Brussels Deems Slovenia’s Medium-Term Fiscal Plan Suitable

Strasbourg – The European Commission has deemed the Slovenian medium-term fiscal-structural plan, prepared in accordance with the new EU fiscal regulations, to be appropriate. Additionally, the Commission noted that Slovenia’s draft budget plan for 2025 aligns with the recommendations of the EU Council.

The fiscal-structural plan allows for an average annual increase in net expenditures of 4.5 percent over the next four years. It projects a reduction in the public finance deficit, from 2.9 percent of gross domestic product (GDP) in 2024 to 1.2 percent of GDP by 2028. Concurrently, the state debt is anticipated to decline to 61.2 percent of GDP during this period.

In line with this plan, the government has proposed a draft budget for 2025, which the Commission considers consistent with the EU Council’s recommendations issued in October. These recommendations urged Slovenia to cap the growth of net expenditures according to the newly established fiscal rules, to maintain the fiscal sustainability of social security systems, and to reform tax revenues to foster economic growth.

The draft budget for 2025 aims to lower Slovenia’s public finance deficit to 2.6 percent of GDP, while gross debt is expected to decrease from 67.5 percent of GDP in the current year to 65.4 percent of GDP. Last week, the National Assembly approved the budget modifications for 2025.

Today, Brussels released the first autumn package of the European semester, which focuses on coordinating economic and fiscal policies across the EU in light of the new fiscal regulations. The Commission announced that once the medium-term fiscal plans are ratified by the EU Council, they will oversee their execution by member states. These states will be required to submit annual reports to Brussels detailing the progress of implementing the plans. (November 26)


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Energy Infrastructure Risks Put Pressure on Oil Refinery Operations, Drawing Global Attention

Energy Infrastructure Risks Put Pressure on Oil Refinery Operations, Drawing Global Attention

Volgograd, Russia, June 13 – Eurotoday Newspaper — Oil refinery operations are receiving heightened attention from energy analysts and government officials following renewed concerns surrounding critical energy infrastructure. Recent developments involving energy facilities have highlighted the strategic importance of oil refinery operations in maintaining fuel supplies, supporting industrial ac

Read More

EU Returns Policy Enters a New Risk Phase

EU Returns Policy Enters a New Risk Phase

The EU’s new migration and asylum regulations have come into effect, with Brussels emphasizing that future “return hubs” outside the EU must adhere to international law. Rights groups, however, caution that outsourcing returns could result in legal ambiguities for rejected asylum seekers, particularly if monitoring, appeals, and protections are insufficient.
The EU’s migra

Read More

Russland am Rande des Zusammenbruchs. Mit Moritz Schularick

Russland am Rande des Zusammenbruchs. Mit Moritz Schularick

A recent European community study reveals that the final stage of Putin’s wartime economy has commenced. The national wealth fund is depleted, the budget deficit for the entire year 2026 was exceeded in the first quarter, and the hidden national debt via the banking system has climbed to a threatening 50 percent of the GDP.
Rixa Fürsen discusses with economist Moritz Schularick why the Kreml

Read More

Switzerland’s Foreign Policy Gains Global Attention During Pivotal International Talks

Switzerland’s Foreign Policy Gains Global Attention During Pivotal International Talks

Bern, Switzerland, June 13 – Eurotoday — Switzerland foreign policy continues to attract international attention as the country maintains its longstanding role in diplomacy, mediation, and conflict resolution efforts. Recent discussions involving global security, regional stability, and international cooperation have once again highlighted the importance of Switzerland foreign policy within the

Read More

Asylum Seeker vs. Refugee: Essential Distinctions

Asylum Seeker vs. Refugee: Essential Distinctions

A person arrives at a European border after fleeing persecution, war, or targeted violence. From that moment, the language used around them matters. The distinction between asylum seeker and refugee is crucial for legal protections, access to housing and work, the risk of removal, and the way governments frame public debate.
In public discussion, the two terms are often used interchangeably. The

Read More

Canada expects submarine decision ‘in 30 days,’ procurement chief says

Canada expects submarine decision ‘in 30 days,’ procurement chief says

Fuhr highlighted the magnitude of the initiative, noting that if Canada acquires all 12 submarines and constructs the necessary infrastructure on both coasts, “this could be the biggest procurement Canada does.”
However, this step would not result in a final contract award but would progress one of the two qualified suppliers into detailed negotiations with Ottawa.
“Right now we have two qualified

Read More

Debate Intensifies Over Iran’s Leadership Transition as Analysts Explore Future Scenarios

Debate Intensifies Over Iran’s Leadership Transition as Analysts Explore Future Scenarios

Tehran, Iran, June 13 – Eurotoday Newspaper — Iran leadership transition remains a subject of significant discussion among political analysts, diplomats, and regional observers as attention continues to focus on the future direction of the country’s political system. While no official transition process is currently underway, conversations regarding a potential Iran leadership transition have in

Read More

Prosecutorial Overreach in Argentina: An Escalating Human Rights Issue

Prosecutorial Overreach in Argentina: An Escalating Human Rights Issue

A Comparative Analysis of Expansive Prosecutorial Practices and Their Impact on Freedom of Religion or Belief and Due Process
In recent years, Argentina has seen a concerning trend in criminal cases: prosecutors extending their authority beyond legal limits, creatively interpreting laws, and handling evidence carelessly, raising significant human rights issues. As an international human rights l

Read More

Canada’s Carney Sees ‘Timely’ Role for G7 in Any Iran Deal

Canada’s Carney Sees ‘Timely’ Role for G7 in Any Iran Deal

Carney highlighted “the possibility of a more lasting end to hostilities,” and considered France’s decision to include leaders of Egypt, Saudi Arabia, Qatar, and the UAE in an expanded G7 summit as “timely.”
However, Carney stressed that any credible agreement must involve “a broader cessation of hostilities, including in Lebanon.”
Martin, whose government has b

Read More

Middle East Conflict Intensifies: New Challenges for Families, Economies, and Communities

Middle East Conflict Intensifies: New Challenges for Families, Economies, and Communities

Gaza Strip, June 13 – Eurotoday Newspaper — Middle East conflict impact remains a major concern as ongoing instability continues affecting families, communities, and economies throughout the region. Humanitarian organizations, governments, and international institutions are closely monitoring developments as the Middle East conflict impact extends beyond immediate security concerns and influence

Read More