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Country-Specific Recommendations for 2018 - A comparison of Commission and Council texts (‘comply or explain’ principle)

26-06-2018

The table overleaf compares the draft 2018 Country Specific Recommendations (CSRs) proposed by the Commission on 23 May 2018 with the 2018 CSRs agreed on the Council Committee level and approved by the Council (ECOFIN) on 22 June 2018. These CSRs are to be generally endorsed by the European Council on 28-29 June 2018 and formally adopted by the Council (ECOFIN) on 13 July 2018.

The table overleaf compares the draft 2018 Country Specific Recommendations (CSRs) proposed by the Commission on 23 May 2018 with the 2018 CSRs agreed on the Council Committee level and approved by the Council (ECOFIN) on 22 June 2018. These CSRs are to be generally endorsed by the European Council on 28-29 June 2018 and formally adopted by the Council (ECOFIN) on 13 July 2018.

The ESM and the proposed EMF: a tabular comparison

14-06-2018

This paper presents some aspects of the draft Council Regulation on the establishment of a European Monetary Fund, proposed by the Commission in the context of the Roadmap to deepening Europe’s Economic and Monetary Union of December 2017. The paper includes a full comparison between the European Stabilisation Mechanism (ESM) Treaty and the Statute of the proposed EMF.

This paper presents some aspects of the draft Council Regulation on the establishment of a European Monetary Fund, proposed by the Commission in the context of the Roadmap to deepening Europe’s Economic and Monetary Union of December 2017. The paper includes a full comparison between the European Stabilisation Mechanism (ESM) Treaty and the Statute of the proposed EMF.

External Imbalaces in the Euro Area

13-06-2018

The current account balance is one of the indicators used in the Macroeconomic Imbalances Procedure (MIP) to signal a possible external imbalance: it provides information on the economic flows of a Member State with the rest of the world. It is the sum of the balances of trade (in goods and services), primary income (dividends and interests on foreign investments, plus salaries paid to/received by non-residents) and secondary income (remittances to/by foreign workers and contributions to EU institutions ...

The current account balance is one of the indicators used in the Macroeconomic Imbalances Procedure (MIP) to signal a possible external imbalance: it provides information on the economic flows of a Member State with the rest of the world. It is the sum of the balances of trade (in goods and services), primary income (dividends and interests on foreign investments, plus salaries paid to/received by non-residents) and secondary income (remittances to/by foreign workers and contributions to EU institutions). The current accounts balance equals the difference between national savings and investment: catching-up countries often run current account deficits, in view of future growth, while countries with ageing population may decide to save today, i.e. run current account surpluses, to avoid drop of consumption in the future.

The ESM and the IMF: comparison of the main features

27-04-2018

This document provides a comparison of the main objectives, tools and governance structures of the European Stability Mechanism (ESM) and of the International Monetary Fund (IMF). It contributes to the debate on recent proposal regarding the possible evolution of the ESM into a “European Monetary Fund”, in the wider context of the discussions on how to strengthen the governance of Economic and Monetary Union. The note also presents summaries of three external papers prepared in spring 2017, upon ...

This document provides a comparison of the main objectives, tools and governance structures of the European Stability Mechanism (ESM) and of the International Monetary Fund (IMF). It contributes to the debate on recent proposal regarding the possible evolution of the ESM into a “European Monetary Fund”, in the wider context of the discussions on how to strengthen the governance of Economic and Monetary Union. The note also presents summaries of three external papers prepared in spring 2017, upon a request of the Economic and Monetary Committee on this subject.

The ESM and the EIB: comparison of some features

25-04-2018

Following the Commission proposal to transform the European Stability Mechanism into the European Monetary Fund, and the statement by the ESM’s Chair to model the new body similarly to the European Investment Bank, this paper presents in a tabular format the main characteristics of these two institutions.

Following the Commission proposal to transform the European Stability Mechanism into the European Monetary Fund, and the statement by the ESM’s Chair to model the new body similarly to the European Investment Bank, this paper presents in a tabular format the main characteristics of these two institutions.

Country Specific Recommendations for 2016 and 2017 - A comparison and an overview of implementation

12-03-2018

This document presents the Country Specific Recommendations for 2016 and 2017 as well as the assessment of the implementation of 2016 Country Specific Recommendations.

This document presents the Country Specific Recommendations for 2016 and 2017 as well as the assessment of the implementation of 2016 Country Specific Recommendations.

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