12 May, 15:10··

EU Considers Germany Budget Reprimand

EurActiv

The European Union is considering taking action against Germany regarding a potential breach of its budget rules. Brussels could recommend starting a formal process called an ‘excessive deficit procedure’ on June 3rd. This action would likely involve scrutiny of Germany’s finances and potential demands for spending cuts.

Summarized from the sources above. Read the originals for the full story.

budgeteu