Finland received on Wednesday, there were complaints of the EU-commission to the fact that public spending threaten to increase next year too. The stability and growth pact of non-compliance with commission’s rap also Belgium, Spain, France, Italy, Portugal, Slovenia and Slovakia.

These countries budgetary implementation can lead to a significant deviation on the path towards the medium-term budgetary objective, the commission said in a statement.

for Example, EU aid packages received in the former crisis countries Greece and Ireland, instead, meet their goals.

the Commission does not consider Finland’s economic situation, however, of special concern, because of the indebtedness does not exceed more than 60% of gdp.

clearing the request came already in October

the Commission asked at the end of October in finland for a clarification as to why public spending appear to grow faster than the stability and growth pact allows. A similar clarification request, it also sent Italy, Spain, France, Portugal and Belgium.

the ministry of Finance, undersecretary of state Thomas island tribe answered at that time, the commission’s focus the request that next year’s expenditure growth is the exception-and medium-term goal is unchanged. The government intends to balance the budget in the coming years.

Part of the expenditure growth is the government’s 75 percent employment goal. The government intends to balance the fiscal power through the end of 2023, for example, employment measures and tax increases.

Part of next year’s expenditure, government funding of state asset sales, so they do not increase public debt.

the Commission stressed on Wednesday that it has taken into account member states ‘ replies and the differing economic situations in its evaluation.

area residents good information

for the first time in 17 years, none of the euro countries is not the so-called excessive deficit procedure.

the EU country may be subjected to an excessive deficit procedure if the deficit is more than three percent or the state’s debt exceeds 60% of gdp. A few years ago, more than half of the EU countries was the excessive deficit procedure.

the Good news is that the average euro area debt seems to decline next year slightly, from 85% of gdp. For example, the united states has a debt of 114 percent.

Finland belongs to Belgium, France and Italy among them, whose relative debt is not reduced. Finland, however, the euro area to reduce the debts of countries already, a priori.

Italy and France are threatening growth of state debt also deficits.

German and Dutch would be able to revive more

the Commission thanks the Wednesday report, a strong economy and the surplus countries of germany and the Netherlands, that these are created to maneuver to start investing. Their recovery to help in a situation where the euro zone economic growth prospects have weakened.

in Germany and the Netherlands should, however, book also the wider economic recovery, the commission notes.

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