Off the wire
• Urgent: U.S. stocks little changed amid weak retail sales  • Roundup: Turkey, Greece agree to work on Aegean issues, Cyprus  • Sarah Brightman postpones planned space journey  • Roundup: Britain unveils plans to toughen counter-extremism measures  • 1st LD Writethru: Oil prices go up as U.S. production increases  • Researchers find 11 genes enabling early sepsis diagnosis  • 1st LD Writethru: Gold up sharply on weak U.S. data  • Slovak, Czech army engineers trained for humanitarian, rescue operations  • Urgent: U.S. dollar drops on weak data  • Slovak economy records 3.1 pct Q1 growth, fastest since 2011  
You are here: 　 Home

EU calls for member states' further efforts to support recovery

Xinhua, May 14, 2015 Adjust font size:

The European Commission here on Wednesday adopted country-specific economic policy recommendations for 2015 and 2016, calling for member states' further efforts to support a robust recovery.

The recommendations also asked for national actions to create jobs and stimulate growth, according to a European Commission press release.

The recommendations reflected the priorities such as boosting investment to support future growth, delivering structural reforms, and pursuing responsible fiscal policies.

The European Commission Vice-President Valdis Dombrovskis said that strengthening the European economic recovery required further decisive policy efforts, noting that many member states faced challenges such as high public and private debt, low productivity and lack of investment.

The Commission made recommendations for 26 countries and for the euro area. As Greece and Cyprus were implementing macroeconomic adjustment programs, the two countries did not receive a recommendation. Endit