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This note looks at the 2024 recommendation on the economic policies of the euro area proposed by the Commission and agreed by the Council. The note provides a review of the euro area recommendations from an institutional perspective and includes broad comparisons to earlier recommendations, in order to illustrate how policy concerns have evolved over time. This note will be updated in light of relevant developments.

This note provides an overview of the implementation of the 2023 Recommendation on the economic policy of the euro area proposed by the Commission and agreed by the Council. It makes use of public information and proxies such as on how the Eurogroup has integrated euro area recommendations’ concerns in their “thematic discussions” and work programmes. This note will be updated in light of relevant developments.

This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent committee(s) of the European Parliament since September 2019 under the European Semester for economic policy coordination. It also lists the Recovery and Resilience Dialogues with the European Commission as undertaken by the competent committee(s) since the entry of force of the Recovery and Resilience Facility in 2021. It also includes an overview of the ...

Il-qafas tal-UE għall-politiki fiskali

Skedi Informattivi dwar l-UE 14-12-2023

Sabiex tiġi żgurata l-istabbiltà tal-Unjoni Ekonomika u Monetarja, il-qafas jeħtieġ ikun wieħed sod biex kemm jista’ jkun jiġu evitati finanzi pubbliċi insostenibbli. Fi tmiem l-2011 daħlet fis-seħħ riforma (parti mis-“Six Pack”) li temenda l-Patt ta’ Stabbiltà u Tkabbir (PST). Riforma oħra f’dan il-qasam ta’ politika, it-Trattat intergovernattiv dwar l-Istabbiltà, il-Koordinazzjoni u l-Governanza fl-Unjoni Ekonomika u Monetarja (TSKG), inkluż il-Patt Fiskali, daħlet fis-seħħ fil-bidu tal-2013. Barra ...

L-istorja tal-Unjoni Ekonomika u Monetarja

Skedi Informattivi dwar l-UE 14-12-2023

L-unjoni ekonomika u monetarja (UEM) hija r-riżultat ta’ integrazzjoni ekonomika fl-UE. Fiż-żona tal-euro, li attwalment tinkludi 20 Stat Membru tal-Unjoni, ġiet introdotta munita komuni, l-euro. L-Istati Membri kollha tal-UE – minbarra d-Danimarka – jeħtiġilhom jadottaw l-euro ladarba jissodisfaw il-kriterji ta’ konverġenza. Politika monetarja unika hija stabbilita mill-Eurosistema, li tinkludi l-Bord Eżekuttiv tal-Bank Ċentrali Ewropew u l-gvernaturi tal-banek ċentrali taż-żona tal-euro.

Il-governanza ekonomika

Skedi Informattivi dwar l-UE 05-12-2023

Il-governanza ekonomika tirreferi għas-sistema ta’ istituzzjonijiet u proċeduri stabbilita biex jintlaħqu l-objettivi tal-UE fil-qasam ekonomiku, jiġifieri l-koordinazzjoni tal-politiki ekonomiċi għall-promozzjoni tal-progress ekonomiku u soċjali għall-UE u għaċ-ċittadini tagħha. Il-kriżi finanzjarja, fiskali u ekonomika li bdiet fl-2008 wriet li l-UE kellha bżonn mudell ta’ governanza ekonomika aktar effikaċi mill-koordinazzjoni ekonomika u fiskali fis-seħħ sa dak iż-żmien. L-iżviluppi fil-qasam ...

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, examines the fiscal responses of the EU to the Covid-19 pandemic and the war in Ukraine. It claims that the law & policy tools developed to address these crises have led to the establishment, and consolidation, of an EU fiscal capacity – contributing to overcoming the original imbalance of the EU’s Economic & Monetary Union. Nevertheless, the ...

Although the US Inflation Reduction Act (IRA) pursues a range of aims, the two main ones are the lowering of inflation by removing purchasing power from the US economy, and to provide the United State's contribution to fighting climate change. Unlike similar EU measures, most of its climate support is done via tax subsidies. Although hailed in the EU for heralding a new era in US climate policy, the IRA is being criticised for its outright 'Buy American' provisions. Amongst others, it is feared that ...

This table provides a regular update on Member States invited for an Economic Dialogue in the competent Committee of the European Parliament and an overview of the respective legal base.

This note gives a short overview of the main steps in the framework of euro area Member States’ budgetary policy coordination and surveillance during the autumn cycle of the European Semester. This enhanced monitoring and surveillance of euro area Member States’ budgetary policies is done in accordance with EU law. It aims to identify and correct at an early stage during the Semester cycle any risks of deviation from fiscal policy recommendations agreed by the Member States, ultimately by asking ...