EU FUNDS
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Romania Asks EU To Grant Subsidy For 12 Mln Ha Agricultural Land
Romania asks the European Commission to grant financial support for an area of 12 million hectares, compared with 7 million hectares as settled upon the European Union’s accession, minister...
Farmers Can Get Extra EUR60M In EU Funds To Invest In Irrigation Systems
Romania’s Paying Agency for Rural Development said Tuesday it allotted extra EUR60 million in non-reimbursable funds for investments in irrigation systems.
Basescu Wants Romania’s EU Funds Absorption Period Extended Until 2016
Romanian President Traian Basescu on Tuesday said he asked in the European Council that the period during which Romania is allowed to absorb European Union funds be extended until 2016 in a...
EU May Unfreeze Funds For Romanian Infrastructure After New Evaluation
EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation,...
Government Pledges To Limit Co-Financing For EU-Funded Projects
Romania's Government will limit spending on co-financing for EU-funded projects, following the interruption of reimbursements, and will not use money from the privatization fund or from Infr...
Absorption Target For 2012 Of EUR3B In EU Funds Is Officially Missed
The European Commission sent refunds worth EUR96 million to Romania in July, these being the last funds that the EU has sent into the local economy until the European officials finalize thei...
Romanian Agriculture After Five Years Of EU Funds: 2.5M-Ton Silos, 9,000 Tractors And 25% More Fertilizer
Romanian farmers have received almost EUR4 billion for investment projects in the six years the EU has been pumping funds into agriculture. But what is the actual impact of these funds on ag...
Isarescu Says Mistrust In Romania’s Ability To Absorb EU Funds Is Dangerous
Romanian central bank governor Mugur Isarescu Monday said the governments’ failure to absorb European Union funds caused a “defeatism” towards the country’s ability to draw such funds, which...
Razvan Cotovelea Named Coordinator Of External Non-Reimbursable Financial Assistance
Alexandru Razvan Cotovelea, state secretary with the Ministry of European Affairs, was appointed national coordinator of external non-reimbursable financial assistance, through decision of P...