The report presents the findings of the 20th post-programme surveillance mission to Ireland and identifies remaining challenges.
Post-programme surveillance assesses the economic, fiscal and financial situation of Member States that have benefited from financial assistance programmes, focusing on their repayment capacity. The post-programme surveillance reports for Ireland, Greece, Spain, Cyprus and Portugal conclude that all five Member States retain the capacity to repay their debt.
The package includes also targeted recommendations to Member States. They are based on the 2024 country reports which analyse economic, employment and social developments in each Member State and take stock of the implementation of recovery and resilience plans (RRPs) and Cohesion Policy programmes. The reports also identify key challenges, with a particular focus on competitiveness, and priority reforms and investments.
Based on this analysis, the Commission proposes country-specific recommendations (CSRs) to provide guidance to Member States on how to tackle those key challenges that are only partially or not addressed in Member States' RRPs.
The country-specific recommendations are divided into:
- A recommendation on fiscal policy, including fiscal-structural reforms, where relevant;
- A recommendation to continue or accelerate implementation of the national recovery and resilience plans and Cohesion Policy programmes; and
- Where relevant, further recommendations on outstanding and/or newly emerging structural challenges, with a focus on improving competitiveness.
More information:
Press release: European Semester Spring Package provides policy guidance to enhance the EU's competitiveness and resilience, and maintain sound public finances
Post-Programme Surveillance Report – Ireland, Spring 2024
2024 European Semester: Country Specific Recommendations – Ireland
Details
- Publication date
- 19 June 2024
- Author
- Representation in Ireland