The European Commission examined the updated stability and convergence programmes (SCPs) of the Czech Republic, Denmark, Hungary, Lithuania, Luxembourg, Latvia, Malta, Poland, Romania and Slovenia. In line with the Commission's assessments of a first group of fourteen Member States last week, the evaluation must be seen against the background of the economic and financial crisis which has led to a sharp deterioration of public finances since 2009 and triggered the Council decisions to open Excess Deficit Procedures (EDP) for a large majority of Member States.

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