Basically, the Commission confirms that both Bulgaria and Romania are ready, kind of. For a succinct press release, look here. But a number of safeguard mechanisms are foreseen (politely called "accompanying measures") and those are described here.
If you are really keen you can find the full version of the monitoring report here. And you call that "ready" ?
What seems like a new sort of measure is the adoption of a special regulation - Commission Regulation (EC) No 1423/2006 setting up a mechanism for what are euphemistically termed "appropriate measures" in the field of agricultural spending in respect of Bulgaria and Romania. That regulation will allow the Commission to suspend 25% of certain agricultural expenditure if a number of conditions are fulfilled.