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This note provides an overview of the main features and recent developments regarding the advisory European Fiscal Board. This body was established by the European Commission in October 2015, in the context of the implementation of an “integrated framework for sound fiscal policies”, proposed in the Five Presidents' Report of June 2015. The Annex presents excerpts from the latest Annual Reports published by the board.

Scientific knowledge has become a key element in the policy-making process, alongside societal values and political considerations. As a consequence, stronger science advice systems have been developed to provide timely and useful scientific advice to policy-makers in both legislative and executive bodies. Such systems for the provision of advice integrate various institutions and structures in order to address adequately the specific needs of policy-makers: providing strong scientific expertise ...

The High-Level Group on Administrative Burdens or the Stoiber Group was established in 2007 as an independent body to advise the European Commission on its planned Action Programme for administrative burden reduction (ABR) in respect of EU legislation. The latter programme set a 25 per cent reduction target by 2012, covering 13 policy areas. On 14 October 2014, at the presentation of the group's Final Report to then Commission President José Manuel Barroso, Mr Stoiber invited the Commission ...