Reform of the Excessive Deficit Procedure

by name voted on 23.04.2024

Summary

A proposal to reform the EU's excessive deficit procedure by introducing more flexible, country-specific fiscal paths and a simplified expenditure indicator.

9 23.04.2024

Report

economy

government

european union

public finance and budget policy

Key points

Modernization of the EU economic governance framework to better address diverse national fiscal positions and vulnerabilities.
Introduction of a single operational indicator based on net primary expenditure to simplify fiscal surveillance.
Establishment of multi-annual, country-specific fiscal trajectories and expenditure paths.
Recognition of exceptional circumstances, such as severe economic downturns, to avoid opening unnecessary deficit procedures.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Speeches

98 Speeches in total

Pro

Contra

0:34 min

2. European Defence Industry Programme and a framework of measures to ensure the timely availability and supply of defence products (‘EDIP’) ***I (debate)

0:36 min

2. European Defence Industry Programme and a framework of measures to ensure the timely availability and supply of defence products (‘EDIP’) ***I (debate)

Documents (PDFs)

OUTCOME OF THE INTERINSTITUTIONAL NEGOTIATIONS Proposal for a Council regulation amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure Opinion on the Proposal for a Council Regulation amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure REPORT on the proposal for a Council regulation amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure Speeding up and clarifying the implementation of the excessive deficit procedure – amending Regulation

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