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Economy and Finance

Applying the rules of the stability and growth pact

How and why the stability and growth pact is applied.  

Aims

Some of the Stability and Growth Pact's rules aim to prevent fiscal policies from heading in potentially problematic directions, while others are there to correct excessive budget deficits or excessive public debt burdens.

Commission guidance on fiscal policy orientations for 2021

On 19 September 2020 the European Commission sent a guidance letter to each Member State on the fiscal policy orientations for 2021. The letters sent to the euro area countries can be found here.

Draft budgetary plans 2021

Non-euro area countries :

Commission guidance for Bulgaria on fiscal policy orientations for 2021
English
(1.51 MB - PDF)
Download
Commission guidance for Croatia on fiscal policy orientations for 2021
English
(1.51 MB - PDF)
Download
Commission guidance for Czechia on fiscal policy orientations for 2021
English
(1.52 MB - PDF)
Download
Commission guidance for Denmark on fiscal policy orientations for 2021
English
(1.5 MB - PDF)
Download
Commission guidance for Hungary on fiscal policy orientations for 2021
English
(1.5 MB - PDF)
Download
Commission guidance for Poland on fiscal policy orientations for 2021
English
(1.51 MB - PDF)
Download
Commission guidance for Romania on fiscal policy orientations for 2021
English
(1.51 MB - PDF)
Download
Commission guidance for Sweden on fiscal policy orientations for 2021
English
(1.52 MB - PDF)
Download

Documents

One year since the outbreak of COVID-19: fiscal policy response
English
(1.4 MB - PDF)
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Communication from the Commission to the Council on the activation of the general escape clause of the Stability and Growth Pact
English
(124.34 KB - HTML)
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Communication from the Commission on the review of the flexibility under the Stability and Growth Pact COM 2018 (335)
English
(162.85 KB - PDF)
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Commission Staff Working Document accompanying COM(2018) 335
English
(1.36 MB - PDF)
Download

Detailed guidance on how the European Commission applies the rules of the Stability and Growth Pact:

Guidance on how to strengthen the link between structural reforms, investment and fiscal responsibility in support of jobs and growth: