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EU FUNDS

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Romania Continues To Borrow Money From Treasury For EU-Funded Projects
Banks-Insurance

Romania Continues To Borrow Money From Treasury For EU-Funded Projects

Romania’s Government will borrow 500 million lei (EUR114 million) from the state treasury to cover payments in the second quarter of the year for the EU-funded regional operational program “...

Oana Gavrila · 23.04.2012 · 11:49 · 1 min
Social/Politics

Labor Minister: Romania’s Administrative Reorganization Is Key To Development Using EU Funds

Labor Minister Claudia Boghicevici on Wednesday said Romania’s administrative reorganization is the key for the country’s successful development by means of European Union funding.

Ecaterina Craciun · 11.04.2012 · 17:11 · 1 min
Social/Politics

Government Extends List Of Priority Projects To 150 Works, Raises Financing To EUR14B

Romania's Government has added expanded the list of priority investments financed by the European Union from 100 to 150 projects, and has raised the total value of financing from around EUR8...

Radu Bostan · 11.04.2012 · 13:59 · 1 min
Social/Politics

Rural Development Program Gets Extra EU Funds For Pig Welfare, Young Farmer Support

The European Commission has approved new changes to Romania's National Rural Development Program, which provides funds for pig welfare and increases the maximum level of support for young fa...

Radu Bostan · 09.04.2012 · 16:55 · 1 min
EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target
Social/Politics

EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target

In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million.

Radu Bostan · 06.04.2012 · 00:00 · 2 min
Orban: Romania's EU Fund Absorption Rate Up To 7.4% In March
Social/Politics

Orban: Romania's EU Fund Absorption Rate Up To 7.4% In March

Romania's rate of absorption of structural and cohesion funds was up to 7.4% in March, or 6.56% considering only actual transfers from the European Commission, Leonard Orban, Minister of Eur...

Radu Bostan · 04.04.2012 · 15:00 · 1 min
Social/Politics

Romania's EU Fund Absorption At 24% Of Total Allowance

Romania's minister for EU affairs, Leonard Orban, said Tuesday that the absorption rate in proportion to the country's total allowance of EUR35.4 billion for 2007-2013 is currently 24%.

Radu Bostan · 27.03.2012 · 19:55 · 1 min
Banks-Insurance

Romanian Experts To Assist Local Companies, Authorities In Developing EU-Funded Projects

The Romanian Government on Tuesday decided to set up a group of experts that will assist local companies and authorities in developing EU-funded projects.

Ecaterina Craciun · 27.03.2012 · 16:49 · 2 min
Orban Calls For 500 New Jobs Within Structures Managing EU Funds
Banks-Insurance

Orban Calls For 500 New Jobs Within Structures Managing EU Funds

Romania’s European Affairs Minister Leonard Orban on Wednesday said he will propose the Government increase the number of jobs by nearly 500 within central structures in charge of managing E...

Ecaterina Craciun · 21.03.2012 · 16:28 · 1 min