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
Czech Presidency of the Council of the European Union, 2009 Czech Presidency of the Council of the European Union, 2009 Czech Presidency of the Council of the European Union (short:Czech Presidency of EU) occurred in the first half of 2009. On 1 January 2009, Czech Prime Minister Mirek Topolánek became the President of the Council of the European Union. When Topolánek's cabinet lost a vote of no-confidence, he was replaced by Jan Fischer on 8 May 2009. Presidency went over to Sweden on 1 July 2009. Priorities had been formulated since 2007. It included Energetics, countries of Easter Europe and elections of European offices. Important priorities were three Big E