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Country-specific recommendations for economic policies under the 2019 European Semester

Author

Listed:
  • Zorell, Nico

Abstract

This box examines the country-specific recommendations (CSRs) for economic policies in euro area countries under the 2019 European Semester. Overall, the 2019 CSRs place greater emphasis on investment-enhancing structural policies and financial sector policies. However, continued weak CSR implementation by Member States remains a challenge. The implementation of structural reforms needs to be substantially stepped up to increase the economic resilience and growth potential of the euro area. JEL Classification: E02, E6, F02

Suggested Citation

  • Zorell, Nico, 2019. "Country-specific recommendations for economic policies under the 2019 European Semester," Economic Bulletin Boxes, European Central Bank, vol. 5.
    • Handle: RePEc:ecb:ecbbox:2019:0005:6
    Note: 1641505
    as

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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2019/html/ecb.ebbox201905_06~4faabace39.en.html
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    More about this item

    Keywords

    country-specific recommendations; European Commission; European Semester; excessive imbalance procedure; investment; macroeconomic imbalance procedure;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration

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