This report is the European Parliament's assessment of the second stage of the 2013 semester cycle on economic co-ordination: the country-specific recommendations (CSR) from the Commission and the Council for 2013. It stresses that there is a need to improve economic co-ordination within the semester cycle; that slowing down fiscal consolidation has yielded good results; and that all member states (not only those with a deficit, but also those with a surplus) have a role to play in correcting the imbalances within the eurozone. The report now stresses the asymmetric impact of common policies and asks for the prudent interpretation of the recent 'slow recovery' in order to avoid past mistakes. It demands a better focus on the EU 2020 strategy and social inclusion in the country-specific recommendations and demands greater investment in job creation.