Executive Vice-President Dombrovskis and Commissioner Gentiloni have been invited to an Economic Dialogue on the fiscal part of the 2024 European Semester autumn package adopted by the Commission in November 2023. The fiscal elements of the package include the Commission Opinions on the euro area 2024 Draft Budgetary Plans, the fiscal policy recommendation for the euro area and some elements of the 2024 Alert Mechanism Report. In 2024, the general escape clause of the Stability and Growth Pact will not anymore be in force and the fiscal recommendations adopted by the Council in July 2023 will be applicable until any new rules are agreed and enter into force. This briefing addresses the following subjects: (1) Economic situation; (2) Surveillance of national fiscal policies; (3) Surveillance of macroeconomic imbalances (fiscal aspects); (4) Implementation of the Recovery and Resilience Facility; and (5) Review of the EU economic governance framework.Source : © European Union, 2024 - EP