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.
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.
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).
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.