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Parliamentary question - P-002629/2023Parliamentary question

More budgetary and fiscal flexibility for greater solidarity with Ukraine and the Republic of Moldova

Priority question for written answer  P-002629/2023
to the Commission
Rule 138
Victor Negrescu (S&D)

The EU has shown great solidarity with Ukraine and the Republic of Moldova, providing comprehensive support including humanitarian and military aid. This attests to the importance of the EU’s unity, especially in difficult times, and the continued provision of direct support for Ukraine and the Republic of Moldova is key to protecting our way of life. Many countries have allocated significant resources from their own budgets in order to provide this aid, which has generated unforeseen costs and expenses, putting a burden on national budgets and heightening the risks to democracy and social resilience. Complying with the current EU fiscal rules, such as the limits of 3 % of GDP for budget deficits and 60 % of GDP for public debt, has become increasingly difficult, especially with the current high inflation rates.

This type of temporary suspension, which has been applied in the past, would offer the EU countries greater budgetary leeway to extend their much-needed support.

Submitted: 13.9.2023

Last updated: 15 September 2023
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