Fiscal surveillance in Spain

Assessments of Spain's stability programme

As required by the Stability and Growth Pact, each spring Spain 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.

The EU Excessive Deficit Procedure and Spain

• Excessive Deficit Procedure for Spain
• Stability and Growth Pact: the corrective arm (information about the Excessive Deficit Procedure)

Draft budgetary plan

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