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Image header Agence Europe
Europe Daily Bulletin No. 13632
ECONOMY - FINANCE - BUSINESS / Economy

Sixteen Member States have decided to request activation of national escape clause in Stability and Growth Pact

Sixteen EU Member States have decided to request activation of the national opt-out clause provided for in the Stability and Growth Pact, as part of a coordinated effort to increase defence spending, the EU Council announced on Wednesday evening (30 April). They are Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Greece, Croatia, Latvia, Lithuania, Hungary, Poland, Portugal, Slovenia, Slovakia and Finland.

Of these sixteen countries, thirteen (all except Bulgaria, the...

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