In the 2005 OECD report for Greece, it was clearly stated that "the impact of new accounting rules on the fiscal figures for the years 1997 to 1999 ranged from 0.7 to 1 percentage point of GDP; this retroactive change of methodology was responsible for the revised deficit exceeding 3% in 1999, the year of [Greece's] EMU membership qualification". The above led the Greek minister of finance to clarify that the 1999 budget deficit was below the prescribed 3% limit when calculated with the ESA79 methodology in force at the time of Greece's application, and thus the criteria had been met. COUNT 5
QSN1 Who provided a report for Greece in 2005? ANS1 OECD QSN2 What was the range of the impact of the new accounting rules on the Greek fiscal figures for the years 1997 to 1999? ANS2 0.7 to 1 percentage point of GDP QSN3 What was the year of Greece's EMU membership qualification? ANS3 1999 QSN4 What methodology was in force when Greece submitted its membership qualification? ANS4 ESA79 QSN5 What did the Greek minister of finance clarify the 1999 budget was below when calculated with the ESA79 methodology? ANS5 the prescribed 3% limit