Excessive deficit procedure: quality of statistical data

2010/0035(NLE)

The Council agreed on a general approach on a draft regulation aimed at strengthening the rules on statistical data used under the EU's excessive deficit procedure doc. 10728/10.

The aim is to allow the Commission and the Member States to work together more effectively on improving the quality and reliability of statistical data used to determine government deficit and

debt figures.

The regulation will be adopted at a forthcoming Council meeting, once the European Parliament has submitted its opinion.