Accounting for PPPs: The Eurostat Approach

Abstract

To understand this chapter on the Eurostat approach to accounting for public-private partnerships (PPPs), one should recall the specific statistical setup in the European Union (EU) for fiscal monitoring. In a nutshell, the statistics applicable to fiscal monitoring are based on national accounts, following the 1995 European System of Accounts (ESA 95). The ESA 95 is the European version or adaptation of the international System of National Accounts (SNA) 1993. Eurostat has developed procedures to spell out interpretations of the ESA 95.