Finland submits further information on Draft Budgetary Plan to EU

Every autumn, each Member State in the euro area submits a draft budgetary plan (DBP) to the EU. The deadline for submission is 15 October. The European Commission uses the DBPs to assess the Member States’ compliance with the Stability and Growth Pact. Finland’s 2027 DBP presents an assessment of general government finances and compliance with fiscal rules. It also includes a report on measures that Finland has taken and plans to take to correct the excessive deficit. The 2027 DBP is based on the Government's proposal for the 2027 Budget submitted to Parliament, which in turn is largely based on the spring 2026 spending limits decision and the 2026 supplementary budgets. Finland submitted its DBP to the EU on 15 October. On 23 October, the Commission sent a letter to the Ministry of Finance requesting further information on the compliance of Finland’s DBP with the recommendation for correcting the excessive deficit adopted by the Council of the European Union in January 2026. The Ministry responded to the Commission on Friday 30 October. The European Commission will publish its assessment of the euro area Member States’ DBPs by the end of November. The Eurogroup will adopt a state

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