Growth and jobs
Efforts to ensure stability in the euro area and to deepen economic and monetary union are not an end in themselves, but rather a means to revive economic growth and employment in the euro area and across the European Union.
The EU's response to the crisis
Since 2008, the member states, the euro area and the European Union as a whole have taken a broad range of measures to ensure financial stability, support growth and employment and improve economic governance.
The Stability and Growth Pact
Macroeconomic surveillance in the euro area
The Macroeconomic Imbalances Procedure (MIP) aims at preventing and correcting macroeconomic imbalances and to address the causes of persistent economic divergences within the EU. It is part of the European Semester.
Enhanced budgetary surveillance and coordination in the euro area
A new package of legislation, the Two Pack, entered into force in May 2013. Its objective is to improve the transparency and coordination of euro area member states' budgetary planning and decision making processes.
Euro exchange rate