| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
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| Series Title | European Economy |
| Series Details | No.4, 2005 |
| Publication Date | April 2005 |
| Content Type | Policy-making, Report |
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The Integrated Guidelines, which the European Commission adopted on 12 April 2005, lay out a comprehensive strategy of macroeconomic, microeconomic and employment policies to redress Europe's weak growth performance and insufficient job creation. They bring together for the first time the Broad Economic Policy Guidelines (BEPGs) and the Employment Guidelines in one single, comprehensive document. Within the Integrated Guidelines, the Broad Economic Policy Guidelines provide guidance on macroeconomic and microeconomic policies in the Member States and the Community in the areas offering the greatest potential for improving growth and employment. In the first part, the BEPGs set out a wide-ranging programme of macroeconomic policies for growth and jobs. These guidelines are centred around the objective of macroeconomic stability as a prerequisite for ensuring a well-balanced economic expansion and the full realisation of current growth potential. The second part of the BEPGs sets out a comprehensive and coordinated set of microeconomic reform measures that will increase the efficiency and adaptability of the European economy and thereby raise its growth potential. The Guidelines will serve as a basis for drawing up the national reform programmes which the Member States are asked to present in the autumn of 2005. |
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| Source Link | https://ec.europa.eu/economy_finance/publications/pages/publication_summary6434_en.htm |
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| Subject Categories | Economic and Financial Affairs, Employment and Social Affairs |
| Countries / Regions | Europe |
