Page contents Page contents MandatIl-Bord twaqqaf wara r-Rapport tal-Ħames Presidenti “Nikkompletaw l-Unjoni Ekonomika u Monetarja tal-Ewropa”, bl-għan li jissaħħaħ il-qafas ta’ governanza ekonomika attwali.Ir-responsabbiltajiet ewlenin tal-EFB humal-Artikolu 24 tar-Regolament (UE) 2024/1263il-forniment ta’ evalwazzjoni ex post f’waqtha tal-implimentazzjoni tal-qafas ta’ governanza fiskali tal-Unjonil-għoti ta’ pariri dwar il-pożizzjoni fiskali prospettiva xierqa għaż-żona tal-euro kollha kemm hi, kif ukoll dwar il-pożizzjonijiet fiskali nazzjonali xierqa li huma konsistenti miegħu skont ir-regoli tal-Patt ta’ Stabbiltà u Tkabbirl-għoti ta’ pariri fuq talba tal-Kummissjoni jew tal-Kunsill, dwar l-implimentazzjoni tal-Patt ta’ Stabbiltà u Tkabbir, inkluż dwar l-estensjoni tal-klawżola liberatorja ġenerali f’konformità mal-Artikolu 25 tar-Regolament (UE) 2024/1263il-kooperazzjoni mill-qrib mal-istituzzjonijiet fiskali indipendenti kif imsemmi fl-Artikolu 8a tad-Direttiva 2011/85/UEl-għoti ta’ suġġerimenti għall-iżvilupp futur tal-qafas fiskali.KompożizzjoniFis-16 ta’ April 2025, il-Kummissjoni ħatret membri ġodda tal-Bord Fiskali Ewropew. Il-ħatra ssegwi sejħa għal espressjonijiet ta’ interess ippubblikata f’Il-Ġurnal Uffiċjali tal-Unjoni Ewropea fis-7 ta’ Awwissu 2024 u l-proċess tal-għażla strutturat deskritt fid-Deċiżjoni tal-Kummissjoni 2115/2024 inkluża konsultazzjoni mal-Parlament Ewropew u mal-Kunsill.HASEKAMP PieterPresident tal-Bord Fiskali Ewropew Pieter Hasekamp ilu d-direttur tal-Bureau tas-CPB tan-Netherlands għar-Riċerka dwar il-Politika Ekonomika minn Marzu 2020. Pubblikazzjonijiet ġenerali23 April 2025Pieter Hasekamp Short Biography JANEBA Eckhard Membru tal-Bord Fiskali Ewropew Eckhard Janeba huwa professur tal-ekonomija pubblika u l-politika ekonomika fl-Università ta’ Mannheim. Pubblikazzjonijiet ġenerali23 April 2025Eckhard Janeba Short Biography KOPITS GeorgeMembru tal-Bord Fiskali Ewropew George Kopits huwa eks assistent direttur tal-Fond Monetarju Internazzjonali u president fundatur tal-Kunsill Fiskali, fl-Ungerija. Pubblikazzjonijiet ġenerali23 April 2025George Kopits Short Biography MARZINOTTO BenedictaMembru tal-Bord Fiskali Ewropew Benedicta Marzinotto hija Professur Aġġunt fl-Università Johns Hopkins, Professur mistieden fil-Kulleġġ tal-Ewropa u Assistent Professur tal-Politika Ekonomika fl-Università ta’ Udine. Pubblikazzjonijiet ġenerali23 April 2025Benedicta Marzinotto Short Biography RODRÍGUEZ LucíaMembru tal-Bord Fiskali Ewropew Lucía Rodríguez hija membru indipendenti tal-Bord tal-Bank ta’ Spanja, kif ukoll membru indipendenti tal-Kumitat Eżekuttiv tiegħu. Pubblikazzjonijiet ġenerali23 April 2025Lucía Rodríguez Short Biography Membri preċedenti tal-Bord 2016–2024SegretarjatLARCH MartinKap tas-Segretarjat Jimmaniġġja s-segretarjat tal-Bord Fiskali Ewropew (EFB).Is-segretarjat jikkonsisti minn Kap tas-Segretarjat u membri tal-istaff ta’ sostenn iddedikati. Hu responsabbli għall-attivitajiet li ġejjin:Jassisti fil-proċess tat-teħid tad-deċiżjonijiet tal-Bord billi jħejji l-laqgħat tal-Bord;Jipprovdi appoġġ analitiku, statistiku, amministrattiv u loġistiku ta’ kwalità għolja lill-Bord taħt id-direzzjoni taċ-Chair tal-Bord;Jiżgura kooperazzjoni mal-kunsilli fiskali nazzjonali.Rapporti u pubblikazzjonijiet Report22 Ottubru 20252025 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its ninth annual report Report23 Ġunju 2025The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2026The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2026 Report2 Ottubru 20242024 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its eigth annual report Report6 Settembru 2024Public investment: The orphan of politicsThe Secretariat of the European Fiscal Board published a new VoxEU.org column discussing the determinants of public investment in the EU Member States and in particular the role of EU fiscal rules. Report5 Lulju 2024Demographic trends and EU fiscal rulesThe Secretariat of the European Fiscal Board published a new VoxEU.org column that looks at possible implications of adverse demographic trends on public finances of EU Member States Report3 Lulju 2024The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2025The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2025 Report7 Ġunju 2024The independence of fiscal councils in the EUThe Secretariat of the European Fiscal Board Published a new VoxEU.org column highlighting the Independence of Fiscal Councils in the EU Report24 Ottubru 2023Glossy icing on a not-so-savoury base: EU fiscal policies in 2022The Secretariat of the European Fiscal Board published a new VoxEU.org column spotlighting Chapter 2 of the EFB’s 2023 Annual Report Report4 Ottubru 20232023 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its seventh annual report Report28 Ġunju 2023The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2024The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2024 Report22 Mejju 2023The far side of the EU’s expenditure benchmark The Secretariat of the European Fiscal Board published a VoxEu column Report26 Ottubru 20222022 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its sixth annual report 14 Ottubru 2022Exceptional times and old habits: EU fiscal policies in 2021The Secretariat of the European Fiscal Board published a VoxEu column exploring the long-standing issues in EU fiscal surveillance in the context of 2021. 13 Settembru 2022Making the EU and national budgetary framework work togetherEFB members published a column on VoxEU.org addressing the constraints of EU fiscal policy and suggesting possible solutions. Report27 Ġunju 2022Fiscal policy staying the course in troubled timesThe European Fiscal Board and its Secretariat published a short article on VoxEU summarizing the main messages of the latest assessment report. 22 Ġunju 2022The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2023The European Fiscal Board (EFB) has published today the assessment of the appropriate fiscal stance for the euro area in 2023 Report13 Ġunju 2022Adjusting ambitions: The EU’s short ‘romance’ with the debt reduction ruleThe Secretariat of the European Fiscal Board published an article on VoxEU.org 16 Marzu 2022Public finances and climate change in the post-pandemic eraThe European Fiscal Board and its Secretariat published a short piece on VoxEU summarizing the highlights of the Annual Conference Agenda29 Novembru 2021Optimism is bad for fiscal outcomesThe Secretariat of the European Fiscal Board published an article on SUERF Report10 Novembru 20212021 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its fith annual report Report16 Ġunju 2021The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2022The European Fiscal Board (EFB) has published today the assessment of the appropriate fiscal stance for the euro area in 2022 19 Mejju 2021Economic growth as the ultimate constraint: EU fiscal policies in 2020The Secretariat of the European Fiscal Board published a short article on VoxEU 8 Marzu 2021Rules-based fiscal frameworks under stressThe European Fiscal Board and its Secretariat published a short article on VoxEU summarizing the main conclusions of the Annual Conference 26 Ottubru 2020Reforming the EU fiscal framework: Now is the timeThe European Fiscal Board and its Secretariat published a short article on VoxEU 20 Ottubru 20202020 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its fourth annual report 24 Settembru 2020Tracking compliance with EU fiscal ruleThe Secretariat of the EFB published a short article on VoxEU Report1 Lulju 2020Assessment of the fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area 24 Marzu 2020Statement by the European Fiscal Board on Covid 19Statement of European Fiscal Board on Covid 19 Report29 Ottubru 20192019 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its third annual report Report11 Settembru 2019Assessment of EU fiscal rules with a focus on the six and two-pack legislationThe European Fiscal Board (EFB) published its assessment of EU fiscal rules with a focus on the six and two-pack legislation. Study24 Lulju 2019eBook on the EFB workshop on ‘Independent Fiscal Institutions in the EU Fiscal Framework'The European Fiscal Board (EFB) published this ebook which contains articles presented at its 2019 workshop. Report25 Ġunju 2019Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area Report10 Ottubru 20182018 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its second annual report 26 Settembru 2018Reforming the EU fiscal framework: A proposal by the European Fiscal BoardThe EFB and its Secretariat published a short article on VoxEU Report18 Ġunju 2018Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area 6 Marzu 2018Relocation of the Danish Economic Council away from the Copenhagen areaThe European Fiscal Board issued a statement on the relocation of the Danish Economic Council away from the Copenhagen area Report15 Novembru 20172017 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its first annual report Report20 Ġunju 2017Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board published its first report on the overall direction of fiscal policy in the single currency area. Riċerka Study9 Settembru 2025The role of the European Fiscal Board in the economic governance frameworkArticle by Laszlo Jankovics and Martin Larch published in Revue de l'euro Study10 Frar 2025Some Intergenerational Arithmetic to Control Public Debt in the EUArticle published as CESifo Working Paper Study24 Jannar 2025The enforcement dilemma of EU fiscal rulesArticle published in Economics & Politics Study4 Settembru 2024Comply and invest: The effect of EU fiscal rules on public investmentArticle published in the research paper series of the College of Europe, Bruges Study15 Lulju 2023Solving the enforcement dilemma of the EU fiscal rulesArticle published as SUERF Policy Brief Study29 Marzu 2023Study on "Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU" Study published in Journal of International Money and Finance Study31 Jannar 2023Numerical Compliance with EU Fiscal Rules: Facts and Figures from a New DatabaseOur research was published in Intereconomics Study15 Novembru 2022Study on Assessment of the EU’s fiscal framework and the way forward: persisting tensions between risk reduction and risk sharingNew research published in Bruges European Economic Research Papers Study29 Marzu 2022Study on "Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU"New research published as Discussion Paper of the Centre for Economic Policy Research (CEPR) Study30 Novembru 2021Enforcement of Fiscal Rules: Lessons From the Fiscal CompactThe Secretariat of the European Fiscal Board published a ZEW discussion paper. Study31 Marzu 2021Study on “Fiscal stabilisation in real time: An exercise in risk management”Our research was published in Economic Modelling. Study15 Jannar 2021Study on ‘Do EU Fiscal Rules Support or Hinder Counter-Cyclical Fiscal Policy?Our research was published in the Journal of International Money and Finance. Study1 Lulju 2020Study on ‘Numerical compliance with EU fiscal rules: The compliance database of the Secretariat of the European Fiscal BoardThis study presents a new database developed by the secretariat of the EFB that tracks numerical compliance with the four main rules of the SGP. Study24 Lulju 2019eBook on the EFB workshop on ‘Independent Fiscal Institutions in the EU Fiscal Framework'The European Fiscal Board (EFB) published this ebook which contains articles presented at its 2019 workshop. Study6 Mejju 2019Study on ‘Fiscal Policy and the Assessment of Output Gaps in Real Time: an Exercise in Risk Management’Study on ‘Fiscal Policy and the Assessment of Output Gaps in Real Time: an Exercise in Risk Management’ It-tracker tal-konformitàMill-2019, is-segretarjat tal-Bord Fiskali Ewropew jaġġorna regolarment l-informazzjoni dwar il-politiki baġitarji fl-Istati Membri tal-UE fir-rigward tar-regoli tal-Patt ta’ Stabbiltà u Tkabbir (PST). Ir-riżultati huma mqassrin u ppreżentati f’għodda faċli għall-utent, it-TRACKER TAL-KONFORMITÀ. Il-bażi tad-data tiddokumenta l-konformità numerika b’kuntrast ma’ dik legali. Hi tivvaluta jekk f’termini purament kwantitattivi l-aggregati fiskali rilevanti – il-bilanċ baġitarju, il-proporzjon tad-dejn mal-PDG jew in-nefqa tal-gvern – evolvewx f’konformità mal-kors ta’ azzjoni ewlieni implikat mir-regoli jew le. Il-konformità numerika hi differenti mill-konformità legali, peress li din tal-aħħar tinvolvi interpretazzjonijiet legali jew marġni ta’ diskrezzjoni permessi mill-ittra jew l-ispirtu tal-PST.Tracker tat-tbassirMill-2025, is-segretarjat tal-Bord Fiskali Ewropew qed jaġġorna bażi tad-data bi tbassir uffiċjali rilevanti għas-sorveljanza fiskali tal-UE. Ir-riżultati jinġabru fil-qosor u jiġu ppreżentati f’għodda faċli għall-utent, it-TRACKER TAT-TBASSIR. L-għodda tiddokumenta l-prestazzjoni tat-tbassir billi tqabbel il-projezzjonijiet mal-eżiti u tipprovdi miżuri statistiċi tal-akkuratezza tat-tbassir. F’dan l-istadju, l-għodda tinkludi l-projezzjonijiet makroekonomiċi tal-Kummissjoni Ewropea, li jservu bħala parametri referenzjarji fil-qafas ta’ sorveljanza fiskali tal-UE, u l-projezzjonijiet li jirfdu l-pjanijiet baġitarji tal-Istati Membri tal-UE. L-iżvilupp li jmiss tal-għodda se jinkorpora l-projezzjonijiet li jirfdu l-programmi ta’ stabbiltà u konverġenza tal-Istati Membri kollha tal-UE.Dokumenti 13 NOVEMBRU 2017Factsheet: the European Fiscal Board Ir-Rapport tal-Ħames PresidentiId-Deċiżjoni tal-Kummissjoni (UE) Nru 2015/1937 tal-21 ta’ Ottubru 2015 li tistabbilixxi Bord Fiskali Ewropew konsultattiv indipendentiId-Deċiżjoni tal-Kummissjoni (UE) Nru 2016/221 tat-12 ta’ Frar 2016 li temenda d-Deċiżjoni (UE) 2015/1937 li tistabbilixxi Bord Fiskali Ewropew konsultattiv indipendentiId-Deċiżjoni tal-Kummissjoni (UE) 2022/1946 tal-10 ta’ Ottubru 2022 li temenda d-Deċiżjoni (UE) 2015/1937 fir-rigward tat-tul tal-mandat tal-membri tal-Bord Fiskali EwropewIr-Regolament (UE) 2024/1263 tal-Parlament Ewropew u tal-Kunsill tad-29 ta’ April 2024 dwar il-koordinazzjoni effettiva tal-politiki ekonomiċi u dwar is-sorveljanza baġitarja multilaterali u li jħassar ir-Regolament tal-Kunsill (KE) Nru 1466/97Id-Deċiżjoni tal-Kummissjoni (UE) 2024/2115 tad-29 ta’ Lulju 2024 li tistabbilixxi Bord Fiskali Ewropew konsultattiv indipendenti u li tħassar id-Deċiżjoni (UE) 2015/1937Regoli ta’ Proċedura tal-Bord Fiskali EwropewIl-Bord Fiskali Ewropew: Mistoqsijiet u TweġibietAvvenimentiAvvenimenti tal-EFBAVVENIMENT | 14 ta’ Novembru 2025Is-seba’ konferenza annwali tal-Bord Fiskali Ewropew seħħet fi Brussell. L-avveniment tnieda b’diskors ewlieni mill-Kummissarju Valdis Dombrovskis. Matul il-jum, dawk li jfasslu l-politika, l-ekonomisti u l-esperti ewlenin esploraw l-implikazzjonijiet tal-klawżoli liberatorji nazzjonali fil-qafas tal-governanza ekonomika l-ġdid.Il-programm finali jinsab hawnhekk.Il-preżentazzjonijiet huma disponibbli hawnhekk. AVVENIMENT | 22 ta’ Ottubru 2025Il-Bord Fiskali Ewropew ippreżenta d-disa’ rapport annwali tiegħu lill-midja. AVVENIMENT | 16 ta’ Ottubru 2025Pieter Hasekamp, il-President tal-EFB, ippreżenta r-Rapport Annwali tal-2025 lill-Kulleġġ tal-Kummissarji. Ir-rapport se joħroġ dalwaqt. Żomm ruħek aġġornat. AVVENIMENT | 7 ta’ Lulju 2025Pieter Hasekamp, il-President il-ġdid tal-Bord Fiskali Ewropew (l-ewwel mil-lemin), ippreżenta l-aħħar valutazzjoni tal-EFB tal-pożizzjoni fiskali xierqa għaż-żona tal-euro lill-Grupp tal-Euro fi Brussell. AVVENIMENT | 2 ta’ Ottubru 2024Niels Thygesen, il-President tal-EFB, jippreżenta l-aħħar Rapport Annwali tat-tim attwali tal-EFB lill-kulleġġ tal-Kummissjoni fi Brussell. AVVENIMENT | 15 ta’ Lulju 2024Niels Thygesen, il-President tal-EFB, ipparteċipa fil-Grupp tal-Euro biex jiddiskuti l-pożizzjoni fiskali xierqa għaż-żona tal-euro fl-2025. AVVENIMENT | 17 ta’ Mejju 2024Is-Sitt Konferenza Annwali tal-Bord Fiskali Ewropew (EFB): Ir-rwol ta’ konsulenza indipendenti dwar il-politika fiskali. Il-programm finali jinsab hawnhekk.Messaġġi bil-video, papers u preżentazzjonijiet huma disponibbli hawnhekk.AVVENIMENT | 3 ta’ Ottubru 2023 Il-Prof. Niels Thygesen jippreżenta s-seba’ rapport annwali tal-EFB lill-Kulleġġ tal-Kummissarji fi Strasburgu.AVVENIMENT | 28 ta’ Ġunju 2023Il-Prof. Niels Thygesen jippreżenta l-aħħar rapport tal-EFB li jivvaluta l-pożizzjoni fiskali taż-żona tal-euro lill-Kulleġġ tal-Kummissarji. AVVENIMENT | 11 ta’ Mejju 2023Iċ-ċentralizzazzjoni vs id-deċentralizzazzjoni tal-qafas fiskali tal-UE. Il-Ħames Konferenza Annwali tal-Bord Fiskali Ewropew Ir-recording tal-ħames konferenza annwali tal-EFB, intitolata “Ċentralizzazzjoni vs deċentralizzazzjoni tal-qafas fiskali tal-UE”, hu disponibbli hawnhekk. Il-programm finali jinsab hawnhekk.Messaġġi bil-video, papers u preżentazzjonijiet huma disponibbli hawnhekk.AVVENIMENT | 13 ta’ April 2023Martin Larch, il-Kap tas-Segretarjat tal-EFB, ipparteċipa fil-15-il konferenza annwali tal-OECD tal-Grupp ta’ Ħidma tal-Uffiċjali tal-Baġit Parlamentari u l-Istituzzjonijiet Fiskali Indipendenti. AVVENIMENT | 30 ta’ Novembru 2022 Fit-30 ta’ Novembru, il-President tal-EFB u l-membri tal-Bord iltaqgħu mal-FMI dwar iż-żjara tal-istaff taż-żona tal-euro tal-2022.AVVENIMENT | 1 ta’ Settembru 2022 Fl-1 ta’ Settembru, il-President tal-EFB iltaqa’ mal-Viċi President Eżekuttiv Dombrovskis biex jiddiskuti r-rieżami tal-governanza ekonomika.AVVENIMENT | 11 ta’ Lulju 2022 Fil-11 ta’ Lulju, il-President tal-EFB iddiskuta l-aħħar rapport ta’ valutazzjoni mal-ministri tal-finanzi taż-żona tal-euro fil-laqgħa tal-Grupp tal-Euro.AVVENIMENT | 22 ta’ Ġunju 2022Fit-22 ta’ Ġunju, il-President tal-Bord Fiskali Ewropew ippreżenta l-aħħar rapport ta’ valutazzjoni dwar il-pożizzjoni fiskali xierqa għaż-żona tal-euro lill-kulleġġ tal-Kummissarji fi Brussell. AVVENIMENT | 20 ta’ Ġunju 2022Fl-20 ta’ Ġunju, il-President tal-Bord Fiskali Ewropew għamel diskors ewlieni fil-konferenza “Għaxar Snin tal-Kunsill Portugiż tal-Finanzi Pubbliċi”. Il-Kunsill tal-Finanzi Pubbliċi Portugiż iċċelebra l-10 anniversarju tal-ħatra tal-Bord Superjuri. (Ritratt ta’ Rafael G. Antunes / Kunsill Portugiż tal-Finanzi Pubbliċi)AVVENIMENT | 20 ta’ Ġunju 2022Il-Bord Fiskali Ewropew iltaqa’ mal-FMI dwar iż-żjara tal-istaff taż-żona tal-euro fl-2022. AVVENIMENT | 19 ta’ Mejju 2022 Fid-19 ta’ Mejju, il-membri tal-EFB iltaqgħu ma’ EVP Dombrovskis biex jiskambjaw fehmiet dwar l-orjentazzjonijiet tal-politika fiskali.AVVENIMENT | 12 ta’ Mejju 2022Fit-12 ta’ Mejju, il-President tal-EFB u l-membri tal-Bord iltaqgħu mal-Kummissarju Gentiloni biex jiskambjaw fehmiet dwar sett wiesa’ ta’ kwistjonijiet ta’ politika fiskali.Finanzi Pubbliċi u Tibdil fil-Klima fl-Era ta’ wara l-Pandemija | Ir-Raba’ Konferenza Annwali tal-Bord Fiskali Ewropew | 25 ta’ Frar 2022 Ir-recording tal-Konferenza Annwali tal-Bord Fiskali Ewropew dwar “Il-Finanzi Pubbliċi u t-Tibdil fil-Klima fl-Era ta’ Wara l-Pandemija” hu disponibbli hawnhekk. Il-programm finali jinsab hawnhekk.Messaġġi bil-video, papers u preżentazzjonijiet huma disponibbli hawnhekk.AVVENIMENT | 25 ta’ Jannar 2022 Fil-25 ta’ Jannar 2022, il-membri tal-EFB iltaqgħu mal-Kummissarju Paolo Gentiloni biex jiskambjaw fehmiet dwar ir-rieżami tal-governanza ekonomika.AVVENIMENT | 11 ta’ Jannar 2022 Fil-11 ta’ Jannar, il-President tal-EFB Niels Thygesen u l-membri tal-Bord iltaqgħu ma’ EVP Dombrovskis biex jiddiskutu l-programm ta’ ħidma tal-EFB għall-2022 u jiskambjaw fehmiet dwar ir-rieżami tal-governanza ekonomika tal-UE.AVVENIMENT | 18 ta’ Novembru 2021 Niels Thygesen, il-President tal-EFB jippreżenta r-rapport tal-2021 lill-Kumitat ECON tal-Parlament Ewropew. AVVENIMENT | 10 ta’ Novembru 2021 Fl-10 ta’ Novembru, il-President tal-Bord Fiskali Ewropew ippreżenta l-aħħar rapport annwali tal-Bord lill-kulleġġ tal-Kummissarji fi Brussell.AVVENIMENT | 25 ta’ Ottubru 2021 Il-Bord Fiskali Ewropew kellu skambju ta’ fehmiet dwar il-politika fiskali tal-UE mal-FMI bħala parti miż-żjara tal-istaff taż-żona tal-euro tiegħuAVVENIMENT | 19 ta’ Mejju 2021 Il-Bord Fiskali Ewropew iltaqa’ mal-FMI dwar iż-żjara tal-istaff taż-żona tal-euro fl-2021. L-iskambju ffoka fuq l-iżviluppi u l-prospetti fiskaliAVVENIMENT | 23 ta’ April 2021 F’Diskussjoni Madwar Mejda ta’ Livell Għoli tas-CSEP-IMF Niels Thygesen jirrifletti dwar l-istorja u l-prestazzjoni tal-qafas fiskali tal-UE: Diskussjoni madwar mejda | L-iżgurar ta’ finanzi sostenibbli u oqfsa fiskali fuq medda medja ta’ żmien: Esperjenza internazzjonali u rilevanza għall-Indja – CSEPAVVENIMENT | 21 ta’ April 2021 F’Seminar ta’ livell għoli tal-MES dwar is-Sostenibbiltà tad-Dejn, Xavier Debrun - membru tal-EFB - iwissi kontra li wieħed jinjora l-iżviluppi tad-dejn fi żminijiet ta’ rati tal-imgħax baxxi.AVVENIMENTI | 11 ta’ Marzu 2021 Iċ-Chair tal-EFB iddiskuta l-iżvilupp futur tal-Patt ta’ Stabbiltà u Tkabbir fid-dawl tal-esperjenza reċenti fil-laqgħa tan-network tal-EUNIFI. L-EFB kellu skambju ta’ fehmiet mal-OECD dwar il-qafas ta’ governanza ekonomika tal-UE.AVVENIMENT | 26 ta’ Frar 2021 Konferenza tal-Bord Fiskali Ewropew dwar “Dejn Għoli, Rati Baxxi u Eventi ta’ Titrif: L-Oqfsa Fiskali Bbażati fuq ir-Regoli taħt Stress”. Il-programm sħiħ jinsab hawnhekk.ĠODDA – Diskorsi sħaħ, papers u preżentazzjonijiet sħaħ disponibbli hawnhekk.AVVENIMENT | 28 ta’ Jannar 2021 Iċ-Chair tal-EFB ikkontribwixxa għal panel ta’ politika eminenti fil-webinar tal-politika fiskali tal-ECFIN ta’ din is-sena li għalih attendew kważi 400 parteċipant.AVVENIMENT | 1 ta’ Lulju 2020 Iċ-Chair tal-EFB kien fi Brussell biex jippreżenta l-aħħar rapport tal-politika fiskali fiż-żona tal-euro. Hu ltaqa’ mal-President von der Leyen u mal-kulleġġ tal-Kummissarji biex jiddiskutu l-messaġġi ewlenin tal-analiżi l-ġdida.AVVENIMENT | 2 ta’ Marzu 2020 Iċ-Chair tal-EFB ikkontribwixxa għal panel ta’ livell għoli fil-BĊE dwar l-isfidi tal-politika fiskali fl-istadju attwali. L-avveniment laqqa’ flimkien esperti tal-finanzi pubbliċi tas-Sistema Ewropea tal-Banek Ċentrali u istituzzjonijiet fiskali indipendenti.AVVENIMENT | 28 ta’ Frar 2020 Konferenza tal-Bord Fiskali Ewropew dwar “Nikkunsidraw mill-ġdid il-Qafas Fiskali Ewropew” organizzata b’mod konġunt maċ-Ċentru għar-Riċerka dwar il-Politika Ekonomika (CEPR) u ċ-Ċentru ta’ Amsterdam għall-Istudji Ewropej (ACES). Ir-rapport sħiħ jinsab disponibbli hawnhekk.L-aħjar li jista’ jingħad dwar l-esperjenza bil-qafas fiskali Ewropew attwali hu li hi mħallta, kif wera l-Bord Fiskali Ewropew fir-rapport ta’ evalwazzjoni reċenti tiegħu dwar ir-regoli fiskali tal-UE. Tabilħaqq, hemm diskussjoni sostanzjali dwar kif dawn jistgħu jiġu riveduti bl-aħjar mod. Din il-konferenza tiddiskuti mill-ġdid ir-regoli fiskali tal-UE. Madankollu, hi tikkunsidra b’mod usa’ l-arranġamenti tal-UE billi tesplora l-każ għal kapaċità fiskali ċentrali u “arranġamenti tal-ħolm” abbażi ta’ reviżjoni sħiħa tal-qafas fiskali attwali.ĠODDA – Rekords, papers u preżentazzjonijiet sħaħ disponibbli hawnhekk.AVVENIMENT | 28 ta’ Jannar 2020 Flimkien ma’ rappreżentanti ta’ livell għoli tal-FMI, l-OECD u l-BĊE, l-EFB ikkontribwixxa għal dibattitu dwar “Regoli Fiskali fl-Ewropa: Disinn u Infurzar" organizzata mid-Direttorat Ġenerali għall-Affarijiet Ekonomiċi u Finanzjarji tal-Kummissjoni Ewropea fi Brussell. AVVENIMENT | 15 ta’ Jannar 2020 Pożizzjoni waħda ta’ Membru tal-Bord Fiskali Ewropew hi vakanti. Is-sejħa għal espressjonijiet ta’ interess ġiet ippubblikata fil-Ġurnal Uffiċjali: 2020/C 13/08AVVENIMENT | 17 ta’ Jannar 2020 Martin Larch, il-Kap tas-Segretarjat tal-Bord Fiskali Ewropew, kellu l-opportunità li jiltaqa’ mar-rappreżentanti tal-Parlamenti nazzjonali f’avveniment organizzat mill-Parlament Ewropew fi Brussell.AVVENIMENT | 11 ta’ Diċembru 2019 © Unjoni Ewropea 2019 – PE/fotografuNiels Thysgesen kien jagħmel parti minn grupp ta’ esperti mistieden għal workshop tal-kumitat tal-ECON tal-Parlament Ewropew li ddiskuta modi biex jiġi ssimplifikat il-Patt ta’ Stabbiltà u Tkabbir: http://www.europarl.europa.eu/cmsdata/192044/Draft_programme_WS_on_SGP_simplification-original.pdfAVVENIMENT | 18 ta’ Novembru 2019 Mateusz Szczurek u Martin Larch, kienu fi Praga biex jiltaqgħu mall-istituzzjoni fiskali indipendenti nazzjonali l-aktar reċenti fl-UE, il-kunsill fiskali Ċek. Il-laqgħa kienet sponsorjata mir-rappreżentanza tal-UE u offriet l-opportunità għal skambju siewi ta’ fehmiet u esperjenzi.AVVENIMENT | 15 ta’ Novembru 2019 Fil-15 ta’ Novembru 2019, il-Prof. Roel Beetsma, Membru tal-Bord Fiskali Ewropew, ġie mistieden jiddiskuti paper ta’ Olivier Blanchard dwar il-politika fiskali f’ambjent ta’ rata ta’ interess baxxa waqt il-Konferenza Annwali dwar ir-Riċerka organizzata mid-Direttorat Ġenerali tal-Kummissjoni Ewropea għall-Affarijiet Ekonomiċi u Finanzjarji. AVVENIMENT | 24 ta’ Settembru 2019 It-Tlieta, 24 ta’ Settembru, il-Prof. Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew (EFB), ippreżenta l-valutazzjoni tal-EFB dwar l-orjentazzjoni ġenerali tal-politika fiskali fiż-żona tal-euro għall-2020 fil-Parlament Ewropew fi Brussell.AVVENIMENT | 14 ta’ Settembru 2019 Is-Sibt, 14 ta’ Settembru 2019, Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew, kien fl-ECOFIN informali f’Helsinki biex jippreżenta r-rapport reċenti tal-Bord dwar l-effettività tar-regoli fiskali tal-UE.AVVENIMENT | 8 ta’ Lulju 2019 It-Tnejn 8 ta’ Lulju, il-Prof. Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew (EFB), attenda l-laqgħa tal-ministri tal-finanzi taż-żona tal-euro fi Brussell. Hu ppreżenta u ddiskuta l-valutazzjoni tal-EFB dwar l-orjentazzjoni ġenerali tal-politika fiskali fiż-żona tal-euro għall-2020. Qabel il-laqgħa, il-Prof. Thygesen kellu skambju mal-President tal-Grupp tal-Euro, Mario Centeno.Avveniment tal-EFB | 25 ta’ Ġunju 2019 It-Tlieta, 25 ta’ Ġunju 2019, il-Bord Fiskali Ewropew ippubblika l-valutazzjoni tiegħu dwar l-orjentazzjoni ġenerali tal-politika fiskali fiż-żona tal-euro għall-2020. Il-Bord jikkonkludi li, f’ekonomija mistennija li topera madwar il-livell tal-potenzjal tagħha, pożizzjoni fiskali newtrali hi xierqa għaż-żona tal-euro kollha fl-2020.Avveniment tal-EFB | 28 ta’ Frar 2019 Il-Ħamis, 28 ta’ Frar 2019, sar l-ewwel workshop tal-Bord Fiskali Ewropew fi Brussell. L-għan kien li tiġi skambjata l-aħjar prattika sabiex tissaħħaħ l-effettività tal-IFI b’mod li jdum għal żmien twil.Avvenimenti esterniAVVENIMENT | 4-5 ta’ Frar 2019 copyright OECD Fl-4 u fil-5 ta’ Frar 2019, is-Sur Mateusz Szczyk, Membru tal-Bord Fiskali Ewropew (EFB), ipparteċipa fil-11-il Laqgħa Annwali tan-Network tal-OECD għall-Uffiċjali tal-Baġit Parlamentari u l-Istituzzjonijiet Fiskali Indipendenti (PBl-OFIs) f’Lisbona. Il-laqgħa kienet opportunità mill-aqwa biex tiġi ppreżentata l-ħidma tal-EFB lil udjenza internazzjonali u biex isir skambju tal-aħjar prattika ma’ istituzzjonijiet fiskali indipendenti oħrajn.AVVENIMENT | 28 ta’ Novembru 2018 Il-Ħamis 28 ta’ Novembru, il-Prof. Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew, ippreżenta r-Rapport Annwali tal-2018 tal-Bord fil-Mekkaniżmu Ewropew ta’ Stabbiltà (MES) fil-Lussemburgu.AVVENIMENT | 22 ta’ Novembru 2018efb-bruegel.pngIl-Ħamis, 22 ta’ Novembru, il-Prof. Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew, ippreżenta r-Rapport Annwali tal-2018 tal-Bord fi Bruegel, it-think tank tal-ekonomija bbażat fi Brussell. Fis-sit web ta’ Bruegel hemm disponibbli video tal-avveniment.AVVENIMENT | 22 ta’ Novembru 2018eff-ep.jpgIl-Ħamis, 22 ta’ Novembru, Eloïse Orseau mis-Segretarjat tal-EFB ippreżentat ir-Rapport Annwali tal-2018 fil-Parlament Ewropew, f’laqgħa mal-amministrazzjonijiet parlamentari nazzjonali. L-għan tal-workshop kien li jsaħħaħ il-kooperazzjoni u l-fehim aħjar fost l-amministrazzjonijiet tal-parlamenti nazzjonali tal-UE dwar il-passi u l-għodod ewlenin tal-proċess tas-Semestru Ewropew, permezz tal-iskambju tal-għarfien u l-iskambju tal-aħjar prattika.AVVENIMENT | 3-4 ta’ Lulju 2018 Fit-3 u l-4 ta’ Lulju 2018, is-Sur Mateusz Szczyk, Membru tal-Bord Fiskali Ewropew (EFB), ipparteċipa fl-10 Laqgħa Annwali tan-Network tal-OECD għall-Uffiċjali tal-Baġit Parlamentari u l-Istituzzjonijiet Fiskali Indipendenti (PBl-OFIs) f’Seoul. Il-laqgħa kienet opportunità mill-aqwa biex tiġi ppreżentata l-ħidma tal-EFB lil udjenza internazzjonali u biex isir skambju tal-aħjar prattika ma’ istituzzjonijiet fiskali indipendenti oħrajn.AVVENIMENT | 2 ta’ Lulju 2018 It-Tnejn, 2 ta’ Lulju, il-Prof. Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew, ippreżenta l-aħħar rapport tal-Bord fi Bruegel, it-think tank tal-ekonomija bbażat fi Brussell.AVVENIMENT | 18 ta’ Ġunju 2018 It-Tnejn, 18 ta’ Ġunju, il-Bord Fiskali Ewropew ippreżenta l-aħħar rapport tiegħu lill-istampa. Ir-rapport jipprovdi valutazzjoni tas-sitwazzjoni makroekonomika u ħarsa fiż-żona tal-euro u joffri parir indipendenti dwar l-orjentazzjoni ġenerali tal-politika fiskali fiż-żona tal-munita unika. Hu jinkludi wkoll diskussjoni dwar kif tittejjeb l-arkitettura fiskali tal-Unjoni Ekonomika u Monetarja.AVVENIMENT | 10 ta’ Mejju 2018 Fl-10 ta’ Mejju 2018, il-Bord Fiskali Ewropew ipparteċipa fil-konferenza finali tal-proġett ta’ riċerka tal-ADEMU fl-Istitut Universitarju Ewropew f’Firenze. L-objettiv tal-proġett ta’ riċerka tal-ADEMU hu li jivvaluta mill-ġdid il-qafas fiskali u monetarju ġenerali tal-UE u, b’mod partikulari, iż-żona tal-euro. Roel Beetsma, Membru tal-Bord Fiskali Ewropew u Professur tal-Ekonomija fl-Università ta’ Amsterdam, kien mistieden jitkellem f’panel ta’ politika dwar Qafas Fiskali u Monetarju Ġdid għall-UEM? Il-pjan direzzjonali tal-Presidenti tal-UE fl-2018.AVVENIMENT | 12 ta’ April 2018 12 ta’ April 2018 - il-Professur Niels Thygesen, iċ-Chair tal-Bord Fiskali Ewropew, iltaqa’ mal-President tal-Eurogroup, il-Ministru tal-Finanzi Portugiż Mário Centeno f’Lisbona. Fl-istess ġurnata kellu wkoll skambju mal-membri tal-Kunsill Fiskali Portugiż indipendenti.AVVENIMENT | 22 ta’ Marzu 2018 Fit-22 ta’ Marzu 2018, il-Bord Fiskali Ewropew ħa sehem fl-20 Workshop tal-Banca d’Italia dwar il-Finanzi Pubbliċi, "Sfidi fiskali għaż-Żona tal-euro: soluzzjonijiet istituzzjonali u ta’ politika". Is-Sur Roel Beetsma, membru tal-Bord, kien mistieden f’panel ta’ politika li jirrevedi l-qafas fiskali kurrenti tal-UE. Il-panel ta’ politika kien ippreċedut bi preżentazzjoni tar-Rapport Annwali tal-2017 tal-EFB.Mistoqsijiet u TweġibietIl-Bord Fiskali Ewropew: Mistoqsijiet u TweġibietKuntattEFB-SECRETARIATec [dot] europa [dot] eu (EFB-SECRETARIAT)
Report22 Ottubru 20252025 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its ninth annual report
Report23 Ġunju 2025The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2026The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2026
Report2 Ottubru 20242024 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its eigth annual report
Report6 Settembru 2024Public investment: The orphan of politicsThe Secretariat of the European Fiscal Board published a new VoxEU.org column discussing the determinants of public investment in the EU Member States and in particular the role of EU fiscal rules.
Report5 Lulju 2024Demographic trends and EU fiscal rulesThe Secretariat of the European Fiscal Board published a new VoxEU.org column that looks at possible implications of adverse demographic trends on public finances of EU Member States
Report3 Lulju 2024The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2025The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2025
Report7 Ġunju 2024The independence of fiscal councils in the EUThe Secretariat of the European Fiscal Board Published a new VoxEU.org column highlighting the Independence of Fiscal Councils in the EU
Report24 Ottubru 2023Glossy icing on a not-so-savoury base: EU fiscal policies in 2022The Secretariat of the European Fiscal Board published a new VoxEU.org column spotlighting Chapter 2 of the EFB’s 2023 Annual Report
Report4 Ottubru 20232023 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its seventh annual report
Report28 Ġunju 2023The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2024The European Fiscal Board (EFB) published the assessment of the appropriate fiscal stance for the euro area in 2024
Report22 Mejju 2023The far side of the EU’s expenditure benchmark The Secretariat of the European Fiscal Board published a VoxEu column
Report26 Ottubru 20222022 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its sixth annual report
14 Ottubru 2022Exceptional times and old habits: EU fiscal policies in 2021The Secretariat of the European Fiscal Board published a VoxEu column exploring the long-standing issues in EU fiscal surveillance in the context of 2021.
13 Settembru 2022Making the EU and national budgetary framework work togetherEFB members published a column on VoxEU.org addressing the constraints of EU fiscal policy and suggesting possible solutions.
Report27 Ġunju 2022Fiscal policy staying the course in troubled timesThe European Fiscal Board and its Secretariat published a short article on VoxEU summarizing the main messages of the latest assessment report.
22 Ġunju 2022The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2023The European Fiscal Board (EFB) has published today the assessment of the appropriate fiscal stance for the euro area in 2023
Report13 Ġunju 2022Adjusting ambitions: The EU’s short ‘romance’ with the debt reduction ruleThe Secretariat of the European Fiscal Board published an article on VoxEU.org
16 Marzu 2022Public finances and climate change in the post-pandemic eraThe European Fiscal Board and its Secretariat published a short piece on VoxEU summarizing the highlights of the Annual Conference
Agenda29 Novembru 2021Optimism is bad for fiscal outcomesThe Secretariat of the European Fiscal Board published an article on SUERF
Report10 Novembru 20212021 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its fith annual report
Report16 Ġunju 2021The European Fiscal Board assesses the appropriate fiscal stance for the euro area in 2022The European Fiscal Board (EFB) has published today the assessment of the appropriate fiscal stance for the euro area in 2022
19 Mejju 2021Economic growth as the ultimate constraint: EU fiscal policies in 2020The Secretariat of the European Fiscal Board published a short article on VoxEU
8 Marzu 2021Rules-based fiscal frameworks under stressThe European Fiscal Board and its Secretariat published a short article on VoxEU summarizing the main conclusions of the Annual Conference
26 Ottubru 2020Reforming the EU fiscal framework: Now is the timeThe European Fiscal Board and its Secretariat published a short article on VoxEU
20 Ottubru 20202020 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its fourth annual report
24 Settembru 2020Tracking compliance with EU fiscal ruleThe Secretariat of the EFB published a short article on VoxEU
Report1 Lulju 2020Assessment of the fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area
24 Marzu 2020Statement by the European Fiscal Board on Covid 19Statement of European Fiscal Board on Covid 19
Report29 Ottubru 20192019 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its third annual report
Report11 Settembru 2019Assessment of EU fiscal rules with a focus on the six and two-pack legislationThe European Fiscal Board (EFB) published its assessment of EU fiscal rules with a focus on the six and two-pack legislation.
Study24 Lulju 2019eBook on the EFB workshop on ‘Independent Fiscal Institutions in the EU Fiscal Framework'The European Fiscal Board (EFB) published this ebook which contains articles presented at its 2019 workshop.
Report25 Ġunju 2019Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area
Report10 Ottubru 20182018 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its second annual report
26 Settembru 2018Reforming the EU fiscal framework: A proposal by the European Fiscal BoardThe EFB and its Secretariat published a short article on VoxEU
Report18 Ġunju 2018Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board (EFB) has published its assessment of the general orientation of fiscal policy in the euro area
6 Marzu 2018Relocation of the Danish Economic Council away from the Copenhagen areaThe European Fiscal Board issued a statement on the relocation of the Danish Economic Council away from the Copenhagen area
Report15 Novembru 20172017 annual report of the European Fiscal BoardThe European Fiscal Board (EFB) published its first annual report
Report20 Ġunju 2017Assessment of the prospective fiscal stance appropriate for the euro areaThe European Fiscal Board published its first report on the overall direction of fiscal policy in the single currency area.
Study9 Settembru 2025The role of the European Fiscal Board in the economic governance frameworkArticle by Laszlo Jankovics and Martin Larch published in Revue de l'euro
Study10 Frar 2025Some Intergenerational Arithmetic to Control Public Debt in the EUArticle published as CESifo Working Paper
Study24 Jannar 2025The enforcement dilemma of EU fiscal rulesArticle published in Economics & Politics
Study4 Settembru 2024Comply and invest: The effect of EU fiscal rules on public investmentArticle published in the research paper series of the College of Europe, Bruges
Study15 Lulju 2023Solving the enforcement dilemma of the EU fiscal rulesArticle published as SUERF Policy Brief
Study29 Marzu 2023Study on "Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU" Study published in Journal of International Money and Finance
Study31 Jannar 2023Numerical Compliance with EU Fiscal Rules: Facts and Figures from a New DatabaseOur research was published in Intereconomics
Study15 Novembru 2022Study on Assessment of the EU’s fiscal framework and the way forward: persisting tensions between risk reduction and risk sharingNew research published in Bruges European Economic Research Papers
Study29 Marzu 2022Study on "Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-up in the EU"New research published as Discussion Paper of the Centre for Economic Policy Research (CEPR)
Study30 Novembru 2021Enforcement of Fiscal Rules: Lessons From the Fiscal CompactThe Secretariat of the European Fiscal Board published a ZEW discussion paper.
Study31 Marzu 2021Study on “Fiscal stabilisation in real time: An exercise in risk management”Our research was published in Economic Modelling.
Study15 Jannar 2021Study on ‘Do EU Fiscal Rules Support or Hinder Counter-Cyclical Fiscal Policy?Our research was published in the Journal of International Money and Finance.
Study1 Lulju 2020Study on ‘Numerical compliance with EU fiscal rules: The compliance database of the Secretariat of the European Fiscal BoardThis study presents a new database developed by the secretariat of the EFB that tracks numerical compliance with the four main rules of the SGP.
Study24 Lulju 2019eBook on the EFB workshop on ‘Independent Fiscal Institutions in the EU Fiscal Framework'The European Fiscal Board (EFB) published this ebook which contains articles presented at its 2019 workshop.
Study6 Mejju 2019Study on ‘Fiscal Policy and the Assessment of Output Gaps in Real Time: an Exercise in Risk Management’Study on ‘Fiscal Policy and the Assessment of Output Gaps in Real Time: an Exercise in Risk Management’
