Tag: European Semester

NOVANEWS Adelina Marini EU Matures to the Need to Deal with Non-Performing Loans at the European Level From Sintra to September - ECB Prepares for a Possible Change in Monetary Policy Greece between IMF, German Elections, and the Future of the Euro Area The European Semester for 2017 ended officially at the end of June, when the leaders of member states adopted the Commission's country-specific recommendations. What are the lessons of this year's exercise? The semester was created at the peak of the financial and economic crisis to track countries where economic problems are building up so that there can be a reaction before it is too late. Right from the start, the reaction was set up to be a weak one - the European Commission carries out in-depth analyses of countries whose economi...