Assessments of Luxembourg's stability programme

As required by the Stability and Growth Pact, each spring Luxembourg submits a stability 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.

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The EU Excessive Deficit Procedure

Luxembourg is currently not subject to an Excessive Deficit Procedure.

Draft budgetary plan

As required by the Two Pack, Luxembourg submits its draft budgetary plan to the Commission by October 15 every year, prior to the adoption of the budget.