Foremost, this means delivering on commitments made in the past. Member States need to keep their promises to correct imbalances and to reform the structure of their economies. Fiscal policies have to be brought in line with the provisions of the Stability and Growth Pact and of the Fiscal Compact.
It may also be fair to say that this country has experienced and endured a rather smooth evolution of economic policy reform and management from a controlled economy to a liberalized open economy environment.