October 15th marks the deadline for European Union member states to submit fiscal plans, influencing economic stability and public debt for years to come. Da Social Europe
October 15th is the deadline for member states to send their multi-year fiscal plans to meet reformed EU fiscal rules to the European Commission (EC). These plans are extendable up to seven years in the presence of investments and structural reforms consistent with the EU’s objectives. The plans will have to move within the constraints defined by the EC for each Member State, consistent with the debt sustainability analysis (DSA) on which the new system of fiscal rules relies heavily.
