European Central Bank 6 June 2016, pr160607 (ECB publishes its Convergence Report 2016)

PRESS RELEASE ECB publishes its Convergence Report 2016 7 June 2016 The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review comply with most of the quantitative economic criteria, but none of them fulfils all of the obligations laid down in the Treaty,