Transition economy to the IMF, Iran is in transition to a market economy, demonstrating early stages of a transition economy. The eight first-wave accession countries, which joined the European Union on 1 May 2004 (Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia) and the two second-wave accession countries that joined on 1 January 2007 (Romania and Bulgaria) have completed the transition process. According to the World Bank, "the transition is over" for the 10 countries that joined the EU in 2004 and 2007. It can be also understood as all countries of the Eastern Bloc. "Transition economics" is a special branch
Secretary of State for the European Union Secretary of State for the European Union The Secretary of State for the European Union (SEUE) is a high-ranking official of the Ministry of Foreign Affairs, European Union and Cooperation of the Government of Spain. The Secretary of State for the European Union is responsible for the formulation and execution of the policy of Spain within the European Union. Likewise, he assists the Foreign Minister in the formulation and execution of the foreign policy of Spain in the geographical area corresponding to the countries of the European Union, candidate countries, countries of the European Economic Area and other European countries.