Economic governance framework: stocktaking and challenges

The European Union’s economic governance framework aims to detect, prevent, and correct problematic economic trends such as excessive government deficits or public debt levels, which can stunt growth and put economies at risk. As part of the review of the framework, the European Parliament (EP) is calling for closer economic coordination between the EU and its Member States in order to improve fiscal capacity and assistance mechanisms. The EP also underlines the importance of democratic accountability, transparency and the participation of the social partners. Please click here for the full publication in PDF format