Sweden's convergence programme 2012

The Stability and Growth Pact requires that Member States annually submit stability or convergence programmes, which are at the basis for the Council's surveillance of the countries’ public finance position. It is also an instrument in the Council's work to supervise and coordinate the economic policy in the EU and euro countries. In accordance with the new annual cycle for improved economic policy coordination within the EU (the European semester), the programme is to be submitted to the European Commission in April each year. Sweden's convergence programme 2012 is based on the 2012 Spring Fiscal Policy Bill that the Government submitted to the Riksdag on 16 April 2012. The Riksdag Committee on Finance has received information about the updated programme.