Launch of the 2018 European Semester

The European Commission launched on 22 November 2017 the 2018 European Semester cycle of economic, fiscal and social policy coordination. This includes the adoption of a package of assessment documents:

• 2018 Annual Growth Survey
• 2018 Alert Mechanism Report
• 2018 draft Joint Employment Report
• Proposal for the Amendment of Employment Guidelines
• Recommendation for a Council Recommendation on the economic policy of the Eurozone
• Assessment of Euro area Member States' 2018 Draft Budgetary Plans

Background:

The 2018 European Semester cycle of economic, fiscal and social policy coordination starts against the backdrop of robust economic activity in the Eurozone and the European Union, record high employment levels and unemployment rates declining towards pre-crisis levels. In this context, the European Commission set as the priority the establishment of a lasting growth momentum.

This package is based on the Commission's Autumn 2017 Economic Forecast and builds on the priorities of the 2017 State of the Union address. It also reflects the proclamation of the European Pillar of Social Rights at the Gothenburg Social Summit.

+ Launch of the 2017 European Semester

Official

European Commission: Eurozone: Economic and Fiscal Policy Coordination: Draft budgetary plans 2018 https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/eu-economic-governance-monitoring-prevention-correction/stability-and-growth-pact/annual-draft-budgetary-plans-dbps-euro-area-countries/draft-budgetary-plans-2018

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