The European Commission is recommending that Portugal and Croatia leave the excessive deficit procedure, in the framework of the ‘European Semester’ budgetary process. France and Spain, however, will remain in it.
This is the substance of the socio-economic recommendations for the 27 member states (all except Greece, which is under an assistance programme), presented on Monday 22 May by the Commissioners for Economic and Financial Affairs, Pierre Moscovici, the Euro and Social Dialogue,...