Implementation of the 2014 European Semester

Member States’ economic policies are coordinated at EU level through the annual ‘European Semester’ exercise. The 2014 exercise was concluded in July 2014 with the adoption of Country Specific Recommendations (CSRs) by the Council of the European Union, which stressed their key role in creating growth.

The European Semester (ES), which synchronises the timing of economic and fiscal policy reporting and evaluation at EU level, and introduces ex-ante coordination of national economic policies was launched in 2010. Each ES cycle, the European Commission analyses the fiscal and structural reform policies of every Member State, provides recommendations, and monitors their implementation.

European Commission: Europe 2020: Making it happen: the European Semester http://ec.europa.eu/europe2020/making-it-happen/index_en.htm

European Commission: Economic and Financial Affairs: EU economic governance: The European Semester http://ec.europa.eu/economy_finance/economic_governance/the_european_semester/index_en.htm

European Commission: RAPID: SPEECH/14/709: European Parliament report on the European Semester http://europa.eu/rapid/press-release_SPEECH-14-709_en.htm

ESO: Background information: Council issues recommendations to member states on their economic and fiscal policies http://www.europeansources.info/record/press-release-council-issues-recommendations-to-member-states-on-their-economic-and-fiscal-policies/

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