FUNDING
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EU Assigns EUR82.7M For Ring-Road In Brasov, Central Romania
The European Commission announced Thursday it has approved a EUR82.7 million investment for the construction of an 18.5-kilometer ring-road in Brasov, central Romania.
Foreign Banks Cut EUR8B From Lines Of Credit Since Pre-Crisis Peak
The foreign funding of banks in Romania dropped to nearly EUR19 billion in August, which translates into a EUR2.6 billion decline in the past year and a EUR4.6 billion decline in the past tw...
Private Clinics: It’s Upsetting Hundreds Of Labs Get Public Funds And They Don’t Actually Exist
Private healthcare providers are complaining that the government is distributing healthcare money at its discretion and there is no predictability in dealing with the authorities.
EU Funding
Since its EU accession in early 2007, Romania has had access to Structural Instruments and Agriculture Funds. Structural Instruments and Agriculture Funds are allocated by the European Union...
Romanian Health Care System Needs Several Billion Euros, Minister Says
Romania needs several billion euros to have an acceptable health care infrastructure, which it can’t afford but is making efforts to make the best use of the little money it has, Health Mini...
Romanian SMEs Deplete RON16M Support Scheme Budget In Two Weeks
The 16 million lei (EUR3.64 million) budget for Romania’s SME support program, allowing small and medium-sized businesses to take state-subsidized loans, has been depleted just two weeks fro...
Foreign Banks Cut EUR3B From Lines Of Credit In Past Year
The foreign funding of banks in Romania dropped to less than EUR20 billion at the end of the first quarter of 2013, the lowest since the start of the crisis in 2008.
Health Minister Nicolaescu Starts War Between State And Private Hospitals
With state-run hospitals losing patients, doctors and nurses to the private sector, the health minister has decided to suspend state financing to the private sector. But in the absence of co...
Government Postpones Until 2014 Funding Measures Required Under Education Law
Romania’s Government has postponed for a year, until end-2013, the granting of social coupons for the education of preschoolers in low income families and the granting of EUR500 for each new...