Most recent decisions
- On 3 June 2026, the Commission adopted a Report under Article 126(3) of the Treaty for Bulgaria, Germany, Estonia, Latvia, Slovenia. The purpose of this report is to assess these 5 countries’ compliance with the deficit criterion of the Treaty.
- On 25 November 2025, the Commission adopted a Report under Article 126(3) of the Treaty for Germany and Finland. The purpose of this report is to assess these 2 countries’ compliance with the deficit criterion of the Treaty.
- On 4 June 2025, the Commission adopted a Report under Article 126(3) of the Treaty on compliance with the deficit and debt criteria. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty.
Previous
- On 26 November 2024, the Commission adopted an overall communication on the 2025 European Semester: bringing the new economic governance framework to life.
- On 26 November 2024, the Commission adopted a Report under Article 126(3) of the Treaty for Austria and Finland. The purpose of this report is to assess these 2 countries’ compliance with the deficit criterion of the Treaty
- On 19 June 2024, the Commission adopted a Report under Article 126(3) of the Treaty on compliance with the deficit and debt criteria. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty.
- On 24 May 2023, the Commission adopted a Report under Article 126(3) of the Treaty on compliance with the deficit and debt criteria. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty.
- On 23 May 2022, the Commission adopted a report under Article 126(3) of the Treaty on the Functioning of the EU (TFEU) for 18 EU Member States. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty.
- On 2 June 2021, the Commission adopted a report under Article 126(3) of the Treaty on the Functioning of the EU (TFEU) for all EU Member States except Romania, which had been already in the corrective arm of the Pact. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty.
- On 18 June, the Council adopted a revised recommendation to end the excessive deficit situation in Romania. The recommendation takes into consideration the recent developments and sets a new deadline for the correction of Romania’s excessive deficit.
Overview of ongoing and closed excessive deficit procedures
- Overview of closed excessive deficit procedures
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Germany
- Greece
- Ireland
- Latvia
- Lithuania
- Luxembourg
- Malta
- The Netherlands
- Portugal
- Slovenia
- Spain
- Sweden
- United Kingdom*
*The United Kingdom was a member of the European Union from 1973 until 31/01/2020. The information contained on this page relates to its time as a member country.