
At the same time, beyond 2024, member states must continue to pursue a medium-term fiscal strategy of gradual and sustained tightening, coupled with investments and reforms that promote higher sustainable growth.
In its recommendations, the Commission emphasizes that France, Italy and Finland do not meet debt criteria, points out that Greece and Italy continue to record “the largest fiscal imbalances”, while the corresponding macroeconomic imbalances are recorded in Germany, France, the Netherlands. , Romania, Hungary, Sweden, Spain and Cyprus.
Both Vice-President of the European Commission Valdis Dombrovskis and Financial Commissioner Paolo Gentiloni simultaneously warned that, despite the recent drop in energy prices, there are many problems, especially high inflationwhich reduces the strength and competitiveness of companies.
For this reason, Member States are called upon to support nationally funded public investment and to ensure the effective delivery of grants under Recovery Fundand other funds, in particular to promote the transition to green and digital technologies.
As for the deficit, which must be kept below 3% of GDP, the report notes that Belgium, Bulgaria, the Czech Republic, Germany, Estonia, Spain, France, Italy, Latvia, Hungary, Malta, Poland, Slovenia and Slovakia are not eligible. . criterion.
Source: Kathimerini

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