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Annual growth survey

The EU’s annual growth survey (AGS) starts the European Semester, which is the EU’s annual cycle of economic and budgetary policy coordination.

The AGS sets out the EU’s priorities with regard to growth and employment creation for the year to come. The AGS is presented by the Commission in late autumn and, following discussions within the Parliament and the Council, forms the basis of EU guidance for national growth and employment policies.

The AGS is published in parallel with the draft joint employment report, which analyses the EU’s employment situation and how EU countries are addressing it, and the alert mechanism report, which looks for potential economic imbalances requiring policy action, and a recommendation for the euro area.