12/07/2016 (Agence Europe) - Adoption of peer country recommendations. On Tuesday 12 July, the Ecofin Council adopted socio-economic policy recommendations for all member states except Greece (EUROPE 11553). These recommendations are based on stimulating investment, pursuing structural reforms and budgetary responsibility, explained the Commissioner for the Euro, Valdis Dombrovskis. He also said that the recommendations targeting Spain and Portugal had been amended in a way to reflect the decision of the Ecofin council, according to which, Madrid and Lisbon have not sufficiently taken into account follow-up measures for correcting their excessive deficits (see other article). (MB)