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Country-specific recommendations: An overview - September 2020

22-09-2020

This note provides an overview of the country-specific recommendations issued annually to EU Member States under the European Semester for economic policy coordination. It presents how these recommendations evolved over time (2012-2020), including from the legal base perspective. Finally, it gives insights on the level of implementation of recommendations issued under the 2012-2019 European Semester cycles. The note is updated on a regular basis.

This note provides an overview of the country-specific recommendations issued annually to EU Member States under the European Semester for economic policy coordination. It presents how these recommendations evolved over time (2012-2020), including from the legal base perspective. Finally, it gives insights on the level of implementation of recommendations issued under the 2012-2019 European Semester cycles. The note is updated on a regular basis.

Implementation of Country Specific Recommendations under the MIP - July 2020

02-07-2020

This note provides an overview of the implementation rate of Country-Specific Recommendations (CSRs) issued under the Macroeconomic Imbalance Procedure (see a separate EGOV note for details on the MIP procedure). Figures presented in this overview refer only to Member States experiencing macroeconomic imbalances and are based on the implementation assessments performed by the Commission in its annual Country Reports.

This note provides an overview of the implementation rate of Country-Specific Recommendations (CSRs) issued under the Macroeconomic Imbalance Procedure (see a separate EGOV note for details on the MIP procedure). Figures presented in this overview refer only to Member States experiencing macroeconomic imbalances and are based on the implementation assessments performed by the Commission in its annual Country Reports.

Introduction to the European Semester: Coordinating and monitoring economic and fiscal policies in the EU

11-12-2019

The European Semester is a framework for the coordination of economic policies across the European Union that was established after the European sovereign debt crisis. This paper aims to provide a simple but comprehensive introduction, explaining the main steps of the Semester from November to July each year. It also provides a short review of the academic and institutional debates around the Semester, before closing with the priorities in the relevant areas identified by the new European Commission ...

The European Semester is a framework for the coordination of economic policies across the European Union that was established after the European sovereign debt crisis. This paper aims to provide a simple but comprehensive introduction, explaining the main steps of the Semester from November to July each year. It also provides a short review of the academic and institutional debates around the Semester, before closing with the priorities in the relevant areas identified by the new European Commission President, Ursula von der Leyen.

Hearings of the Commissioners-designate: Elisa Ferreira - Cohesion and Reforms

26-09-2019

This briefing is one in a set looking at the Commissioners-designate and their portfolios as put forward by Commission President-elect Ursula von der Leyen. Each candidate faces a three-hour public hearing, organised by one or more parliamentary committees. After that process, those committees will judge the candidates' suitability for the role based on 'their general competence, European commitment and personal independence', as well as their 'knowledge of their prospective portfolio and their communication ...

This briefing is one in a set looking at the Commissioners-designate and their portfolios as put forward by Commission President-elect Ursula von der Leyen. Each candidate faces a three-hour public hearing, organised by one or more parliamentary committees. After that process, those committees will judge the candidates' suitability for the role based on 'their general competence, European commitment and personal independence', as well as their 'knowledge of their prospective portfolio and their communication skills'. At the end of the hearings process, Parliament votes on the proposed Commission as a bloc, and under the Treaties may only reject the entire College of Commissioners, rather than individual candidates. The Briefing provides an overview of key issues in the portfolio areas, as well as Parliament's activity in the last term in that field. It also includes a brief introduction to the candidate.

Euro Area Scrutiny: External expertise on economic governance issues during the 8th Parliamentary term

24-06-2019

This document provides the summaries of all external experts papers published during the 8th parliamentary term (2014-2019) by the Economic Governance Support Unit, aimed at supporting the scrutiny work on the functioning of the Euro Area, especially in view of the bi-annual Economic Dialogues with the President of the Eurogroup.

This document provides the summaries of all external experts papers published during the 8th parliamentary term (2014-2019) by the Economic Governance Support Unit, aimed at supporting the scrutiny work on the functioning of the Euro Area, especially in view of the bi-annual Economic Dialogues with the President of the Eurogroup.

Regional inequalities in the EU

17-05-2019

The issue of inequality has gained increasing importance in the public and political agenda in the aftermath of the financial and economic crisis, and in the context of political movements representing the 'places left behind'. Inequality may relate to income and wealth, but also to a variety of aspects such as access to basic services, education and infrastructure. In the context of regional disparities, it may also refer to differing levels of socio-economic development. Common inequality measures ...

The issue of inequality has gained increasing importance in the public and political agenda in the aftermath of the financial and economic crisis, and in the context of political movements representing the 'places left behind'. Inequality may relate to income and wealth, but also to a variety of aspects such as access to basic services, education and infrastructure. In the context of regional disparities, it may also refer to differing levels of socio-economic development. Common inequality measures have revealed that, while regional disparities have been decreasing when considering the EU as a whole, they have been increasing within some countries. A number of persistently low-growth regions exist in southern Europe, as do many low-income regions in eastern Europe. Every Member State has a number of 'inner peripheries', which are habitually located in post-industrial or rural areas and often characterised by high levels of unemployment, poor infrastructure, lack of skilled workforce and hampered accessibility. Strengthening social, economic and territorial cohesion, and reducing regional disparities is the main goal of EU cohesion policy. As a major EU tool to address regional inequalities, this policy provides a wide range of support for businesses and activities in areas such as research, environment, transport, employment, social inclusion, education and institutional capacity-building. Such support is crucial for addressing the underlying problems of many lagging regions, helping them create better living conditions, retain and attract talent, encourage investment, improve productivity and develop regional innovation systems. Together with economic governance frameworks and EU support for structural reform, EU cohesion policy can play an important role in reducing inequality, in a comprehensive and multidimensional way. While traditionally, GDP per capita has been used to assess regional convergence, a variety of new indicators tracking progress on issues correlated with inequality are available for this purpose today. Moreover, the proposals for the EU's post-2020 policy framework include new additional funding allocation criteria such as youth unemployment, education levels, climate change, and the reception and integration of migrants. These changes possibly indicate a shift towards a more comprehensive view of territorial convergence in the EU.

Performance Indicators for Convergence in Regional Development - How reliable are they to ensure Targeted and Result-Oriented spending?

15-04-2019

This study examines how reliable Cohesion Policy indicators are in helping to ensure targeted and result-oriented expenditure. Overall, substantial progress has been made in recent years in developing an effective system. However, the challenge remains to shift from a focus on financial absorption and outputs to assessing more meaningful results and impacts of interventions, and to improve data collection systems. The paper includes eleven recommendations to address these and other challenges ahead ...

This study examines how reliable Cohesion Policy indicators are in helping to ensure targeted and result-oriented expenditure. Overall, substantial progress has been made in recent years in developing an effective system. However, the challenge remains to shift from a focus on financial absorption and outputs to assessing more meaningful results and impacts of interventions, and to improve data collection systems. The paper includes eleven recommendations to address these and other challenges ahead of the new 2020-2027 period.

Externý autor

Jack Malan, Jayne Woolford, Sandra Ruiz-Fernandez, Michaela Brady, and Maria Kazakova from the Centre for Strategy & Evaluation Services LLP (CSES)

Effectiveness of cohesion policy: Learning from the project characteristics that produce the best results

15-04-2019

This study analyses the characteristics of cohesion policy projects that can contribute to successful outcomes. Our analysis is based on a literature survey, an econometric analysis and interviews with stakeholders. About two dozen project characteristics are considered, and their association with economic growth is studied using a novel methodology. Based on the findings, the study concludes with recommendations for cohesion policy reform.

This study analyses the characteristics of cohesion policy projects that can contribute to successful outcomes. Our analysis is based on a literature survey, an econometric analysis and interviews with stakeholders. About two dozen project characteristics are considered, and their association with economic growth is studied using a novel methodology. Based on the findings, the study concludes with recommendations for cohesion policy reform.

Externý autor

Mr Zsolt Darvas, Senior Fellow, Bruegel and Corvinus University of Budapest Mr Antoine Mathieu Collin contributed to this report while working at Bruegel as a Research Assistant Mr Jan Mazza, Research Assistant, Bruegel Ms Catarina Midoes, Research Assistant, Bruegel

Country Specific Recommendations for 2017 and 2018 - A tabular comparison and an overview of implementation

20-03-2019

This study presents the 2017 Country-Specific Recommendations generally endorsed by the European Council of 22/23 June 2017 and adopted by the Council of 11 July 2017; the assessment of the implementation of 2017 Country-Specific Recommendations based on the Commission Country Reports published on 7 March 2018; the 2018 Country-Specific Recommendations proposed by the European Commission on 23 May 2018 and adopted by the Council on 13 July 2018; the European Commission’s assessments of the implementation ...

This study presents the 2017 Country-Specific Recommendations generally endorsed by the European Council of 22/23 June 2017 and adopted by the Council of 11 July 2017; the assessment of the implementation of 2017 Country-Specific Recommendations based on the Commission Country Reports published on 7 March 2018; the 2018 Country-Specific Recommendations proposed by the European Commission on 23 May 2018 and adopted by the Council on 13 July 2018; the European Commission’s assessments of the implementation of the 2018 Country-Specific Recommendations based on its Country Reports published on 27 February 2019; the Council Recommendation on the economic policy of the euro area approved by the Council of 23 January 2018.

Reform Support Programme 2021-2027

13-03-2019

The European Commission adopted the proposal on the establishment of the Reform Support Programme on 31 May 2018, as part of the package for the upcoming multiannual financial framework for 2021-2027. The programme will provide financial and technical support for Member States to implement reforms aimed at increasing the resilience of their economies and modernising them, including priority reforms identified in the European Semester. The overall budget for the programme is €25 billion. It comprises ...

The European Commission adopted the proposal on the establishment of the Reform Support Programme on 31 May 2018, as part of the package for the upcoming multiannual financial framework for 2021-2027. The programme will provide financial and technical support for Member States to implement reforms aimed at increasing the resilience of their economies and modernising them, including priority reforms identified in the European Semester. The overall budget for the programme is €25 billion. It comprises three elements: a reform delivery tool (financial support); a Technical Support Instrument (technical expertise, building on the current Structural Reform Support Programme 2017-2020); and a convergence facility (preparation for adopting the euro). The Reform Support Programme will be open to all Member States on a voluntary basis, with no co-financing required. In the European Parliament, the Committee on Economic and Monetary Affairs (ECON) and Committee on Budgets (BUDG) are working jointly on this file under Rule 55 of Parliament's Rules of Procedure. A vote in the joint committee meeting is expected on 1 April 2019, with a vote in plenary thereafter, during the second April 2019 part-session. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

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