First published on
14 December 2015

The single currency has eased cross-border trade and investment, brought price stability and business opportunities, and made travel a lot cheaper. However, the financial crisis showed that the EU needs to keep an eagle eye on its economic policy to safeguard jobs, growth, social fairness and financial stability.

For the first time, the 2014-2020 programming period has involved so-called Country Specific Recommendations (CSRs) and National Reform Programmes (NRPs). As a result, this programming period should strengthen ties between the goals of the European Semester process, the EU’s top economic priorities and the programming of the European Structural and Investment Funds (ESI Funds).

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