Mission and tasks
Article 2
1. The Board shall advise the Council and the Commission on the exercise of their functions in the multilateral fiscal surveillance as set out in Articles 121, 126 and 136 TFEU. 2. For the purposes of paragraph 1, the Board shall: (a) provide a timely ex post evaluation of the implementation of the Union fiscal governance framework; (b) advise on the prospective fiscal stance appropriate for the euro area as a whole, as well as on the appropriate national fiscal stances that are consistent with it within the rules of the Stability and Growth Pact; (c) upon request of the Commission or the Council, provide advice on the implementation of the Stability and Growth Pact, including on the extension of the general escape clause in accordance with Article 25 of Regulation (EU) 2024/1263; (d) cooperate closely with independent fiscal institutions as referred to in Article 8a of Directive 2011/85/EU; (e) make suggestions for the future evolution of the fiscal framework. 3. The Secretariat of the Board shall without delay inform the Council or the Commission of the requests for advice addressed to the Board by the other institution.