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EU-governance to combat the economic and financial crisis

The Netherlands Court of Audit began a project in 2012 to monitor the measures being taken by the European Union (EU) to address the economic and financial crisis. The aim of the project is to inform the Dutch parliament at relevant moments of developments in the economic and financial crisis. This website presents what the project has considered so far. It also provides a first impression of our provisional results. It is a work in progress that will be built upon in the coming period.

The main points of the project are shown in figure 1 below.

EU economic priorities, budgetary discipline, financial stability instruments, supervision EU financial sector.

“WORK IN PROGRESS"

 

engels figuur1

The project analyses the instruments the EU has applied to help countries in financial problems. Three policy ambitions are of particular importance:

  • strengthening budgetary discipline within the EU to prevent comparable problems in the future;
  • achieving the EU's economic priorities;
  • strengthening supervision of the European financial sector.

We understand ‘EU’ to mean not only the 28 member states but also the European institutions such as the Council of Ministers, in which the member states are represented, the European Commission, the European Parliament, the European Court of Justice and the European Court of Auditors. The European Commission plays a key role in combating the economic and financial crisis and is involved in most of the activities being undertaken.


 

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