The European Semester in quest of maturity

01'14" 24/02/2016
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Parliament calls for cohesive EU economic policy to make possible efforts to reduce budget deficit, bolster Europe's economies and bring urgently-needed job creation and sustainable growth.
Transcript
Aligning Member State economic policies with the targets set by the EU is the mantra of the European Semester. It is a cycle of 6-month negotiations allowing the 28 EU Member States to coordinate structural reforms and budget policies and preventing macroeconomic disparities within the EU.
It is clear that when there are crises, exceptional circumstances, we are at a loss as to how to handle them. What is needed is governance of the Eurozone, economic, financial and budgetary governance, economic management of the Eurozone, a budget for the Eurozone, we are working towards this.

Jean Arthuis
Group of the Alliance of Liberals and Democrats for Europe
To improve this coordination, MEPs are calling for statistical indicators for measuring the impact of policies adopted.
I propose the introduction of three employment indicators: namely the activity rate, the youth employment rate, and the long-term unemployment rate.
Sofia Ribeiro
Group of the European People's Party (Christian Democrats)
In March 2016, the States will formulate their policy aims for the year ahead. They will be called to take on board the recommendations made in the European Semester negotiations.