The European Council adopted recommendations for seven countries to correct their excessive deficit situation within a set time period: Belgium, France, Italy, Malta, Poland, Slovakia and Romania.
The recommendations contain a corrective budgetary path, expressed in numerical terms, and a deadline, for each member state. These are in line with each member states’ objectives, expressed in their medium-term fiscal-structural plans, submitted in the context of the implementation of the EU’s new economic governance framework.
Belgium
The Council recommends that Belgium should put an end to the excessive deficit situation by 2027. Belgium should ensure that the nominal growth rate of net expenditure does not exceed 2.4% in 2025, 1.9% in 2026 and 2.0% in 2027. As Belgium has not yet submitted a medium-term fiscal-structural plan, the corrective path is based on the reference trajectory which the Commission transmitted to Belgium in June 2024, as updated based on more recent data.
