Romania's new president, Traian Basescu, promised to overhaul the way the country is run, saying the former communist elite's grip on the state must be loosened without further delay.
"People of the old (communist) regime are running the state institutions. These puffed-up faces of the old regime are destroying everything, they are chewing up democracy," Basescu said in an interview with The Associated Press.
"We need to finish with this regime," he warned. "Their bad luck is that I know the system from the inside," he said.

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Fraud and corruption is probably one of the key things they have to address before they can join the EMU. It'll be interesting to see how much progress they make on this -- acceptance into the EMU is probably the single major goal of Basescu (as it was his predecessor).

[romania] Basescu wants big fraud uncovered