Brussels wants clarification of Rye over spending limit in OE2019 – The Economic Newspaper

Brussels wants clarification of Rye over spending limit in OE2019 - The Economic Newspaper


The European Commission today asked the Portuguese Government for clarifications on the State Budget proposal for next year (OE2019), expressing concern about the 3.4% increase in primary public expenditure and a structural effort below the recommended level.

A day after Prime Minister António Costa stated in Brussels that he would not be surprised by a new letter from the Commission following the presentation of the budget bill, commenting that this is a classic, the EU executive effectively sent a letter to the Secretary of State for Finance, Ricardo Mourinho Félix, asking for "clarifications" by the end of next Monday, in order to prepare his opinion on OE2019.



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