European Economy Occasional Papers, Annual report on structural reforms 2005 ”Increasing growth and employment ”

Abstract

his is the Ecofin Council’s 2005 report on structural reforms, prepared by the Economic Policy Committee (EPC). In December 2004, the EPC conducted its annual peer reviews on the implementation of structural reforms by the Member States in the preceding 12 months. This year, these examinations have been advanced by one month to advise better the Council and the Commission ahead of the Spring European Council. This is also in conformity with the role that the Sapir group1 recommended the EPC toseek. The report not only deals with the implementation record in the past year, but isalso forward looking, signalling areas where further progress is required in Member States.