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Europe.Table Topic of the Day Fiscal policy

Budget: Germany faces deficit proceedings in 2026

Having narrowly avoided one this year, the eurozone’s largest economy faces deficit proceedings in 2026: In the spring, Valdis Dombrovskis wants to know whether Germany’s deficit above the three percent limit can be fully explained by higher defense spending.

Janos Allenbach-Ammann
26. November 2025
Commissioner for Economy and Productivity Valdis Dombrovskis wants to revisit Germany‘s public finances in the spring. (EU Kommission)

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Last updated: 26. November 2025

Deficit procedure Debts Public debt EU debt rules Debt brake Fiscal policy Valdis Dombrovskis