“…Post‐accession, the EU created a monitoring mechanism for both Bulgaria and Romania, the so‐called Cooperation and Verification Mechanism (CVM) that involved regular reports from the European Commission focusing on areas of persistent concern such as the rule of law. This mechanism, however, resulted in no great success in improving the rule of law (Dimitrov and Plachkova 2021; Dimitrov et al, 2014, Gateva, 2013). The main reason was that institutional adjustments remained formal and piecemeal, while underlying, informal relations structured politics along patron‐client lines (Dimitrova, 2018; Mungiu‐Pippidi, 2015) and undermined the ability of the institutions of governance – the judiciary and regulators ‐ to fulfil their functions.…”