Germany has requested Brussels for an extension on the PSB | EUROtoday

ServiceStructural finances plan

Berlin is contemplating asking for the extension of the spending plan from 4 to 7 years

On Tuesday, Germany requested the EU Commission to have the ability to current the medium-term structural finances plan envisaged by the brand new Stability Pact late. A deadline will not be already foreseen. This was realized after yesterday dpa revealed from sources within the German Finance Ministry that Berlin is surprisingly contemplating asking for the extension of the spending plan from 4 to 7 years. From what we perceive, France stays on monitor to have the ability to current the PSB by the top of October as agreed. The deadline for all was initially September twentieth and for many it was prolonged to October fifteenth.

https://www.ilsole24ore.com/art/la-germania-ha-chiesto-bruxelles-proroga-psb-AGDoQib