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
