Commission adopts economic policy recommendations for 2015 and 2016
On 13 May 2015 the European Commission adopted country-specific economic policy recommendations for 2015 and 2016 as part of the European Semester policy cycle. Based on the Annual Growth Survey 2015, which was published in autumn 2014, the EU agenda for 2015-2016 now focuses on three mutually reinforcing pillars: boosting investment, implementing structural reforms, pursuing fiscal responsibility and improving employment policy and social protection. The recommendations are based on detailed analyses of each country's situation.
The next step in this process will be a discussion of EU Ministers on the country-specific recommendations in June 2015 before the EU Heads of State and Government endorse them on 25 and 26 June 2015. They will be formally adopted in July. It is then up to Member States to implement the recommendations by including them in their national policies and budget plans for 2015-2016.
The European Commission has made a number of changes to the European Semester process. These changes include fewer recommendations on just a few key priority areas for action, and an adjusted timetable to give more time to all actors to discuss and agree priorities from a European perspective as well as to compare national performance and priorities in this light.
To read the document and the country specific recommendation for Austria, click here