Amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure

Date: 23.04.2024 · Reference: A9-0444/2023

gross domestic product stability pact multilateral surveillance financial control economic convergence budgetary control budget deficit public debt budgetary discipline (EU)
Overall Result: 368 For
368 For
166 Against
64 Abstention
269 Did not vote
Report Summary
Source: AI Summary with Mistral
  • Reform of excessive deficit procedure to reduce debt by 2030.
  • Introduction of country-specific net expenditure paths for fiscal discipline.
  • Sanctions for violations with cumulative fines up to 0.5 % of GDP.
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