Assessments of Latvia’s convergence programme

As required by the Stability and Growth Pact, each spring Latvia submits a convergence programme which presents an update of the medium-term fiscal strategy.

Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on the programme and country-specific recommendations in the scope of the European Semester.

Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes.

DownloadPDF - 600.6 KB

DownloadPDF - 580.9 KB

DownloadPDF - 437.2 KB

The EU Excessive Deficit Procedure and Latvia

Currently, Latvia is not subject to an Excessive Deficit Procedure.