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List of publications from the EP Think Tank
https://www.europarl.europa.eu/thinktank
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Keyword "structural adjustment"
142 Result(s)
Creation date : 08-06-2022Italy's National Recovery and Resilience Plan: Latest state of play
Publication typeBriefing
Date10-03-2022
AuthorD'ALFONSO Alessandro
Policy areaBudget | Economics and Monetary Issues
Keyword coronavirus disease | economic recovery | economic reform | epidemic | EU aid | European Semester | investment |
Italy | recommendation (EU) | structural adjustment
Summary In absolute figures, Italy’s Recovery and Resilience Plan is the largest national plan under the unprecedented EU
response to the crisis triggered by the coronavirus pandemic. Italy has decided to use its entire national allocation
under the Recovery and Resilience Facility (RRF), including its loan component. Totalling €191.5 billion, these
resources represent 26.5 % of the entire RRF, equal to 10.7 % of the country’s gross domestic product (GDP) in 2019
(the RRF being 5.2 % of EU-27 GDP in 2019). In addition, Italy has earmarked national resources worth €30.6 billion to
further strengthen a vast programme of reforms and investments that aims to promote the recovery of the Italian
economy, while addressing a number of structural weaknesses as well as pursuing major objectives such as the green
transition and the digital transformation. Measures under the plan are to be completed by 2026. Following the Council’s
approval of the plan, Italy received €24.9 billion pre-financing in August 2021. Further payments, in 10 instalments
each for grants and loans, will depend on progress in implementing the plan. In December 2021, Italy submitted a first
payment request worth €21 billion in grant and loan instalments. On 28 February 2022, the European Commission
endorsed a positive preliminary assessment of this request. The European Parliament, which was a major advocate for
the creation of a common EU recovery instrument, participates in interinstitutional fora for cooperation and discussion
on its implementation and scrutinises the work of the European Commission. This briefing is one in a series covering
all EU Member States. Third edition. The ‘NGEU delivery’ briefings are updated at key stages throughout the lifecycle
of the plans.
Briefing EN
Spain's National Recovery and Resilience Plan: Latest state of play
Publication type Briefing
Date 14-01-2022
Author KARABOYTCHEVA Miroslava Kostova
Policy area Budget | Economics and Monetary Issues
Keyword coronavirus disease | economic recovery | economic reform | epidemic | EU aid | European Semester | investment |
recommendation (EU) | Spain | structural adjustment
Summary Spain’s National Recovery and Resilience Plan (NRRP) is one of the biggest financed by the Next Generation EU
(NGEU) recovery instrument. It contains the largest amount, in terms of grants, under the unprecedented EU response
to the crisis caused by the coronavirus pandemic. For the time being, Spain has decided to use its national allocation
for grants under the Recovery and Resilience Facility (RRF). The proposed and approved amount (€69.5 billion)
represents 9.6 % of the entire RRF, equal to 5.6 % of the country’s gross domestic product (GDP) in 2019 (the RRF
being 5.2 % of EU-27 GDP in 2019). In addition, Spain’s general state budgets plan investment of €27 billion, aligned
with the NRRP. The RRF funding will be supplemented by €12.4 billion from the REACT-EU funds, mainly for
investment in health and education, and by the structural funds set out in the 2021-2027 Multiannual Financial
Framework. Measures under the plan are to be completed by 2026. Following the Council’s approval of the plan on 17
August 2021, the European Commission disbursed €9 billion to Spain in pre-financing, equivalent to 13 % of the
country’s financial allocation under the RRF. The next payments, in eight instalments, will depend on progress in
implementing the plan. The European Parliament, which was a major advocate for the creation of a common EU
recovery instrument and was co-legislator for the adoption of the RRF, participates in the interinstitutional fora for
cooperation and discussion on its implementation and in scrutinising the work of the European Commission.
Briefing EN
Ireland's National Recovery and Resilience Plan: Latest state of play
Publication typeBriefing
Date14-12-2021
AuthorLILYANOVA Velina
Policy areaBudget
Keyword coronavirus disease | economic recovery | economic reform | epidemic | EU aid | European Semester | investment |
Ireland | recommendation (EU) | structural adjustment
Summary Ireland's National Recovery and Resilience Plan (NRRP) is relatively small compared to the plans of most Member
States. In absolute terms and per capita, Ireland has the second smallest allocation (after Luxembourg) under the
Recovery and Resilience Facility (RRF) €989 million entirely in grants. So far, it has not requested any loans (the
maximum available loan amount is estimated at €18.7 billion). Most of the funds (€914.4 million) are expected to be
legally committed by December 2022. A further set of grants (the remaining amount) will be allocated in 2023,
depending on economic developments. Ireland has not requested pre-financing; its grants are planned to be disbursed
in five instalments. Relative to the size of the Irish economy, its RRF grants are not large: these are equivalent to
around 0.3 % of the country's 2019 GDP, while the total RRF amounts to 5.2 % of 2019 EU-27 GDP. Given also that
spending will be spread over the years up to 2026, the RRF is not expected to have a significant direct impact on
Ireland's key macroeconomic indicators. The European Commission estimates that it could increase Ireland's GDP by
0.3-0.5 % by 2026. А more significant indirect impact is expected from the overall boost to the EU economy and the
associated cross-border spillover effects. The plan's overall objective is to contribute to a sustainable, equitable, green
and digital recovery. It complements the government's broader domestic recovery efforts under the economic recovery
plan, underpinned by the national development plan (NDP) of €165 billion, for 2021-2030. Although the RRF allocation
amounts to less than 1 % of the total NDP investment, it will contribute to key reforms and investments. With 41.9 % of
funding allocated for climate and 31.5 % for digital measures, the NRRP's16 investment and 9 reform projects will also
focus on strategic EU priorities. The European Parliament participates in interinstitutional fora for cooperation and
discussion on the implementation of the RRF, and scrutinises the work of the European Commission.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 1Germany's National Recovery and Resilience Plan: Latest state of play
Publication type Briefing
Date 14-12-2021
Author JOCHHEIM Ulrich | MILDEBRATH Hendrik Alexander
Policy area Budget | Foreign Affairs
Keyword coronavirus disease | economic recovery | economic reform | epidemic | EU aid | European Semester | Germany |
investment | recommendation (EU) | structural adjustment
Summary Germany is set to receive €25.6 billion in non-repayable support from the Recovery and Resilience Facility (RRF), the
unprecedented EU response to the crisis triggered by the coronavirus pandemic. This amount corresponds to 3.7 % of
the entire RRF and to 0.7 % of Germany's 2019 gross domestic product (GDP). The National Recovery and Resilience
Plan (NRRP) for Germany amounts to €27.9 billion (0.81 % of 2019 GDP) and does not include requests for loans.
Excluding value-added tax, this corresponds to a net amount of at least €26.5 billion, slightly above the maximum
financial contribution of €25.6 billion (0.74 % of 2019 GDP) that Germany can expect. For most of the measures,
additional funding will also come from national sources. There is a strong focus on the green transition. Measures
relating to climate protection –including key actions on mobility and housing – reach at least 42 % of the allocation. The
German RRP shows an even stronger digital ambition, reaching at least 52 % of the allocation and ranging from
industry, to education, social policy and healthcare, to public administration. Following Council approval of the plan, the
European Commission, on 26 August 2021, disbursed €2.25 billion to Germany in pre-financing, equivalent to 9 % of
the country's financial allocation under the RRF. (Germany did not ask for a higher share of pre-financing because the
€2.25 billion was already reflected in budgetary acts adopted earlier). The remaining 91 % will be paid in five
instalments once Germany has satisfactorily fulfilled the milestones and targets identified in relation to RRF
implementation. An amount of €16.3 billion will be available to be legally committed by 31 December 2022. The
European Parliament strongly advocated the establishment of a common EU recovery instrument. Parliament
participates in interinstitutional cooperation and discussions on its implementation and scrutinises the European
Commission's work.
Briefing EN
Implementation of the Macroeconomic Imbalance Procedure: State of play August 2021
Publication type In-Depth Analysis
Date 25-08-2021
Author ZOPPÉ Alice
Policy area Coronavirus | Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword coordination of EMU policies | economic disparity | economic indicator | EU Member State | EU statistics | euro area |
interinstitutional cooperation (EU) | macroeconomics | structural adjustment
Summary 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.
In-Depth Analysis EN
Recovery and Resilience Plans - An overview
Publication type In-Depth Analysis
Date 15-06-2021
Author ANGERER Jost | GOTTI GIULIA | GRIGAITE KRISTINA | KOMAZEC KATJA | LEHOFER WOLFGANG | PACHECO
DIAS CRISTINA SOFIA | SEGALL REBECCA SARAH FANNY | TURCU OVIDIU IONUT | ZOPPÉ Alice
Policy area Coronavirus | Economics and Monetary Issues
Keyword coronavirus disease | distribution of EU funding | economic and social cohesion | economic recovery | epidemic | EU
financial instrument | EU Member State | green economy | report | structural adjustment
Summary This document provides an overview of the adoption of the Recovery and Resilience Plans (RRPs) under the Recovery
and Resilience Facility (RRF) and some relevant developments. The document will be regularly updated.
In-Depth Analysis EN
Technical Support Instrument: main features
Publication type In-Depth Analysis
Date 14-06-2021
Author ANGERER Jost | PACHECO DIAS CRISTINA SOFIA
Policy area Coronavirus | Economics and Monetary Issues
Keyword coronavirus disease | economic and social cohesion | economic governance (EU) | economic recovery | epidemic | EU
financial instrument | European Semester | research report | structural adjustment | technical cooperation
Summary In order to help national authorities in improving their capacity to design, develop and implement reforms, including
those covered by recovery and resilience plans pursuant to Regulation (EU) 2021/241), the European Parliament and
the Council adopted on 10 February 2021 the Regulation (EU) 2021/240 establishing a Technical Support Instrument.
The Instrument may finance a broad range of technical assistance actions refering to policy areas related to cohesion,
competitiveness and others, with specific emphasis on digital and just green transitions.This note presents its main
characteristics, focusing notably in its connection with the EU economic governance framework and the European
Semester.
In-Depth Analysis EN
08-06-2022 Source : © European Union, 2022 - EP 2Exchange of views with Commissioner Elisa Ferreira on the implementation of the Technical Support
Instrument
Publication type Briefing
Date 11-06-2021
Author ANGERER Jost | PACHECO DIAS CRISTINA SOFIA
Policy area Economics and Monetary Issues
Keyword distribution of EU funding | economic recovery | EU financial instrument | EU Member State | European Commissioner |
European Semester | financial market | report | structural adjustment | technical cooperation | United Kingdom |
withdrawal from the EU
Summary Ahead of BUDG-ECON exchange of views with Commissioner Ferreira, on 14 June, this note provides a brief overview
on the 2021 annual workplan, ongoing and finalised projects and some other elements of the Technical Support
Instrument.
Briefing EN
The main building blocks of the Recovery and Resilience Facility
Publication type
In-Depth Analysis
Date
11-06-2021
Author
PACHECO DIAS CRISTINA SOFIA | SEGALL REBECCA SARAH FANNY | ZOPPÉ Alice
Policy area
Economics and Monetary Issues
Keyword coronavirus disease | distribution of EU funding | economic and social cohesion | economic recovery | epidemic | EU
financial instrument | EU Member State | European Semester | report | structural adjustment
Summary This note presents the main features of the Recovery and Resilience Facility relevant for scrutiny by the European
Parliament, namely its financing; the Recovery and Resilience Plans and the framework for their assessment; and EU
level governance of the RRF, in terms of both its implementation and monitoring and oversight . It also highlights the
changes the Facility is bringing to the European Semester.
In-Depth Analysis EN
First Recovery and Resilience Dialogue with the European Commission
Publication type In-Depth Analysis
Date 07-05-2021
Author ANGERER Jost | GOTTI GIULIA | GRIGAITE KRISTINA | KOMAZEC KATJA | LEHOFER WOLFGANG | PACHECO
DIAS CRISTINA SOFIA | SEGALL REBECCA SARAH FANNY | TURCU OVIDIU IONUT | ZOPPÉ Alice
Policy area Coronavirus | Economics and Monetary Issues
Keyword economic and social cohesion | economic recovery | eligibility criteria | EU budget | European Semester | gross
domestic product | impact study | investment | regulation (EU) | structural adjustment
Summary Vice-President Dombrovskis and Commissioner Gentiloni have been invited to the first Recovery and Resilience
Dialogue under the Recovery and Resilience Facility Regulation. This briefing addresses the following subjects: the
Recovery and Resilience Facility and its scrutiny; the framework for defining and assessing Recovery and Resilience
Plans and the procedures and timelines for their adoption; the financing of the Facility; data on the current economic
situation and some estimates on the impact of Facility. Five annexes present, respectively, a timeline of the Facility;
the state of play with national plans; economic data; the European Semester roadmap and survey data on involvement
of national parliaments in the Facility.
In-Depth Analysis EN
Country-Specific Recommendations for 2019 and 2020 - A tabular comparison and an overview of
implementation
Publication typeStudy
Date06-05-2021
AuthorANGERER Jost | GOTTI GIULIA | GRIGAITE KRISTINA | KOMAZEC KATJA
Policy areaCoronavirus | Economics and Monetary Issues
Keyword budget policy | coronavirus disease | economic consequence | economic recovery | epidemic | EU Member State |
European Semester | recommendation (EU) | stability pact | structural adjustment
Summary This document presents: • The 2019 Country-Specific Recommendations proposed by the European Commission on
5 June 2019 and adopted by the Council on 9 July 2019 and • The European Commission’s assessments of the
implementation of the 2018 Country-Specific Recommendations based on its Country Reports published on 27
February 2019. • The 2018 Country-Specific Recommendations proposed by the European Commission on 23 May
2018 and adopted by the Council on 13 July 2018
Study EN
08-06-2022 Source : © European Union, 2022 - EP 3Recovery and Resilience Facility
Publication type Briefing
Date 08-03-2021
Author KARABOYTCHEVA Miroslava Kostova
Policy area Adoption of Legislation by EP and Council | Coronavirus | Economics and Monetary Issues
Keyword coronavirus disease | economic and social cohesion | economic recovery | economic reform | epidemic | EU aid | EU
financial instrument | investment | proposal (EU) | structural adjustment
Summary In response to the coronavirus pandemic, on 28 May 2020 the Commission adopted a proposal for a regulation of the
European Parliament and of the Council establishing a Recovery and Resilience Facility (the Facility). The Facility will
provide €672.5 billion in loans and grants over the coming years to help mitigate the consequences of the pandemic
across the EU and to make EU economies more sustainable. The Facility will disburse funds based on the
achievement of a set of milestones and targets. The Parliament's Committees on Budgets and on Economic and
Monetary Affairs have been working jointly on the file, and adopted their report in November 2020. In December 2020,
the Parliament and the Council reached an agreement on the Facility in trilogue. The Parliament approved the agreed
text at first reading on 9 February 2021. The act was then formally adopted by the Council, and published in Official
Journal on 18 February 2021, entering into force the following day.
Briefing EN
Background Reader on the European Semester - Winter Edition 2021
Publication typeStudy
Date18-02-2021
Policy areaCoronavirus | Economics and Monetary Issues
Keyword coronavirus disease | economic recovery | employment policy | epidemic | European Semester | stability pact | stability
programme | structural adjustment
Summary This fifth edition of the background reader on the European Semester, prepared by the Economic Governance Support
Unit (EGOV) in the Directorate for Economic and Scientific Policies of the European Parliament, provides an overview
of publications related to the European Semester from a parliamentary perspective. It aims at further increasing the
links between Members of the European Parliament and national Parliaments, notably during inter-parliamentary
meetings.
Study EN
Establishing a Recovery and Resilience Facility
Publication type At a Glance
Date 04-02-2021
Author KARABOYTCHEVA Miroslava Kostova
Policy area Coronavirus | Economics and Monetary Issues
Keyword coronavirus disease | economic and social cohesion | economic recovery | economic reform | epidemic | EU aid | EU
financial instrument | proposal (EU) | structural adjustment
Summary On 28 May 2020, the European Commission proposed a new recovery instrument, Next Generation EU, and a modern
long-term EU budget. On 18 December 2020, Parliament and Council agreed on its biggest component, the Recovery
and Resilience Facility (RFF). Parliament is expected to vote on the RFF during the February plenary.
At a Glance EN
Research for TRAN Committee: Relaunching transport and tourism in the EU after COVID-19
Publication type Study
Date 01-02-2021
External author PANTEIA: Maria RODRIGUES, Tharsis TEOH, Carolina RAMOS, Thomas de WINTER, Ljubica KNEZEVIC
Università degli Studi Roma Tre: Edoardo MARCUCCI, Giacomo LOZZI, Valerio GATTA, Barbara ANTONUCCI,
Nicole CUTRUFO, Lidia MARONGIU
POLIS: Giacomo LOZZI, Ivo CRÉ
Policy area Coronavirus | Tourism | Transport
Keyword carriage of goods | carriage of passengers | coronavirus disease | economic consequence | economic recovery |
epidemic | EU aid | State aid | structural adjustment | tourism
Summary This briefing provides the European Parliament’s Committee on Transport and Tourism (TRAN) with an overview of the
repercussions of the COVID-19 pandemic on the EU transport and tourism sectors and policy recommendations to
address the challenges emerging from the crisis.
This overview briefing will be followed by 5 thematic briefings, focusing on specific issues relating to transport/tourism
and COVID-19.
Study EN
Executive summary EN
08-06-2022 Source : © European Union, 2022 - EP 4Implementation of the Stability and Growth Pact - March 2020
Publication type In-Depth Analysis
Date 03-03-2020
Author ANGERER Jost | SABOL MAJA
Policy area Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword budget deficit | budget policy | coordination of EMU policies | economic forecasting | EU Member State | euro area |
fiscal policy | gross domestic product | public debt | structural adjustment
Summary This document provides an overview of key developments under the preventive and corrective arms of the Stability
and Growth Pact on the basis of (1) the latest Council decisions and recommendations in the framework of the Stability
and Growth Pact; (2) the latest European Commission economic forecasts; and (3) the latest European Commission
opinions on the Draft Budgetary Plans of euro area Member States. This document is regularly updated.
In-Depth Analysis EN
Just transition in EU regions
Publication type
At a Glance
Date
28-01-2020
Author
WIDUTO Agnieszka
Policy area
Adoption of Legislation by EP and Council | Economics and Monetary Issues | Industry | Regional Development
Keywordeconomic and social cohesion | EU regional policy | European Investment Bank | European Region | fossil fuel | fund
(EU) | green economy | greenhouse gas | reduction of gas emissions | region-EU relationship | structural adjustment |
transition economy
Summary The EU plans to cut greenhouse gas emissions by at least 50 % by 2030, and to achieve climate neutrality by 2050.
This will require a socio-economic transformation in regions relying on fossil fuels and carbon-intensive industries. As
part of the European Green Deal, the new Commission has announced a 'Just Transition Mechanism' of €100 billion to
support the territories most affected by the transition towards climate neutrality.
At a Glance EN
Multimedia Just transition in EU regions
Commitments made at the hearing of Elisa FERREIRA, Commissioner-designate - Cohesion and
Reforms
Publication typeBriefing
Date22-11-2019
AuthorDIETZEN Stephan Klaus | KOŁODZIEJSKI Marek
Policy areaRegional Development
Keyword administrative formalities | appointment of members | climate change | economic and social cohesion | economic
convergence | European Commissioner | European Parliament | gender equality | oral question | peripheral region |
public hearing | structural adjustment
Summary The commissioner-designate, Elisa Ferreira, appeared before the European Parliament on 02 October 2019 to answer
questions put by MEPs from the Committee on Regional Development. During the hearing, she made a number of
commitments which are highlighted in this document. These commitments refer to her portfolio, as described in the
mission letter sent to her by Ursula von der Leyen, President-elect of the European Commission, including:
- Cohesion, reforms and a just transition.
Briefing EN
Economic Dialogue with the Other EU Institutions under the European Semester Cycles, January 2019
Publication typeBriefing
Date03-10-2019
AuthorHAGELSTAM Kajus
Policy areaEconomics and Monetary Issues | European Semester
Keyword budget deficit | coordination of EMU policies | Council of the European Union | Eurogroup (euro area) | European
Commission | European Parliament | interinstitutional cooperation (EU) | macroeconomics | national budget | regulation
(EU) | structural adjustment
Summary 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.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 5Reform Support Programme 2021-2027
Publication typeBriefing
Date13-03-2019
AuthorWIDUTO Agnieszka
Policy areaAdoption of Legislation by EP and Council | Economics and Monetary Issues
Keyword administrative reform | economic convergence | EP Committee | EU aid | EU financial instrument | EU Member State |
EU programme | institutional reform | non-participating country | proposal (EU) | structural adjustment
Summary The European Commission adopted the proposal on the establishment of the Reform Support Programme on 31 May
2018, as part of the package for the upcoming multiannual financial framework for 2021-2027. The programme will
provide financial and technical support for Member States to implement reforms aimed at increasing the resilience of
their economies and modernising them, including priority reforms identified in the European Semester. The overall
budget for the programme is €25 billion. It comprises three elements: a reform delivery tool (financial support); a
Technical Support Instrument (technical expertise, building on the current Structural Reform Support Programme
2017-2020); and a convergence facility (preparation for adopting the euro). The Reform Support Programme will be
open to all Member States on a voluntary basis, with no co-financing required. In the European Parliament, the
Committee on Economic and Monetary Affairs (ECON) and Committee on Budgets (BUDG) are working jointly on this
file under Rule 55 of Parliament's Rules of Procedure. A vote in the joint committee meeting is expected on 1 April
2019, with a vote in plenary thereafter, during the second April 2019 part-session. Second edition. The 'EU Legislation
in Progress' briefings are updated at key stages throughout the legislative procedure.
Briefing EN
Reform Support Programme
Publication type Briefing
Date 23-10-2018
Author KRAMER Esther
Policy area Economics and Monetary Issues | Regional Development
Keyword administrative reform | economic convergence | EU aid | EU financial instrument | EU Member State | EU programme |
impact study | institutional reform | non-participating country | proposal (EU) | structural adjustment
Summary Among the legislative proposals for the spending programmes of the MFF 2021-2027, the European Commission has
proposed to establish a Reform Support Programme for structural reforms. The IA accompanying the proposal
provides a good review of the baseline scenario, the problem to tackle and the objectives to achieve. However, it
concentrates on the expected positive effects of the programme, rather than assessing thoroughly the impacts of
alternative options against the baseline scenario like a standard IA. The presentation of the delivery mechanisms is
mostly qualitative, with a couple of quantified references that could have been better explained and substantiated. The
IA remains vague on the precise scope of the voluntary programme and several implementation details and implies
that its impacts depend to a large extent on the implementation by the Member States, which makes an ex-ante
assessment challenging.
Briefing EN
The Development of an Institutional Framework for the Implementation of the Association Agreements in
Georgia, Moldova and Ukraine: a comparative perspective
Publication type Study
Date 19-09-2018
External author Kataryna WOLCZUK, Professor of East European Politics, University of Birmingham and Associate Fellow, Russia and
Eurasia Programme, Chatham House, United Kingdom
Policy area Democracy | EU Democracy, Institutional and Parliamentary Law | EU Law: Legal System and Acts | Foreign Affairs |
International Trade | Transposition and Implementation of Law
Keyword association agreement (EU) | Community acquis | corruption | Georgia | independence of the judiciary | institutional
reform | judicial reform | Moldova | national parliament | political reform | political situation | powers of parliament |
structural adjustment | technical cooperation | Ukraine
Summary In recent years the EU concluded Association Agreements, including the creation of a Comprehensive Free Trade
Areas with Georgia, Moldova and Ukraine. These are amongst the most complex and comprehensive legal treaties
concluded by the EU with third countries. The treaties place a profound obligation on the partner countries of legal
approximation, that is, to undertake extensive, binding commitments to adopt vast swathes of the acquis in order to
stimulate political and economic development and institutional modernisation. This study shows that creating the
institutional framework for implementation is a challenging and drawn-out process. While all countries have made
some progress with devising these mechanisms, they are short of the necessary political leadership, policy planning,
administrative capacity and there is a dearth of budgetary planning to enable effective implementation. There is also a
notable need to embed implementation into wider reform strategies. While these issues are being addressed on the
part of the countries, the EU can assist them by providing the necessary systemic support in an integrated, sequenced
and long-term way.
Study EN
08-06-2022 Source : © European Union, 2022 - EP 6Structural Reform Support Programme: financial envelope and general objective
Publication type At a Glance
Date 05-09-2018
Author WIDUTO Agnieszka
Policy area Adoption of Legislation by EP and Council | Economics and Monetary Issues | Regional Development
Keyword administrative reform | EU financing | EU programme | structural adjustment
Summary The Structural Reform Support Programme for the period 2017 to 2020 has been running since May 2017. It provides
voluntary assistance to Member States for preparation and implementation of growth-sustaining administrative and
structural reforms. In light of the high take-up of the programme, the changes proposed by the Commission expand its
scope to cover support for euro membership preparations and increase its financial envelope from €142.8 million to
€222.8 million. The European Parliament is due to vote on the text agreed with Council during its September plenary
session.
At a Glance ES, DE, EN, FR, IT, PL
Greece’s financial assistance programme - June 2018
Publication type In-Depth Analysis
Date 22-06-2018
Author ANGERER Jost | CIUCCI MATTEO | HRADISKY Martin | MAGNUS Marcel | VALKAMA SIIRI AURORA | ZOPPÉ Alice
Policy area Economics and Monetary Issues | Financial and Banking Issues
Keyword capital market | economic recession | economic stabilisation | European Stability Mechanism | financial aid | Greece |
macro-financial assistance | public debt | structural adjustment
Summary 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.
In-Depth Analysis EN
Further macro-financial assistance to Ukraine
Publication type At a Glance
Date 06-06-2018
Author BENTZEN Naja
Policy area Foreign Affairs
Keyword corruption | Eastern Partnership | fight against crime | macro-financial assistance | structural adjustment | Ukraine
Summary The European Parliament is expected to vote in June 2018 on the Commission's proposal for further macro-financial
assistance (MFA) to Ukraine. Future disbursements of MFA will depend on the country's progress in the fight against
corruption, among other preconditions.
At a Glance ES, DE, EN, FR, IT, PL
A stable Egypt for a stable region: Socio-economic challenges and prospects
Publication typeStudy
Date19-01-2018
External author Adel ABDEL GHAFAR
Policy areaDevelopment and Humanitarian Aid | Employment | Energy | Environment | Foreign Affairs | Human Rights | Security
and Defence
Keyword adaptation to climate change | economic situation | Egypt | EU relations | illegal migration | labour market | political
rights | political situation | population growth | position of women | regional security | right to education | right to health |
structural adjustment | terrorism | water management | water resources | women's rights | youth unemployment
Summary Seven years after the 2011 uprising in Egypt, a combination of domestic challenges, together with instability in the
Middle East and North Africa region has stalled the country’s ongoing transition. Stability in Egypt is key for the region,
and the country’s international partners such as the EU have a clear interest in helping move the country towards
stability and prosperity. To that end, this study investigates the main challenges facing Egypt, focusing on social,
economic, political and environmental challenges. The study analyses the implications of these challenges for Egypt’s
stability in the coming decades. The study then examines the key drivers of EU-Egypt relations and provides a number
of policy recommendations on how the EU can support Egypt’s longer-term stability. The study argues that the EU’s
economic and security engagement with Egypt should not come at the expense of supporting democracy, human
rights and the rule of law. The study also argues that EU programmatic assistance to Egypt should focus on youth,
women, education, and entrepreneurship. Finally, the study also argues that the EU’s engagement is likely to be more
successful if EU member states are more unified in their approach towards Egypt.
Study EN
08-06-2022 Source : © European Union, 2022 - EP 7Rebuilding the Iraqi State: Stabilisation, Governance, and Reconciliation
Publication typeStudy
Date15-12-2017
AuthorJONGBERG Kirsten
External author Renad MANSOUR, Research Fellow, Chatham House, United Kingdom
Policy areaForeign Affairs | Human Rights | Security and Defence
Keyword corruption | electoral reform | forced migration | foreign policy | geopolitics | governance | Iran | Iraq | judicial reform |
Kurdistan question | political situation | public order | Saudi Arabia | state-building | structural adjustment | the EU's
international role | Turkey | United States
Summary The victory over the so-called Islamic State’s territorial rule presents a chance for the Government of Iraq to rebuild its
state institutions and re-assert its authority. In this transition, will the Iraqi leadership move past cycles of failure and
address the structural problems that perpetuate state weakness and facilitate the emergence of groups like ISIS? To
answer this question, this paper analyses the challenges of short-term stabilisation programming with longer-term
governance reform at the local and national levels. It argues that, without establishing representative and responsive
state institutions, the processes of reconciliation and integration will be unsuccessful. To conclude, this paper offers
policy recommendations on how the EU can support the upcoming state-rebuilding process.
Study EN
Trade and Economic relations between the EU and the GCC countries
Publication type Study
Date 06-12-2017
Author BOUYALA IMBERT Florence
External author Oliver CORNOCK, Managing Editor for the Middle East at the Oxford Business Group, UK.
Dr Jean-François SEZNEC, Professor for the Middle East and Gulf region at Georgetown and SAIS Universities in
Washington, US.
Policy area International Trade
Keyword common commercial policy | economic consequence | economic independence | economic situation | EU relations |
fiscal policy | foreign policy | GCC countries | geopolitics | industrial policy | Iran | product diversification | structural
adjustment | trade by group of countries
Summary The EU and the six member countries of the GCC have started negotiations for an FTA long ago, in 1990, suspended
since 2008. Meanwhile, GCC countries, suffering from the drop in oil price since mid-2014, have engaged in extremely
ambitious economic programmes for the diversification of their economies too dependent on hydrocarbons. Within the
institutional economic dialogue set between the EU and the GCC countries, the European parliament offered its
diplomacy to organise this conference in order to bring EU businesses closer to GCC institutional. Academic speakers,
EU and GCC institutional as much as EU experienced companies praised for partnership instead of competition. This
workshop opens the door to further initiatives of economic diplomacy by the European parliament.
Study EN
Economic Dialogue with the President of the Eurogroup - ECON on 7 December 2017
Publication type In-Depth Analysis
Date 05-12-2017
Author ANGERER Jost | CIUCCI MATTEO | HRADISKY Martin | LEHOFER WOLFGANG | MAGNUS Marcel | VEGA
BORDELL Javier María | ZOPPÉ Alice
Policy area Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword EU banking union | Eurogroup (euro area) | European Semester | European Stability Mechanism | macroeconomics |
public financing | structural adjustment
Summary 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.
In-Depth Analysis EN
How to further strengthen the European Semester?
Publication type At a Glance
Date 01-12-2017
Author HRADISKY Martin | ZOPPÉ Alice
Policy area Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword economic convergence | economic governance (EU) | economic situation | EU Member State | euro area | European
Semester | structural adjustment
Summary This note provides a summary of two external papers requested by the ECON Committee in advance of an Economic
Dialogue with the President of the Eurogroup Jeroen Dijsselbloem of 7 December 2017. The main objective of these
papers was to assess achievements under the European Semester and suggest possible way forward for its
improvement.
At a Glance EN
08-06-2022 Source : © European Union, 2022 - EP 8Greece's financial assistance programme (September 2017)
Publication type In-Depth Analysis
Date 04-10-2017
Author ANGERER Jost | CIUCCI MATTEO | DUVILLET-MARGERIT ALIENOR ANNE CLAIRE | HRADISKY Martin | VEGA
BORDELL Javier María | ZOPPÉ Alice
Policy area Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword capital market | economic recession | economic stabilisation | European Stability Mechanism | financial aid | Greece |
public debt | structural adjustment
Summary This briefing provides an overview of the economic situation in Greece and the main elements of the third financial
assistance programme. This briefing is regularly updated (this version replaces the version published on 22 June
2017).
In-Depth Analysis EN
The Berlin Process and the Trieste summit 2017
Publication type At a Glance
Date 11-07-2017
Author LILYANOVA Velina
Policy area Foreign Affairs
Keyword civil society | economic integration | energy policy | enlargement of the Union | international agreement | settlement of
disputes | structural adjustment | summit meeting | transport network | Western Balkans | youth policy
Summary On 12 July 2017, Italy will host the fourth Western Balkan summit of the Berlin Process in Trieste, a city that
symbolically links the EU and the Western Balkans. Several EU Member States and the region's six countries will
review current progress and discuss a broad agenda in an attempt to go further with regional cooperation, increase
coherence and deepen economic integration.
At a Glance EN
Macro-financial assistance to Moldova
Publication type At a Glance
Date 27-06-2017
Author BENTZEN Naja
Policy area Foreign Affairs | International Trade
Keyword association agreement (EU) | economic situation | macro-financial assistance | Moldova | political situation | rule of law
| structural adjustment
Summary Amid persistent political and economic turmoil in Moldova, the European Parliament is expected to vote in July on the
Commission's proposal for macro-financial assistance to the country, which aims to ease the immediate pressure on
Moldova's public finances and stabilise its economy.
At a Glance ES, DE, EN, FR, IT, PL
Structural reform support programme 2017-2020
Publication type Briefing
Date 16-06-2017
Author WIDUTO Agnieszka
Policy area Adoption of Legislation by EP and Council | Economics and Monetary Issues | Regional Development
Keyword corporate social responsibility | distribution of EU funding | economic convergence | economic reform | EU aid | EU
programme | European Semester | fund (EU) | political reform | recommendation | structural adjustment | technical
cooperation
Summary Structural reforms have been identified as crucial to accelerating economic recovery, boosting growth and reducing
unemployment. In November 2015, the European Commission proposed to establish the Structural Reform Support
Programme 2017-2020, to provide Member States with technical assistance in designing and implementing structural
reforms. The proposed budget is €142.8 million, to be taken from existing technical assistance resources under the
European Structural and Investment Funds. Building on experience relating to reforms in Greece and Cyprus, the
programme aims to improve administrative and institutional capacity, to facilitate better implementation of EU law, in
particular the country-specific recommendations issued under the European Semester, more efficient use of EU funds
and the introduction of growth-enhancing structural reforms. Agreement was reached in interinstitutional negotiations in
February 2017, and the EP plenary vote took place in April. The adopted regulation (EU) 2017/825 was signed on 17
May and published in the Official Journal on 19 May 2017. Fourth edition. The ‘EU Legislation in Progress’ briefings
are updated at key stages throughout the legislative procedure.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 9Economic Dialogue with the European Commission on the European Semester Spring 2017 Package -
ECON and EMPL on 30 May 2017
Publication type In-Depth Analysis
Date 29-05-2017
Author ANGERER Jost | CIUCCI MATTEO | HRADISKY Martin | VEGA BORDELL Javier María | ZOPPÉ Alice
Policy area Economics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword economic stabilisation | EU Member State | EU statistics | European Commission | European Monetary System |
European Semester | macroeconomics | structural adjustment
Summary Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic
Dialogue in line with the relevant EU law on the European Semester Spring 2017package. This briefing note covers
the draft 2017 CSRs, the implementation of CSRs over the period 2012-2016 and recent decisions related to the
implementation of the Stability and Growth Pact and the Macro-economic Imbalance Procedure.
In-Depth Analysis EN
Cohesion policy: Outlook for technical assistance
Publication type At a Glance
Date 10-05-2017
Author MARGARAS Vasileios
Policy area Regional Development
Keyword administrative cooperation | administrative reform | economic and social cohesion | EU financing arrangements |
European Commission | European Structural and Investment Funds | institutional reform | regional and local authorities
| structural adjustment | technical cooperation | use of aid
Summary Technical Assistance (TA) can be a valuable tool when it comes to supporting the planning and execution of EU funds.
It can, among other things, strengthen institutions and boost administrative capacity for effective EU fund
management. A report appearing on the European Parliament's May plenary agenda makes various suggestions with
a view to making technical assistance more efficient.
At a Glance ES, DE, EN, FR, IT, PL
Structural reform support programme 2017-2020
Publication type At a Glance
Date 21-04-2017
Author WIDUTO Agnieszka
Policy area Economics and Monetary Issues | Regional Development
Keyword administrative reform | coordination of EMU policies | economic and social cohesion | economic governance (EU) | EU
financing arrangements | European Structural and Investment Funds | institutional reform | structural adjustment
Summary The European Parliament is due to vote on the Commission proposal for a structural reform support programme
offering Member States technical help in designing and implementing growth-enhancing structural reforms. The
proposed budget of €142.8 million is to be redirected from the technical assistance resources available under the
European Structural and Investment Funds.
At a Glance EN
Understanding the macroeconomic imbalance procedure: Origin, rationale and aims
Publication type Briefing
Date 20-04-2017
Author SCHEINERT CHRISTIAN
Policy area Economics and Monetary Issues | Financial and Banking Issues
Keyword economic governance (EU) | financial supervision | macroeconomics | monetary crisis | multilateral surveillance | public
debt | stability pact | structural adjustment
Summary Both the global financial crisis and the European sovereign debt crisis uncovered a high level of macroeconomic
imbalances, which constituted major economic fault-lines, and led to the spread and acceleration of these crises.
Imbalances had built up over years, sometimes decades, and correcting them proved to be a long and painful process.
The main source of imbalance was the consequences of an unprecedented expansion in demand, fuelled by large
credit inflows into the euro-area periphery. This created major problems when the EU, already bending under the
financial crisis that originated in the USA, saw its own financial markets lose confidence. The financial flows from
Europe's economic core to the periphery reversed, leaving the periphery vulnerable, and creating repercussions
throughout Europe and beyond. In parallel to coping with the immediate problems, lawmakers took steps to avoid a re-
occurrence of such events. The EU's economic governance framework, which had proven inadequate, underwent a
major overhaul, with the addition of a macroeconomic imbalance procedure (MIP) being the most important part. The
aim of the MIP is to identify and correct imbalances as early as possible in order to avoid deeper problems at a later
stage, thus supplementing the Stability and Growth Pact (SGP). A framework was created in which each individual
Member State, especially those part of the euro area, is thoroughly screened for macroeconomic imbalances, and
preventive as well as corrective action is taken whenever necessary.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 10Workshop on EU-Turkmenistan Relations
Publication type In-Depth Analysis
Date 27-03-2017
External author Sébastien Peyrouse and Luca Ancheschi
Policy area Democracy | Development and Humanitarian Aid | Foreign Affairs | Human Rights
Keyword economic cooperation | economic recession | economic situation | EU relations | export policy | government violence |
human rights | national minority | natural gas | political rights | rule of law | structural adjustment | Turkmenistan
Summary EU-Turkmenistan relations are in a position to be redefined by the proposed EU-Turkmenistan Partnership and
Cooperation Agreement, which will require the consent of the European Parliament (and of the national parliaments of
the EU member states). This workshop served as a debate platform with the intention of clarifying the understanding of
the current political and societal dynamics in Turkmenistan. Such an agreement should represent a basis to enforce
better standards of human rights, rule of law, and democracy in Turkmenistan, as well as for more intensive economic
cooperation between the EU and Turkmenistan, which currently faces an economic crisis. The two concepts are
apparently complementary but deciding which one constituted the more useful approach for engagement was the
central point that structured the discussion. Regardless of the angle from which they approached the issue, however, a
majority of participants in the workshop debate expressed support for adoption of the treaty, while some NGO
representatives took a more cautious view.
In-Depth Analysis EN
Greece's financial assistance programme (March 2017)
Publication type In-Depth Analysis
Date 10-03-2017
Author ANGERER Jost | CIUCCI MATTEO | HRADISKY Martin | VEGA BORDELL Javier María | ZOPPÉ Alice
Policy area Economics and Monetary Issues
Keyword bank | banking system | financial aid | financial solvency | financial stability | Greece | national statistics | public debt |
structural adjustment | terms for aid
Summary This briefing gives an overview of the economic situation in Greece and the main elements of the third financial
assistance programme. This briefing is regularly updated (this version replaces the version published on 29 September
2016).
In-Depth Analysis EN
Country Specific Recommendations for 2015 and 2016 - A Comparison and an Overview of
Implementation
Publication typeStudy
Date28-02-2017
AuthorHRADISKY Martin
Policy areaEconomics and Monetary Issues | European Semester
Keyword coordination of EMU policies | economic disparity | EU Member State | euro area | European Council | fiscal policy |
labour market | macroeconomics | structural adjustment
Summary This document prepared by the Economic Governance Support Unit presents Country Specific Recommendations
(CSRs) for 2015 and draft CSRs for 2016 as well as an assessment of implementation of CSRs for 2015.
Study EN
The European Fund for Strategic Investments as a New Type of Budgetary Instrument
Publication type In-Depth Analysis
Date 18-01-2017
External author Dr David Rinaldi, Dr Jorge Núñez Ferrer, Mr Arndt Hassel, Ms Eleanor Drabik, Centre for European Policy Studies
(CEPS)
Policy area Budget | Budgetary Control | Economics and Monetary Issues | Evaluation of Law and Policy in Practice |
Transposition and Implementation of Law
Keyword budget policy | coordination of financing | distribution of EU funding | EU investment | general budget (EU) | investment
promotion | investment protection | principle of additionality | risk management | stability pact | structural adjustment |
transparency in decision-making
Summary This paper provides an overview of the European Fund for Strategic Investments (EFSI) as a budgetary instrument. A
preliminary analysis of the quantitative impact of the first year and a half of activity is complemented by an outline of
the corollary policies that can determine the success of EFSI.
In-Depth Analysis EN
08-06-2022 Source : © European Union, 2022 - EP 11Structural reform support programme 2017-2020
Publication typeBriefing
Date27-10-2016
AuthorWIDUTO Agnieszka
Policy areaAdoption of Legislation by EP and Council | Economics and Monetary Issues | Regional Development
Keyword distribution of EU funding | economic convergence | economic reform | EU Member State | EU programme | European
Semester | fund (EU) | legislative drafting | national parliament | ordinary legislative procedure | structural adjustment
Summary Structural reforms have been identified as crucial to accelerating economic recovery, boosting growth and reducing
unemployment. In November 2015, the European Commission proposed to establish the Structural Reform Support
Programme 2017-2020, to provide Member States with technical assistance in designing and implementing structural
reforms. The proposed budget is €142.8 million, to be taken from existing technical assistance resources under the
structural and investment funds. Building on experience relating to reforms in Greece and Cyprus, the programme
aims to improve administrative and institutional capacity, to facilitate better implementation of EU law, in particular the
country-specific recommendations issued under the European Semester, more efficient use of EU funds and the
introduction of growth-enhancing structural reforms. The Council prepared its negotiating stance in April 2016, while
the EP's Committee on Regional Development is to vote on its rapporteurs’ draft report in November 2016. A more
recent edition of this document is available. Find it by searching by the document title at this address:
http://www.europarl.europa.eu/thinktank/en/home.html
Briefing EN
How families have coped with the financial crisis
Publication typeBriefing
Date14-10-2016
AuthorLECERF Marie
Policy areaEmployment | Social Policy
Keyword anti-crisis plan | child | economic conditions | economic reform | employment policy | EU Member State | EU statistics |
family | financial aid | single parent | social analysis | structural adjustment
Summary Families in the European Union (EU) were hit hard by the financial and economic crisis of 2008, which, together with
its after-effects, also triggered a social crisis. If measureable changes in family patterns and the breakdown of families
may not be immediately observable and directly related to the downturn, the knock-on effects of the economic and
financial crisis on families are far more apparent. Throughout the EU, single-parent families (16 % of all families) are
exposed to the highest risk of poverty or social exclusion. Single-parent families are predominantly composed of single
mothers, who face a higher poverty risk than single fathers. The adverse impact of the economic crisis on families
placed children at greater risk of poverty or social exclusion than the rest of the population in 23 of the 28 EU Member
States in 2014. In the same year, there were 27.4 million children under the age of 18 living at risk of poverty or social
exclusion in the EU. Two drivers have played a growing part in the rise of families' difficulties in the EU since the onset
of the recession: a cyclical one – the economic crisis and the strain it put on family-supportive policies – and a
structural one – the reinforcement of the phenomenon of inherited poverty. Therefore, even if family policies fall within
the responsibility of the Member States, the condition of families has become a policy concern for European
institutions.
Briefing EN
Implementation of the 2015 Country Specific Recommendations
Publication type At a Glance
Date 21-09-2016
Author HRADISKY Martin
Policy area Economics and Monetary Issues | European Semester
Keyword budget policy | coordination of EMU policies | EU Member State | euro area | structural adjustment
Summary This briefing prepared by the Economic Governance Support Unit provides an overview of the implementation of the
2015 Country Specific Recommendations.
At a Glance EN
Public expectations and EU policies - Economic policy
Publication typeBriefing
Date30-06-2016
AuthorDOBREVA Alina | SAPALA Magdalena | SCHEINERT CHRISTIAN
Policy areaEconomics and Monetary Issues
Keyword budget policy | competitiveness | coordination of EMU policies | economic governance (EU) | EU budget | EU
competence | EU financing | European Stability Mechanism | opinion poll | structural adjustment
Summary The EU’s economic policy is mainly geared towards coordinating national economic policies, with much attention given
to macroeconomic imbalances, as well as managing the fiscal safeguards provided by the Stability and Growth Pact.
However, compliance by Member States with the existing framework is weak. At the same time monetary policy is an
exclusive EU competence for the euro area.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 12Country Specific Recommendations for 2016 - A Comparison of Commission and Council
Recommendations (The ‘Comply or Explain’ Principle)
Publication typeStudy
Date29-06-2016
AuthorCIUCCI MATTEO | HRADISKY Martin
Policy areaEconomics and Monetary Issues | European Semester | Financial and Banking Issues
Keyword comparative study | coordination of EMU policies | Ecofin | economic governance (EU) | EU Member State | euro area |
European Commission | European Council | structural adjustment
Summary The table in this document prepared by the Economic Governance Support Unit compares the draft 2016 Country
Specific Recommendations (CSRs) proposed by the Commission on 18 May 2016 with the 2016 CSRs approved by
the Council (ECOFIN) on 17 June 2016. These CSRs were generally endorsed by the European Council on 28-29
June 2016 and are to be formally adopted on 12 July 2016 by the Council (ECOFIN).
Study EN
Overview of EMU
Publication type In-Depth Analysis
Date 15-06-2016
Author PATERNOSTER Dario | ZOPPÉ Alice
Policy area Adoption of Legislation by EP and Council | Economics and Monetary Issues | EU Democracy, Institutional and
Parliamentary Law | Internal Market and Customs Union
Keyword bank | banking system | budget policy | capital market | competitiveness | coordination of EMU policies | economic
consequence | economic convergence | economic governance (EU) | economic recession | European Stability
Mechanism | financial solvency | financial stability | single monetary policy | structural adjustment | wage cost
Summary This note focusses on selected policy issues as outlined in the Five Presidents’ Report and which are relevant for
parliamentary work. The note provides an overview of the main steps undertaken and of the proposals planned to
make EMU more resilient to shocks by addressing the policy and governance challenges unveiled by the financial
crisis. These include: i) labour and product market reforms to rise long-term productivity and growth; ii) financial
integration (Banking Union) to improve market confidence in banks, stabilize financial markets, eliminate fragmentation
and cut the sovereign-bank negative feedback; iii) plans for a Capital Market Union to enhance market-based financing
to the economy, diversify the sources of financing, thereby spreading the impact and risks of financial shocks; iv) plans
for a Fiscal Union or fiscal capacity as a macroeconomic stabilization tool against income shocks. Fiscal union is
politically challenging as it involves ceding even more sovereignty from national levels to the euro-area level and is,
therefore, strongly connected with political integration (Political Union). The note is complementary to the document
“Institutions and Bodies in the Economic and Monetary Union”, which provides an overview of the governance
framework of EMU.
In-Depth Analysis EN
Economic Dialogue and Exchange of Views with the President of the Council (ECOFIN)
Publication type Briefing
Date 10-06-2016
Author ANGERER Jost | DUVILLET-MARGERIT ALIENOR ANNE CLAIRE | HAGELSTAM Kajus | HRADISKY Martin |
ZOPPÉ Alice
Policy area Economics and Monetary Issues | European Semester
Keyword banking | Ecofin | economic disparity | EU Member State | fiscal policy | macroeconomics | multilateral surveillance |
public debt | stability pact | stability programme | structural adjustment
Summary Mr Jeroen Dijsselbloem Minister of Finance of the Netherlands, is participating in the ECON meeting in his capacity as
the current President of the ECOFIN Council during the Dutch Presidency (January - June 2016). This exchange of
views will also cover an Economic Dialogue on the implementation of the 2016 European Semester Cycle. 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 cover the implementation of the Stability and Growth Pact, the
Macro-economic Imbalance Procedure, the Country Specific Recommendations and the latest developments in
completing the Banking Union.
Briefing EN
08-06-2022 Source : © European Union, 2022 - EP 13You can also read
