Economic policy at EU level

Obligations and coordination procedures arising from membership of the European Union and participation in the single currency have an impact on Finland’s economic policy. The general government finances of member states participating in the Economic and Monetary Union are now monitored more effectively.

The Ministry of Finance is responsible for preparing the Government’s Stability Programme and Europe 2020 Strategy (former Lisbon Strategy).

 

Stability Programme

The adoption of the single currency obliges participating member states to annually submit their medium-term economic policy plans in the Stability Programme presented to the Commission.

Further information on the EU's website
http://ec.europa.eu/economy_finance/sgp/convergence/programmes/index_en.htm

 

National Programme for the Europe 2020 Strategy

The EU member states annually draw up a national programme. The first one was published in spring 2011 at the same time as the Stability Programme.

The national programme describes the medium-term economic outlook and existing barriers to growth and employment. It specifies the national targets for employment, research and development funding, climate issues, education matters and reducing poverty. The programme also presents the measures being taken to remove the existing barriers and to meet the agreed targets.

Further information on the EU's website
http://ec.europa.eu/economy_finance/structural_reforms/europe_2020/index_en.htm

 

 

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