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5 May 2018

Public Finances

German Stability Programme 2018

  • Version 05 May 2018
German Stability Programme
  • Version 05 May 2018

The member states of the European Union submit their medium-term fiscal plans to the European Commission and to the Economic and Financial Affairs Council (ECOFIN) by the end of April each year. To this end, in order to comply with the rules of the Stability and Growth Pact, member states of the euro area submit updated Stability Programmes, while all other EU member states submit updated Convergence Programmes. This update of the German Stability Programme was approved by the federal cabinet on 18. April 2018.