The 2018 convergence report concerning the state of preparedness of non-Eurozone countries to adopt the single currency, which the Commission published on Wednesday 23 May, indicates that none of the seven countries concerned meets all criteria laid down. Croatia and Bulgaria only need to meet one criterion concerning the exchange rate.
The report concerns Bulgaria, Croatia, Hungary, Poland, the Czech Republic, Romania and Sweden. It is of particular relevance for Bulgaria, which plans to...