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Home2025 Economic Reform Programmes of Albania, Bosnia and Herzegovina, Kosovo, Moldova, Montenegro, North Macedonia, Serbia and Türkiye
The Commission’s overview & country assessments
Latest edition.
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Economic governance is a key aspect of the EU enlargement process, mirroring efforts in the EU to strengthen economic policy coordination and multilateral surveillance under the European Semester. The Annual Economic and Financial Dialogue with Regional Partners aims to prepare these (potential) candidates for EU membership for their future participation in the multilateral surveillance in place for EU Member States, also by strengthening their institutional and analytical capacities. The dialogue is based on the partners’ medium-term Economic Reform Programmes (ERPs), submitted annually, and the assessments prepared by the Commission and the European Central Bank. Every year since 2015, the dialogue’s participants have jointly adopted conclusions with targeted policy guidance for all partners, similar to country-specific recommendations under the European Semester for EU Member States. The policy guidance aims to strengthen macroeconomic stability, boost the partners’ growth prospects and promote their progress towards meeting the economic accession criteria. To avoid duplications and overlaps with the Reform Agendas, the 2025 policy guidance for the Western Balkan partners and Moldova focuses on macro-fiscal, monetary and financial matters. In contrast, the policy recommendations for Türkiye also cover structural reforms. This paper contains the Commission staff’s assessments of the ERPs for 2025-2027, preceded by a horizontal overview summarising the key findings from a cross-country perspective and taking stock of the implementation of the country-specific policy guidance adopted in the previous year. The paper also includes this year’s policy recommendations. The cut-off date for the assessments was 11 April 2025.
- Published:
- Corporate author(s): Directorate-General for Economic and Financial Affairs (European Commission)
- Themes: Economy — Finance
- Subject: Albania , Bosnia and Herzegovina , economic analysis , economic development , economic governance (EU) , economic policy , economic reform , economic situation , enlargement of the Union , fiscal policy , Kosovo , macroeconomics , Montenegro , North Macedonia , report , Serbia , Türkiye
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| ISSN 2443-8014 | ISBN 978-92-68-27413-2 | DOI 10.2765/7660998 | Catalogue number KC-01-25-045-EN-N |
- Released on EU publications website:
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