Sitemap RSS Impressum
Members zone

News

European Fiscal Monitor (March 2021)

08.03.2021

European Fiscal Monitor (March 2021)

Twelve months after the start of the first Covid-19 lockdowns, European economies remain severely affected. This EFM gives an overview of the activities of 32 IFIs, and fiscal measures adopted in 26 EU member states and the UK. Read more

The role of IFIs in assessing the sustainability of high public debt

03.03.2021

The role of IFIs in assessing the sustainability of high public debt

Weakened growth along with automatic stabilisers and additional fiscal stimulus are leading to higher public debt levels as a result of the Covid-19 pandemic. This paper aims to assess the role of Independent Fiscal Institutions (IFIs), focusing on their public debt modelling. 
Read more

How to strengthen fiscal surveillance towards a medium-term focus?

03.03.2021

How to strengthen fiscal surveillance towards a medium-term focus?

This paper will assess the characteristics and pre-conditions of the effective medium-term frameworks in the EU, drawing from national experiences. This contribution is particularly relevant in the context of the Recovery and Resilience Facility since its implementation is expected to result in a significant increase in investment projects over the next three years.
Read more

The public debt outlook in the EMU post Covid: A key challenge for the

03.03.2021

The public debt outlook in the EMU post Covid: A key challenge for the

This paper takes stock of the emerging public finance landscape in the (post-)crisis environment. It explores 10-year scenarios for economic growth and public finances in several EU countries, and discusses their implications for fiscal sustainability
Read more

Richard van Zwol nominated as new Chair of the Network of EU IFIs

01.02.2021

Richard van Zwol nominated as new Chair of the Network of EU IFIs

The Network also welcomes the Federal Planning Bureau and the High Council of Finances from Belgium as new members


Read more

European Fiscal Monitor (September 2020)

07.10.2020

European Fiscal Monitor (September 2020)

The Covid-19 pandemic continues to cast a dark shadow over Europe with exceptionally weak forecasts for the economic growth in 2020. Read more

The Network of EU IFIs nominates new leadership

22.07.2020

The Network of EU IFIs nominates new leadership

 The Network of EU IFIs nominates new leadership
Read more

June 2020 update of the European Fiscal Monitor on the fiscal measure

25.10.2019

June 2020 update of the European Fiscal Monitor on the fiscal measure

June 2020 update of the European Fiscal Monitor on the fiscal measures adopted in response to Covid-19
Read more

March 2020 update of the European Fiscal Monitor on the fiscal measure

16.04.2020

March 2020 update of the European Fiscal Monitor on the fiscal measure

March 2020 update of the European Fiscal Monitor on the fiscal measures adopted in response to Covid-19
Read more

February 2020 EFM points to mixed fiscal efforts amid modest recovery

20.02.2020

February 2020 EFM points to mixed fiscal efforts amid modest recovery

This European Fiscal Monitor—the sixth in a twice-yearly series—covers 24 European economies. It looks at national developments through the eyes of the Independent Fiscal Institutions (IFIs). The latest update reflects submissions received from members over winter 2019/20.
Read more

New Network leadership takes over

07.11.2019

New Network leadership takes over

Network Secretariat is on the move to Brussels
Read more

EU IFIs see a mixed record of compliance with targets

10.07.2019

EU IFIs see a mixed record of compliance with targets

Despite favourable economic conditions, many IFIs report of (likely) non-compliance with fiscal rules. The new edition of European Fiscal Monitor is now available online on our website.
Read more

Good times are not used to build fiscal buffers

24.01.2019

Good times are not used to build fiscal buffers

The latest issue of the European Fiscal Monitor is now available online
Read more

Network calls for EU-level action to reinforce and protect EU IFIs

22.01.2019

Network calls for EU-level action to reinforce and protect EU IFIs

Standards for the design and operative capacity of IFIs should be set and enforced at the EU level

Read more

EU IFIs voice concerns about pro-cyclical fiscal stance

17.07.2018

EU IFIs voice concerns about pro-cyclical fiscal stance

July 2018 European Fiscal Monitor is now available online.
Read more

Czech National Fiscal Council Joins the Network

17.07.2018

Czech National Fiscal Council Joins the Network

The Network now has members from all but two EU member states. The Czech independent fiscal council was created to contribute to the sustainability of public finances in the Czech Republic, and to prevent the risk of excessive debt accumulation.
Read more

Finnish Economic Policy Council joins the Network

29.06.2018

Finnish Economic Policy Council joins the Network

The Finnish Economic Policy Council (EPC) is an independent fiscal institution that was established in 2014. The members of the Council are economics and social science professors appointed based on proposals made by the economics departments of Finnish universities and the Academy of Finland. The EPC publishes an annual report and presents its opinion in parliamentary hearings. To support its work, the council has permanent secretariat and funds to commission research projects.
Read more

Stronger medium-term orientation in budgeting - key for sustainability

01.06.2018

Stronger medium-term orientation in budgeting - key for sustainability

Network publishes a report identifying good practices in the design and operation of budgetary frameworks.
Read more

Croatian Commission on Fiscal Policy Joins the Network

01.03.2018

Croatian Commission on Fiscal Policy Joins the Network

The Commission on Fiscal Policy based in the Croatian parliament is the latest EU-based national fiscal oversight body to join the Network of EU IFIs.
Read more

Statement on the Danish Economic Council

26.02.2018

Statement on the Danish Economic Council

The Network expresses deep concerns over relocation of the Danish IFI.
Read more

Statement on COM proposal for a Directive

07.02.2018

Statement on COM proposal for a Directive

The Network welcomes the efforts to reinforce national fiscal watchdogs as a part of the EU Commission’s deepening EMU agenda.
Read more

New issue of European Fiscal Monitor available online

31.01.2018

New issue of European Fiscal Monitor available online

The new edition of the Network’s bi-annual European Fiscal Monitor is now available online on our website.
Read more

Network appoints new leadership

07.11.2017

Network appoints new leadership

In a meeting in Madrid today, member institutions of the Network of EU Independent Fiscal Institutions have re-appointed José Luis Escrivá, Chair of the Spanish Independent Authority for Fiscal Responsibility, to serve as the Chair for another two-year term starting in November 2017. Giuseppe Pisauro, President of the Italian Parliamentary Budget Office, has been appointed as Deputy Chair, for a term of the same length. The Network also appointed Michal Horváth to the newly created position of Permanent Secretary to the Network.

Read more

EU independent fiscal institutions launch regular joint publication

29.09.2017

EU independent fiscal institutions launch regular joint publication

The Network of EU Independent Fiscal Institutions (IFIs) is pleased to announce the launch of a new regular publication on the state of budgetary affairs in EU member states.
Read more

Workshop on Medium Term Budgetary Frameworks

20.09.2017

Workshop on Medium Term Budgetary Frameworks

On 7 September 2017, the UPB organised a workshop about Medium Term Budgetary Frameworks in Rome. Chaired by UPB Chairman Giuseppe Pisauro, the meeting discussed the practical experience with the implementation of medium-term budgeting in EU member states. 
Read more

Slovenia’s Fiscal Council Joins the Network

04.09.2017

Slovenia’s Fiscal Council Joins the Network

We are delighted to announce that the newly established Fiscal Council of Slovenia is joining the Network of EU Independent Fiscal Institutions. 
Read more

Fiscal Council of Bulgaria joins the Network of EU IFIs

23.02.2017

Fiscal Council of Bulgaria joins the Network of EU IFIs

The Fiscal Council provides independent monitoring and analysis of the budgetary framework in order to maintain sustainable public finances and improve the quality of official macroeconomic and budgetary projections in Bulgaria.
Read more

Network Chair calls for evaluation of Fiscal Compact implementation

06.02.2017

Network Chair calls for evaluation of Fiscal Compact implementation

In a meeting with Commission and EU member state officials on 2 February 2017, the Chair of the Network of EU IFIs highlighted the persisting weaknesses in the day-to-day implementation of fiscal surveillance in the EU.

Read more

Network sets up a working group on medium-term budgetary frameworks

04.11.2016

Network sets up a working group on medium-term budgetary frameworks

One of the main agreements reached by the Network of EU Independent Fiscal Institutions (IFIs) in their Paris meeting on 2 November has been the creation of a working group to analyze medium-term budgetary frameworks.

Read more

Network of EU IFIs ready to cooperate with the European Fiscal Board

20.10.2016

Network of EU IFIs ready to cooperate with the European Fiscal Board

The Network of EU IFIs welcomes recent steps made by the Commission to make the European Fiscal Board (EFB) operative. The Chairman, Niels Thygesen, and the additional four members were appointed yesterday and are expected to start working soon.
Read more

Network representatives met with EU officials

27.04.2016

Network representatives met with EU officials

On 26 April 2016 José Luis Escrivá, the chair of the Network of EUIFIs, and Michal Horváth, advisor to the Network, met with EU officials, including the European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis, to communicate the Network's position on recent initiatives to strengthen the EU fiscal framework.
Read more

The Network of EUIFIs held a workshop on current practices on MTBF

08.04.2016

The Network of EUIFIs held a workshop on current practices on MTBF

The CPB Netherlands Bureau for Economic Policy Analysis (CPB) has organized a 1-day workshop on medium-term budgetary frameworks in the EU member states - current practices in the EU, consequences for IFIs and considerations how to improve them further.
Read more

Hellenic Fiscal Council – new member of the Network of EUIFIs

08.04.2016

Hellenic Fiscal Council – new member of the Network of EUIFIs

We are pleased to announce that the newly established Hellenic Fiscal Council joined the Network of EUIFIs. On 30 March 2016 Panagiotis Korliras, the chairman of the council, officially joined the Agreement of EU Independent Fiscal Institutions establishing the Network.
Read more

Share on 

Back to the top

Copyright © 2016 EUIFIs, All rights reserved. web design & development: GLS WEB Design.