Goals of the European Semester
These goals should accompany the twin digital and climate transition and be structured around four dimensions: environmental sustainability, productivity, fairness, macroeconomic stability.
- ensuring sound public finances (avoiding excessive government debt)
- preventing excessive macroeconomic imbalances in the EU
- supporting structural reforms, to create more jobs and growth
- boosting investment
Role of the Commission
Each year, the Commission undertakes a detailed analysis of each Member States’ budgetary plan, its macroeconomic challenges and needs for structural reforms. It then provides EU governments with proposals for country-specific recommendations for the next 12-18 months.
Role of the Council
The Council endorses and formally adopts the Commission proposals.
Role of EU governments
National governments make policy decisions in response to the country-specific recommendations, based on whatever action they deem appropriate.