Title: European Procedures Against France and Six Other Countries - The Reason!

The European Union has officially launched excessive deficit procedures targeting seven member states, including France. This marks a first since the suspension of budget rules in 2020 during the COVID-19 crisis. In addition to France, these decisions also affect Italy, Belgium, Hungary, Poland, Slovakia, and Malta. Romania, which has been subject to these procedures since 2019, continues to suffer from their effects due to "not taking effective measures to correct its budget deficit," according to a statement from the European Council, the institution representing EU countries.