Annual Growth Survey 2013
The Annual Growth Survey for 2013 launches the 2013 European semester for economic policy coordination, which ensures Member States align their budgetary and economic policies with the Stability and Growth Pact and the Europe 2020 strategy. It is the basis for building a common understanding about the priorities for action at the national and EU level as the EU seeks to return to a path of sustainable growth and job creation. The Annual Growth Survey should feed into national economic and budgetary decisions, which Member States will set out in Stability and Convergence Programmes (under the Stability and Growth Pact) and National Reform Programmes (under the Europe 2020 strategy) in April. These programmes will form the basis for the European Commission's proposals for country-specific recommendations in May.
One of the conclusion of this survey is that on the expenditure side of government budgets, it is essential to look at the overall efficiency and effectiveness of spending. While the situation differs across countries, the Commision has recommended being selective where cuts are envisaged so as to preserve future growth potential and social safety nets.
Source: EC
- Other
English
2012
- International; Other
- Cross-thematic/Interdisciplinary
-
Annual_Growth_Survey.pdf (pdf, 108.39Kb)
Entry created by Danaja Lorencic on December 21, 2012
Modified on December 21, 2012
