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Convergence report reviews member states' progress towards joining the #Eurozone

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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-eurozone 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. A press release and memo are available online.

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