Moreover, as the CBA has served us well during the past 11 years, we seek to keep our currency board even within ERM-II, as a unilateral commitment.
In Estonia the existing monetary regime--the currency board--will remain unchanged until it joins ERM-II.
The new government convergence program for 2011-4 previews Romania to join ERM-II
between 2013-4, but fails to mention the start of 2015 as the deadline to adopt the Euro, which was the goal of the previous document
It says that the Bulgarian government "still hopes that the lev, currently pegged to the euro, will join ERM-II
sometime in 2011, with Eurozone entry targeted for 2012.