DIRECTORATE-GENERAL FOR ECONOMIC AND FINANCIAL AFFAIRS MULTI ANNUAL EVALUATION PROGRAMME 1 st June Evaluations planned for Years -2020 The programming calendar presented in the table below is purely indicative and may be modified at any time. No. Evaluation Description Start Date 1 Portugal economic The purpose of the evaluation is to assess the Portugal economic (May 2011 - June 2014) and draw lessons for future decision-making. The evaluation consists of an ex-post assessment of the economic objectives, content and results of the programme. The Ongoing 2 Mid-term review of the External Lending Mandate of the EIB The mid-term evaluation will assess the performance to date of the External Lending Mandate (ELM). The ELM guarantees the EIB against losses resulting from financial operations that support investment projects outside the EU. The ELM covers the period 2014-2020. The midterm evaluation report will be submitted to the European Parliament and the Council by 31 December. Ongoing 3 Pericles 2020 Programme mid-term evaluation 4 ECFIN Forecasting Service The mid-term evaluation will assess the performance to date of the Pericles 2020 programme, in line with the requirements of the Regulation. The programme is an exchange, assistance and training programme aiming at promoting actions for the protection and safeguarding of the euro against counterfeiting. The results of the evaluation will be presented by the Commission to the European Parliament and to the Council by 31 December. The evaluation will examine the planning, implementation, operational risks, tools, outputs, communication and effects of DG ECFIN's forecasting activities. The evaluation will assess how forecasting activities may need to evolve in the context of lessons from the economic downturn and sovereign debt crisis, changing user needs and possible innovations in the field of forecasting. The evaluation will consider DG ECFIN s forecasting activities in the broader context of other activities of DG ECFIN, and of macro-economic forecasts provided outside the Commission (e.g. OECD, IMF, ECB, Member States finance ministries).
5 MFA Ukraine I & II The ex-post evaluation will assess the Ukraine I & II macro-financial assistance programmes (MFA). MFA was originally provided to Ukraine to help support economic reforms in the country and address persistent external financing difficulties. In light of political developments in early 2014 and the acute balance-of-payments crisis experienced by Ukraine, the Commission proposed a second MFA operation. Financial disbursements under both programmes have now been completed - taking place in 2014 & 2015. 6 MFA Jordan The ex-post evaluation will assess the Jordan macro-financial assistance programme (MFA). MFA was provided under the programme to promote policy measures to improve public financial management and tax reform while strengthening the social safety net; measures to improve the regulatory framework and climate for investment; and reforms to reduce unemployment and encourage participation in the labour market, notably among women. Financial disbursements under the programme were completed in 2015. 7 Cyprus economic The purpose of the ex-post evaluation is to assess the Cyprus economic (2013 - ) and draw lessons for future decision-making. The evaluation will consist of an ex-post assessment of the economic objectives, content and results of the programme. The 8 MFA Kyrgyz Republic The ex-post evaluation will assess the Kyrgyz macro-financial assistance programme (MFA). MFA will support the economic reform agenda of the government as agreed with the international donor community. It is aimed at reducing the short-term financial vulnerability still faced by the economy, while supporting reform measures aimed at achieving a more sustainable balance of payments and budgetary situation over the short-term. The assistance will also promote policy measures to strengthen public finance management, tax reforms to underpin fiscal sustainability as well as measures to strengthen the banking system. Financial disbursements under the programme have now been completed - taking place in 2015 &.
9 EFSI The evaluation will assess the application of the Regulation. The Commission will submit its evaluation to the European Parliament and the Council. The EFSI Regulation establishes the legal framework and provides the budgetary allocations for the first two strands of the Investment Plan - mobilising finance and financing investment. EFSI aims to overcome current market failures by addressing market gaps and mobilising private investment in key areas such as infrastructure, education, research and innovation, as well as risk finance for small businesses. 10 MFA Georgia The ex-post evaluation will assess the Georgia macro-financial assistance programme (MFA). MFA was provided to support agreed policy measures covering: public finance management, strengthening the social safety net, reinforcing banking regulation and trade and competition policy measures to support the implementation of the Deep and Comprehensive Free Trade Area with the EU. Financial disbursements commenced in 2015 and are scheduled to complete in. 11 MFA Ukraine III The ex-post evaluation will assess the Ukraine III macro-financial assistance programme (MFA). In response to a deep economic recession and a severe confidence crisis due to the protracted armed conflict in the eastern part of the country, the Commission issued a proposal for a new MFA programme for Ukraine in 2015. The MFA is aimed at alleviating the country's large external financing needs and to support the ambitious reform programme of the authorities. The programme largely builds on the reform agenda pursued by the Ukrainian authorities and covers a broad range of areas, including public finance management, governance and transparency, the energy sector, social safety nets, business environment and the financial sector. 12 Two-Pack (EC Reg 472/2013) Strengthening economic & budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties re financial stability performance of the Member States in accordance with the TFEU and the contribution of the Regulation to the achievement of the Union's strategy for growth and jobs. The results of the evaluation will be presented by the Commission to the European Parliament and to the Council by 1 January.
13 Two-Pack (EC Reg 473/2013) Monitoring & assessing draft budgetary plans and ensuring correction of excessive deficit of Member States in the euro area 14 Six-Pack (EC Reg 1173/2011) Effective enforcement of budgetary surveillance in the euro area 15 TBC: Six-Pack - (EC Reg 1174/2011) Enforcement measures to correct excessive macroeconomic imbalances in the euro area performance of the Member States in accordance with the TFEU and the contribution of the Regulation to the achievement of the Union's strategy for growth and jobs. The results of the evaluation will be presented by the Commission to the European Parliament and to the Council by 1 January. The evaluation will assess the effectiveness of the Regulation. It will also consider the possibility to enable the Council and the Commission to act in order to address situations which risk jeopardising the proper functioning of the monetary union. In addition the evaluation will assess progress in ensuring closer coordination of economic policies and sustained convergence of economic performance of the Member States in accordance with the TFEU. The results of the evaluation will be presented to the European Parliament and to the Council by 14 December. performances of the Member States in accordance with the TFEU. The results of the evaluation will be presented to the European Parliament and to the Council by 14 December. TBC 16 TBC: Modelling Impact of Structural Reforms An evaluation of the Impact of Structural Reforms. 17 MFA Tunisia I The ex-post evaluation will assess the Tunisia macro-financial assistance programme (MFA). MFA to Tunisia is part of a wider effort by the EU and other international donors to help Tunisia overcome the severe economic difficulties it has faced since its economic and political transition process began following the 2011 revolution. The MFA programme is intended to support reform measures aimed at achieving a more sustainable balance of payments and budgetary situation, improving the investment climate, and fostering economic integration and regulatory convergence with the EU. TBC
18 Greece economic 19 Communication Strategy evaluation 20 Pericles 2020 Programme ex-post evaluation 21 Quarterly Report on the Euro Area The purpose of the evaluation is to assess the Greece economic (2010 - ongoing) and draw lessons for future decision-making. The evaluation will consist of an ex post assessment of the economic objectives, content and results of the programme. The The evaluation of the Communication Strategy will assess DG ECFIN s communication activities and provide guidance and recommendations towards refining and further developing the next DG ECFIN communication strategy. The ex-post evaluation will assess the performance of the Pericles 2020 programme, in line with the requirements of the Regulation. The programme is an exchange, assistance and training programme aiming at promoting actions for the protection and safeguarding of the euro against counterfeiting. The results of the evaluation will be presented by the Commission to the European Parliament and to the Council by 31 December 2021. The evaluation will assess the effectiveness, efficiency and utility of the Quarterly Report on the Euro Area (QREA) publication.