Article 5

Each Member State shall have in place numerical fiscal rules which are specific to it and which effectively promote compliance with its obligations deriving from the TFEU in the area of budgetary policy over a multiannual horizon for the general government as a whole. Such rules shall promote in particular:

1. (a)

   compliance with the reference values on deficit and debt set in accordance with the TFEU;

2. (b)

   the adoption of a multiannual fiscal planning horizon, including adherence to the Member State’s medium-term budgetary objective.