|Author (Corporate)||European Commission: DG Economic and Financial Affairs|
|Series Details||COM (2021) 471|
Annual Alert Mechanism Report (AMR) published by the European Commission on 24 November 2021 as part of the Autumn Package of the 2022 European Semester.
The AMR is a screening measure aimed at detecting potential macroeconomic imbalances. This year's AMR concludes that in-depth reviews (IDRs) are warranted for 12 Member States. These countries had already been subject to an IDR in the previous MIP surveillance cycle, and were considered to be experienced imbalances or excessive imbalances. The new IDRs are to assess how those imbalances developed, analysing their gravity, evolution and the policy response delivered by Member States, to update existing assessments and assess possible remaining policy needs.
The report was prepared in accordance with Articles 3 and 4 of Regulation (EU) No 1176/2011 on the prevention and correction of macroeconomic imbalances. It was published as part of the Autumn Package of the 2022 European Semester.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Economic Governance | Situation, European Semester, National Budgets|
|International Organisations||European Union [EU]|