This site uses cookies. Learn more about cookies
Below you can see in more detail which cookies we use. You can choose which cookies you accept and then press Save and Close. You can change your cookie settings at any time. Read more about our cookie policies.
The essential search service cookies enable the use of search services and search results. These cookies cannot be disabled by the user.
We use non-essential cookies to collect site visitor statistics and analyse data. Our goal is to develop the quality and content of our website from the perspective of visitors.
Skip main navigation
Direct link to content
The Grand Committee issued its statement on the Government report on the Communication of the European Commission on the EU economic governance review on 6 May.
The Grand Committee deemed the review of the regulatory framework of economic policies a necessary and important initiative. The aim should be to create a framework that is functional also in the long term. The framework should be renewed to better steer the Member States towards debt sustainability. Simultaneously, it should be ensured that the Member States can make the investments required to deliver the green transition. The framework should better enable the Member States to act in proportion to different cyclical conditions, says the Grand Committee in its statement.
The Committee statement SuVL 6/2022 is now available in English here (pdf).
In early March 2022, the Commission adopted a Communication on fiscal policy guidance for 2023. It contained initial observations on key elements for which a consensus in the review of the EU framework could be achieved based on the discussions between the Member States. It was expected that the possible legislative amendments could be discussed in the autumn of 2022.