Overview

Which information can I find here?

In this section, you can find information about the macroeconomic imbalances procedure (MIP). This is a surveillance mechanism that aims to identify potential macroeconomic risks early on, preventing the emergence of harmful imbalances, and correcting those already in place. The MIP is part of the European Semester, which is the European Union's framework for the coordination and surveillance of economic and social policies.

To detect imbalances, a scoreboard of annual data has been implemented. It consists of a combination of stock and flow indicators which can capture both short-term deteriorations as well as the long-term gradual accumulation of imbalances. The scoreboard is complemented by an economic assessment presented in the annual alert mechanism report.

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