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Leaders endorse EU's economic priorities for 2013

At the European Council meeting on 14-15 March the EU leaders endorsed the Union's economic priorities for 2013 and provided strategic guidance for the member states' national budgetary policies and structural reforms for this year. This is part of the six-month policy coordination cycle between the EU member states, known as "the European Semester".

Strengthening economic and monetary union: progress on legislative files

On 14 March 2013, the European Council took stock of ongoing work to build a sounder structure for economic and monetary union (EMU), as mandated by the European Council of December 2012. At the moment, developing the banking union is the most pressing priority, while President Van Rompuy will present further measures on the coordination of economic policies in the euro area for consideration by the June European Council.
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