The country-specific recommendations are documents prepared by the European Commission for each Member State, which analyse its economic situation and provide tailored policy advice on measures that it should adopt over the coming 18 months. They cover the particular challenges that the Member State is facing in a broad range of areas: the state of public finances, reforms of pension systems, measures to create jobs and to fight unemployment, education and innovation challenges, efficiency of the public administration, competition etc. The final adoption of country-specific recommendations prepared by the Commission takes place at the highest level by national leaders in the European Council.
Lithuania’s economy is expected to continue its positive performance in 2014. With unemployment set out to fall further this year, confidence is expected to remain high, in turn further strengthening investment and private consumption.
Over the past twelve months, Lithuania has made some progress in implementing the 2013 country-specific recommendations. There has been progress on public finances, tax compliance and the reform of state-owned enterprises. Lithuania has also advanced with measures on pensions' accumulation and social assistance, and strengthened measures to accelerate housing renovation and energy interconnections.
However, increased efforts towards reviewing the tax system and improving tax compliance and fiscal sustainability would be welcome. Reducing unemployment and social exclusion and improving the quality and efficiency of education also remain key challenges. See how Lithuania compares with other EU Member States in key areas.
2014 European Commission's recommendations in brief
The Commission has issued six country-specific recommendations to Lithuania to help it improve its economic performance. These are in the areas of: public finances; pension reform; labour market; social inclusion; state-owned enterprises; energy.