Europe's Accountability Engine
🇪🇺EUEconomy
European Commission
The new framework introduced risk-based surveillance which differentiates between Member States based on their individual fiscal situations. This approach adheres to a transparent common EU framework underpinned by safeguards to ensure that debt is put on a downward path (the debt sustainability safeguard) or provide a safety margin below the Treaty deficit reference value of 3% of GDP in order to create fiscal buffers (the deficit resilience safeguard).

Timeline

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Claimed
12 Apr 2026 — economic governance review — https://economy-finance.ec.europa.eu/economic-and-fiscal-governance/new-economic-governance-framework_en
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Public Vote
50% Yes50% No
0 votes
Deadline
31 Dec 2024 Overdue by 467 days
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Resolution Source
Eurostat Government deficit and debt