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EU Approves Safeguard Clause: What Changes in the Stability Pact

Summary by QuiFinanza
The Brussels Ok unlocks extra spending margins for the Budget Act: flexibility on defence and energy by 0.3% of GDP between 2027-28.

7 Articles

Lean Right

The request for Athens was and remains the temporary "freezing" of the European fiscal rules, so that, for example, the surplus VAT revenues can be used to support households. The Commission did not reject - it could not institutionally - the relevant request, nor the corresponding one from Italy, and referred it to the Summit next week. Information from Luxembourg indicates, however, that a compromise solution is also on the table. As Commiss…

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Center

On the other hand, it is an unconditional green light that came from Brussels on the activation of the national derogation clause to the Stability Pact for Energy and Defence

·Rome, Italy
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Lean Left

Green light of the Commission, now ball to the Council. Today at the meeting of euro area finance ministers on the table also possible additional budgetary spaces related to inflation shock

·Rome, Italy
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Lean Left

Today the Eurogroup compares to compensate for the extra costs for inflation. It is difficult to use the higher revenues due to the extra VAT revenue.

·Turin, Italy
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Kyriakos Pierrakakis welcomed the approval of the energy escape clause for Greece by the European Commission, highlighting the possibilities for energy investments and support for citizens and businesses.

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If you do not read this message correctly, click here It is an important result also for the political significance it assumes. This possibility arises within the framework of the European flexibility provided for in the defence and recognizes that security is not only military: energy autonomy is also a fundamental component of national and European security. It is [...] The article Maran (PD): "Good green light EU Commission to the 14 billion …

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La Stampa broke the news in Turin, Italy on Thursday, October 8, 2026.
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