Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2013) 350 final (29.5.13) |
Publication Date | 29/05/2013 |
Content Type | Policy-making, Report |
Once a year the Commission reviews the economic and social performance of each EU Member State and makes country-specific recommendations to guide national policies in the coming year. Against the background of a deep economic and financial crisis, which is causing social hardship for many, and recent forecasts which show that the EU is slowly recovering from a protracted recession, this year's recommendations will receive particularly close scrutiny. The purpose of regular surveillance by the Commission is: The Commission's analysis presented alongside the 2013 recommendations shows that the EU is making lasting changes and is tackling the serious structural problems that built up over the last decade. These changes are taking place against a global backdrop of the need for reform in the most advanced economies and strong economic development in the emerging economies. Member States are engaging in necessary reforms and working hard to get public finances under control. The pace and impact of these efforts varies across countries – adjustment is particularly noticeable in the programme countries and the more vulnerable Member States. The challenge is to implement agreed reforms, sometimes with greater urgency and more ambition. Where the Commission feels that stronger measures are needed, these are set out in the recommendations. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2013:350:FIN |
Related Links |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |