European Commission

Croatia will join the euro area on 1 January 2024.

Croatia will join the euro area on 1 January 2024.

Croatia will join the euro area on 1 January 2024.

Croatia will join the euro area on 1 January 2024.

Croatia will join the euro area on 1 January 2024.

The Lithuanian government plans a budget deficit of 2.5% of GDP in 2024.

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).

Latvia projects a public deficit of 3.0% of GDP in 2024.

The Commission projects Finland's public debt to reach 76.5% of GDP in 2024.

Spain plans to reduce the public deficit to 3.9% of GDP in 2024 and 3.3% in 2025.

Spain estimates real GDP growth of 2.4% in 2024.

Hungary plans to reduce the general government deficit to 2.9% of GDP in 2024.

Hungary expects to reduce the general government debt-to-GDP ratio to 73.5% in 2024.

France plans to reduce the general government deficit to 3.4% of GDP in 2024.

France expects to stabilize the general government debt-to-GDP ratio at 112.4% in 2024.

Italy plans to reduce the general government deficit to 3.3% of GDP in 2024.

Italy expects to reduce the general government debt-to-GDP ratio to 142.5% in 2024.

Croatia projects a reduction of the budget deficit to 2.2% of GDP in 2024.

Croatia expects public debt to amount to 62.5% of GDP by the end of 2024.

Slovakia projects a budget deficit of 4.7% of GDP for 2024.

Slovakia expects public debt to amount to 56.6% of GDP by the end of 2024.

Luxembourg projects a budget surplus of 0.3% of GDP for 2024.

Luxembourg expects public debt to amount to 26.2% of GDP by the end of 2024.

The Netherlands projects a budget deficit of 2.7% of GDP for 2024.

Finland projects a budget deficit of 2.6% of GDP for 2024.

Latvia projects a budget deficit of 3.0% of GDP for 2024.

Lithuania projects a budget deficit of 2.8% of GDP for 2024.

Belgium projects a budget deficit of 4.6% of GDP for 2024.

Belgium expects public debt to amount to 106.1% of GDP by the end of 2024.

Belgium projects a public deficit of 4.6% of GDP in 2024.

Belgium projects a public debt of 106.8% of GDP in 2024.

Croatia projects a public deficit of 2.1% of GDP in 2024.

Croatia projects a public debt of 60.3% of GDP in 2024.

Finland projects a public deficit of 2.6% of GDP in 2024.

Finland projects a public debt of 75.8% of GDP in 2024.

Latvia projects a public deficit of 2.8% of GDP in 2024.

Latvia projects a public debt of 43.3% of GDP in 2024.

Lithuania projects a public deficit of 2.8% of GDP in 2024.

Lithuania projects a public debt of 38.1% of GDP in 2024.

Luxembourg projects a public deficit of 2.7% of GDP in 2024.

The Netherlands projects a public debt of 48.6% of GDP in 2024.

Slovakia projects a public deficit of 4.9% of GDP in 2024.

Slovakia projects a public debt of 56.6% of GDP in 2024.

Belgium aims to reduce its general government deficit to 4.6% of GDP in 2024.

The European Commission projects GDP growth of 1.6% for the euro area in 2024 and 1.8% in 2025.

The European Commission forecasts an inflation rate of 2.7% for the euro area in 2024 and 2.2% in 2025.

The European Commission estimates that the unemployment rate in the euro area will be 6.7% in 2024 and 6.5% in 2025.

France estimates real GDP growth of 1.7% in 2024.

The Commission estimates that Belgium's nominal deficit should reach 4.7% of GDP in 2024.

The Commission forecasts that Belgium's public debt will amount to 106.1% of GDP in 2024.

The Commission forecasts Croatia's general government deficit at 2.2% of GDP in 2024.

The Commission projects Croatia's public debt to decline to 61.0% of GDP in 2024.

The Commission forecasts Finland's general government deficit at 2.6% of GDP in 2024.

The Commission forecasts Latvia's general government deficit at 2.8% of GDP in 2024.

The Commission projects Latvia's public debt to decline to 39.5% of GDP in 2024.

The Commission forecasts Lithuania's general government deficit at 2.5% of GDP in 2024.

The Commission projects Lithuania's public debt to decline to 37.0% of GDP in 2024.

The Commission forecasts Luxembourg's general government surplus at 0.3% of GDP in 2024.

The Commission projects Luxembourg's public debt to decline to 26.0% of GDP in 2024.

The Commission forecasts the Netherlands' general government deficit at 2.1% of GDP in 2024.

The Commission projects the Netherlands' public debt to decline to 46.5% of GDP in 2024.

The Commission forecasts Slovakia's general government deficit at 4.9% of GDP in 2024.

The Commission projects Slovakia's public debt to reach 56.0% of GDP in 2024.

The Netherlands projects a general government debt of 48.1% of GDP by the end of 2024.

The Netherlands plans to achieve a general government deficit of 2.7% of GDP in 2024.

Belgium projects a general government debt of 105.2% of GDP by the end of 2024.

Croatia plans to achieve a general government deficit of 2.2% of GDP in 2024.

Croatia projects a general government debt of 60.2% of GDP by the end of 2024.

Finland targets a general government deficit of 2.6% of GDP in 2024.

Finland projects a general government debt of 74.3% of GDP by the end of 2024.

Latvia aims to achieve a general government deficit of 2.8% of GDP in 2024.

Latvia projects a general government debt of 39.6% of GDP by the end of 2024.

Lithuania plans to achieve a general government deficit of 2.5% of GDP in 2024.

Lithuania projects a general government debt of 38.1% of GDP by the end of 2024.

Luxembourg aims to achieve a general government surplus of 0.3% of GDP in 2024.

Luxembourg projects a general government debt of 26.6% of GDP by the end of 2024.

Slovakia plans to achieve a general government deficit of 4.9% of GDP in 2024.

Slovakia projects a general government debt of 56.6% of GDP by the end of 2024.

Luxembourg projects a public deficit of 2.7% of GDP in 2024.

Luxembourg's public debt is projected to reach 29.5% of GDP in 2024.

Slovakia's real GDP growth is projected at 2.2% in 2024.

Slovakia's public deficit is projected to reach 4.9% of GDP in 2024.

Slovakia's public debt is projected to reach 60.3% of GDP in 2024.

Croatia projects a public deficit of 2.2% of GDP in 2024.

Croatia's public debt is projected to reach 63.5% of GDP in 2024.

Croatia's real GDP growth is projected at 2.8% in 2024.

Luxembourg projects a public debt of 29.5% of GDP in 2024.

Latvia's public debt is projected to reach 43.0% of GDP in 2024.

Latvia's real GDP growth is projected at 2.3% in 2024.

Lithuania projects a public deficit of 2.8% of GDP in 2024.

Lithuania's public debt is projected to reach 38.1% of GDP in 2024.

Lithuania's real GDP growth is projected at 2.3% in 2024.

The Netherlands projects a public deficit of 2.9% of GDP in 2024.

The Netherlands' public debt is projected to reach 48.6% of GDP in 2024.

The Netherlands' real GDP growth is projected at 0.9% in 2024.

Finland projects a public deficit of 2.6% of GDP in 2024.

Finland's public debt is projected to reach 76.5% of GDP in 2024.

Finland's real GDP growth is projected at 1.2% in 2024.

The Netherlands projects a public deficit of 2.1% of GDP in 2024.

The Latvian government's planned budget deficit for 2024 is 2.8% of GDP.

The Latvian structural budget deficit for 2024 is projected at 2.2% of GDP.

Latvia's government debt at the end of 2024 will reach 43.3% of GDP.

The Belgian government plans a budget deficit of 4.6% of GDP in 2024.

Belgium's structural budget deficit is projected at 3.4% of GDP in 2024.

Belgium's government debt is projected to reach 106.7% of GDP by the end of 2024.

The Croatian government plans a budget deficit of 2.2% of GDP in 2024.

Croatia's structural budget deficit is projected at 1.9% of GDP in 2024.

Croatia's government debt is projected to reach 57.3% of GDP by the end of 2024.

The Finnish government plans a budget deficit of 2.6% of GDP in 2024.

Finland's structural budget deficit is projected at 1.8% of GDP in 2024.

Finland's government debt is projected to reach 76.5% of GDP by the end of 2024.

Lithuania's structural budget deficit is projected at 2.0% of GDP in 2024.

Lithuania's government debt is projected to reach 38.1% of GDP by the end of 2024.

The Luxembourgish government plans a budget surplus of 0.3% of GDP in 2024.

Luxembourg's structural budget balance is projected at -0.1% of GDP in 2024.

Luxembourg's government debt is projected to reach 25.6% of GDP by the end of 2024.

The Dutch government plans a budget deficit of 2.7% of GDP in 2024.

The Netherlands' structural budget deficit is projected at 2.3% of GDP in 2024.

The Netherlands' government debt is projected to reach 48.6% of GDP by the end of 2024.

The Slovak government plans a budget deficit of 4.9% of GDP in 2024.

Slovakia's structural budget deficit is projected at 4.2% of GDP in 2024.

Slovakia's government debt is projected to reach 56.6% of GDP by the end of 2024.

Italy estimates real GDP growth of 1.9% in 2024.

Germany estimates real GDP growth of 1.6% in 2024.

The Commission forecasts GDP growth of 1.7% in 2024 and 1.9% in 2025 for the euro area.

Inflation in the euro area is expected to reach 2.5% in 2024 and 2.1% in 2025.

The Commission forecasts GDP growth of 1.7% in 2024 and 1.9% in 2025 for the euro area.

Inflation in the euro area is expected to reach 2.5% in 2024 and 2.1% in 2025.

Public debt in the euro area is expected to decrease to 89.8% of GDP in 2024 and 88.6% in 2025.

The public deficit of the euro area is expected to reach 3.0% of GDP in 2024 and 2.8% in 2025.

The public deficit of the euro area is expected to reach 3.0% of GDP in 2024 and 2.8% in 2025.

France expects to stabilize the general government debt-to-GDP ratio at 111.9% in 2025.

The European Commission projects GDP growth of 1.6% for the euro area in 2024 and 1.8% in 2025.

Spain plans to reduce the public deficit to 3.3% of GDP in 2025.

Germany estimates real GDP growth of 1.3% in 2025.

France estimates real GDP growth of 1.7% in 2025.

Italy estimates real GDP growth of 1.7% in 2025.

Italy plans to reduce the public debt-to-GDP ratio to 141.4% in 2025.

France plans to reduce the general government deficit to 2.8% of GDP in 2025.

Spain estimates real GDP growth of 1.8% in 2025.

Italy expects to reduce the general government debt-to-GDP ratio to 140.4% in 2025.

The European Commission forecasts an inflation rate of 2.7% for the euro area in 2024 and 2.2% in 2025.

Italy plans to reduce the general government deficit to 2.8% of GDP in 2025.

The European Commission estimates that the unemployment rate in the euro area will be 6.7% in 2024 and 6.5% in 2025.

The Commission forecasts GDP growth of 1.9% in 2025 for the euro area.

Inflation in the euro area is expected to reach 2.1% in 2025.

The Commission forecasts GDP growth of 1.9% in 2025 for the euro area.

Inflation in the euro area is expected to reach 2.1% in 2025.

Public debt in the euro area is expected to decrease to 89.0% of GDP in 2025.

Public debt in the euro area is expected to decrease to 88.6% of GDP in 2025.

The public deficit of the euro area is expected to reach 2.8% of GDP in 2025.

The public deficit of the euro area is expected to reach 2.8% of GDP in 2025.

France expects to stabilize the general government debt-to-GDP ratio at 111.4% in 2026.

France estimates real GDP growth of 1.6% in 2026.

France plans to reduce the general government deficit to 2.3% of GDP in 2026.

France estimates real GDP growth of 1.6% in 2027.

France plans to reduce the public deficit to 3% of GDP by 2027.

Achieve 42.5% renewable energy share in EU by 2030

Member States shall ensure that the medium-term budgetary objective (MTO) is achieved and maintained throughout the economic cycle, with a lower limit of a structural deficit of 0.5% of GDP for euro area Member States and Member States participating in ERM II, unless they have achieved a debt level significantly below 60% of GDP and risks to the long-term sustainability of public finances are low, in which case the lower limit is a structural deficit of 1.0% of GDP.