The new EU economic governance and its impact on the national collective bargaining systems

“The New European Economic Governance (NEEG) began to emerge in 2010 with the adoption of a “European 2020 strategy”, which included the introduction of the socalled “European Semester” as a yearly cycle of European economic policy coordination. This was the point of departure for a set of initiativ...

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Bibliographic Details
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Madrid 2014
Fundacion 1° de Mayo
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19116668124919348409-The-new-eu-economic-governance.htm
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collection Library items
description “The New European Economic Governance (NEEG) began to emerge in 2010 with the adoption of a “European 2020 strategy”, which included the introduction of the socalled “European Semester” as a yearly cycle of European economic policy coordination. This was the point of departure for a set of initiatives and rules developed in the following years, aimed to strengthen economic and budgetary coordination for the EU as a whole and for the euro area in particular. In spite of the lack of a univocal definition, the NEEG can be considered as the new manner of how economic policy is made on the European level (or within the Eurozone) by self-organisation of self-reflexive interdependent actors. It contains the new forms and mechanisms of economic policy’s coordination as well as the new institutional setting. Summarily put, it has been developed through a complex set of initiatives, including: (a) new instruments, such the Macroeconomic Imbalance Procedure, “Rescue” mechanisms, and the European Semester with growth survey; (b) new agreements (Fiscal compact, Europe 2020, Euro+ Pact); (c) new and/or stricter rules (1/20-debt-rule, expenditure rule, min. fiscal effort, more sanctions); and a new institutional setting (Commission and ECB more important; Troika; Eurogroup)7. The consequence of this chain of events is that, in barely three years, the concepts of what the EU and the Eurozone need to do to reform economic governance undergone a radical change, as well as the framework of public action at national and European level."
format TEXT
id 19116668124919348409_b82402eb714a459d842e6eb6f81dbbff
institution ETUI-European Trade Union Institute
is_hierarchy_id 19116668124919348409_b82402eb714a459d842e6eb6f81dbbff
is_hierarchy_title The new EU economic governance and its impact on the national collective bargaining systems
language English
physical 206 p.
Digital
publishDate 2014
publisher Madrid
Fundacion 1° de Mayo
spellingShingle collective bargaining
economic policy
European Union
governance
national level
regulatory impact
trade union document
The new EU economic governance and its impact on the national collective bargaining systems
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=108844692602
title The new EU economic governance and its impact on the national collective bargaining systems
topic collective bargaining
economic policy
European Union
governance
national level
regulatory impact
trade union document
url https://www.labourline.org/KENTIKA-19116668124919348409-The-new-eu-economic-governance.htm