Simpler rules

For EU countries with a deficit above 3% of GDP or public debt above 60% of GDP, we will issue a country-specific “technical trajectory”.

For EU countries with a deficit below 3% of GDP and public debt below 60% of GDP, we will provide technical information.

🐦🔗: https://n.respublicae.eu/EU_Commission/status/1651167316493606916

Common safeguards will apply to ensure debt sustainability.

Escape clauses will allow deviations from the expenditure targets in case of a severe economic downturn or of exceptional circumstances outside the control of an EU country with a major impact on public finances.

🐦🔗: https://n.respublicae.eu/EU_Commission/status/1651167844531355648

Facilitating reforms and investment

Our proposals also aim to facilitate and encourage EU countries implementing important reform and investment measures in:

🫒 the green and digital transitions
💪the economic and social resilience
🛡️the need to bolster Europe's security

🐦🔗: https://n.respublicae.eu/EU_Commission/status/1651168378306932737

Effective enforcement

Rules require enforcement.

While our proposals provide EU countries with more control over the design of their medium-term plans, they also put in place a more stringent enforcement regime to ensure they deliver on their commitments.

🐦🔗: https://n.respublicae.eu/EU_Commission/status/1651168670360510466

Read more about our proposals on #EUEconomicGovernance rules fit for the future
→ in our press release https://europa.eu/!xFbxGr
→ in our Q&A https://europa.eu/!mbnTGw
→ in our factsheet https://europa.eu/!XMV63V

🐦🔗: https://n.respublicae.eu/EU_Commission/status/1651169368150097923