EU Commission: European Semester, economic and social challenges. Dombrovskis, “two priorities, competitiveness and security”

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The European Commission released the 2025 European Semester Spring Package today that analyses the key economic and social challenges across the EU and “offers policy guidance to Member States with the aim of strengthening competitiveness, prosperity and resilience”. To that effect, the document includes country-specific recommendations and “promotes reforms and investments aligned with these EU priorities”. The Commission points out that “the policy guidance presented comes at a time of a particularly volatile trade and security environment”. Today’s package also marks the first assessment of Member States’ progress under the revised economic governance framework and their fiscal-structural plans. “Amid rising security challenges, the national escape clause under the Stability and Growth Pact is also drawn upon for the first time”. The aim of this clause is “to facilitate the transition to higher levels of defence expenditure while safeguarding fiscal sustainability”. Commissioner for Economy Valdis Dombrovskis said: “The priorities of this year’s Spring Package can be summarised in two words: competitiveness and security. Indeed, this brings us back to the basics of the European project: peace and prosperity. While the main focus of the European Semester remains fiscal sustainability and macroeconomic stability, it is likewise a key mechanism to coordinate our common push for competitiveness, security, resilience and sustainable prosperity”.

Fonte: Agensir