MEP Petru Luhan said in a press release Thursday Romania is among the states to benefit from this measure, alongside Hungary, Latvia, Portugal, Greece and Ireland.

The new regulation temporarily increases by 10 percentage points the EU contribution to projects financed from the two funds.

Romania’s co-financing rate will be reduced from 15% to 5% of the cost of an approved project, and the remaining 95% will be covered by the European Union, said Luhan.

The new norms have yet to be approved by the Council of the European Union. The vote is scheduled for December 6-7.