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EU FUNDS

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Transport Minister Targets EC Refunds Of EUR1B In 2012
Automotive

Transport Minister Targets EC Refunds Of EUR1B In 2012

Romanian Transport Minister Alexandru Nazare wants European Commission refunds to the Transport Ministry to exceed EUR1 billion this year.

Radu Bostan · 27.02.2012 · 20:36 · 1 min
Social/Politics

Agriculture Minister Fires Headship Of Authority Managing EU-Funded Fisheries Program

Romania’s Agriculture Minister Stelian Fuia on Wednesday dismissed the headship of the management authority for the operational program for fisheries, as it absorbed no money from the EUR320...

Ioana Tudor · 22.02.2012 · 13:00 · 1 min
Leonard Orban: I Am Not The Minister Of EU Funds, My Mandate Is Limited
Social/Politics

Leonard Orban: I Am Not The Minister Of EU Funds, My Mandate Is Limited

Put in charge of the newly-created Ministry of European Affairs with the declared purpose of attracting more European money, five months on Leondard Orban stresses the limits of his mandate:...

Radu Bostan · 22.02.2012 · 00:00 · 2 min
Failure Of EU-Funded Human Resources Program Widens Deficit By EUR2.5M Per Day
Social/Politics

Failure Of EU-Funded Human Resources Program Widens Deficit By EUR2.5M Per Day

The “defective management” which prompted the European Commission to suspend financing for EU-funded human resources programs is widening Romania’s budget deficit by EUR2.5 million per day u...

Oana Gavrila · 20.02.2012 · 00:00 · 1 min
Banks-Insurance

PM Summoned Inter-Ministry Committee For Talks On Improving EU Fund Absorption

Romanian Prime Minister Mihai Razvan Ungureanu on Thursday summoned the inter-ministry committee to analyze the legal and administrative measures that must be taken to improve the country’s...

Ioana Tudor · 16.02.2012 · 19:23 · 1 min
Ciolos: Romania Won’t Lose EU Funds For Agriculture If It Keeps Payment Pace At 2011 Level
Social/Politics

Ciolos: Romania Won’t Lose EU Funds For Agriculture If It Keeps Payment Pace At 2011 Level

Romania will not face the risk of losing European funds for rural development in 2012 if it maintains last year’s pace of fund payment, European Commissioner for Agriculture Dacian Ciolos sa...

Ioana Tudor · 16.02.2012 · 12:42 · 1 min
Fund Managers Were Too Busy With Reviews In January To Attract EU Funds
Social/Politics

Fund Managers Were Too Busy With Reviews In January To Attract EU Funds

The heads of management authorities in charge of drawing EUR19.7 billion in EU funds come with different arguments when it comes to explaining why no payments were made in January: some say...

Radu Bostan · 15.02.2012 · 00:00 · 3 min
Disastrous Start For EU Absorption: Not A Single Euro Drawn In January
Macroeconomics

Disastrous Start For EU Absorption: Not A Single Euro Drawn In January

Not one euro refunded by the EU from the structural and cohesion funds. This is what the first month of the year looked like, a year in which the Romanian authorities plan to attract EUR6 bi...

Radu Bostan · 14.02.2012 · 00:00 · 1 min
Social/Politics

New Government Wants To Attract EUR6B In EU Funds By Yearend

The Cabinet proposed by Romanian Prime Minister Designate Mihai Razvan Ungureanu wants to attract EUR6 billion in EU funds by the end of the year and increase the country’s fund absorption r...

Ioana Tudor · 08.02.2012 · 18:49 · 1 min