Article 121 TFEU

E858317

Article 121 TFEU is a provision of EU primary law that establishes the framework for coordinating the economic policies of Member States, including multilateral surveillance and the formulation of broad economic policy guidelines.

All labels observed (1)

Label Occurrences
Article 121 TFEU canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf article of the Treaty on the Functioning of the European Union ⓘ
provision of EU primary law ⓘ
aimsAt ensuring closer coordination of Member States’ economic policies ⓘ
sustainable economic growth in the European Union ⓘ
appliesTo all EU Member States ⓘ
euro area Member States ⓘ
basisFor Broad Economic Policy Guidelines ⓘ
EU multilateral economic surveillance procedure ⓘ
Integrated Guidelines for economic and employment policies ⓘ
bindingNature legally binding on EU Member States ⓘ
decisionMakingProcedure Council acting on a recommendation from the Commission ⓘ
qualified majority voting in the Council ⓘ
distinguishedFrom Article 126 TFEU on excessive deficits ⓘ
enables Council to address recommendations to Member States ⓘ
Council to make public its recommendations in certain cases ⓘ
enteredIntoForceWith Treaty of Lisbon ⓘ
establishes framework for economic policy coordination in the European Union ⓘ
formsPartOf Title VIII TFEU ⓘ
geographicalScope European Union ⓘ
grantsPowerTo Council of the European Union to adopt broad economic policy guidelines ⓘ
Council of the European Union to conduct multilateral surveillance ⓘ
historicalPredecessor Article 99 EC Treaty ⓘ
implementedBy Council of the European Union ⓘ
Economic and Financial Affairs Council ⓘ
Eurogroup ⓘ
European Commission ⓘ
involves consultation of the Economic and Financial Committee ⓘ
consultation of the European Parliament ⓘ
languageVersions all official languages of the European Union ⓘ
legalBasisFor Council recommendations on national economic policies ⓘ
country-specific recommendations in the European Semester ⓘ
legalSystem European Union law ⓘ
partOf Treaty on the Functioning of the European Union ⓘ
policyField economic policy coordination ⓘ
macroeconomic surveillance ⓘ
procedureType ordinary economic policy coordination procedure ⓘ
providesFor formulation of broad guidelines of the economic policies of the Member States and of the Union ⓘ
multilateral surveillance of economic developments in Member States ⓘ
regulates coordination of the economic policies of EU Member States ⓘ
relatedTo Article 126 TFEU ⓘ
European Semester ⓘ
Stability and Growth Pact ⓘ
economic governance of the European Union ⓘ
requires Member States to regard their economic policies as a matter of common concern ⓘ
regular reporting by Member States on their economic developments ⓘ
subjectToInterpretationBy Court of Justice of the European Union ⓘ
titleHeading Economic and monetary policy ⓘ
usedIn preventive arm of EU economic governance ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.