European Economic Governance
Following the financial crisis, the EU has set up strict procedures to coordinate national economic policies and control economic imbalances by individual member states by setting up a yearly cycle of economic policy coordination called the “European Semester”. Each year the European Commission undertakes a detailed analysis of EU Member States’ programmes covering three blocks of economic policy coordination concerning structural reforms, fiscal policies and prevention of excessive macroeconomic imbalances.
The European Semester looks at every aspect of economic activity covered by Governmental activity. Hence, depending on the member state, it touches upon several real estate related topics such as: