The excessive deficit procedure allows Tusk to spend money on social and military spending and obtain justification for raising taxes and imposing new ones.
Is there a deeper meaning behind this? Or maybe it’s a big stunt, like drinking water, photo montage? What if this was another scam? The European Commission has announced that from July 2024, seven EU Member States will be subject to the excessive deficit procedure: Poland, France, Italy, Belgium, Hungary, Slovakia and Malta.
Initially, twelve countries were involved: the Czech Republic, Estonia, Finland, Spain and Slovenia, and this is worth remembering.
It has been calculated that Poland will post a deficit of 5.1% in 2023. GDP. In France it was 5.5 percent. GDP, in Romania – 6.6 percent, in Hungary – 6.7 percent, in Italy – 7.4 percent.…
Source: wPolityce
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.