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Reforming Europe and the Euro Zone

  • Joaquim Miranda Sarmento
Chapter
Part of the Financial and Monetary Policy Studies book series (FMPS, volume 47)

Abstract

The Juncker Presidency presented a set of proposals for 2018 and 2019 (before the end of its mandate, which is scheduled for July 2019, after the European elections in May 2019) to improve the economic and budgetary surveillance of the Economic and Monetary Union and also to strengthen the competitiveness of the European economies. These proposals also seek to strengthen budgetary surveillance, but above all, they will provide the EMU with the means to correct asymmetries, mitigate the effect of recessions or other events resulting in asymmetric shocks, create mechanisms to support the Member States in financial difficulties, and also support structural reforms.

Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  • Joaquim Miranda Sarmento
    • 1
  1. 1.ISEG Lisbon School of Economics and ManagementUniversity of LisbonLisbonPortugal

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