Commission releases its European Semester Winter Package

Author (Corporate)
Series Title
Series Details IP/17/308 (22.02.17)
Publication Date 22/02/2017
Content Type

The European Commission published on 22 February 2017 its European Semester Winter Package, which comprises an analysis of the economic and social situation in the member states, including an assessment of remaining imbalances. It also published a report on the implementation of the Fiscal Compact, a report analysing the debt situation in Italy and a report, together with a proposal to the Council for a fine, on a case of misrepresentation of statistics in Austria.

The assessment is part of the European Semester, the annual cyclpe of economic policy coordination at EU level, and followed the release of the Winter economic forecast.

The launch of the 2017 European Semester took place in November 2016 with the publication of the Annual Growth Survey 2017 and the euro area recommendations. This package shifts attention to the national dimension of the annual cycle, in the run-up to the Country-Specific Recommendations later in the year.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-17-308_en.htm
Related Links
European Commission: DG Communication: MEMO/17/309, 22.02.17: European Semester 2017: Winter Package explained http://europa.eu/rapid/press-release_MEMO-17-309_en.htm
European Commission: DG Communication: SPEECH/17/331, 22.02.17: Remarks by Vice-President Dombrovskis at the European Semester Winter Package press conference http://europa.eu/rapid/press-release_SPEECH-17-331_en.htm
European Commission: DG Communication: MEMO/17/312, 22.02.17: Questions and Answers: Commission investigation into statistical reporting in Salzburg http://europa.eu/rapid/press-release_MEMO-17-312_en.htm
ESO: Background information: Economic and budgetary outlook for the European Union 2017 http://www.europeansources.info/record/economic-and-budgetary-outlook-for-the-european-union-2017/
EurActiv, 23.02.17: Brussels tells Italy to reduce fiscal gap or risk being fined http://www.euractiv.com/section/economy-jobs/news/brussels-tells-italy-to-reduce-fiscal-gap-or-risk-being-fined/
EurActiv, 22.02.17: EU says Germany should do more to help economy http://www.euractiv.com/section/economy-jobs/news/eu-says-germany-should-do-more-to-help-economy/
Politico, 22.02.17: Brussels goes easy on EU spendthrifts http://www.politico.eu/article/politics-tips-eus-economic-balance-pierre-moscovici-europe-elections-2017-germany-france-netherlands-italy/
RTÉ, 22.02.17: EU Commission warns Ireland still vulnerable despite 'remarkable' progress in stabilising public finances and returning to growth https://www.rte.ie/news/business/2017/0222/854578-commission-warns-of/
Euronews, 22.02.17: Commission tells Germany to boost public investment http://www.euronews.com/2017/02/22/commission-tells-germany-to-boost-public-investment
EUObserver, 22.02.17: Italy asked to cut debt, Germany to increase spending https://euobserver.com/economic/136995
European Commission: DG Communication: SPEECH/17/330, 22.02.17: Speaking points by Commissioner Thyssen on the 2017 country reports http://europa.eu/rapid/press-release_SPEECH-17-330_en.htm

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