European Regulations DOUE Importance: 3/10

EU Declares Austria Has Excessive Public Deficit

19 Jun 2026 Effective: 08 Jul 2025 0 views
Who is affected:
Austria as a Member State; indirectly, all EU countries subject to fiscal discipline

Summary

The EU Council has determined that Austria exceeds the public deficit limit permitted by European regulations. This requires Austria to implement fiscal adjustment measures.

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The EU Council has adopted a formal decision declaring the existence of an excessive deficit in Austria, in accordance with Article 126 of the TFEU and the Stability and Growth Pact. This declaration implies that Austria's public deficit exceeds the 3% of GDP threshold established by European regulations. As a conseque…

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Full official title

OJ:L_202601385: Decisión (UE) 2026/1385 del Consejo, de 8 de julio de 2025, sobre la existencia de un déficit excesivo en Austria

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