1. Carlo Cottarelli, IMF CAPITAL MOVEMENTS TO EMERGING EUROPE AND EU CONVERGENCE: RECENT DEVELOPMENTS AND PROSPECTS ISTANBUL DECEMBER 2, 2005

2. Carlo Cottarelli

11. Table 1 – Exchange rate regimes in Emerging Europe Bulgaria Currency Board CroatiaQuasi-peg Czech RepublicFloat (limited intervention) EstoniaCurrency board and ERM II HungaryManaged float within large band LatviaPeg and ERMII LithuaniaCurrency board and ERMII PolandManaged Float RomaniaManaged Float SlovakiaManaged float with sizable intervention and stability SloveniaDe facto peg and ERM II

12. Carlo Cottarelli