EU FUNDS
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Government Allots RON1.42B From Privatization Proceeds To EU Fund Management Authorities
The Romanian Government has decided to temporarily allot RON1.42 billion from privatization proceeds to provide financing to EU fund management authorities for the months of January and Febr...
ArcelorMittal: Steel Industry Needs EU Funding And State Aid
Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel...
Guarantee Fund May Grant Guarantees Financed From EU Funds
Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) may guarantee projects with EU financing for the 2014-2020 period.
Romania’s EU Fund Absorption Rate Inches Up To 43.58% In October
Romania’s absorption rate on European structural and cohesion funds reached 43.58% at the end of October 2014, from 38.46% a month before, according to the Ministry of European Funds.
Winemaker Domeniile Sahateni: EU Funds, A Godsend For Local Wine Industry
Romanian wines are stirring rising interest on foreign markets as well on the significant quality increase based on European Fund injection, says Aurelia Visinescu, one of Romania’s few woma...
Minister: Romania To End 2007-2013 Financial Framework With 80% EU Fund Absorption Rate
Romania will end the current 2007-2013 multiannual financial framework in 2015 with an absorption rate of European Union funds of at least 80%, which translates into EUR19.2 billion, EU Fund...
Cramele Recas: Romania Has The Potential To Double Its Wine Output
Romania could double its annual wine production if it had funding to replace hybrid vines with noble ones in the context in which it currently ranks fifth in the world by cultivated areas, b...
NBFIs To Start Offering Loans For EU-Funded Farming Investment Projects
Non-bank financial institutions (NBFI) will start selling loans next year to farmers looking to get EU funds for their investments under a new EU agriculture funding program. The EU funds av...
Voinea: Expenses Budgeted For EU-Funded Programs Reach Less Than Half The 1H Target
Romania’s minister delegate for Budget Liviu Voinea said the expenses budgeted for the programs financed from European Union funds reached less than half the target set for the first half of...