What do we know about the BICC today?

29-11-2019

The budgetary instrument for convergence and competitiveness is part of the Eurogroup December 2018 “comprehensive plan to strengthen the Euro’’. This note presents its main features as available in the public domain and discusses the steps leading to the Eurogroup October 2019 agreement, addressing namely its connection with the European Semester and the more general framework of economic policy coordination. This note will be updated on the basis of further available information.

The budgetary instrument for convergence and competitiveness is part of the Eurogroup December 2018 “comprehensive plan to strengthen the Euro’’. This note presents its main features as available in the public domain and discusses the steps leading to the Eurogroup October 2019 agreement, addressing namely its connection with the European Semester and the more general framework of economic policy coordination. This note will be updated on the basis of further available information.