Technical Support for Structural Reforms (Regulation)
The EU Commission wants to support structural reforms in the Member States in order to strengthen their macroeconomic resilience in the event of crises. The Commission intends to stabilise the euro area and to support euro-area candidate countries with introduction of the euro. For this purpose, a realignment and an increase in funds for the “Structural Reform Support Programme” is proposed.
In cep’s view, external expertise can be helpful when Member States implement structural reforms. The technical assistance from the Commission could provide this helpful expertise. It is however questionable whether the increase in resources for euro-area candidate countries to € 2.16 billion can increase the willingness of countries that have so far been sceptical about joining the euro.