Commission Report 2002 (Hungary)
In its 1997
Opinion on Hungary's application for EU membership, the Commission
concluded:
``Hungary can be regarded as a functioning market economy''; ``it
should be well able to cope with the competitive pressure and market forces
within the Union in the medium term''.
In its 2001 Regular Report, the Commission found that:
``Hungary is a functioning market economy. Provided that it fully
maintains and implements its reform programme in a consistent manner, it
should be able to cope with the competitive pressure and market forces within
the Union in the near term''.
In examining economic developments in Hungary since the Opinion, the
Commission`s approach was guided by the June 1993 conclusions of the
Copenhagen European Council, which stated that membership of the Union
requires:
- the existence of a functioning market economy;
- the capacity to cope with competitive pressure and market forces within
the Union.
In the analysis below, the Commission has followed the methodology
applied in the Opinion and in the previous annual Regular Reports. The
analysis in this year`s Regular Report takes stock of the developments since
the Opinion was drafted.
© European Commission; last modified 2003-05-21
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