Convergence report reviews Member States' progress towards joining the euro area

Convergence report reviews Member States' progress towards joining the euro area

10/06/2020 - Economy and the euro

The European Commission has published the 2020 convergence report in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro.

The report covers the seven non-euro area Member States that are legally committed to adopting the euro: Bulgaria, Czechia, Croatia, Hungary, Poland, Romania and Sweden.

Convergence reports have to be issued every two years, independently of potentially ongoing euro-area accessions.

• Questions and answers
• European Commission convergence report 2020
• Previous Convergence Reports
• The Euro
• Economic and Monetary Union