Report from the Commission (prepared in accordance with Article 140(1) of the Treaty). Convergence report 2010. {SEC(2010) 598 final}.

Abstract

Article 140(1) of the Treaty on the Functioning of the European Union (henceforth TFEU) requires the Commission and the ECB to report to the Council, at least once every two years, or at the request of a Member State with a derogation, on the progress made by the Member States in fulfilling their obligations regarding the achievement of economic and monetary union. The latest Commission and ECB regular Convergence Reports were adopted in May 2008.