Alert Mechanism Report 2012 - Report prepared in accordance with Articles 3 and 4 of the Regulation on the prevention and correction of macro-economic imbalances

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Price FREE Publisher European Commission Publication date 14 February 2012 ISBN COM(2012) 68 final

Publication synopsis The EU’s new rules on economic governance, the so-called "six-pack" has two legs: fiscal and macroeconomic surveillance. The macroeconomic imbalances procedure is a new tool that helps detect and correct risky economic developments. Its first ever annual Alert Mechanism Report (AMR), adopted today, kicks-off the surveillance. The European Commission identifies 12 EU Member States whose macroeconomic situation needs to be analysed in more depth. It is only these subsequent in-depth reviews that will assess whether or not imbalances exist and whether or not they are harmful.

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