67

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Thematic Overview: Member States whose 2017 Draft Budgetary Plans Were Assessed To Be "At Risk of Non-Compliance" with the Stability and Growth Pact

25-04-2017

This briefing gives an overview of the recent European Commission (COM) assessments of eight Member States (Spain, Portugal, Italy, Belgium, Cyprus, Lithuania, Slovenia and Finland) whose 2017 Draft Budgetary Plans (DBPs) are considered to be “at risk of non-compliance” with their current obligations under the Stability and Growth Pact (SGP). This briefing will be updated as further assessments by the COM become available regarding compliance with the SGP.

This briefing gives an overview of the recent European Commission (COM) assessments of eight Member States (Spain, Portugal, Italy, Belgium, Cyprus, Lithuania, Slovenia and Finland) whose 2017 Draft Budgetary Plans (DBPs) are considered to be “at risk of non-compliance” with their current obligations under the Stability and Growth Pact (SGP). This briefing will be updated as further assessments by the COM become available regarding compliance with the SGP.

The role of national fiscal bodies: State of play (March 2017)

31-03-2017

This briefing provides an overview of the role played by national fiscal institutions in the preparations of forthcoming budgets in EU Member States. As part of the scrutiny of the implementation of the economic governance framework in the European Union, the objective of the briefing is twofold: 1) to give and overview of the extent to which the Stability or Convergence Programmes and the Draft Budgetary Plans contain information about the involvement of independent national fiscal bodies in the ...

This briefing provides an overview of the role played by national fiscal institutions in the preparations of forthcoming budgets in EU Member States. As part of the scrutiny of the implementation of the economic governance framework in the European Union, the objective of the briefing is twofold: 1) to give and overview of the extent to which the Stability or Convergence Programmes and the Draft Budgetary Plans contain information about the involvement of independent national fiscal bodies in the preparation of these programmes/plans; and 2) to give an overview of the current set-up and role of these independent fiscal bodies based on the most recent assessment by the European Commission.

Economic Dialogue with Croatia

22-03-2017

This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an Economic Dialogue with Zdravko Maric, Croatia’s Minister for Finance, in the ECON committee of the European Parliament. The invitation for a dialogue is in accordance with the EU economic governance framework.

This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an Economic Dialogue with Zdravko Maric, Croatia’s Minister for Finance, in the ECON committee of the European Parliament. The invitation for a dialogue is in accordance with the EU economic governance framework.

Economic Dialogue with the President of the Eurogroup - ECON on 21 March 2017

17-03-2017

Jeroen Dijsselbloem, President of the Eurogroup, has been invited to a regular Economic Dialogue, in particular, in accordance with Article 2ab of Regulation 1466/97 as amended. This briefing provides an overview of the ongoing work of the Eurogroup as regards public finances, macro-economic imbalances, financial adjustment programmes and the banking union. Mr Dijsselbloem has been the Eurogroup President since January 2013. As the President of the Eurogroup, he is also chairing the Board of Governors ...

Jeroen Dijsselbloem, President of the Eurogroup, has been invited to a regular Economic Dialogue, in particular, in accordance with Article 2ab of Regulation 1466/97 as amended. This briefing provides an overview of the ongoing work of the Eurogroup as regards public finances, macro-economic imbalances, financial adjustment programmes and the banking union. Mr Dijsselbloem has been the Eurogroup President since January 2013. As the President of the Eurogroup, he is also chairing the Board of Governors of the European Stability Mechanism.

Macro-Financial Assistance to EU Member States - State of Play, March 2017

16-03-2017

This document provides regularly updated information on EU Member States receiving financial assistance from the ESM, the EFSF, the EFSM, the EU balance of payments assistance facility, other Member States and/or the IMF. It also covers the post-programme reviews undertaken by the European Commission (EC) in liaison with the ECB (Post-Programme Surveillance, PPS), the IMF (Post-Programme Monitoring, PPM) and the ESM (Early Warning System, EWS).

This document provides regularly updated information on EU Member States receiving financial assistance from the ESM, the EFSF, the EFSM, the EU balance of payments assistance facility, other Member States and/or the IMF. It also covers the post-programme reviews undertaken by the European Commission (EC) in liaison with the ECB (Post-Programme Surveillance, PPS), the IMF (Post-Programme Monitoring, PPM) and the ESM (Early Warning System, EWS).

Greece's financial assistance programme (March 2017)

10-03-2017

This briefing gives an overview of the economic situation in Greece and the main elements of the third financial assistance programme. This briefing is regularly updated (this version replaces the version published on 29 September 2016).

This briefing gives an overview of the economic situation in Greece and the main elements of the third financial assistance programme. This briefing is regularly updated (this version replaces the version published on 29 September 2016).

Implementation of the Stability and Growth Pact (February 2017)

22-02-2017

This document gives an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact (SGP) on the basis of (1) the Commission (COM) winter 2017 economic forecast (of 13 February 2017), (2) the latest Council decisions and recommendations in the framework of the SGP and (3) the COM Opinions (of 16 November 2016 and 17 January 2017) on compliance of the 2017 Draft Budgetary Plans (DBPs) of euro area Member States with the SGP. The document is regularly updated ...

This document gives an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact (SGP) on the basis of (1) the Commission (COM) winter 2017 economic forecast (of 13 February 2017), (2) the latest Council decisions and recommendations in the framework of the SGP and (3) the COM Opinions (of 16 November 2016 and 17 January 2017) on compliance of the 2017 Draft Budgetary Plans (DBPs) of euro area Member States with the SGP. The document is regularly updated.

Structural Budget Balances in EU Member States

22-02-2017

Structural budget balances play an important role in the fiscal policy frameworks of the EU both as part of the application of the Stability and Growth Pact (SGP) and in the implementation of the balanced budget rule (“Fiscal Compact”) by the contracting parties of the intergovernmental Treaty on Stability, Coordination and Governance in the EMU. This document gives an overview of the concept and application of the structural balance rule(s) in the EU. It will be regularly updated, in particular, ...

Structural budget balances play an important role in the fiscal policy frameworks of the EU both as part of the application of the Stability and Growth Pact (SGP) and in the implementation of the balanced budget rule (“Fiscal Compact”) by the contracting parties of the intergovernmental Treaty on Stability, Coordination and Governance in the EMU. This document gives an overview of the concept and application of the structural balance rule(s) in the EU. It will be regularly updated, in particular, the annex that shows progress made (based on the latest Commission forecast) by Member States in reaching their structural budget commitments under the SGP.

Key Features of 2017 Draft Budgetary Plans

23-01-2017

This document prepared by the Economic Governance Support Unit compares key features of the 2017 Draft Budgetary Plans (DBP) with the autumn 2016 forecasts by the European Commission (EC) and key features included in the 2016 Stability Programmes (SP) with the spring 2016 forecasts by the EC.

This document prepared by the Economic Governance Support Unit compares key features of the 2017 Draft Budgetary Plans (DBP) with the autumn 2016 forecasts by the European Commission (EC) and key features included in the 2016 Stability Programmes (SP) with the spring 2016 forecasts by the EC.

Economic Dialogue and Exchange of Views with the President of the Council (ECOFIN)

23-01-2017

Edward Scicluna, Minister of Finance of Malta, is participating in the ECON as current President of the ECOFIN Council during the Maltese Presidency (January - June 2017). According to the Treaty of the Union, Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council. This briefing prepared by the Economic Governance Support Unit covers the Maltese Presidency priorities in the economic and financial fields, the recent developments ...

Edward Scicluna, Minister of Finance of Malta, is participating in the ECON as current President of the ECOFIN Council during the Maltese Presidency (January - June 2017). According to the Treaty of the Union, Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council. This briefing prepared by the Economic Governance Support Unit covers the Maltese Presidency priorities in the economic and financial fields, the recent developments in the implementation of the SGP, the MIP, the recommendations for the Euro Area, as well as the latest developments in completing the Banking Union.

Upcoming events

03-05-2017
EU action to combat marine litter
Workshop -
ENVI
03-05-2017
Workshop on Sectarianism in the Middle East and North Africa
Workshop -
AFET
03-05-2017
Business and human rights in EU External Policies
Hearing -
DROI INTA

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