Commissioner Dombrovskis has been invited to an Economic Dialogue, following the 15 December 2025 Economic Dialogue on the launch of the 2026 European Semester Cycle, which covered the key elements of the Commission’s package, including the Macroeconomic Imbalances Procedure, the Joint Employment Report, the Euro Area policy recommendations and ongoing efforts to strengthen the EU’s global competitiveness. This briefing first takes stock of the latest economic developments, including the impact of the conflict in the Middle East, notably through higher energy prices and their implications for the EU economy. It then provides an update on recent developments on EU fiscal surveillance, focusing on the state of play and implementation of the medium-term fiscal-structural plans (MTFSPs), draft budgetary plans for 2026, and the broader implementation of the revised economic governance framework. Finally, it covers latest developments related to the simplification package, forthcoming changes to the methodology of Country-Specific Recommendations (CSRs), and key findings from the Debt Sustainability Monitor. Source : © European Union, 2026 - EP Read more