Source: European Parliament
This fact sheet explains the EU’s economic governance framework, including its legal basis, objectives and the main mechanisms used to coordinate and oversee economic and fiscal policies in the EU and the euro area. It explains how the framework aims to monitor, prevent and correct economic and fiscal risks within the broader goal of promoting economic stability and growth in the EU and the euro area. It also outlines Parliament’s role in exercising democratic oversight over the institutions and processes involved in EU economic governance.
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