Measures for Financially Unstable Euro Countries (Regulation)

On the one hand, the Commission wishes conduct enhanced surveillance of euro countries, which might need to request financial assistance in future. On the other hand, the Commission wishes to see the tasks assigned by the bail-out package enshrined in secondary EU legislation.

cepPolicyBrief

The volume of the rescue packages is being reduced since euro countries with financial difficulties are de facto forced to seek financial assistance at an early stage. However, there are no criteria as to when exactly enhanced surveillance should take effect. Euro countries granting financial assistance have no influence on the introduction of enhanced surveillance, although they have to bear the additional costs in the case of it not being introduced.