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Experts are sceptical that the EU will be able to reach the €315bn in investments (Photo: Chris Potter/StockMonkeys.com)

EU countries may run higher deficits if they invest, reform

Member states who chip into an upcoming investment fund, implement structural reforms or co-fund EU infrastructure, or youth employment projects will be allowed to run slightly higher deficits, the EU commission said Tuesday (13 January).

The countries' structural reforms - either adopted or planned, but with a detailed implementation schedule - will be considered when a country is close to or in breach of the three-percent deficit rule, the commission

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