Photo: European Union
On 22 June 2018, the Council approved draft recommendations and opinions on the member states' economic and fiscal policies for 2018.
Approval of the texts is a key stage in the 'European Semester', an annual policy monitoring process. Recommendations covering economic and fiscal as well as employment policies will be referred to the European Council for endorsement at its meeting on 28 and 29 June. The Council is scheduled to adopt them on 13 July 2018.
In March, the European Council endorsed policy priorities for the 2018 European Semester, as proposed by the Commission in its annual growth survey:
- boosting investment;
- pursuing structural reforms;
- ensuring responsible fiscal policies.
The European Semester involves simultaneous monitoring of the member states' economic, employment and fiscal policies during a six-month period every year.
Read the full press statement here.
Visit the meeting the page on the website of the Council of the European Union.