Stability and convergence programmes are assessed by the European Commission and EU governments during the European Semester.

The assessment focuses on whether:

  • the medium-term budgetary objectives (MTO) target is set at an appropriate level         
  • the country is at the MTO or if the adjustment path towards it is appropriate, considering the cyclical conditions and the sustainability risks
  • the economic assumptions on which governments base their programmes are plausible

More on stability and convergence programmes