BRUSSELS (Reuters) - The European Commission on Wednesday proposed disciplinary steps against France and six other EU countries over running excessive budget deficits, but will announce deadlines for their reduction only in November.
The countries singled out by the EU executive arm, which is the enforcer of EU laws, are Belgium, France, Italy, Hungary, Malta, Poland and Slovakia. The deficits are mainly a legacy of the COVID pandemic and the energy price crisis that followed Russia's invasion of Ukraine in 2022.
