Public expectations and EU policies - Economic policy

30-06-2016

The EU’s economic policy is mainly geared towards coordinating national economic policies, with much attention given to macroeconomic imbalances, as well as managing the fiscal safeguards provided by the Stability and Growth Pact. However, compliance by Member States with the existing framework is weak. At the same time monetary policy is an exclusive EU competence for the euro area.

The EU’s economic policy is mainly geared towards coordinating national economic policies, with much attention given to macroeconomic imbalances, as well as managing the fiscal safeguards provided by the Stability and Growth Pact. However, compliance by Member States with the existing framework is weak. At the same time monetary policy is an exclusive EU competence for the euro area.