This step is part of the 2023 European Semester process , which enables the coordination of member states’ economic, employment and fiscal policies.
Today, the Council agreed its country-specific recommendations on the member states' national reform programmes of 2023 and its opinions on their updated stability or convergence programmes.
I am very pleased that we agreed on country-specific recommendations today. This will further our overall objective to increase growth and strengthen our resilience. Given Russia’s war in Ukraine and the difficult economic situation, securing the resilience of our economies and pursuing responsible fiscal policies is fundamental.
Elisabeth Svantesson, Minister for Finance of Sweden
Next steps
The European Council is expected to endorse the country-specific recommendations at its meeting on 29-30 June.
After that, the Council can proceed with the formal adoptions, which conclude the final stage of the 2023 European Semester process.
Background
Introduced in 2011, the European Semester enables the EU member states to coordinate their economic, fiscal and employment policies throughout the year and address the economic challenges facing the EU.
The Commission assesses EU member states’ national economic policies and budgetary strategies, based on national reform programmes and stability or convergence programmes prepared each year in April.
On this basis, the Commission presents each country with a set of draft country-specific recommendations (CSRs) providing policy guidance on how to boost jobs and growth, while maintaining sound public finances.
On this basis, the Council then adopts country-specific recommendations (CSRs) and opinions. It provides explanations in cases where it does not follow the Commission’s recommendations.
Council
© Council of the European Union
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