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The Convergence Reports fulfil the ECB's requirement to report to the Council of the European Union (the Council) at least once every two years – or at the request of a Member State with a derogation – “on the progress made in the fulfilment by the Member States of their obligations regarding the achievement of economic and monetary union”.
The same mandate has been given to the European Commission, and the two reports are submitted to the Council in parallel.
Following the two-yearly rhythm, the upcoming issue is due on 30 May 2012. These files will then be replaced by the end of June with both type-set PDFs and e-PUB versions in all languages.