Press Release: Council steps up excessive deficit procedure for Belgium

The Council on 21 June 2013 stepped up the excessive deficit procedure for Belgium, adopting decisions:
– establishing that Belgium's response to the recommendation it issued in December 2009 has been insufficient; and
– giving notice to Belgium4 to correct its excessive deficit in 2013 and setting out corrective measures to be taken.

Belgium did not put an end to its excessive deficit in 2012 as required by the Council when it opened the procedure in December 2009.

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