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Key Macroeconomic Indicators in the Euro Area and the United States

18-11-2020

Latest forcest by EC, IMF and OECD.

Latest forcest by EC, IMF and OECD.

The legal nature of Country-Specific Recommendations

17-09-2020

The Country-Specific Recommendations (CSRs) are annually adopted by the Council based on the Commission (COM) proposals within the framework of the European Semester. The CSRs provide integrated guidance on macro-fiscal and macro-structural measures based on the COM assessment of Member States' medium-term budgetary plans and national reform programmes in light of broad policy priorities endorsed by the European Council or adopted by the Council on th basis of the Annual Growth Survey. The Council ...

The Country-Specific Recommendations (CSRs) are annually adopted by the Council based on the Commission (COM) proposals within the framework of the European Semester. The CSRs provide integrated guidance on macro-fiscal and macro-structural measures based on the COM assessment of Member States' medium-term budgetary plans and national reform programmes in light of broad policy priorities endorsed by the European Council or adopted by the Council on th basis of the Annual Growth Survey. The Council also adopts policy recommendations to the euro area as a whole in accordance with Article 136 of the Treaty on the Functioning of the European Union (TFEU) following a COM proposal. Table 1 displays the development of the number of CSRs and the minimum and maximum number per Member State.

Implementation of the Macroeconomic Imbalance Procedure: State of play August 2020

27-08-2020

This note presents the EU Member States' situation with respect to the Macroeconomic Imbalance Procedure, taking into account recent assessments and decisions by the European Commission and the Council. It also gives an overview of relevant comments on the MIP published by EU institutions. A separate EGOV note describes the MIP procedure. This document is regularly updated.

This note presents the EU Member States' situation with respect to the Macroeconomic Imbalance Procedure, taking into account recent assessments and decisions by the European Commission and the Council. It also gives an overview of relevant comments on the MIP published by EU institutions. A separate EGOV note describes the MIP procedure. This document is regularly updated.

Key Macroeconomic Indicators for Cyprus, Greece, Ireland and Portugal

12-05-2020

This document provides a selection of key indicators in Member States that are or have been subject to a Macroeconomic Adjustment Programme. Greece is still under a programme, while Ireland, Portugal and Cyprus have exited their programmes and are now under so-called post-programme surveillance. For more information on the programmes, please see a separate document on Financial Assistance to EU Member States.

This document provides a selection of key indicators in Member States that are or have been subject to a Macroeconomic Adjustment Programme. Greece is still under a programme, while Ireland, Portugal and Cyprus have exited their programmes and are now under so-called post-programme surveillance. For more information on the programmes, please see a separate document on Financial Assistance to EU Member States.

Potential Output Estimates and their Role in the EU Fiscal Policy Surveillance

11-02-2020

The surveillance of fiscal policies of EU Members States makes extensive use of estimates of the potential output and related concepts, including output gap and structural balance. This note provides an overview of these concepts, of their use and of the main issues related to them .

The surveillance of fiscal policies of EU Members States makes extensive use of estimates of the potential output and related concepts, including output gap and structural balance. This note provides an overview of these concepts, of their use and of the main issues related to them .

Economic Dialogue with the President of the Eurogroup - ECON 18 November 2019

14-11-2019

Mário Centeno, has been invited to his first Economic Dialogue for the current legislative term of the European Parliament. The previous dialogue in the ECON Committee took place on 20 November 2018. During the 8th legislative term, 9 Economic Dialogues with the President of the Eurogroup took place in the ECON Committee. This briefing provides an overview of the ongoing work of the Eurogroup as regards Council recommendations to the Euro Area as a whole, public finances, macro-economic imbalances ...

Mário Centeno, has been invited to his first Economic Dialogue for the current legislative term of the European Parliament. The previous dialogue in the ECON Committee took place on 20 November 2018. During the 8th legislative term, 9 Economic Dialogues with the President of the Eurogroup took place in the ECON Committee. This briefing provides an overview of the ongoing work of the Eurogroup as regards Council recommendations to the Euro Area as a whole, public finances, macro-economic imbalances, ex-post surveillance and the banking union.

Economic Dialogues and Exchanges of Views with the Member States under the European Semester Cycles - State-of-Play (October 2019)

03-10-2019

This table provides a regular update on Member States invited for an Economic Dialogue in the competent Committee of the European Parliament and an overview of the respective legal base.

This table provides a regular update on Member States invited for an Economic Dialogue in the competent Committee of the European Parliament and an overview of the respective legal base.

Economic Dialogue with the Other EU Institutions under the European Semester Cycles, January 2019

03-10-2019

This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent Committee of the European Parliament from January 2014 until January 2019 under the European Semester Cycles. It also includes an overview of the respective legal bases for these dialogues.

This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent Committee of the European Parliament from January 2014 until January 2019 under the European Semester Cycles. It also includes an overview of the respective legal bases for these dialogues.

EU policies – Delivering for citizens: Economic policy

28-06-2019

In the European Union (EU), although economic policy falls within the remit of each Member State, there is, nevertheless, multilateral coordination of economic policies between individual countries. The global financial crisis and the European sovereign debt crisis put this framework severely to the test. Partly as a result, recovery in the EU was slower than recovery in the United States, and was not achieved equally by all Member States. Furthermore, it has to a large extent been based on accommodative ...

In the European Union (EU), although economic policy falls within the remit of each Member State, there is, nevertheless, multilateral coordination of economic policies between individual countries. The global financial crisis and the European sovereign debt crisis put this framework severely to the test. Partly as a result, recovery in the EU was slower than recovery in the United States, and was not achieved equally by all Member States. Furthermore, it has to a large extent been based on accommodative fiscal and monetary policies that only partly hide underlying signs of fiscal or financial fragility in some countries. To remedy this, the European institutions began a twofold process in 2011: initiatives were taken to strengthen the current framework for economic governance and banking supervision in the euro area while, in parallel, discussions began on possible ways to reduce the economic divergences between Member States, provide incentives for risk reduction and risk-sharing, render the governance process more transparent and ensure democratic accountability. In this latter area, several initiatives – that did not require changes to the EU Treaties – were taken between 2015 and 2017. In summer 2017, discussions on deepening the policy framework for economic and monetary union (EMU) intensified. This process, which was advocated in the Five Presidents' Report (the presidents of the main EU institutions) and should be completed by 2025, is now being considered at Member State level. The current state of play points towards two main policy preferences, dividing Member States into two groups: those that prioritise risk-sharing measures (such as France), and those that argue instead for further risk-reduction initiatives (for example, Germany). This lack of consensus has so far meant that the European Council has not been able to reach a breakthrough. This is an update of an earlier briefing issued in advance of the 2019 European elections.

Evropský semestr: Hlavní kroky na úrovni EU

07-05-2019

Evropský semestr pro koordinaci ekonomických politik: Hlavní kroky a aktéři.

Evropský semestr pro koordinaci ekonomických politik: Hlavní kroky a aktéři.

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Public Hearing on Women's Rights Defenders
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