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Upb - Focus n. 2/2026
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Focus no. 2/2026 – “An overview of the macroeconomic and public finance outlooks of the Euro Area Countries’ Draft Budgetary Plans – 2026”

26 February 2026

Complete Text Infographic Interactive visualization Press release 26 February 2026 | Macroeconomic and public finance outlooks for 2025–26 in the euro area: DPBs largely compliant with EU recommendations but risks of deviations   The Parliamentary Budget Office (UPB) published today a new Focus dedicated to the analysis of the 2026 Draft Budgetary Plans (DBPs) of […]

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Upb - Focus UPB
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Focus no. 1/2026 “The 2026 Budget Law: An Analysis of the Final Texts”

20 February 2026

Complete Text Press release 20 February 2026 | The manoeuvre increases the deficit by €0.8 billion in 2026, €5.7 billion in 2027, and €6.8 billion in 2028 Parliamentary amendments slightly improve net borrowing Several tax measures have initially positive effects but subsequently negative effects and do not ensure structural resources Households receive €20 billion in […]

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Report on Recent Economic Development of February 2026

4 February 2026

Complete Text Print Summary Press release 4 February 2026 | The international environment still appears dominated by high geopolitical uncertainty, which mainly affects energy prices, trade flows, and financial market expectations. In this context, investors are showing growing interest in safe-haven assets, whose prices (Figure 1) have accelerated in recent months and displayed greater volatility […]

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Hearing on Bill No. 1623 containing the delegation to the Government for the determination of the Essential Levels of Performance

22 January 2026

Complete Text Print Summary Video 22 January 2026 | The Parliamentary Budget Office (PBO) appeared today before the Constitutional Affairs Committee of the Senate of the Republic in the context of the examination of Bill No. 1623, containing a delegation to the Government for the determination of the Essential Levels of Performance (LEP). In the […]

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