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gulyasrobi commented on the word European semester
The ‘European Semester’ is the way EU countries work together on economic policy. It is so called because it is a procedure that takes about six months. It is done in the first half of every year, and started in 2011. After a first debate on how the economy is faring, each EU country presents its plans for its state budget and policies designed to create economic growth, and then guidelines are decided.
May 19, 2012