- Economic conditions are generally seen as positive across the EU by IFIs, although the business cycle is thought to have peaked already.
- Many EU budgetary watchdogs are critical of the lack of counter-cyclicality in the fiscal stance of their countries.
- Nevertheless, most countries are evaluated to be compliant with numerical rules and targets. This is not the case in Italy and France in particular.
- Several IFIs have repeatedly highlighted the lack of effective medium-term budgetary frameworks.