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Valdis Dombrovskis described the approval of the spending plans under new fiscal rules as a 'watershed moment' (Photo: European Commission)

EU approves all member state spending plans except Netherlands

The EU Commission approved all member state spending plans on Tuesday (26  November) — except that of the Netherlands. 

Valdis Dombrovskis, the EU commissioner for the economy, described the approval of the spending plans as a "watershed moment," marking the first time the bloc’s new fiscal rules, introduced in April, were used. 

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Valdis Dombrovskis described the approval of the spending plans under new fiscal rules as a 'watershed moment' (Photo: European Commission)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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