As the next step in the implementation of the EU’s new fiscal rules, the Council today adopted recommendations endorsing the first-ever medium-term fiscal-structural plans and setting the net expenditure paths for 21 member states. The medium-term fiscal-structural plans are a cornerstone of the new economic governance framework. The plans contain member states’ fiscal trajectory, together […]
Council and European Parliament reach agreement on reform of EU tax rules
The Council and European Parliament negotiators reached a provisional political agreement on the proposed reform of the EU’s economic governance framework. The main objective of the reform is to ensure sound and sustainable public finances, while promoting sustainable and inclusive growth in all member states through reforms and investment. Main elements of the provisional agreement […]
Commission proposes new economic governance rules fit for the future
The Commission has presented legislative proposals to implement the most comprehensive reform of the EU’s economic governance rules since the aftermath of the economic and financial crisis. The central objective of these proposals is to strengthen public debt sustainability and promote sustainable and inclusive growth in all Member States through reforms and investment. The proposals address shortcomings in the […]
Commission relaunches the review of EU economic governance
The European Commission has today adopted a Communication that takes stock of the changed circumstances for economic governance in the aftermath of the COVID-19 crisis and relaunches the public debate on the review of the EU’s economic governance framework. The Communication follows President von der Leyen‘s commitment in the State of the Union address to build a consensus […]