With all Euro area member states having been given until 23:59 on Monday 15 October to submit to the European Commission their draft national 2019 budgets, the Commission will now study these drafts with a view to returning its opinions on the matter, most likely on 21 November.
As we were going to press, not all member states concerned had submitted their draft budgets for next year to the institution. Readers may recall that this examination by the Commission, which was brought in by the...