EU FUNDS
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Boc: EU-Funded Contracts May Be Terminated If No Work Done In Six Months
Romanian Prime Minister Emil Boc said Saturday that a EU-funded contract might be terminated if no work has been done on the project six months after signing.
New Ministry To Manage EU Fund Coordination, Audit Authorities - Sources
Romania's proposed Ministry of European Affairs will manage the Structural Instrument Coordination Authority (ACIS) and, probably, the Audit Authority attached to the Court of Accounts, but...
Boc Asks Ministers To Explain Missed EU Fund Absorption Targets - Sources
Romanian Prime Minister Emil Boc on Thursday reproached the ministers for failing to keep their promises to improve European fund absorption and asked to have a report within one week, peopl...
Basescu, Boc Discussed Creating Ministry For EU Project Management - Sources
Romanian President Traian Basescu and Prime Minister Emil Boc on Thursday discussed creating a Ministry of European Affairs, to manage projects financed with European Union funds, led by UNP...
Romania Used Only 10% Of Sum Allotted For Technical Assistance In Absorbing EU Funds
One of Romania’s major problems regarding European fund absorption is the fact that the country used only 10% of EU funds available for technical assistance, KPMG representative Florin Banat...
EU Fund Absorption For IT Projects At 10%, Strong Rise Expected - Vreme
Romania's Communications Ministry has attracted around 10% of its European fund allocation for 2007-2013, amounting to EUR383 million, but its absorption rate will exceed 50% once payments s...
Romania's EU Fund Reimbursements At 3% Of '07-'13 Allocation In June
The European Commission reimbursed Romania around EUR650 million by June 24, 2011, for projects financed with EU funds, meaning about 3% of the total EUR19.7 billion allotted for 2007-2013.
Three Small Producers Of Tulcea Sail In Crisis With EU Funds Help
Three companies that make cookies, bread and wine drew European funds for agriculture investments worth a cumulated EUR1 million, which helped them to upgrade production lines, while also pr...
Transport Infrastructure Projects Received No EU Funds In May
Romania did not make any EU funds payments in May for the Transport operational program, which aims to develop local infrastructure. Between 2007 and 2013, Romania has EUR4.5 billion in Euro...