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Image header Agence Europe
Europe Daily Bulletin No. 11705
ECONOMY - FINANCE / lithuania

Budgetary flexibility granted on the head of reforms to be decided upon in May

On Tuesday 17 January, the Commission decided that Lithuania's revised draft budget for 2017 presented risks of non-compliance with the Stability and Growth Pact pending a decision, in May, on the country's eligibility for budgetary flexibility related to the implementation of reforms.

For 2016, the European institution and the Lithuanian authorities have agreed on a predicted government deficit of 0.6%, whilst for 2017, the Commission anticipates a deficit of 0.8% of GDP, or 0.1% more than...

Contents

INSTITUTIONAL
ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
COUNCIL OF EUROPE
NEWS BRIEFS