Key features of 2018 Draft Budgetary Plans

Background

Every year, by 15 October, the EU countries that use the euro share their national budget plans which they discuss with the European Commission and each other. They do this to show how they intend to abide by the economic and budgetary rules that they designed to ensure they can all prosper under the same currency.This document prepared by the Economic Governance Support (EGOV) Unit of DG Internal Policies of the European Parliament. It 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 was more optimistic than the EC forecast, grey cells indicate that the Member State was less optimistic than the EC forecast. An overview comparing these figures with the required fiscal efforts and the medium-term budgetary objectives in structural terms (MTO) as included in the latest Council decisions/recommendations was provided in a separate EGOV table.

• Primary Source

European Commission: Economic and fiscal policy coordination: EU Economic governance: monitoring, prevention, correction: European Semester https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/eu-economic-governance-monitoring-prevention-correction/european-semester_en

ESO: Background information: Key Features of 2017 Draft Budgetary Plans http://www.europeansources.info/record/key-features-of-2017-draft-budgetary-plans/

European Commission: Economic and fiscal policy coordination: European economy explained: Graphs on economic topics: The European Semester: Draft budgetary plans https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/european-economy-explained/graphs-economic-topics/European-Semester-Draft-budgetary-plans_en

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