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Economic governance and growth and jobs

<p>© AKS, Fotolia.com</p>

© AKS, Fotolia.com

The European Council has launched the 2013 European Semester on the basis of the Commission's Annual Growth Survey. The European Semester involves coordination of the member states' economic, fiscal and employment policies during a six-month period each year, with the broader EU aim to strengthen economic governance.

 

In 2013, member states and the EU should continue to focus on five priorities, namely to:

–     pursue differentiated, growth-friendly, fiscal consolidation,

–     restore normal lending to the economy,

–     promote growth and competitiveness,

–     tackle unemployment and the social consequences of the crisis, and

–     modernise public administration.

 

The Council will examine the Annual Growth Survey package in accordance with the roadmap presented by the incoming Irish Presidency. It will follow the recommendations outlined in the Presidency report on lessons learned from the 2012 European Semester and provide its views to the March 2013 European Council.

 

The completion of the single market is a key element in the EU's response to the financial, economic and social crisis. The European Council welcomed the results achieved on important issues such as the Unitary Patent and resolutions for certain consumer disputes. Work should be speeded up on professional qualifications, public procurement, posting of workers, and e-signature and e-identification with a view to a rapid conclusion.

 

Youth employment is linked to the European Semester exercise. The European Council welcomes the progress made towards a comprehensive EU approach to youth employment. It calls on the Council to promote work on, in particular, Youth Guarantee Schemes in order to ensure that all young people up to age 25 receive a quality offer of a job, continued education, an apprenticeship or a traineeship within four months of leaving formal education or becoming unemployed.

 

 

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