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Euro area economic policy recommendations for 2016-2017
Euro area economic policy recommendations for 2016-2017
Euro area economic policy recommendations for 2016-2017
This summary has been archived and will not be updated, because the summarised document is no longer in force or does not reflect the current situation.
Euro area economic policy recommendations for 2016-2017
SUMMARY OF:
WHAT IS THE AIM OF THE RECOMMENDATION?
It recommends how the euro area countries should, collectively and individually, conduct their economic policies over the coming 12 months.
KEY POINTS
The recommendations state that euro countries should:
BACKGROUND
The economic policy recommendations form part of the EU’s annual cycle of economic policy guidance and surveillance, known as the European Semester.
For the first time, in March 2016, the euro area economic policy recommendations were adopted before those tailored to individual euro area countries. This is designed to better reflect the overall euro area challenges within the specific national reports.
For more information, see:
MAIN DOCUMENT
Council Recommendation of 8 March 2016 on the economic policy of the euro area (OJ C 96, 11.3.2016, pp. 1–3)
last update 02.08.2016