Assessment and Recommendations
I. Recent Trends and Prospects
-A broadly based expansion
-...with improving labour market outcomes
-...and relatively few inflationary tensions
-A comparison of two cycles
-Short-term prospects
II. Macroeconomic Policies
-Monetary conditions
-Budgetary policy
III. Progress in Structural Reform
-Introduction
-Overview of the economic programme of the new government
-The labour market
-Product markets
-Financial markets
-The health care sector
-Assessment and scope for further action
IV. Encouraging Environmentally Sustainable Growth
-Institutions
-Water: quality and supply
-Air pollution
-Congestion in Brussels
-Environmental taxes - "ecotaxes"
-Conclusions and recommendations
Annex: Calendar of Main Economic Events
Statistical Annex and Structural Indicators