Stability and growth pact: Council launches excessive deficit procedures against seven member states - Consilium

Stability and growth pact: Council launches excessive deficit procedures against seven member states - Consilium

Today the Council adopted decisions establishing the existence of excessive deficits for Belgium, France, Italy, Hungary, Malta, Poland and Slovakia. In addition the Council established that Romania, which is under the excessive deficit procedure since 2020, has not taken effective action to correct its deficit and therefore the procedure should remain open.  (...)