Implementation of the 2018 Country-Specific Recommendations

Lyhyesti 20-03-2019

Country-Specific Recommendations (CSRs) provide guidance to EU Member States on macro-economic, budgetary and structural policies in accordance with Articles 121 and 148 of the Treaty on the Functioning of the European Union (TFEU). These recommendations, issued within the framework of the European Semester since 2011, are aimed at boosting economic growth and job creation, while maintaining sound public finances and preventing excessive macroeconomic imbalances. After being endorsed by the European Council and formally adopted by the ECOFIN Council, CSRs are to be taken into account by Member States in the process of national decision making. The Commission also proposes policy recommendations to the euro area based on Article 136 of the TFEU. The Council and the Commission closely monitor the implementation of CSRs and take further actions as appropriate.