Raising euro area economic performance requires cleaning up bank balance sheets, completing banking union to foster unbiased risk assessment, further structural reforms and strong fiscal policy frameworks.
The EU Better Regulation project is a partnership between the OECD and the European Commission. It draws on the initiatives for Better Regulation promoted by both organisations over the last few years.
The Commission of the European Union (EU) takes part in the work of the OECD, in accordance with the Supplementary Protocol to the Convention on the OECD. This participation goes well beyond that of a mere observer.