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European Commission adopts Opinions on the updated Draft Budgetary Plans of Spain and Lithuania

European Commission adopts Opinions on the updated Draft Budgetary Plans of Spain and Lithuania

Spain, currently in the corrective arm, considered broadly compliant with the Stability and Growth Pact in 2017; Lithuania, in the preventive arm, deemed at risk of non-compliance pending the assessment of requested flexibility.

 
Commission proposes EUR 100 million in Macro-Financial Assistance to the Republic of Moldova

Commission proposes EUR 100 million in Macro-Financial Assistance to the Republic of Moldova

The European Commission has today granted a request by the Republic of Moldova by proposing a Macro-Financial Assistance (MFA) programme of up to EUR 100 million. The proposed assistance would help the country meet its short-term financing needs.

 
December 2016: Economic Sentiment improves strongly in both the euro area and the EU

December 2016: Economic Sentiment improves strongly in both the euro area and the EU

In December, the Economic Sentiment Indicator (ESI) increased by 1.2 points in the euro area (to 107.8), and by 1.8 points in the EU (to 109.1).

 
Commission publishes Public Finances Report 2016

Commission publishes Public Finances Report 2016

The European Commission’s Directorate General for Economic and Financial Affairs (EFCIN) publishes its annual Report on Public Finances in EMU today. It provides an overview of key policy developments and analytical findings and contains some of the analysis underpinning the Commission opinions on Member States' Draft Budgetary Plans.