Est. 1min 07-10-2004 (updated: 29-01-2010 ) Euractiv is part of the Trust Project >>> Languages: Français | DeutschPrint Email Facebook X LinkedIn WhatsApp Telegram Romania is deemed fit to enter the EU on 1 January 2007, but compliance with commitments will be closely monitored by Brussels. Read more with Euractiv Hungary's opposition seeks referendum to halt privatisations Hungary's conservative opposition party FIDESZ is seeking a referendum on halting the privatisation process without delay. Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters PositionsThe Commission 's annual progress report for the first time recognises the country as a "functioning market economy" and states that the "objective is to sign the Accession Treaty as early as possible in 2005". The document fixes the date of entry for Romania at 1 January 2007. Over the period between 1997 and 2004, Romania has fulfilled the political criteria, the report says, with "considerable progress" achieved - in line with the community acquis - in the areas of child protection, managing the process of decentralisation, enhancing the independence and the efficiency of the judiciary and through improving the legislative framework regarding the fight against corruption. The report also identifies areas where further sustained efforts are needed. These include the reform of the country's public administration and judiciary systems and the fight against corruption, which according to the report "remains a serious and widespread problem which affects almost all aspects of society". Furthermore, the report notes that "cases of serious physical attacks against journalists have increased", and adds that Romania "remains a country of origin, transit and destination for victims of trafficking in human beings". Regarding the economic criteria, the report recognises the advances made by Romania's economy since 2001 and declares the country to be a "functioning market economy". According to the report, the Commission's "objective is to sign the Accession Treaty as early as possible in 2005 in order for it to enter into force on 1 January 2007." The Commission will closely monitor Romania's compliance with its commitments. As from November 2005, the Commission will compile annual monitoring reports to cover all chapters of the acquis. Furthermore, a 'safeguard clause' already agreed with Bulgaria will be extended to Romania as well. Such clauses covering the areas of the economy, the internal market and justice and home affairs will be incorporated in the Accession Treaty, the report says. "It's a serious clause and, were Romania not able to achieve the European standards in time, then we would not hesitate to use this safeguard clause," incoming Enlargement Commissioner Olli Rehn has said. Commenting on the Commission's report Romanian Prime Minister Adrian Nastase said that "Today's report acknowledges the huge progress our country has made on its way to EU membership. This does not mean that our work is done. In fact, it means that much hard work is just beginning. The report details many areas where we must make more progress - on corruption, on press freedom, on modernizing our infrastructure. We recognize the need to do more on all these fronts. It is a challenge for our whole country. It is a challenge we will meet, just as we have met the challenges so far along this road." France on 6 October reiterated its support for Romania's (and Bulgaria's) EU bid. Paris "hopes that the treaty of Bulgaria's and Romania's accession to the EU will be signed as soon as possible in 2005", the French Foreign Ministry said in a statement. BackgroundRomania was the first country in Central and Eastern Europe to establish official relations with the European Community. Diplomatic relations were established in 1990 and the Europe Agreement entered into force in 1995. Bucharest submitted its application for EU membership on 22 June 1995. On 6 October 2004, with two and a half negotiating chapters away from concluding its accession negotiations, Romania received a fixed accession date from the EU, notwithstanding the fact that the country has still to improve its record an performance in several fields. Further ReadingEU official documents Commission/DG Enlargement:Regular report for Romania (7 October 2004) [FR] [DE] Press articles BBC News:EU cool towards Balkan newcomers BNN:France reiterates support for Bulgaria's, Romania's bid to join EU in 2007