Economic and fiscal governance

This section explains how the EU monitors national economic policies, and how and when preventive and corrective measures are put in place.

National medium-term fiscal-structural plans (MTPs) bring together the fiscal policy, structural reforms and investments of a Member State.

Find legislation relating to the EU's Stability and Growth Pact

The European Semester is the framework for integrated surveillance and coordination of economic and employment policies across the European Union.

The MIP aims to identify, prevent and address the emergence of potentially harmful macroeconomic imbalances that could adversely affect economic stability in a particular Member State, the euro area, or the EU as a whole.

The recommendations of the European Commission on the economic policy of the euro area.

Economic governance in the EU has been reinforced and refined over time, evolving in the context of historical developments.

Green budgeting means using the tools of budgetary policymaking to help achieve climate and environmental goals.

National Productivity Boards are independent institutions that help to analyse economic productivity and competitiveness developments and challenges.