EU Council closes the excessive deficit procedure concerning Malta
The EU Council today decided to close the excessive deficit procedure (EDP) concerning Malta. The EDP is a mechanism designed to…
Stability and Growth Pact: EU Council opens excessive deficit procedure for Finland
The EU Council today opened an excessive deficit procedure (EDP) concerning Finland. It also adopted a recommendation to Finland outlining…
2025 European Semester Spring Package outlines reforms to boost competitiveness
The 2025 European Semester Spring Package analyses the key economic and social challenges across the EU and offers policy guidance to Member…
Main results of the EU Economic and Financial Affairs Council, 18 February 2025
EU Ministers debated competitiveness and regulatory burden reduction, while the Commission presented the Competitiveness Compass initiative. They reviewed the economic…
Economic governance: EU Council sets fiscal expenditure paths for 21 member states
As the next step in the implementation of the EU’s new fiscal rules, the Council today adopted recommendations endorsing the…
Main results of the EU Economic and Financial Affairs Council, 21 January 2025
The Polish Presidency presented its work programme in the field of economic and financial affairs. Ministers held a policy debate…
Background on the EU Economic and Financial Affairs Council on 21 January 2025
The Polish Presidency will present its work programme for the first semester of 2025 in the field of economic and financial affairs. Europe's…
Main results of the EU Economic and Financial Affairs Council, 10 December 2024
Among other issues, EU Finance Ministers were informed of the customs reform progress. They also debated the revision of the…
New Economic Governance Framework enters into force – EU Commission Q&A
The main objectives of the new economic governance framework are to strengthen debt sustainability and promote sustainable and inclusive growth…