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Commission sets out the next steps for stability, growth and jobs 
The European Commission on 30 May 2012 adopted a package of recommendations for budgetary measures and economic reforms to enhance financial stability, boost growth and create employment across the EU. The recommendations are country-specific, taking account of the individual situation of each Member State.

The Commission has also issued recommendations for the euro area as a whole, and set out its vision for the EU-level policy action needed to complement the national measures to deliver an ambitious, two-tiered EU growth initiative. It has also presented the conclusions of twelve in-depth reviews in the context of the Macroeconomic Imbalance Procedure and made recommendations to the Council relating to the Excessive Deficit Procedure.

Full press release: http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/513&format=HTML&aged=0&language=EN&guiLanguage=en