EU Council approves fiscal flexibility for Spain to increase defence spending
On Friday, the EU Council activated the national escape clause (NEC) under the stability and growth pact (SGP) for Spain. The measure…
Germany: EU Council approves fiscal expenditure path to increase defence spending
The EU Ecofin Council today adopted a recommendation endorsing the maximum net expenditure path for Germany over the next five years, as…
EU Council activates fiscal flexibility for 15 member states to increase defence spending
The EU Council today activated the national escape clause under the Stability and Growth Pact (SGP) for 15 member states to help facilitate their…
Defence spending: Twelve EU Member States request activation of SGP escape clause
Twelve EU Member States have submitted a request to the EU Commission to activate the national escape clause under the Stability…