Official budget documents from the Spanish government

EU Commission Approves Spain's Seven-Year Fiscal Plan Amid Missing 2025 Budget

Nov 26, 2024, 02:40 PM

The European Commission has approved Spain's fiscal plan aimed at reducing its deficit and debt over a seven-year period. The medium-term plan is deemed credible by Brussels, but Spain has yet to submit its 2025 budget draft to the Commission. The approval places Spain among other countries whose fiscal adjustment plans have been validated, though further details on specific measures for 2025 are awaited.