BUDGET Β· STRESS TEST Β· ACCOUNTABILITY
Budget alert thresholds: green, yellow, orange, red β and what happens next
Turning fiscal alerts into correction duties before slippage becomes irreversible.
Traffic lights that trigger actual duties
GREENCompliant.
YELLOWDocumented risk; public correction plan.
ORANGEDeviation of at least 0.5 percentage point of GDP from the authorised ceiling.
REDConstitutional breach or >3% deficit without a certified escape clause.
RED ESCAPECertified crisis; extraordinary account and amortisation.