Adris, Ericsson Nikola Tesla push higher Croatian share indices
Sales of new dwellings in Bosnia's Federation up 1.2% in 2023
Ljubljana share indices decline, Cinkarna Celje paces losers
Sales of new dwellings in Bosnia up 26.3% y/y in Q4
Romanian stock indices turn red, Electrica leads decliners
Dec 08, 2023 13:22 EEST
December 8 (SeeNews) - The Eurogroup, which consists of the finance ministers from euro zone countries, said that the draft state budgets of Croatia and three other countries may not meet the EU fiscal recommendations.
"The Eurogroup notes that, based on the Commission assessment, the DBPs (draft budgetary plans) of Belgium, Finland, France and Croatia risk being not in line with the fiscal recommendation of the Council," the organisation said in a press release on Thursday.
The Eurogroup urged these member states to promptly consider and, if necessary, take action to address the risks identified by the European Commission.
Last month, the Commission asked Croatia to ensure a prudent fiscal policy, in particular by limiting the nominal increase in nationally financed net primary expenditure to not more than 5.1%.
According to the Commission's 2023 autumn forecast, Croatia’s net nationally financed primary expenditure is projected to increase by 10.4% in 2024.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options