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 2017
  • 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.