EURACTIV EconomyAustrian far right scores victory as EU Commission approves budget plan https://www.euractiv.com/section/economy-jobs/news/austrian-far-right-scores-victory-as-eu-commission-approves-budget-plan/?utm_source=mastodon&utm_medium=dlvr.it #Austria #EUfiscalrules #excessivedeficitprocedure #farright
Barnier promises unprecedented €60 billion budget measure for 2025 https://www.euractiv.com/section/economy-jobs/news/barnier-promises-unprecedented-e60-billion-in-budget-savings-for-2025/?utm_source=dlvr.it&utm_medium=mastodon #budgetcuts #excessivedeficitprocedure #France #GabrielAttal
EURACTIV PoliticsBarnier promises unprecedented €60 billion budget measure for 2025 https://www.euractiv.com/section/economy-jobs/news/barnier-promises-unprecedented-e60-billion-in-budget-savings-for-2025/?utm_source=dlvr.it&utm_medium=mastodon #budgetcuts #excessivedeficitprocedure #France #GabrielAttal
Italy to delay budget plan until October, after EU deadline https://www.euractiv.com/section/economy-jobs/news/italy-to-delay-budget-plan-until-october-after-eu-deadline/?utm_source=dlvr.it&utm_medium=mastodon #Europeansemester #Eurozone #excessivedeficitprocedure #Italy
Monsieur, Herr, Mister ? Michel Barnier seen from abroad https://www.euractiv.com/section/elections/news/monsieur-herr-mister-michel-barnier-seen-from-abroad/?utm_source=dlvr.it&utm_medium=mastodon #Brexit #EmmanuelMacron #excessivedeficitprocedure #GunterKrichbaum
HistoPol (#HP) 🏴 🇺🇸 🏴#Economics #PublicFinances
#US #EU #ConvergenceCriteria
(1/n)
I'd say, in the EU, this is common knowledge, also among #fiscal politicians.
The EU even has statuory limits for state indebtedness within the so-called #ConvergenceCriteria, agreed upon in the #TreatyOfMaastricht in 1991, which are even policed and can and have been also sactioned with fines:
"Article 126 sets out the #ExcessiveDeficitProcedure...
1. the ratio...
@economics-that-works
France’s 2024 budget walks tightrope as excessive deficit procedure looms https://www.euractiv.com/section/economy-jobs/news/frances-2024-budget-walks-tightrope-as-excessive-deficit-procedure-looms/?utm_source=dlvr.it&utm_medium=mastodon #2024budget #BrunoLeMaire #Energyshield #excessivedeficitprocedure
Special pensions, tax exemptions plague Romania’s budget as EU scrutiny continues https://www.euractiv.com/section/economy-jobs/news/special-pensions-tax-exemptions-plague-romanias-budget-as-eu-scrutiny-continues/?utm_source=dlvr.it&utm_medium=mastodon #EUfiscalrules #excessivedeficitprocedure #FlorinCîțu #MarcelCiolacu
High budget deficit puts pressure on Bucharest government https://www.euractiv.com/section/economy-jobs/news/high-budget-deficit-puts-pressure-on-bucharest-government/?utm_source=dlvr.it&utm_medium=mastodon #Austerity #EUfiscalrules #excessivedeficitprocedure #fiscalrules
