The European Commission launched, on Wednesday 24 November, the 2022 European Semester cycle of economic policy coordination, in a context marked by a solid economic recovery, despite several uncertainties such as the impact of the Covid-19 pandemic.
Based on the autumn economic forecasts, which anticipate 5% GDP growth in the euro area and the European Union (see EUROPE B12831A17), the ‘European Semester’ fiscal package sets out the European Commission’s broad socio-economic...