On 23 May, the Commission presented the 2018 country-specific recommendations (CSRs), setting out its economic policy guidance for Member States for the next 12 to 18 months. Europe's economy is growing at its fastest pace in a decade, with record employment, recovering investment and improved public finances. According to the Commission's 2018 Spring Forecast, growth in the next two years will slow slightly but remain robust. The current favourable conditions should be used to make Europe's economies and societies stronger and more resilient. The proposed CSRs focus on strengthening the foundations for sustainable and inclusive growth in the long term. In particular, the Commission calls on Member States to pursue structural reforms that improve the business environment and conditions for investment. Member States should also strengthen economic resilience in the context of long-term challenges, such as demographic trends, migration and climate change. This year, the recommendations dedicate special attention to social challenges, guided by the European Pillar of Social Rights proclaimed in November 2017. Since the start of the European Semester in 2011, Member States have either implemented fully or made some or substantial progress on more than two-thirds of the country-specific recommendations.