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Europe Daily Bulletin No. 13449

10 July 2024
Contents Publication in full By article 17 / 28
ECONOMY - FINANCE - BUSINESS / Economy
European Commission officially proposes opening excessive deficit procedures for seven EU countries
Brussels, 09/07/2024 (Agence Europe)

On Tuesday 9 July, the European Commission announced that it had forwarded to the Council of the European Union legislative proposals to formally initiate excessive deficit procedures (EDP) against seven Member States: Belgium, France, Italy, Hungary, Malta, Poland and Slovakia (see EUROPE B13435A1).

On Tuesday 16 July, the Ecofin Council should be asked to approve these proposed decisions. A qualified majority of Member States would be needed to prevent these decisions from being...

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