The general purpose of Working Groups is to work through common analytical issues. The Committee needs to ensure, therefore, that its working groups are optimally focused on this end.
All Groups are chaired by a member of the EPC. Working Group chairs report back to the EPC on a frequent basis on the delivery of their work programme. The mandates of the working groups will be reviewed on a regular basis against the evolving needs of Ecofin and the EPC.
Mandate of Working Groups:
- Working Group on Ageing Populations and Sustainability (AWG):provides a quantitative assessment of public finances and economic consequences of ageing populations in the EU Member States.
- Working Group on the Methodology to assess Lisbon related structural reforms (LIME):drives forward the development of methodological approaches to track, analyse and model structural reforms carried out in the context of the Lisbon strategy.
- Potential Output Working Group (POWG):carries out analytical work to ensure scientifically robust and transparent potential output and output gap indicators in the different areas of economic policy co-ordination.
- Working Group on Energy and Climate Change (ECCWG):supports the EPC in providing economic analysis in the context of the implementation of the EU energy and climate package and its contribution to the goals of the Europe 2020 strategy.