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This note provides an overview of competitiveness developments as measured by the Real Effective Exchange Rate.

The document compares the draft 2017 Country Specific Recommendations (CSRs) proposed by the Commission on 22 May 2017 with the 2017 CSRs agreed on the Council Committee level (documents dated 12 June 2017) and submitted to the Council (ECOFIN) for approval on 16 June 2017. These CSRs are to be generally endorsed by the European Council on 22 23 June 2017 and formally adopted by the Council (ECOFIN) on 11 July 2017.

This paper lays out the different institutional frameworks that govern fiscal policy in the United States and the European Union. It details the resulting differences in fiscal activity through a comparison of the revenues, expenditures, and fiscal balances that we observe at the central and state level in both jurisdictions. The paper tries to provide a factual ‘snap shot’ of these fiscal frameworks in order to distinguish the characteristics of these two institutionally very different economic ...

The purpose of this document is to show the differences between some key indica¬tors of the 2017 Stability Programmes (SP) and the spring 2017 forecast of the European Commission (EC). In accordance with Article 4 of Council Directive 2011/85/EU, the budgetary planning of the Member States “shall be based on the most likely macrofiscal scenario or on a more prudent scenario. (…). Significant differences between the chosen macrofiscal scenario and the (most recent) Commission’s forecast shall be des ...

Economic Dialogue with Croatia

Análise aprofundada 22-03-2017

This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an Economic Dialogue with Zdravko Maric, Croatia’s Minister for Finance, in the ECON committee of the European Parliament. The invitation for a dialogue is in accordance with the EU economic governance framework.