The EU Will Be More Lenient with Energy Security Spending, but This May Not Help Orbán's Budget Hole
3 Articles
3 Articles
The EU Will Be More Lenient with Energy Security Spending, but This May Not Help Orbán's Budget Hole
It would be useful to expand the existing flexibility in the EU procedure for excessive budget deficits, but the new option would not go beyond what is already in place.
The European Commission has adopted a note with guidance to Member States to extend the national safeguard clause to energy security measures, with derogations from the Stability Pact. (ANSA)
The European Commission (EC) has adopted recommendations addressed to the Member States to implement the largest fiscal margin that Brussels has granted for public spending on energy measures, following the war in the Middle East. The communication from the Community Executive sets out the procedure for countries to apply for fiscal flexibility, its treatment within the framework of Community fiscal supervision and monitoring its use, the EC rep…
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