This report presents (i) recent developments in public finances; (ii) latest improvements in the EU budgetary surveillance framework; (iii) a comparison between budgetary targets in the planning and the implementation phase, and (iv) an assessment of the effectiveness of expenditure-based consolidations in ensuring sound public finances in the EU.
From the deepest economic crisis the world economy has seen since the great depression, Europe is emerging with new common institutions and a greater commitment to shared responsibility and solidarity. Understand why the crisis happened and how Europe responded.
Georgia can count on continuing support from the European Union.
Commissioner Moscovici signed on 11 December 2014 the Memorandum of Understanding for a €46 million Macro-Financial Assistance programme to Georgia.
"The Commission has set out the economic policy priorities in its Annual Growth Survey. We call for targeted investment, ambitious structural reforms and fiscal responsibility.", said VP Dombrovskis at the ECOFIN press conference on 9 December.