Brussels, 11/04/2002 (Agence Europe) - On Thursday, the European Commission presented its 3rd annual report on completion of the internal market. The 2002 report recommends sustained and considerable effort to ensure that all the actions targeted in the Community strategy are carried out in time. The direction taken is the right one, but Europe must make much faster progress, stresses the text. The success rate for completing target initiatives stands at just over 50%. The report also reveals unequal progress in the transposition into national legislation of internal market legislation. It describes the progress made since last year and draws together all the different parts of internal market policy to provide decision-makers in the EU institutions with a clear view of the way forward for the next 18 months.