A joint EC/ECB/IMF mission met with the Portuguese authorities in Lisbon between 16 September and 3 October to assess compliance with the terms and conditions set out in Memorandum of Understanding as updated following the Seventh Review of the Portuguese Economic Adjustment Programme. The objec...
Following the invitation contained in the October 2009 Council Conclusions, 21 EU Member States included in their respective 2009-2010 Stability and Convergence Programmes (SCPs) information related to the reform of domestic fiscal frameworks. However, detailed information on the scope of these ...
After four years of deteriorating labour market outcomes, the first signs of stabilisation in EU unemployment are becoming manifest against the background of GDP growth turning positive, improving sentiment, and recent reforms. Major labour market disparities persist across the EU and the euro a...
This note provides an overview of the 2014 updates of stability and convergence programmes (SCPs) submitted by the Member States. The note aims at offering a global, aggregated view of fiscal policy plans in the Union and the euro area as a whole. In its conclusions of 18 February 2014, the Coun...
This note provides an overview of the 2013 Stability and Convergence Programmes (SCPs) in the context of the European Semester. Its focus is on the Member States' fiscal consolidation plans over 2012-2016. It serves as background for the examination of the SCPs against the requirements of the St...
On 14 February 2012, the European Commission presented its first Alert Mechanism Report (AMR) in accordance with the Regulation (EU) No. 1176/2011 on the prevention and correction of macroeconomic imbalances. The AMR serves as an initial screening device to identify Member States that warrant fu...
In this Occasional Paper the Directorate General for Economic and Financial Affairs publishes its overview and assessments of the 2011 Economic and Fiscal Programmes (EFP) of the potential candidate countries (Albania, Bosnia and Herzegovina and Serbia). In 2001 a regular economic fiscal surveil...