Press Release: Malta’s and Poland’s deficits back below 3% of GDP, Council closes procedures

Author (Corporate)
Series Title
Series Details PRES/15/473 (19.06.15)
Publication Date 19/06/2015
Content Type

On 19 June 2015, the Council of the European Union closed excessive deficit procedures for Malta and Poland, confirming that they had reduced their deficits below the EU's 3% of GDP reference value. Following the global financial crisis and recession of 2008-09, the excessive deficit procedure has been used to support a return to sound fiscal positions.
Source Link http://www.consilium.europa.eu/en/press/press-releases/2015/06/19-malta-poland-deficits-back-below-three-percent-gdp/
Related Links
ESO: Background information: Economic and Financial Affairs Council, Luxembourg, 21 June 2013 http://www.europeansources.info/record/press-release-economic-and-financial-affairs-council-luxembourg-21-june-2013/
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