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European Parliament 20242029Committee on Employment and Social Affairs2024/2084(INI) 10.1.2025AMENDMENTS 1 271 Draft report Maravillas Abada Jover (PE766.649v0200) European Semester for economic policy
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The European Semester is a process of coordinated economic policy-making within the European Union, aimed at ensuring that member states align their economic policies with the EU's goals and rules.
All EU member states are required to participate in the European Semester and file their national reform programs and stability or convergence programs.
Member states must draft their national reform programs and convergence programs, outlining economic policies and strategies, and submit them through designated platforms by specific deadlines set by the EU.
The purpose of the European Semester is to monitor and coordinate economic policies across the EU to promote growth, stability, and convergence among member states.
Member states must report on economic forecasts, budgetary plans, structural reforms, and progress towards achieving agreed EU objectives, including details on fiscal discipline and economic growth strategies.
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