Reform Delivery Tool to Support Structural Reforms (Regulation)
The EU Commission wants to introduce a “reform delivery tool” to provide financial support for structural reforms in the Member States and test it in a pilot phase. In cep’s view, financial support by way of the reform delivery tool may facilitate necessary structural reforms and thereby improve the stability of the eurozone.
However, cep criticises the Member States’ right of proposal which may mean that they only propose structural reforms which they would have undertaken anyway. There is also a lack of comprehensible criteria for determining the amount of financial aid in the pilot phase.