This Occasional Paper gathers country fiches from Commission services describing and analysing fiscal frameworks of EU Member States in the context of the 2011 EPC peer review....
This paper reports on the joint fourth EU-IMF review of policy conditionality under the financial assistance programme to Ireland (updated programme documents are presented in an annex). Ireland's 2011 growth forecast has been revised upward, thanks to a stronger-than-expected performance in the...
Romania is experiencing macroeconomic imbalances, which require policy action and monitoring. In the three consecutive EU-IMF programmes, external and internal imbalances have been significantly reduced. However, risks from the relatively large negative net international investment position and ...
In this Occasional Paper the Directorate General for Economic and Financial Affairs brings together into a single document the economic chapters of the 2007 Progress Reports on progress made towards meeting the accession criteria of each candidate1 and potential2 candidate country. The European ...
The government wage bill represents a significant share of total public expenditures. Given its relevance, developments of government wages are likely to produce significant effects on the whole labour market, public finances and the overall economy. This paper looks at the interlinkages and int...
In this Occasional Paper the Directorate-General for Economic and Financial Affairs brings together into a single document the economic chapters of the 2010 European Commission's Progress Reports and Opinions for candidate and potential candidate countries for EU accession. The Commission prepar...
Ireland experienced strong growth from the early 1990s, after decades of poor economic performance. Initial success was attributable to sensible fiscal policies, an export-oriented industrial policy and the benefits of closer European economic integration and broader globalisation in a context o...
The report assesses compliance with the terms and conditions set out in the updated MoU. The MoU was updated following the fourth review mission and was agreed between the Cypriot authorities and the programme partners, i.e. the European Commission (EC), the European Central Bank (ECB), and the ...
Spain is experiencing macroeconomic imbalances, which require decisive policy action and specific monitoring. Spain exited the financial assistance programme for the recapitalisation of financial institutions in 2014 and is currently subject to post-programme surveillance and European Semester s...