Workshop on EU Fiscal Policies: How could the Stability and Growth pact be simplified? (11 December 2019)

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Agenda: Employment, Social Policy, Health and Consumer Affairs Council (9 – 10 December 2019)

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Briefing: Thematic Digest on Economic Governance in the EU – December 2019

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Official Journal (C Series): Special Report No 22/2019 EU requirements for national budgetary frameworks: need to further strengthen them and to better monitor their application2019/C 410/05

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UPDATED – Agenda: Eurogroup (4 December 2019)

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UPDATED – Agenda: Economic and Financial Affairs Council (5 December 2019)

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Report: EU requirements for national budgetary frameworks: need to further strengthen them and to better monitor their application

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Press Release: EU fiscal governance: requirements for Member States need to be strengthened further and better monitored, say Auditors

The EU needs to further strengthen its legal requirements for national budgetary frameworks and better monitor how Member States put them into practice, according to a new report from the European Court of Auditors (ECA). In several respects the requirements are softer than international standards and the European Commission has so far only limited knowledge about whether countries apply them properly. The auditors also warn against the risk of inconsistency between the Commission’s and independent fiscal institutions’ (IFIs) assessment of countries’ compliance with EU fiscal rules, as well as of the limited effectiveness of the European Fiscal Board due to the fact that it is not fully independent from the Commission.

OPP Meeting Summary: EP ECON Committee – Consideration of amendments: the European Central Bank – annual report 2018 (3 December 2019)

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Research Bulletin: How does sluggish updating of information affect consumer spending?

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Briefing: Euro area deepening and reform

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OPP Meeting Summary: EP ECON Committee – Monetary dialogue with Christine Lagarde (2 December 2019)

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Agenda: Coreper 2 Meeting (4 December 2019)

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UPDATED – Agenda: Working Party on General Affairs (6 December 2019)

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Interview: Luis de Guindos, Vice-President of the ECB with El Mundo

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Roadmap: European Semester 2020

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Briefing: What do we know about the BICC today?

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UPDATED – Agenda: Coreper 2 Meeting (27 & 29 November 2019)

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Draft Report: EP ECON Committee on the draft Council directive amending Directive 2006/112/EC on the common system of value added tax as regards the special scheme for small enterprises and Regulation (EU) No 904/2010 as regards the administrative cooperation and exchange of information for the purpose of monitoring the correct application of the special scheme for small enterprises

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Press Release: Upcoming special report on EU Fiscal Governance – the EU requirements for national budgetary frameworks

On Wednesday 4 December 2019, the European Court of Auditors (ECA) will publish a special report on EU Fiscal Governance – the EU requirements for national budgetary frameworks. The auditors examined whether the EU requirements strengthened the national budgetary frameworks and whether the European Commission assessed how the Member States applied them. This included an examination of the role of national independent fiscal institutions (IFIs) and the European Fiscal Board. The auditors also carried out a survey across all IFIs and visited relevant stakeholders in eight Member States in the euro area: Greece, Spain, France, Italy, Latvia, Luxembourg, Portugal and the Netherlands.

UPDATED – Agenda: Financial Counsellors Working Party Meeting (27 November 2019)

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In-Depth Analysis: Implementation of the Stability and Growth Pact – November 2019

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Briefing: Structural budget balances in EU Member States – November 2019

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UPDATED – Press Release: Autumn Fiscal Package: Commission adopts Opinions on euro area Draft Budgetary Plans

Update: the opening remarks by Vice-President Dombrovskis and the remarks by Commissioner Moscovici on the Autumn Fiscal Package are now available.

The European Commission has today presented its Opinions on euro area Member States’ 2020 Draft Budgetary Plans, taken steps under the Stability and Growth Pact and adopted the fourth Enhanced Surveillance Report for Greece.

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