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Economic Dialogue with the European Commission on the European Semester Spring 2017 Package - ECON and EMPL on 30 May 2017

29-05-2017

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue in line with the relevant EU law on the European Semester Spring 2017package. This briefing note covers the draft 2017 CSRs, the implementation of CSRs over the period 2012-2016 and recent decisions related to the implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure.

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue in line with the relevant EU law on the European Semester Spring 2017package. This briefing note covers the draft 2017 CSRs, the implementation of CSRs over the period 2012-2016 and recent decisions related to the implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure.

A history of European monetary integration

16-03-2015

European monetary integration began almost a decade after the Treaty of Rome, as European Economic Community Member States sought to protect themselves better from international economic turbulence and loosen their ties to the US dollar. This process, in which a multitude of stakeholders (Member States, European institutions) was involved, developed from looser forms – such as the 'Snake in the tunnel' mechanism – to Monetary Union and a common currency with an international role and importance. ...

European monetary integration began almost a decade after the Treaty of Rome, as European Economic Community Member States sought to protect themselves better from international economic turbulence and loosen their ties to the US dollar. This process, in which a multitude of stakeholders (Member States, European institutions) was involved, developed from looser forms – such as the 'Snake in the tunnel' mechanism – to Monetary Union and a common currency with an international role and importance. Although the Monetary Union brought many benefits to Member States during its first decade of existence, the crisis that began in 2008 has led many to call into question its usefulness. Despite the controversy, it is useful to recognised that much has been achieved, that monetary integration is still a 'work in progress' and that its ultimate success or failure will depend on many factors, not only economic, but also political.

Lithuania on the way towards euro adoption

10-07-2014

After Latvia joined the euro area earlier this year, Lithuania should be the next EU country to adopt the single currency. Following consultation of the European Parliament, in July the Council is expected to decide on the European Commission's proposal that Lithuania become the 19th member of the euro area on 1 January 2015.

After Latvia joined the euro area earlier this year, Lithuania should be the next EU country to adopt the single currency. Following consultation of the European Parliament, in July the Council is expected to decide on the European Commission's proposal that Lithuania become the 19th member of the euro area on 1 January 2015.

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