Report from the Commission – Convergence Report 2012

The 2012 Convergence Report covers the following eight Member States with a derogation: Bulgaria, the Czech Republic, Latvia, Lithuania, Hungary, Poland, Romania and Sweden. A more detailed assessment of the state of convergence in these Member States is provided in a Technical Annex to this report.

At the time of the last Convergence Report in 2010, Member States had shown uneven progress with convergence, as many of them were undergoing significant adjustments of previously accumulated imbalances, against the background of the economic and financial crisis. The present examination takes place in a still difficult external environment, with a fragile recovery in the region and recurrent headwinds on financial markets.

EUR-Lex: COM(2012)257: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2012:257:FIN

European Commission: SWD(2012)144: Convergence Report 2012 - Technical annex http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SWD:2012:0144:FIN:EN:PDF

European Commission; European Economy, No.3, 2012 http://ec.europa.eu/economy_finance/publications/european_economy/2012/convergence-report_en.htm

Link to this title through its DOI http://dx.doi.org/10.2765/18844

European Commission: DG Economic and Financial Affairs: Convergence Reports http://ec.europa.eu/economy_finance/publications/european_economy/convergence_reports/index_en.htm

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