Author (Corporate) | European Parliament: European Parliamentary Research Service |
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Publisher | EU |
Series Title | In-Depth Analysis |
Series Details | June 2016 |
Publication Date | June 2016 |
ISBN | 978-92-823-9295-9 |
Content Type | Report |
Please note: Each In-Depth Analysis is assigned a DOI (digital object identifier), which is a safe and long term way of ensuring a hyperlink to the full text of this report. However, when ESO creates this record, on occasion the DOI still has not been activated by the EU Bookshop. If you find the source url hyperlink does not work please use the alternative location hyperlink listed as a related url.This note focusses on selected policy issues as outlined in the Five Presidents’ Report and which are relevant for parliamentary work. The note provides an overview of the main steps undertaken and of the proposals planned to make EMU more resilient to shocks by addressing the policy and governance challenges unveiled by the financial crisis. These include: i) labour and product market reforms to rise long-term productivity and growth; Fiscal union is politically challenging as it involves ceding even more sovereignty from national levels to the euro-area level and is, therefore, strongly connected with political integration (Political Union). The note is complementary to the document 'Institutions and Bodies in the Economic and Monetary Union', which provides an overview of the governance framework of EMU. |
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Source Link | http://dx.publications.europa.eu/10.2861/97452 |
Related Links |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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