European Semester Autumn 2018 Package: Striving for sustainable and inclusive growth

The Commission today sets out its views on the EU’s economic, fiscal and social priorities for the year ahead, building on the guidance from President Juncker‘s 2017 State of the Union address and on the latest economic data from the Commission’s Autumn 2017 Economic Forecast. The 2018 European Semester cycle of economic governance starts against the backdrop of robust economic activity in the euro area and the EU, record high employment rates and unemployment rates declining towards pre-crisis levels. As all Member States contribute to this strong growth momentum, the priority now is to make sure that this lasts and brings benefits to all members of our societies. Structural reforms should focus on creating the conditions to boost investments further and to increase real wage growth to support domestic demand. A press release and memo are available online. The remarks of Vice-President Dombrovskis, Commissioner Thyssen and Commissioner Moscovici at the press conference will be available online soon. Further information is available on the European Semester and DG ECFIN websites.