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EU FUNDS

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Social/Politics

EU Fund Absorption Rate Through HR Development Program Doubled Since September - Minister

Romania’s EU fund absorption rate through the operational program for human resources development (POSDRU) has doubled since September 2011, but the increase pace is far from satisfactory, R...

Ioana Tudor · 16.12.2011 · 16:13 · 1 min
Social/Politics

EC Unfreezes EU Funds, EUR1B Bills To Be Refunded To Romania

The European Commission will announce Thursday it unfreezes EU funds through the Regional Operational Program (POR), and the procedure of refunding eligible costs for the other programs will...

Iulian Anghel · 15.12.2011 · 00:00 · 2 min
Romania To Draw At Least EUR500M Through POR By End 2012
Macroeconomics

Romania To Draw At Least EUR500M Through POR By End 2012

A further EUR500 million will go into the economy by the end of next year from repayments from the European Commission for beneficiaries of programs financed through the Regional Operational...

Adelina Mihai · 14.12.2011 · 11:09 · 2 min
Social/Politics

Romania Contracted Projects Worth EUR4.55B Through Regional Operational Program

Over 2,380 financing contracts were signed by December 9 through the Romanian regional operational program (POR) managed by the Ministry of Regional Development and Tourism.

Ioana Tudor · 13.12.2011 · 19:08 · 1 min
Banks-Insurance

Romania To Cut Co-Financing Rate For EU-Funded Projects By 10 Pps

The Romanian Government wants to temporarily reduce the national co-financing rate for EU-funded projects by 10 percentage points, based on a new EU regulation which increased the European c...

Ioana Tudor · 09.12.2011 · 14:15 · 1 min
Social/Politics

Romania’s EU Structural Fund Absorption Rate Stood At 3.72% In End-November

Romania’s structural and cohesion fund absorption rate stood at 3.72% at the end of November, according to data published Tuesday by the Romanian Ministry for European Affairs.

Ioana Tudor · 06.12.2011 · 19:57 · 2 min
Social/Politics

EU Approves Nearly EUR6.4M For Animal Disease Eradication In Romania In 2012

The European Commission has approved a contribution of EUR6.38 million for Romania in 2012, meant to support animal disease eradication, control and monitoring programs of the Romanian Sanit...

Oana Gavrila · 06.12.2011 · 15:05 · 1 min
Social/Politics

EP Cuts To 5% Six EU States’ Co-Financing Rate Needed To Access Regional Development Funds

The European Parliament on Thursday approved a temporary increase from 85% to 95% of the European Union’s contribution to regional development projects financed from the European Regional De...

Ioana Tudor · 01.12.2011 · 15:19 · 1 min
EU Might Decide In Two Weeks Whether To Resume Reimbursements To Romania - Minister
Macroeconomics

EU Might Decide In Two Weeks Whether To Resume Reimbursements To Romania - Minister

The European Commission might decide in two weeks if Romania may resume sending bills for structural fund reimbursements to Brussels, Romanian Minister for European Affairs Leonard Orban sai...

Ioana Tudor · 29.11.2011 · 14:17 · 1 min