Empfehlung für einen Beschluss des Rates zur Aufhebung der Entscheidung 2009/417/EG über das Bestehen eines übermäßigen Defizits in Spanien KOM(2019) 543 endg.; Ratsdok. 9983/19

This procedure recommends that the Council of the European Union formally conclude the excessive deficit procedure for Spain. It signifies that Spain has successfully brought its government deficit and public debt levels back in line with the requirements of the EU's Stability and Growth Pact. This decision primarily affects the Spanish national government and EU financial monitoring. It removes the strict fiscal oversight and corrective measures previously imposed on Spain to manage its public finances.