The Spring 2022 Economic Forecast projects the EU economy to continue growing in 2022 and 2023, yet face headwinds to growth which were previously expected to subside. The country-specific recommendations adopted in the context of the European Semester this year include recommendations for reducing the dependency on fossil fuels through reforms and investments, in line with the REPowerEU priorities and the European Green Deal. In addition, policies to mitigate the impact of higher energy prices and support those fleeing Russia's military aggression against Ukraine will contribute to an expansionary fiscal stance in 2022 for the EU as a whole. The Commission also has concluded that the conditions to maintain the general escape clause of the Stability and Growth Pact in 2023 and to deactivate it as of 2024 are met. It has adopted a report under Article 126(3) of the Treaty on the Functioning of the EU (TFEU) for 18 Member States. The purpose of this report is to assess Member States' compliance with the deficit and debt criteria of the Treaty. The Commission has also assessed the existence of macroeconomic imbalances for the 12 Member States selected for in-depth reviews in the 2022 Alert Mechanism Report and issued opinions on the draft budgetary plans of Germany and Portugal. In addition, it has adopted the post-programme surveillance reports for Greece, Ireland, Spain, Cyprus, and Portugal.