The European Commission demanded that the six EU countries, reducing the budget deficit.

The European Commission demanded that the six countries of the European Union to bring the fiscal deficit in line with the requirements of the Maastricht Treaty, reported AFP. The requirements of the European Commission relating to France, Greece, Ireland, Latvia, Malta and Spain. The budget deficit of these countries exceeded the permitted three percent of GDP.
It is expected that the hearing before the European Commission regarding the budget deficit from six countries will begin in late February 2009. Not yet known how long the European regulator give the States to bring their budgets in order. Earlier, Minister of Economy of the EU Almuniya Joaquin (Joaquin Almunia) said that France and Spain must reduce the budget deficit by 2010.
Notably, the requirement of the European Commission is the first since the end of November 2008, when she proposed a pan-European plan to stimulate the economy. The paper said that the countries - members of the EU, whose budget deficit exceeds the permitted three percent of GDP, the penalties would not apply. According to the European regulator, the case of each of the six countries would be considered particularly in view of the prevailing economic conditions.
It is expected that next year the remaining EU countries to violate the Maastricht Treaty, since their budget deficit could exceed three percent of GDP. What it means a European regulator intends to influence the governments of countries - EU members, is not yet known.