About
Individuals and businesses in the EU can only thrive if the economy works for them.
The EU’s unique social market economy allows economies to grow and to reduce poverty and inequality. Small and medium-sized enterprises are the backbone of the EU’s economy. It is essential to strengthen them, complete the Capital Markets Union and deepen the Economic and Monetary Union.
With Europe on a stable footing, the economy can fully respond to the needs of EU citizens.
27 February 2024 – The Commission has presented a new strategy to make the EU an industry leader in advanced materials. It outlines concrete steps to align research and innovation priorities as well as investments in the EU. Advanced materials are intentionally designed and engineered materials with innovative properties and functionalities. We need to innovate and produce more of them since the demand for these materials will significantly increase in the coming years, for instance for the production of renewable energy, batteries, zero-emission buildings, semiconductors, medicines and medical devices, and satellites.
NextGenerationEU
Europe’s plan to address the most important challenges
European Skills Agenda
Helping individuals and businesses develop more and better skills
European Pillar of Social Rights Action Plan
Building a fairer and more inclusive European Union
New Consumer Agenda
Empowering European consumers to play an active role in the green and digital transitions
Adequate minimum wages in the EU
Ensuring that workers in the EU earn adequate minimum wages
Working conditions of platform workers
Ensuring labour rights and social benefits for people working through digital labour platforms
New Business Taxation Agenda
Ensuring sustainable growth and public revenues
Small and medium-size enterprises strategy
Supporting and empowering SMEs of all sizes and sectors
Capital Markets Union
A plan to unlock funding for Europe’s growth
Timeline
- 14 February 2024
The Commission monitors strengths and challenges of EU’s competitiveness in the 2024 Annual Single Market and Competitiveness Report.
- 10 February 2024
Political agreement on the reform of the EU’s economic governance framework
- 7 February 2024
- 24 January 2024
The Commission puts forward a trade and research package to strengthen the EU's economic security
- 24 January 2024
Proposal to revise the European Works Councils (EWCs) Directive to further improve social dialogue in the EU
- 1 January 2024
New rules to combat fraud on cross-border payments in the EU enter into force
- 27 December 2023
Anti-Coercion Instrument enters into force
- 14 December 2023
Political agreement on rules enforcing human rights and environmental sustainability in global supply chains
- 13 December 2023
Political agreement on improving working conditions in platform work
- 12 December 2023
Political agreement on new rules criminalising the violation of EU sanctions
- 12 December 2023
Political agreement on rules strengthening asset recovery and confiscation in the EU
- 21 November 2023
The Commission launches the 2024 European Semester cycle that helps identify economic and social challenges in the EU
- 6 September 2023
Presentation of a Communication on the digitalisation of social security coordination, to make access to social security services quicker and simpler across borders
- 28 June 2023
The Commission puts forward two proposals as part of the Single Currency Package
- 28 June 2023
The Commission puts forward proposals to bring payments and the wider financial sector into the digital age
- 20 June 2023
The European Commission and the High Representative propose a European Economic Security Strategy
- 20 June 2023
EU budget: The Commission proposes to reinforce long-term EU budget to face most urgent challenges, and completes its proposal for a next generation of own resources
- 13 June 2023
Sustainable Finance: the Commission takes further steps to boost investment for a sustainable future
- 13 June 2023
The Commission proposes ways to harness full potential of social economy for jobs, innovation and social inclusion
- 24 May 2023
The Commission presented its annual European Semester Spring Package
- 26 April 2023
New economic governance rules for a more resilient and competitive economy
- 18 April 2023
Banking Union: The Commission proposes reform of bank crisis management and deposit insurance framework
- 31 March 2023
NextGenerationEU: Disbursements under Recovery and Resilience Facility pass €150 billion mark
- 8 March 2023
The Commission sets out guidance to Member States on the conduct and coordination of fiscal policy for next year
- 25 January 2023
Presentation of an initiative to further strengthen and promote social dialogue at national and EU level.
- 1 January 2023
- 1 January 2023
Croatia joins the euro area
- 8 December 2022
Adoption of a series of measures to modernise the EU’s Value-Added Tax (VAT) system
- 7 December 2022
Capital Markets Union: new proposals on clearing, corporate insolvency and company listing to make EU capital markets more attractive
- 22 November 2022
Economic policy coordination: Commission sets out guidance to help tackle the energy crisis and make Europe greener and more digital
- 14 November 2022
- 12 October 2022
- 11 May 2022
- 23 February 2022
- 25 November 2021
- 12 October 2021
- 22 September 2021
- 6 July 2021
- 7-8 May 2021
- 24 March 2021
- 21 October 2020
- 27 May 2020
- 14 January 2020
Policy areas
Economic and financial union
Creating a deeper and fairer economic and monetary union
Jobs, growth and investment
Boosting investment and creating jobs
Youth employment support
A bridge to jobs for the next generation
Internal Market
A deeper and fairer internal market
The European Semester
The EU annual cycle of economic policy co-ordination
State aid
Ensuring that state-owned resources are not deployed to distort competition in the single market
Financial services
Preserving financial stability in the EU, by protecting savers and investors
Economic forecasts
Macroeconomic forecasts for the EU and its Member States