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Text · Comparison of two versions

Changes from plenary report to adopted text

A-9-2024-0063 → TA-9-2024-0156

From
A-9-2024-0063 Plenary report of 28 Feb 2024
To
TA-9-2024-0156 Adopted text of 13 Mar 2024
Changes
6 changes to the text
Paragraphs
+4 added · −8 removed · 9 changed
More facts (2)
Title (from)
on the European Semester for economic policy coordination 2024
Title (to)
European Semester for economic policy coordination 2024

Changes that matter, 6

Changes to the text in document order — the ones the change notes describe. Cover page, renumbering and punctuation-only edits are left out (see “Every difference”); changes to citations and references stay in and are marked as formal in the notes.

Change 1

ChangedB. whereas according to the Commission’s winter 2024 forecast, economic activity in 2023 is estimated to have expanded by only 0.50,5 % in both the EU and the euro area in the face of high inflation and tighter financing conditions, after a strong recovery in 2022; whereas expected GDP growth has been revised down to 0.90,9 % (from 1.31,3 %) in the EU and 0.80,8 % (from 1.21,2 %) in the euro area for 2024; whereas in 2025, economic activity is still expected to expand by 1.71,7 % in the EU and 1.51,5 % in the euro area;

Change 2

ChangedC. whereas the EU labour market continued to perform strongly in the first half of 2023, despite the slowdown in economic growth; whereas according to the Commission’s autumn 2023 forecast, however, labour shortages continued to be acute across many sectors and occupations, in particular in fields related to the scale-up and implementation of net-zero and low-emission technologies; whereas unemployment hit a historic low in the EU as a whole, with variation across Member States; whereas youth unemployment reached 14.714,7 % in the EU and 14.414,4 % in the euro area in December 2023, according to Eurostat;

Change 3

ChangedD. whereas inflation is projected to fall from 6.36,3 % in 2023 to 3.03,0 % in 2024 and 2.52,5 % in 2025 in the EU and from 5.45,4 % in 2023 to 2.72,7 % in 2024 and 2.22,2 % in 2025 in the euro area, according to the Commission’s winter 2024 forecast; whereas fiscal policy needs to support monetary policy in reducing inflation and safeguarding fiscal sustainability, while providing sufficient space for additional investments and supporting long-term growth;

Change 4

ChangedF. whereas the debt-to-GDP ratio is expected to decrease to 83.183,1 % in the EU in 2023 (90.4(90,4 % in the euro area); whereas the debt-to-GDP ratio is expected to marginally decline in the EU to around 82.782,7 % in 2024 and 82.582,5 % in 2025; whereas the euro area debt-to GDP ratio is expected to decrease to around 89.789,7 % in 2024 and 89.589,5 % in 2025; whereas there is a high variation in the debt levels of different Member States; whereas high debt-to-GDP ratios combined with high interest rates and an uncertain macroeconomic situation may jeopardise long-term debt sustainability and economic stability;

Change 5

ChangedG. whereas according to the Commission’s autumn 2023 forecast, the general government deficit in the EU and the euro area is expected to decline to 3.23,2 % of GDP in 2023 and to further decrease to 2.82,8 % of GDP in 2024 and 2.72,7 % in 2025; whereas the general escape clause of the Stability and Growth Pact was deactivated at the end of 2023; whereas the Commission has announced that it will submit a proposal to the Council on initiating the deficit-based excessive deficit procedure in spring 2024 on the basis of the out-turn data for 2023, in line with existing legal provisions;

Change 6

ChangedH. whereas in 2023 and 2024, the aggregate fiscal stance is expected to turn contractionary, by 0.50,5 % of GDP in both years, primarily due to the near complete phase out of crisis-related energy measures;

Sources & citation

Where the facts on this page come from, and how to cite it.

Data source
Licensed CC BY 4.0.
Retrieved
25 September 2026

Cite as

European Parliament (2024). “Changes between A-9-2024-0063 and TA-9-2024-0156”. Text, 13 March 2024. from A-9-2024-0063, to TA-9-2024-0156. EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/texts/A-9-2024-0063/compare/TA-9-2024-0156 (retrieved 25 September 2026). Data: European Parliament Open Data, https://data.europarl.europa.eu/ (CC BY 4.0).
BibTeX
@misc{epw-text-2024-03-13,
  author = {{European Parliament}},
  title = {{Changes between A-9-2024-0063 and TA-9-2024-0156}},
  year = {2024},
  date = {2024-03-13},
  howpublished = {\url{https://news.eu-parl.st-solutions.dev/texts/A-9-2024-0063/compare/TA-9-2024-0156}},
  url = {https://news.eu-parl.st-solutions.dev/texts/A-9-2024-0063/compare/TA-9-2024-0156},
  urldate = {2026-09-25},
  publisher = {EU Parl Watch Research},
  note = {Text. from A-9-2024-0063, to TA-9-2024-0156. Data: European Parliament Open Data (CC BY 4.0)}
}