The European Commission has today adopted a series of economic policy recommendations to individual Member States to strengthen the recovery that began a year ago.
The EU economic outlook is strengthening. While leading indicators point to GDP growth gaining momentum in the near term, the conditions for a sustained recovery in the medium term are also improving.
The European economy continues to recover in most EU countries, though at a different rate and strength. However, the legacy of debt and fiscal consolidation from the financial crisis mean the recovery will remain fragile.
As part of an intensifying battle against tax fraud, the EU plans to strengthen cooperation with neighbouring countries on VAT.
The EU has proposed curbing the freedom of the largest banks to engage in the sorts of speculative trading that contributed to the 2008 global financial crisis.
Changes to EU corporate tax rules seek to increase revenues for national budgets and level the playing-field by closing loopholes used by some companies to avoid paying tax.
Package of economic and budgetary recommendations sets priorities for 2014, including tackling unemployment and restoring bank lending to the economy.
The European economy has started growing again in the second quarter of this year. Over the past months, there have been encouraging signs that the economic recovery will continue.
23 September sees the launch of one month of online debates on jobs, banks, social rights, and e-commerce. Individuals, organisations and policy-makers will together trade ideas that could change Europe.
The EU presses ahead with plans to regulate the shadow banking system that helped spawn the credit crunch.
Unemployment among young people, small companies and increasing lending will all be on the agenda when the EU’s political leaders meet on 27 and 28 June.
Proposal would extend EU rules on mandatory exchange of personal financial information to cover all income.
Package of recommendations for 23 EU countries, as well as the eurozone, which offers guidance on budgetary and economic policies for 2013-14
New measures would give all Europeans a legal right to a basic bank account anywhere in the EU – and make switching to another provider easier.
The economy is projected to return to growth in the second half of 2013. However, annual GDP is forecast to contract by 0.1% in the EU and 0.4% in the eurozone.
Some countries need to step up reforms to resolve civil and commercial cases efficiently – key to attracting investment and business.
Initial proposals would establish a framework for closer integration of EU economic and monetary policies.
Return to growth more gradual than expected, says Commission's latest forecast – despite substantial improvement in EU financial market conditions since summer 2012.
Financial trading tax would be applied by Austria, Belgium, Estonia, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain.
Europe needs to coordinate growth and job creation efforts, help those affected most by the crisis and address rising social inequality.
EU presidents and prime ministers took eurozone countries closer to banking union when they sat down to their customary end-of-year meeting in Brussels on 13 December.
EU presidents and prime ministers will find the European commission’s vision for closer economic, monetary and banking union on the table when they sit down to their customary end-of-year meeting in Brussels on 13 and 14 December.
Around €1 trillion is lost to tax evasion and avoidance every year in the EU. A new action plan encourages European governments to work together to clamp down on companies and individuals not paying their fair share.
EU promotes programmes to help older people stay active in their communities by recognising some of the best initiatives.
The short-term outlook for the economy of the EU and the eurozone remains fragile. But GDP growth is expected to gradually return in 2013, with further strengthening in 2014.
New proposals on further economic integration among EU countries will benefit consumers, workers and businesses.
Investors buying financial products would get better information and more protection under proposed new measures.
Package of measures would improve consumer access to services in other EU countries, boosting growth and jobs.
Plan for a coordinated EU approach would establish common rules for intervening when a bank is in financial trouble – and help make taxpayer-funded bailouts unnecessary.
Package of recommendations for each of the 27 EU countries and for the eurozone offers guidance on 2012-2013 domestic budgets and economic policies.
Report projects that nearly one third of Europeans will be 65 or over by 2060, in a total EU population of 517 million.
The EU economy is estimated to be currently in a mild recession. But a slow recovery is forecast from the second half of the year.
Join others born in 1992 and submit videos, photos, cartoons, essays or smartphone apps on what Europe’s single market means for your generation. Deadline is 9 September.
Standard EU registration rules would make it easier and cheaper to relocate vehicles to another EU country.
New law would ensure European companies have the same opportunities to benefit from global markets as their competitors have in Europe.
For borrowers, it can be a welcome alternative to traditional banking – for others it may threaten financial stability – the Commission is seeking your views on ‘shadow banking’.
The EU economy is projected to stagnate in 2012, while the euro area is set to enter into a mild recession. Modest growth is predicted to return in the second half of the year.
We need your opinion on how to give EU shoppers a better choice of cash-free payment methods, especially online – by spurring competition in the electronic payments market.
Proposals to encourage more online commerce would make it easier to shop on the Internet across the EU – contributing to economic growth and job creation.
Agreement by most EU governments on further economic integration should be complemented by moves to restore growth and create jobs, says Barroso.
Package of economic and budgetary recommendations sets priorities for 2012 and includes new measures to reinforce eurozone financial governance and stability.
Eurozone governments should move quickly to support the common currency, end the debt crisis and forge a deeper economic union, says Commission President José Manuel Barroso, announcing plans for new proposals.
EU seeks to strengthen oversight of credit ratings agencies as part of ongoing financial market reforms.
EU growth will remain at a near standstill during 2012 and return to slow growth in 2013. Unemployment is forecast to remain at the current high levels.
EU leaders agree on measures to provide more support for countries with debt problems and restore financial stability to Europe.
The Commission roadmap sets the agenda for a meeting between Europe’s heads of state and government on the economy (23 October).
EU growth projected to come to a near standstill by the end of 2011 due to sovereign debt crisis and financial market turmoil.
All across Europe, families are prioritising where to spend their money. Some luxuries are being cut, as people invest in what really matters for the future.
Recommendations for each of the 27 EU countries offer guidance on 2011-2012 domestic budgets and economic policies.
EU targets 12 priority measures to make its single market work better for consumers, workers and businesses.
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
Common tax rules for companies operating in more than one EU country will make it easier and cheaper for them to do business in the single market.
EU-backed project bonds to support strategic investments in transport, energy, Internet and telecommunications networks.
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
Estonians will start using the euro on 1 January 2011. Good advance planning and public information should make for a smooth changeover from the kroon.
New measures will make cross-border litigation cheaper and easier for companies, and reduce administration for people living, working and travelling in other EU countries.
Public consultations on the Markets in Financial Instruments Directive and on financial services sanctions.
EU economic recovery expected to continue over the period 2010-12, with modest employment growth from next year.
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU.
Proposed changes to EU rules would make short-selling and trading in over-the-counter derivatives safer and more transparent.
Baltic country wins final approval from finance ministers after getting the go-ahead from parliament, the central bank and other EU institutions.
Proposals to improve protection for bank account holders and retail investors, and set up similar schemes for insurance policies.
G20 leaders, finance ministers and central bank governors meet in Toronto on 26 and 27 June for discussions on recovery from the global financial crisis.
Leaders move to restore confidence in Europe’s financial stability and reinforce economic governance.
New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed.
EU leaders agree to cooperate more on economic policy – part of a strategy to spur higher growth over the next decade.
Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy.
Commission expects GDP in the EU to gradually return to pre-recession levels. But the economy still faces headwinds.
Recommendations adopted for correcting Greece’s budget deficit and improving the competitiveness of its economy.
Lithuania and Malta granted reprieve on budget deficits; Hungary and Latvia on track to meet deadlines.
The economic crisis has left many countries with budget deficits well over the 3% limit. The commission is proposing deadlines for reducing the gaps.
New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit.
Growth expected to return in the second half of 2009. Forecasts are still uncertain but fears of a severe, prolonged recession are fading.
EU seeks new tools for measuring economic performance that give more weight to social and environmental aspects of wellbeing.
The EU is going through its worst recession since WWII. Inflation has slowed, but employment and public finances are hard hit. The situation should stabilise in 2010.
Throwing a lifeline to the global economy, the G20 agrees to channel $1.1 trillion (€832bn) into the IMF and other institutions and to tighten rules on financial markets.
Summit approaches economic crisis from all fronts: financial market regulation, economic stimulus, job security
Urging EU leaders to move fast to restore confidence in the markets, the commission sets out proposals for a comprehensive reform of the financial system.
Commission cuts economic growth forecast as scale of financial crisis and ensuing global downturn become apparent.
Slovaks are gearing up for the arrival of the euro on 1 January, when their country becomes the 16th member of the euro area.
Commission previews comprehensive plans to tackle financial crisis as EU leaders gear up for international summit.
The agreement came in Paris at an emergency summit of the 15 euro countries. Leaders of all 27 EU governments are expected to examine the plan when they meet in Brussels on 15 October.
In an increasingly difficult global economy, prospects for economic growth in the EU worsen and inflation has not yet started to ease off.
Minimum tax EU countries must levy on cigarette and tobacco sales would rise gradually under proposal aimed at reducing smoking and smuggling.
Budgets in EU countries in much better shape but further action required for healthier public finances
Europeans have chosen the new design for a commemorative 2-euro coin to mark the single currency's tenth birthday.
Europeans to vote on their favourite new design for a commemorative 2-euro coin marking ten years of the single currency.