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Strengthening Medium-Term Budgetary Frameworks

Strengthening Medium-Term Budgetary Frameworks

The aim of this paper is to propose steps towards contributing to reinstate a dual – procedural as well as rule-based – approach to medium-term budgeting in EU Member States. It identifies action that can be taken to reinforce the importance of national institutions as well as national public finance management procedures and practices in the functioning of the national and EU fiscal framework.
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Facilitating the Implementation of the FC and the SGP by EUIFIs

Facilitating the Implementation of the FC and the SGP by EUIFIs

In this document, the Network of EUIFIs proposes the idea of a Memorandum of Understanding (MoU) between the European Commission and the EU IFIs, along the lines of those that many IFIs have with their national agencies. Its purpose would be to codify the information flow between the Commission and the EU IFIs.
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Minimum Standards for Independent Fiscal Institutions

Minimum Standards for Independent Fiscal Institutions

One of the most salient novelties of the recent reforms of the EU fiscal framework has been the decision to promote the establishment of Independent Fiscal Institutions (IFIs).
As stated in the Network of EU Independent Fiscal Institutions position paper of 5 November 2015, in order for the EU fiscal framework to function effectively, it is highly desirable to ensure that the IFIs are strong enough to fulfill their functions.
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Position Paper on Initiatives to Strengthen the EU Fiscal Framework

Position Paper on Initiatives to Strengthen the EU Fiscal Framework

In line with its mission, representatives of the Network have been communicating the Network's position on recent initiatives to strengthen the EU fiscal framework.
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Agreement of EU Independent Fiscal Institutions

Agreement of EU Independent Fiscal Institutions

On 11 September 2015, representatives of independent fiscal institutions operating in the EU agreed on the establishment of the Network of EU Independent Fiscal Institutions.
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