Legislation

National legislation

 

Constitutional Law 1 of 20 April 2012 (in Italian)

Introduction of the principle of a balanced budget in the Constitution.

(Gazzetta Ufficiale no. 95 of 23 April 2012)

 

Law 243 of 24 December 2012 (in Italian)

Measures for implementing the principle of a balanced budget pursuant to Article 81, sixth paragraph, of the Constitution.

(Gazzetta Ufficiale no. 12 of 15 January 2013)

 

Legislative Decree 54 of 4 March 2014 (in Italian)

Transposition of Directive 2011/85/EU on requirements for budgetary frameworks of the Member States

 

 

European legislation

 

Treaty on Stability, Coordination and Governance in the Economic and Monetary Union

 

Regulation (EU) no. 473/2013 of the European Parliament and of the Council of 21 May 2013

On common provisions for monitoring and assessing draft budgetary plans and ensuring the correction of excessive deficit of the Member States in the euro area

 

Directive 2011/85/EU of the Council of 8 November 2011

On requirements for budgetary frameworks of the Member States

 

Communication from the Commission COM(2012) 342 final

Common principles on national fiscal correction mechanisms