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Contractual arrangements - which way to go?

The idea to supplement the European governance system with contractual arrangements has been discussed for several months and the European Council will discuss them in their meeting on December 19, 2013. The objective of contractual arrangements is to enhance ownership and effectiveness of economic policy coordination. It is seen by some actors as a way to reinforce economic policy coordination well before member states face difficulties that would typically be addressed in the European Semester. Others see it as an alternative to the current European Semester that they judge as ineffective. Yet other actors see it as an intermediate step towards a fiscal union. The purpose of the debate will be to informally exchange views with a small circle of players in order to enhance the quality of the debate.


  • Jose Leandro, European Council
  • Anne Bucher, European Commission
  • Bruno Maçães, Portugal
  • Xavier Devictor, World Bank country manager for Poland
  • Chair: Guntram Wolff, Bruegel

Event materials

Contractual Arrangements: The Way Forward by Bruno Maçães Download

Practical details

  • Venue: Bruegel, Rue de la Charité 33, 1210 Brussels
  • Time: Monday 9 December 2013, 11:00 - 12:30
  • Contact:Matilda Sevón, Events Coordinator - matilda.sevon[at]bruegel.org