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Economic dialogue and exchange of views with the Presidents of the Council (ECOFIN)

09-07-2018

Hartwig Löger, Minister of Finance of Austria, is participating in the ECON Committee on 11 July 2018 in his capacity of the incoming President of the ECOFIN Council during the Austrian Presidency (July - December 2018). Vladislav Goranov, Minister of Finance of Bulgaria, is participating in the ECON Committee on 12 July 2018 in his capacity of the outgoing President of the ECOFIN Council during the Bulgarian Presidency (January - June 2018). According to the Treaty of the Union “Member States shall ...

Hartwig Löger, Minister of Finance of Austria, is participating in the ECON Committee on 11 July 2018 in his capacity of the incoming President of the ECOFIN Council during the Austrian Presidency (July - December 2018). Vladislav Goranov, Minister of Finance of Bulgaria, is participating in the ECON Committee on 12 July 2018 in his capacity of the outgoing President of the ECOFIN Council during the Bulgarian Presidency (January - June 2018). 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 note covers the 2018 CSRs proposed by the Commission, the implementation of CSRs over the period 2012-2017 and recent decisions related to the implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure. It also includes elements related to the on-going work to strengthen the governance and the resilience of the Economic and Monetary Union.

Economic Dialogue with the European Commission on the European Semester Spring 2018 Package

27-06-2018

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue on the European Semester Spring 2018 package in line with the relevant EU law. This briefing note covers the 2018 CSRs proposed by the Commission, the implementation of CSRs over the period 2012-2017 and recent decisions related to the implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure. It also includes elements related to the on-going work ...

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue on the European Semester Spring 2018 package in line with the relevant EU law. This briefing note covers the 2018 CSRs proposed by the Commission, the implementation of CSRs over the period 2012-2017 and recent decisions related to the implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure. It also includes elements related to the on-going work to strengthen the governance and the resilience of the Economic and Monetary Union.

Greece’s financial assistance programme - June 2018

22-06-2018

This briefing provides an overview of the economic situation in Greece and the main developments under the third financial assistance programme. This version updates the briefing published on 3 October 2017.

This briefing provides an overview of the economic situation in Greece and the main developments under the third financial assistance programme. This version updates the briefing published on 3 October 2017.

How could the Stability and Growth Pact be simplified?

25-04-2018

This note provides a summary of three external papers requested by the ECON Committee in the context of the Parliament scrutiny activities of the Euro area. The main objective of these papers is to advance proposals on how the fiscal rules of the Stability and Growth Pact could be simplified, in order to enhance its credibility, transparency and enforceability, while allowing some room for flexibility. Several EU insitutions have recognised the complexity of the SGP and the consequent need for ...

This note provides a summary of three external papers requested by the ECON Committee in the context of the Parliament scrutiny activities of the Euro area. The main objective of these papers is to advance proposals on how the fiscal rules of the Stability and Growth Pact could be simplified, in order to enhance its credibility, transparency and enforceability, while allowing some room for flexibility. Several EU insitutions have recognised the complexity of the SGP and the consequent need for simplification: some relevant positions are reported in this note as well.

Implementation of the 2017 Country-Specific Recommendations

19-03-2018

Country-Specific Recommendations (CSRs) provide guidance to EU Member States on macro-economic, budgetary and structural policies in accordance with Articles 121 and 148 of the Treaty on the Functioning of the European Union (TFEU). These recommendations, issued within the framework of the European Semester since 2011, are aimed at boosting economic growth and job creation, while maintaining sound public finances and preventing excessive macroeconomic imbalances. After being endorsed by the European ...

Country-Specific Recommendations (CSRs) provide guidance to EU Member States on macro-economic, budgetary and structural policies in accordance with Articles 121 and 148 of the Treaty on the Functioning of the European Union (TFEU). These recommendations, issued within the framework of the European Semester since 2011, are aimed at boosting economic growth and job creation, while maintaining sound public finances and preventing excessive macroeconomic imbalances. After being endorsed by the European Council and formally adopted by the ECOFIN Council, CSRs are to be taken into account by Member States in the process of national decision making. The Commission also proposes policy recommendations to the euro area based on Article 136 of the TFEU. The Council and the Commission closely monitor the implementation of CSRs and take further actions as appropriate.

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.

Economic Dialogue with the President of the Eurogroup - ECON on 21 February 2018

19-02-2018

Mário Centeno, President of the Eurogroup since 13 January 2018, has been invited to a regular Economic Dialogue, notably 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. As the President of the Eurogroup, Mr Centeno has also been appointed as Chairman of the Board of Governors of the European Stability ...

Mário Centeno, President of the Eurogroup since 13 January 2018, has been invited to a regular Economic Dialogue, notably 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. As the President of the Eurogroup, Mr Centeno has also been appointed as Chairman of the Board of Governors of the European Stability Mechanism.

Recommendations on the economic policy of the euro area under the European Semester

16-02-2018

This briefing provides an overview of the Council recommendations addressed to the euro area as a whole under the European Semester, and presents information on the related Eurogroup’s policy actions. The briefing is regularly updated.

This briefing provides an overview of the Council recommendations addressed to the euro area as a whole under the European Semester, and presents information on the related Eurogroup’s policy actions. The briefing is regularly updated.

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

23-01-2018

Toomas Tõniste, Minister of Finance of Estonia, is participating in the ECON Committee in his capacity of the outgoing President of the ECOFIN Council following the Estonia’s Presidency (July - December 2017). Vladislav Goranov, Minister of Finance of Bulgaria, is participating in the ECON Committee in his capacity of the incoming President of the ECOFIN Council during the Bulgaria’s Presidency (January - July 2018). This briefing provides an overview of the main achievements of the Estonian Presidency ...

Toomas Tõniste, Minister of Finance of Estonia, is participating in the ECON Committee in his capacity of the outgoing President of the ECOFIN Council following the Estonia’s Presidency (July - December 2017). Vladislav Goranov, Minister of Finance of Bulgaria, is participating in the ECON Committee in his capacity of the incoming President of the ECOFIN Council during the Bulgaria’s Presidency (January - July 2018). This briefing provides an overview of the main achievements of the Estonian Presidency, the Bulgaria Presidency priorities in the economic and financial areas, the recent developments under the European Semester, the implementation of the SGP, the MIP as well as the Banking Union. Finally, it presents the latest developments under the third financial assistance programme to Greece. 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”.

Economic Dialogue with the President of the Eurogroup - ECON on 7 December 2017

05-12-2017

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. His mandate ends on 13 January 2018 when his successor Mário Centeno, Portugal’s Minister of Finance, will take office.

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