Economic priorities

In a resolution on economic policy coordination, MEPs focus on the need to increase public and private investment to address the investment gap, improve competitiveness and entrepreneurship, and continue fiscal consolidation. They say the EU should pursue these objectives while ensuring social cohesion and a high standard of living.

MEPs are worried about slow growth and that more turbulent economic times are on the horizon, and call on member states to reduce excessive government deficits. They also warn about rising house prices.

For the first time, MEPs will review the implementation of the EU’s economic governance architecture following its overhaul in 2024. They say member states should be doing more to apply the recommendations given to them, and that they are not consulting their national fiscal watchdogs enough. MEPs say that the Commission should improve its debt sustainability analyses for each member state, since these are key to the proper…