| Author (Person) | Pop, Valentina |
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| Series Title | EUObserver |
| Series Details | 30.5.12 |
| Publication Date | 30/05/2012 |
| Content Type | News |
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The European Commission adopted on the 30 May 2012 a package of recommendations for budgetary measures and economic reforms to enhance financial stability, boost growth and create employment across the EU. The recommendations were country-specific, taking account of the individual situation of each Member State. The Commission also issued recommendations for the euro area as a whole, and set out its vision for the EU-level policy action needed to complement the national measures to deliver an ambitious, two-tiered EU growth initiative. It also presented the conclusions of twelve in-depth reviews in the context of the Macroeconomic Imbalance Procedure and made recommendations to the Council relating to the Excessive Deficit Procedure. |
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| Source Link | Link to Main Source http://euobserver.com/19/116421 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |