| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2015) 800 final (16.11.15) |
| Publication Date | 16/11/2015 |
| Content Type | Policy-making, Report |
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This Communication summarises the Commission's assessment of the 2016 Draft Budgetary Plans (DBPs) submitted by 15 October 2015, as required by the legislation, by sixteen euro area Member States (EA-16), excluding those under a macroeconomic adjustment programme and Portugal, the latter not having submitted a plan yet. In line with Regulation (EU) No 473/2013, the Commission has assessed these plans and the overall budgetary situation and fiscal stance in the euro area as a whole. No DBP for 2016 has been found in particularly serious non-compliance with the requirements of the Stability and Growth Pact (SGP). In several cases, however, the Commission finds that the planned fiscal adjustments fall short, or risk doing so, of what is required by the SGP. |
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| Source Link | http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:800:FIN |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Bulgaria, Denmark, Europe, Finland |
