Country-Specific Recommendations in banking – November 2019

Abstract:

Financial sector reforms have been flagged by the Commission in its Communication on the 2019 European Semester as the policy area where Member States have made the most progress during last year. This briefing focuses on the banking recommendations addressed by the Council to individual Member States within the framework of the European Semester over the past years (2011-2019). It covers all recommendations targeting individual Member States’ banking sectors from a financial stability perspective or in respect of the financing of their economies and access to finance. It takes stock of these banking relevant country-specific recommendations issued since 2011, having a closer look at the most recent recommendation iteration, as well as, looks in detail at the main topics addressed and gives an overview of the implementation by Member States as assessed by the Commission. The briefing is regularly updated.