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This briefing gives an overview of recent European Commission (COM) assessments of the budgetary situation of six Member States (Belgium, France, Italy, Austria, Portugal and Slovenia) whose 2018 Draft Budgetary Plans (DBPs) are considered to be “at risk of non-compliance” with their obligations under the Stability and Growth Pact (SGP). This briefing will be updated as further assessments by the COM become available during spring 2018.

ECON on 27 November 2017 Vice-president Dombrovskis and Commissioner Moscovici have been invited to an Economic Dialogue on the European Commission Opinions on the 2018 Draft Budgetary Plans of the Euro Area Member States based on Articles 7 and 15 of EU Regulation 473/2013.

This document compares key features of the 2018 Draft Budgetary Plans (DBP) with the autumn 2017 forecasts by the European Commission (EC) and key features included in the 2017 Stability Programmes (SP) with the spring 2017 forecasts by the EC. While blue cells indicate that the Member State is more optimistic than the EC forecast, grey cells indicate that the Member State is less optimistic than the EC forecast. An overview comparing these figures with the required fiscal efforts and the medium-term ...