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Mr Pierre GRAMEGNA, Minister for Finance of Luxemburg is participating in the ECON meeting in his capacity as the incoming President of the ECOFIN Council during the Luxembourg Presidency (July-December 2015). This exchange of views will also cover an Economic Dialogue on the implementation of the European Semester Cycle, including the adoption of the 2015 Country Specific Recommendations.

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue in line with the relevant EU law on the draft Country Specific Recommendations, as adopted by the Commission on 13 May 2015 based on the so-called streamlined European Semester.

The attached table compares the draft 2015 CSRs proposed by the Commission on 13 May 2015 with the CSRs approved by the Council (ECOFIN) on 19 June 2015. The draft CSRs will be endorsed by the European Council on 25-26 June 2015 and formally adopted on 14 July 2015 by the Council (ECOFIN).