deficit could spark another debt crisis that couldn't go the entire european union . in brussels welcome gale so the taliban say here's a homework a you have master says not good enough what happens now. well fifty officially the excessive deficit procedure has not been started to date but you could call it a first shot that has been fired from that sears tool box that the european union has if countries. do not follow the rulebook of fiscal discipline here and so what happens next basically is this is the assessment of the european commission that there is a serious risk of noncompliance now essentially i spare you the long story twice you member states within the next couple of weeks will have to agree to that observation and it is only then that within the next half year if you want