latest_value": -5.192,
      "minimum": -5.745,
      "maximum": -2.625,
      "average": -4.264
    }
  },
  "official_sources": [
    "https://economy-finance.ec.europa.eu/economic-research-and-databases/economic-databases/ameco-database_en",
    "https://economy-finance.ec.europa.eu/economic-research-and-databases/economic-databases/ameco-database/download-annual-data-set-macro-economic-database-ameco_en"
  ],
  "observations": {
    "embedded": false,
    "reason_fr": "Aucune série annuelle n'est reconstituée ou complétée à partir de valeurs devinées. Les observations seront publiées seulement après import direct d'un fichier AMECO officiel ou d'un export DBnomics vérifié, avec conservation du millésime et de l'empreinte du fichier source.",
    "reason_en": "No annual series is reconstructed or completed from guessed values. Observations will be published only after direct import of an official AMECO file or a verified DBnomics export, preserving the vintage and source-file hash."
  },
  "backtest_protocol": {
    "current_release_use": "ex_post_reference",
    "historical_vintage_use": "real_time_reference_when_available",
    "comparison": "store both the value known at the decision date and the latest revised value, then calculate the revision separately",
    "legal_boundary": "a later revision of potential output or structural balance cannot by itself establish fraud, intent or criminal liability"
  }
}
