On Wednesday 17 January, the European Commission took the view that the Slovak government’s revised draft budget for 2024 may not comply with the recommendation that the Council of the European Union issued to Slovakia in July 2023.
According to the Commission, the increase in net primary public spending will be higher than recommended (6.7% instead of 5.7%), representing an excessive increase in public spending equivalent to 0.4% of Slovakia’s GDP.
A number of factors explain the...