Vice-President Dombrovskis, Commissioner Thyssen and Commissioner Moscovici are presenting the Commission’s 2019 country-specific recommendations (CSRs), giving economic policy guidance to all EU Member States for the next 12 to 18 months.
The Commission calls on Member States to build on the progress made in recent years in pursuing effective structural reforms, well-targeted investment strategies and responsible fiscal policies as a successful compass for modernising the European economy. The country-specific recommendations for 2019 include a stronger focus on identifying and prioritising investment needs at national level and pay special attention to regional and territorial disparities.
The Commission also recommends closing the Excessive Deficit Procedure for Spain and adopts reports for Belgium, France, Italy and Cyprus under Article 126(3) of the Treaty on the Functioning of the EU (TFEU).
It also adopts the third report for Greece under the Enhanced Surveillance framework.