# Regulation (EU) No 1176/2011 of the European Parliament and of the Council of 16 November 2011 on the prevention and correction of macroeconomic imbalances, Article 11: Closing of the excessive imbalance procedure

Extent: E+W+S+N.I.

The Council, on a recommendation from the Commission, shall abrogate recommendations issued under Articles 7, 8 or 10 as soon as it considers that the Member State concerned is no longer affected by excessive imbalances as outlined in the recommendation referred to in Article 7(2). The Council shall make a public statement reflecting that fact.

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Source: https://www.legislation.gov.uk/eur/2011/1176/article/11 (the official version)
Page: https://openlegislation.uk/eu-regulation-2011-1176/article-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.