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The "Select" Club that Includes Romania: the 10 Eu Countries Under Excessive Deficit Procedure
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European Ministers of Economy and Finance have approved the launch of an excessive deficit procedure against Finland because the country's budget deficit exceeded the 3% of GDP limit imposed by EU rules: it was 4.4% in 2024 and is estimated to be 4.3% in 2025. Finland thus becomes the 10th EU country under excessive deficit procedure, alongside: Austria, Belgium, France, Italy, Hungary, Malta, Poland, Slovakia, Romania.
·Romania
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The EU Council has launched an excessive deficit procedure against Finland. It has set out recommendations for the country to follow in order to correct its deficit by 2028, the Council announced in Brussels today.
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