FUNDS
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Barroso: Romania Improved Its EU Fund Absorption Capacity Over Past Six Months
European Commission (EC) president Jose Manuel Barroso said Tuesday Romania has made progress regarding structural fund absorption over the past six months.
Romania Needs To Pump State Budget Money Into Agriculture For At Least 2-3 More Years
Romanian agriculture needs state support over the next years because it is a sector that can curb any crisis that may occur nationally or internationally, Agriculture minister Valeriu Tabara...
Orban: Romania Will Have Code Of Conduct For Staff Managing EU Funds
Romanian Minister for European Affairs Leonard Orban said Thursday the ministry will draw up by the end of November a code of conduct targeting those tasked with managing EU-funded projects...
Mutual Funds’ Exposure To Stock Markets At All-Time Low
The sovereign debt crisis chased mutual funds away from stock exchanges, with their exposure to equity declining to an all-time low of 3% of their total assets, worth 7 billion lei (EUR1.6 b...
Boc: Romania To Ask EU To Redirect Funds To Programs That Need More Money
Romania will ask the European Union to redirect EU funds from programs that failed to absorb the sums allotted to programs which spent the entire amount of funds and register further financi...
Orban: Romania Is Net Beneficiary Of EU Funds
Romania's Minister of European Affairs, Leonard Orban, said the difference between the funds Romania received from the EU between January 1, 2007 and June 30, 2011, and its contribution to t...
Romania To Set Up Team To Implement Broadband Internet Access Project Next Week
Romanian Communications Minister Valerian Vreme said Thursday the team tasked with implementing the project developing broadband Internet infrastructure in areas currently not covered by ope...
Open-End Fund Assets Rise 1% M-M In Aug, To RON6.9B
The value of assets held by local open-end investment funds rose 1% on the month in August, to 6.871 billion lei (EUR1.61 billion), from RON6.804 billion in July, according to data published...
Rural Development Payments Agency Disbursed Over EUR3B Since 2007
Romania's Agency for Rural Development and Fishing Payments (APDRP) disbursed, by August 24, EUR2.52 billion of the funds allotted through the National Rural Development Program 2007-2013, p...