Economic governance: Conclusions on macroeconomic imbalances


From left to right: Mr Valdis DOMBROVSKIS, Vice-President of the European Commission in charge of the Euro and Social Dialogue; Mr Vladislav GORANOV, Bulgarian Minister for Finance.

Photo: European Union

The Council (ECOFIN):

  1. WELCOMES the publication of the Commission's country reports analysing the economic policies for each Member State, including the in-depth reviews (IDRs) in the context of the Macroeconomic Imbalances Procedure (MIP), and monitoring progress with the implementation of the 2017 country specific recommendations (CSRs), as well as the accompanying Communication. WELCOMES the integrated analysis and STRESSES the need to keep the IDR analysis well identifiable, complete and transparent.
  2. WILL take account of these elements, as well as the National Reform Programmes, the Stability and Convergence Programmes and the recommendation on the economic policy for the Euro area of May 2018, when adopting the 2018 Country Specific Recommendations.

Read the full press release here.

Visit the meeting the page on the website of the Council of the European Union.

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