10 Dec, 2021

The EU economy after COVID-19 – implications for economic governance

Picture of blue EU flag with yellow stars

With this new Communication, the European Commission is relaunching the public debate on the review of the EU’s economic governance framework. The debate was first launched in February 2020 but later suspended to focus on responding to the economic and social impact of the COVID-19 pandemic.

In the Communication, the Commission takes stock of the changed circumstances for economic governance in the aftermath of the crisis and invites all stakeholders to present their views on how to enhance the effectiveness of the framework.

The Communication proposes to structure the public debate around eleven questions. Eight of these questions were already included in the February 2020 Communication and are based on the experience with the governance framework prior to the COVID-19 outbreak. The two new questions are on the new challenges arising from the COVID-19 crisis and on the lessons learned from the Recovery and Resilience Facility.

Citizens, organisations, and public authorities are invited to submit their contributions by 31 December 2021.

The aim of the public debate is to build a broad-based consensus on the way forward well in time for 2023.

COFACE Families Europe will respond to the consultation, using its Economic Principles: Towards an Economy which Cares as a starting point.

 


 

Photo:  ©Pixabay via Canva.com

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