European Regulations DOUE Importance: 2/10

The EU closes the excessive deficit procedure against Malta

03 Aug 2026 Effective: 12 Jun 2026 86 views
Who is affected:
Government of Malta, European institutions and companies operating in Malta

Summary

The EU cancels the excessive deficit procedure that it had open against Malta since 2024, considering that the country has corrected its fiscal situation.

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The EU Council repeals Decision 2024/2128 declaring the existence of an excessive deficit in Malta, which means that Malta has met the fiscal consolidation objectives required by the Stability and Growth Pact. This closure of the Excessive Deficit Procedure (EDP) frees Malta from enhanced surveillance obligations and p…

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Full official title

OJ:L_202601783: Decisión (UE) 2026/1783 del Consejo, de 12 de junio de 2026, por la que se deroga la Decisión (UE) 2024/2128 sobre la existencia de un déficit excesivo en Malta

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