Est. 1min 09-04-2003 (updated: 07-11-2012 ) Euractiv is part of the Trust Project >>> Languages: Français | DeutschPrint Email Facebook X LinkedIn WhatsApp Telegram On 8 April, the Commission published its economic surveillance assessments known as Broad Economic Policy Guidelines for 2003-2005 for each Member State. Read more with Euractiv Commission finalises its chemicals policy overhaulThe Commission is in the process of finalising its legislative proposal for the EU's new chemicals policy. It foresees a last consultation round via the Internet on the workability of the proposals in May, and adoption of the proposed Regulation before the summer break. Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters BackgroundWithin the context of the Lisbon objective, the Broad Economic Policy Guidelines aim to enhance the EU's growth potential by setting out macro-economic policy recommendations (see alsoEURACTIV 15 January 2003). Germany: Europe's biggest economy should cut its public deficit by 2004 to comply with the EU's budget deficit ceiling. Berlin should also introduce further reforms to its "heavily regulated" labour markets and should enhance the efficiency of its health and pension systems. France: According to the Commission, Paris should "reduce rapidly" its budget deficit and should respect the terms of the Stability Pact. France should also increase employment rates and cut structural unemployment. Other countries:Italyshould consolidate its public finances;Belgiumshould reduce its national debt;Spainshould increase employment rates;Britainshould boost productivity.
