The Commission has adopted the 2026 European Semester autumn package, setting out economic and employment policy priorities aimed at boosting competitiveness.
Economic and Monetary Union
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In October 2025, DG ECFIN’s flash estimate of the consumer confidence indicator increased for the second month in a row, by 0.8 percentage points (pps) in the EU and 0.7 pps in the euro area. Scoring at -13.5 (EU) and -14.2 (euro area) points, consumer confidence moved closer to its long-term avera
The Commission concluded that Bulgaria is ready to adopt the euro as of 1 January 2026. The final decision will on the adoption will be taken by the Council of the EU, following discussions in the Eurogroup and the European Council, and after the opinions by the European Parliament and the ECB.
The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions.
To date, 12 Member States have submitted a request to the Commission to activate the national escape clause under the Stability and Growth Pact, as part of the ReArm Europe Plan/Readiness 2030 package presented in March 2025.
Today, the European Union is taking a series of steps to further bolster its support for Ukraine.
Today, Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis and Commissioner for Enlargement Marta Kos met Türkiye’s Minister of Treasury and Finance Mehmet Şimşek in Brussels for a High-Level Economic Dialogue (HLED) between the European Union and Türkiye.