EU FUNDS
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FIC: EU Funds Are Not Enough To Cover Costs Of Transport Master Plan
European funds available, even with an absorption rate of 100%, are not enough to cover the costs of implementing the Transport Infrastructure Master Plan, Foreign Investors Council (FIC) sa...
Minister: Romania’s EU Fund Absorption Rate For 2007-2013 Seen At 81-82%
Romania’s EU fund absorption rate is expected to reach 81-82% at the end of 2007 – 2013 financial framework, but it may rise further considering that the program increasing economic competit...
Minister: Romania’s EU Funds Absorption Rate For 2007-2013 Rose To 76.69%
Romania’s European Funds absorption rate for the 2007 – 2013 program rose to 76.69%, versus 58.67% in November 2015, according to EU Funds Minister Cristian Ghinea.
Minister: Romania’s GDP Grew 10% In 2009-2015 Due To EU Funds Absorption
Romania’s gross domestic product (GDP) grew 10% due to the absorption of funds put at the country’s disposal by the European Commission between 2009 and 2015, according to an analysis cited...
Romania Risks Losing RON500M For EU-Funded Projects In Energy Sector, Due To Delays
Romania risks losing over RON500 million (EUR112 million) for projects in the energy sector financed from European Union funds, in the 2007-2013 financial framework, because the respective p...
Romania’s EU Fund Absorption Rate Seen At 70% End-2015
Romania’s European Union fund absorption rate is expected to reach nearly 70% at the end of 2015, EU funds Minister Marius Nica said Wednesday, adding the rate is likely to reach 75-78%, bas...
Romania Was Reimbursed EUR565M By EU, Half For Transport Projects
Romania was reimbursed around EUR565 million by the European Commission since the beginning of the year, for applications sent last year, nearly half of which for transport projects.
Romania Sets 2015 Guarantee Ceiling For Beneficiaries Of EU-Funded Projects At RON100M
The guarantee ceiling for the beneficiaries of projects financed from European Union funds was set at RON100 million for 2015, Romania’s Finance Minister Darius Valcov said Wednesday at the...
Nuclearelectrica Wants To Access EU Funds To Co-Finance EUR200M Projects
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) plans to access European Union funds to co-finance several projects whose cumulated value reaches nearly EUR200 million.