FUNDS
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Government Allots RON25M For School Repairs
Romania’s Government on Wednesday allotted 25 million lei (EUR5.5 million) for works to modernize several schools and connect them to the water supply network.
Farmers Can Get EUR25M In EU Funds To Invest In Irrigation Systems
Romanian farmers can apply for total non-reimbursable EU funding of EUR25.5 million between September 3 and 28, to invest in irrigation systems, Romania’s Paying Agency for Rural Development...
Romania To Borrow Money From Treasury Again For EU-Funded Projects
Romania’s Government wants to borrow 400 million lei (EUR88.3 million) from the Treasury to cover payments for the EU-funded operational program “Increasing Economic Competitiveness”.
Romania May Stop Funding City Halls Which Spent Money From Previous Government Improperly
Romania’s Finance Ministry will stop payments from income tax and VAT collections provided to local authorities, for the city halls which received money from the Government's reserve fund du...
Conservative Strategy Pays Off As Money Market And Bond Funds Beat Bank Deposits
Money market and bond funds have been the most profitable funds in the past year, with yields of up to 8%, while equity funds, which subject investors to a high risk, posted losses because o...
SE Europe Is No Longer In Fashion For Private Equity Funds
Attracting funding is currently the main problem for private equity funds in the region because investors in the US and in Western Europe are no longer interested in South Eastern Europe.
EU Officials Gather In Bucharest To Sign Joint Act On EU Funding In 2014-2020
The prime ministers of European Union states, gathered Friday in Romania’s capital Bucharest for talks on EU financing for the 2014-2020 period, will sign a joint declaration aimed to mainta...
Civil Engineering To Be Romanian Construction Sector’s Main Growth Driver - Survey
Civil engineering will be the main growth driver of Romania’s construction industry in the next years, mainly due to infrastructure projects financed with European funds, according to a surv...
EU Funds Help The Economy With EUR173M In April
April was the best month this year for the absorption of EU funds, with EUR173 million going into the economy.