Van Rompuy Task Force – 5 proposals (accepted by European Council): 1. 2. Greater fiscal discipline:   Reinforce compliance of EU’s fiscal rules in euro area countries;    Preemptive part of Stability and Growth Pact;    Focus on debt sustainability.
Broadening economic surveillance:   New mechanism for macroeconomic surveillance (annual assessment);    Alert on risks of macroeconomic imbalances and vulnerabilities;    Excessive Imbalance Procedure with sanctions (including excessive surpluses? );    Indicators to be specified. 3. Deeper and broader coordination: European Semester  4. Robust framework for crisis management:  5.