Through policy-consistency, especially in the fiscal realm, you have shown you are up to the task. Moreover, the Bulgarian National Bank has demonstrated its capacity for cooperation with the ESCB. In short, I believe Bulgaria has correctly engaged itself in preparing its economy for EU entry. I have also set out the process of monetary integration.
There, I have emphasised the importance of playing along with the team and respecting the rules that come with each of the three stages of  BIS Review 14/2006  5  integration. There are several challenges associated with the process of monetary integration, which I discussed.