On 11 March 2011, the Heads of State or Government of the euro zone adopt the ‘Euro Pact’, which provides for stronger economic policy coordination for competitiveness and convergence. On the margins of the European Council of 24 and 25 March 2011, six other Member States (Bulgaria, Denmark, Latvia, Lithuania, Poland and Romania) decide to sign this pact, which is annexed to the conclusions of the European Council and renamed the ‘Euro Plus Pact’.