Recommendation for a COUNCIL RECOMMENDATION Allowing Czechia to deviate from the maximum growth rates of net expenditure as set by the Council under Regulation (EU) 2024/1263 (Activation of the nat...

EUROPEAN COMMISSION Recommendation for a COUNCIL RECOMMENDATION Brussels, 4.6.2025 COM(2025) 602 final Allowing Czechia to deviate from the maximum growth rates of net expenditure as set by the Council under Regulation (EU) 2024/1263 (Activation of the national escape clause) Recommendation for a COUNCIL RECOMMENDATION Allowing Czechia to deviate from the maximum growth rates of net expenditure as set by the Council under Regulation (EU) 2024/1263 (Activation of the national escape clause) THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 121 thereof, Having regard to Regulation (EU) 2024/1263, and in particular Article 26 thereof, Having regard to the recommendation from the European Commission, Whereas: (1) Regulation (EU) 2024/1263 of the European Parliament and of the Council on the effective coordination of economic policies and on multilateral budgetary surveillance1, together with the amended Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure2, and the amended Council Directive 2011/85/EU on requirements for budgetary frameworks of the Member States3 are the core elements of the reformed EU economic governance framework. The framework aims at ensuring public debt sustainability, and sustainable and inclusive growth through reforms and investments. It promotes national ownership and has a...