Core Points - One-third of EU countries, representing about half of the EU population, have violated fiscal rules [1] - This is the highest number of countries exceeding the budget deficit limit since the European debt crisis, with each country's deficit surpassing 3% of GDP [1] - The countries will face stricter scrutiny under the excessive deficit procedure, and potential fines if they fail to meet fiscal targets [1]

Core Points - The European Commission has identified nine countries currently in excessive deficit status [1] - Austria has been placed under the excessive deficit procedure [1] Summary by Category Economic Status - Nine countries are reported to be in a state of excessive deficit, indicating potential economic instability [1] Regulatory Actions - Austria's inclusion in the excessive deficit procedure suggests increased scrutiny and potential measures to address fiscal imbalances [1]