|Author (Person)||Kirkegaard, Jacob Funk|
|Author (Corporate)||European Parliament: DG Internal Policies|
|Publisher||European Parliament: European Parliamentary Research Service (EPRS), European Union|
|Series Title||EPRS In-Depth Analysis|
|Series Details||PE 651.370|
|Publication Date||October 2020|
|Content Type||Research Paper|
This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation agenda directly into the Pact’s policy prescriptions.
This document was provided by the Economic Governance Support Unit at the request of the ECON Committee.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Economic Governance | Situation, European Semester|
|Keywords||Stability and Growth Pact [SGP]
|International Organisations||European Union [EU]|