27/01/17
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19.12.2016 - The European Commission’s Directorate General for Economic and Financial Affairs (EFCIN) publishes its annual Report on Public Finances in EMU today. It provides an overview of key policy developments and analytical findings and contains some of the analysis underpinning the Commission opinions on Member States' Draft Budgetary Plans.
In particular, the report focuses on recent trends in public finances in the EU and the euro area, and the latest developments of the Stability and Growth Pact. The report looks at the factors behind the investment gap in the EU and analyses the criteria to take into account when deciding on an appropriate fiscal stance for the euro area as a whole, an exercise which requires a delicate balancing between the objectives of promoting growth in a context of slow recovery and maintaining the sustainability of public finances.
>> Report on Public Finances in EMU 2016
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