In EU Policy

Subject

Synthetic presentation of what is the European Semester, the cycle of economic and fiscal policy coordination within the EU.

Details

Author: European Union (EU)

Year: 2015

Extract…

The Europe 2020 growth strategy –why, what and how?

Why?

  • Global economic crisis
  • Long-term challenges
  • Necessity of structural reforms

What?

  • Strategy for smart, sustainable and inclusive growth à 5 ambitious objectives, 7 flagship initiatives

How?

  • Coordination and financial support
  • One of many tools: the European semester – strong coordination of national economic policies