EU FUNDS
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PM Says Romania To Attract EUR6B In EU Funds As 90% Of Projects Are Already Signed
The Government is confident Romania will attract at least EUR6 billion in European funds next year because nearly 90% of the funded projects have already been signed, Prime Minister Emil Boc...
Government Expects 20-25% EU Fund Absorption In 2012
Romania's Government is counting on a EU fund absorption rate of 20-25% next year, aiming to attract at least EUR6 billion for agriculture and from the cohesion funds, Prime Minister Emil Bo...
Fiscal Council: Government Should Set Quarterly EU Fund Absorption Targets
Romania's Fiscal Council suggests the Government should set quarterly EU fund absorption targets for the ministries and other authorities, since absorption is essential in order to offset th...
Green Light for 100 EU-Funded Projects Worth Around EUR10B
The Government on Wednesday approved in its meeting a list of 100 investment projects conducted with EU funds, which will be monitored and prioritized.
Erste CEO: Romania’s EU Fund Absorption Rate To Improve Considerably In 2012
Romania’s European fund absorption rate will improve considerably next year and will help the economy recover, Erste Group Bank chief executive Andreas Treichl said Friday.
EC: Romania Falling Further Behind Rest Of EU Because Of Poor Fund Absorption
Romania's poor absorption of European funds, only 3.5%, may cause the country to not only be allotted less money in the next EU fiscal plan, but also to lag further behind the rest of the Un...
Basescu: Romania’s EU Fund Absorption Rate Stands At 14.8%
Romanian President Traian Basescu said Monday the country’s European fund absorption rate stands at 14.8% of the budget allotted by the European Union.
Boagiu: Transylvania Highway To Receive EU Financing
Romanian Transport Minister Anca Boagiu announced Friday that, following negotiations, the European Commission has agreed to finance the construction of every section of the Transylvania Hig...
Romania To Sign EU Financing Contracts Worth EUR250M For Infrastructure Projects By 2012
Romanian Transport Minister Anca Boagiu said that, by the end of the year, the ministry will sign European financing contracts worth EUR250 million for infrastructure investments, raising th...