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20 January 2014

EIM Economic - December 2013


The Six Pack and Two Pack got underway; the Council agreed to launch 16 in-depth reviews and give opinions on five progress reports.

Summary
  • Linking pension benefits to longevity can nearly halve the costs.
  • Six Pack and Two Pack get underway: Council agrees to launch 16 in-depth reviews and give opinions on 5 progress reports.
  • ECFIN report highlights the significant gains to come from ‘structural reform’.
  • Commission VP Rehn highlighted the smaller fiscal consolidation effort needed in 2014, and the “extraordinary Eurogroup meeting where ministers discussed about each other’s budgets with rigour and in a true spirit of partnership”.

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© Graham Bishop

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