. Despite all the political and financial efforts, the convergence process is lengthy and complex, and the gaps with the deepest …

with developed Europe. Their development has entered the stage of convergence. Interpreted in terms of EU norms …, convergence calls for further major adaptation of fiscal policy, to meet the `dual targets' of convergence: sustained high growth …. Tensions may arise between convergence of the real economy, with the associated long-term real appreciation, and the fiscal …