{"id":135671,"date":"2024-11-27T07:40:09","date_gmt":"2024-11-27T05:40:09","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/first-european-semester-autumn-package-under-new-economic-governance-framework-sets-out-path-for-sound-public-finances-and-sustainable-and-inclusive-growth\/"},"modified":"2024-11-27T07:40:09","modified_gmt":"2024-11-27T05:40:09","slug":"first-european-semester-autumn-package-under-new-economic-governance-framework-sets-out-path-for-sound-public-finances-and-sustainable-and-inclusive-growth","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/first-european-semester-autumn-package-under-new-economic-governance-framework-sets-out-path-for-sound-public-finances-and-sustainable-and-inclusive-growth\/","title":{"rendered":"First European Semester Autumn Package under new economic governance framework sets out path for sound public finances and sustainable and inclusive growth"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/135671\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The Commission has presented the first European Semester Autumn Package since the ambitious and comprehensive reform of the EU&#8217;s new economic governance framework entered into force in April 2024. It is an essential step in delivering on the objectives of the reform to make the framework simpler, more transparent and effective, with greater national ownership.<\/p>\n<p>The new framework supports Member States in achieving macroeconomic stability, growth and fiscal sustainability, which are critical for the EU&#8217;s economic strength in today&#8217;s challenging global environment. It also encourages reforms and investments that will lay the foundations for long-term economic stability and sustainable growth. Ultimately, it helps build a more resilient, fair, competitive, and secure EU economy for the benefit of citizens.<\/p>\n<p>The European Semester Autumn Package comes as the EU economy is returning to modest growth after a prolonged period of stagnation. Looking ahead, while Member States pursue fiscal adjustment where needed, public investment is expected to increase in 2025 in almost all Member States, with a significant contribution from NextGenerationEU&#8217;s Recovery and Resilience Facility and EU funds in several Member States.<\/p>\n<p>The new economic governance framework establishes simpler, and more transparent fiscal rules. It uses a single operational indicator, namely the Member State&#8217;s multi-annual net expenditure path, facilitating the tracking of compliance. The framework also introduces risk-based surveillance tailored to each Member State&#8217;s individual fiscal situation and allows for more gradual fiscal adjustment if underpinned by specific reforms and investments.<\/p>\n<p>The new framework allows for a gradual and realistic reduction of public debt levels, which significantly increased following the COVID-19 pandemic and the subsequent energy crisis. Sound public finances are a prerequisite for macroeconomic stability and sustainable economic growth.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_5922\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_5922\">European Commission<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/first-european-semester-autumn-package-under-new-economic-governance-framework-sets-out-path-for-sound-public-finances-and-sustainable-and-inclusive-growth\/\">First European Semester Autumn Package under new economic governance framework sets out path for sound public finances and sustainable and inclusive growth<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[555,17082],"class_list":["post-135671","post","type-post","status-publish","format-standard","hentry","category-news","tag-csr-news-en","tag-european-semester-autumn-package"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=135671"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135671\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=135671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=135671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=135671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}