FUNDS
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Romanian SMEs To Be Able To Access EUR60M For Investments In Energy Saving Projects
Romanian small and medium-sized enterprises, energy services firms, as well as associations of owners will be able in the next three years to access funds of EUR60 million ensured by the EU...
Orban Calls For Reduced Red Tape In EU Funds Accession
Romania’s European Affairs Minister Leonard Orban on Thursday said he will submit to the Government in two weeks a memorandum including measures to simplify bureaucratic procedures allowing...
Romania To Stop Infrastructure Development Program, Money Reserved For Contracted Projects
Romania will terminate the National Infrastructure Development Program (PNDI) because of financial constraints, so the earmarked budget will be reduced by 15.9 billion lei (EUR3.63 billion)...
EU Funds Sit In Brussels’ Vaults And Treasury Pays For EU-Funded Projects Instead
The Finance Ministry will request the government to allocate 2.4 billion lei (EUR550 million) for loans to the EU fund management authorities in the second quarter, after such loans from the...
Romania Registers Very Low EU Fund Absorption Rate – EU Commissioner
Romania has a very low EU fund absorption rate five years after it joined the European Union, European Commissioner for Maritime Affairs and Fisheries Maria Damanaki said Thursday in Buchare...
Funds Allotted To Romanian Healthcare Sector Doubled Over Past Five Years
The funds allocated to Romania’s healthcare sector have doubled over the past five years, reaching nearly 20 billion lei (EUR4.5 billion) in 2011 compared to RON10 billion in 2006, Lucian Du...
EU Approves EUR771M Financing For Romanian Railway Upgrades
The European Commission has approved total financing of EUR771 million to Romania for the upgrade of two railway segments that will cost EUR944 million, and is expected to approve financing...
Money-Market Funds Get Most Investments, But Equity Funds Are More Profitable
Investments in mutual funds rose to 170 million lei (about EUR39 million) in February, which shows a rebound of the market after the decline in the last quarter of 2011.
EU Halts Payments To Romania For Human Resources Programs
The European Commission has officially notified Romania it is halting payments for EU-funded human resources programs, Government spokesman Dan Suciu said Tuesday.