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To the Commissioner responsible for Economic Affairs / Zsolt Darvas, Thomas Wieser, Stavros Zenios

Darvas, Zsolt, 1970-; Wieser, Thomas, 1954-, co-autor ; Zenios, Stauros Andrea, 1959-, co-autor

Braver, greener, fairer / ed. by Maria Demertzis, Guntram Wolff . - Brussels : Bruegel, 2019 . - ISBN978-9-0789-1049-7 . - p. 98-113

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The good news is that the economic situation has considerably improved compared to the first half of this decade. New jobs are being created in every member state. But there are signs the upswing is slowing and the growth potential is weak. In this context, the need for structural reforms remains pressing. Major questions also remain over the euro-area architecture. You should reinforce the European Semester, including by focusing more on climate policies, and push countries to reduce their debts. As part of this, you should establish a European Fiscal Council. More broadly, the low interest rate environment creates the opportunity for a richer discussion on fiscal policy. Meanwhile, progress is needed on deepening the euro area. You should aim to influence the discussion, in particular on completing the banking union and the development of sovereign contingent debt and a euro-area safe asset. [Do autor]

União Europeia; política económica; crescimento económico; política fiscal; estratégia de crescimento da UE; zona euro; investimento da UE

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