| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/10/859 (30.6.10) |
| Publication Date | 30/06/2010 |
| Content Type | News |
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The European Commission has adopted a Communication outlining a set of tools to strengthen the economic governance of the EU and the euro area. Its cornerstone is the implementation of enhanced surveillance of fiscal policies, macroeconomic policies and structural reforms. Enhanced surveillance will be based on a "European semester" and comes with an array of sanctions to prevent or correct the excesses that could jeopardize the financial stability of the EU and the euro area. The Stability and Growth Pact will be reinforced with particular attention given to the evolution of debt as well as public deficits. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/859&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
