Table of Contents

  • This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of the European Union were reviewed by the Committee on 3 May 2018. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 4 June 2018.The Secretariat’s draft report was prepared for the Committee by Aida Caldera Sánchez with contributions by Paul O'Brien and Patrizio Sicari under the supervision of Pierre Beynet. Statistical research assistance was provided by Patrizio Sicari and editorial assistance was provided by Elisabetta Pilati. The previous Survey of the European Union was issued in June 2016.Information about the latest as well as previous Surveys and more information about how Surveys are prepared is available at www.oecd.org/eco/surveys.

  • The economy is expanding supported by accommodative macroeconomic policiesPolicies to pursue stronger growth and make it more inclusive are needed

  • The economic expansion continuesTime is ripe for a reform of the EU budgetAddressing regional dividesDeepening the single marketStrengthening labour marketsFighting climate change

  • This annex reviews action taken on recommendations from previous Surveys since the June 2016 European Union Survey.