the european Commission, warning of the risk of recurrence of deficits. In particular, the european Commission asked for from the Spain, Belgium, Croatia, Finland, Italy and Romania to exercise restraint in the expenditure of 2016, in order to achieve the goal to reduce deficits.
As said the vice-president of the european Commission Valdis Dombrovskis “we have identified six countries, including the financial strategies that may entail risks for the fulfilment of their obligations in the framework of the Stability Pact.
There is still time to take the necessary steps and for this we send a timely warning signal. Notes that under the Pact, the government deficit must not exceed 3% of GDP, in order to achieve the goal for reduction of the public debt of 60% of GDP. The non-compliance of rules may result in the close supervision of the implementation of the budget of the Commission, just as is already happening in Spain.
What are the six countries of the EU, warned the european Commission about deficits?
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