Deepening the Economic and Monetary Union after the onset of the global financial crisis in 2008 remains one of the European Commission's key priorities. The JRC's scientific approach contributes to achieving this goal. With its modelling expertise, socio-economic analyses and analytical tools, the JRC provides useful means for the Commission to restore a strong and stable financial system for the EU.
The JRC supports the Commission's activities aimed at a deeper and fairer economic and monetary union. In addition, the JRC continues to monitor fiscal imbalances for the Stability and Growth Pact, which is a set of rules designed to ensure that countries in the European Union pursue sound public finances and coordinate their fiscal policies.