EU Economic governance: monitoring, prevention, correction

The European Union’s economic governance framework aims to monitor, prevent, and correct problematic economic trends that could weaken national economies or negatively affect other EU countries.

How the EU monitors national economic policies

How the EU monitors national economic policies

This section explains how the EU monitors national economic policies, and how and when preventive and corrective measures are put in place.

The European Semester

The European Semester

The framework
European Semester timeline
Thematic factsheets
The European Semester in your country
Stability and Growth Pact

Stability and Growth Pact

Applying the rules of the stability and growth pact
The preventive arm
The corrective arm/ Excessive Deficit Procedure
Stability and convergence programmes
Annual draft budgetary plans (DBPs) of euro area countries
History of the Stability and Growth Pact
Legal basis of the Stability and Growth Pact
Macroeconomic imbalance procedure

Macroeconomic imbalance procedure

Dealing with macroeconomic imbalances
MIP surveillance in 2018
Relevant legislation
Alert mechanism report
Scoreboard
In-depth reviews
Specific monitoring
Excessive imbalance procedure
Timeline: The Evolution of EU Economic Governance

Timeline: The Evolution of EU Economic Governance

Economic governance in the EU has been reinforced and refined over time, evolving in the context of historical developments. This timeline includes links to legislation and background information.