absorption
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Erste CEO: Romania’s EU Fund Absorption Rate To Improve Considerably In 2012
Romania’s European fund absorption rate will improve considerably next year and will help the economy recover, Erste Group Bank chief executive Andreas Treichl said Friday.
EC: Romania Falling Further Behind Rest Of EU Because Of Poor Fund Absorption
Romania's poor absorption of European funds, only 3.5%, may cause the country to not only be allotted less money in the next EU fiscal plan, but also to lag further behind the rest of the Un...
Minister Leonard Orban Wants EU Fund Absorption Rate Of At Least 20%
Romanian Minister for European Affairs Leonard Orban said Thursday he wants Romania to reach a European fund absorption rate of at least 20% by the end of 2012.
EU Fund Absorption Up 3.3% In August After 60% Drop In July
The payments made by authorities for EU-funded projects went up by merely 3.3% in August, after a 60% decline in July compared with the previous month.
HR Fund Management Authority Head: I Don’t Believe We Can Absorb All EU Money
Carmen Ionel, who in early May took over the position of general manager of the Management Authority for the Operational Program for Human Resource Development (AMPOSDRU), believes that Roma...
Shock Change For EU Funds: Pre-Financing Down From 30% To 10%
Those who won EU-financed projects in the last few months will no longer be able to receive 30% pre-financing to start the activities of the project, as was the case for beneficiaries of EU...
Romania Added EUR4B To EU Budget, But Took Back Just EUR600M
Romania has paid more than EUR4 billion as a mandatory contribution to the European Union budget, since the country's integration in 2007, but took back only EUR600 million.
Boc: Faulty Auctions Can Impair EU Fund Absorption
Romanian Prime Minister Emil Boc on Saturday warned that faulty auctions and conflicts of interest among local authorities can impair the absorption of European funds and called for transpar...
Boc: EU-Funded Contracts May Be Terminated If No Work Done In Six Months
Romanian Prime Minister Emil Boc said Saturday that a EU-funded contract might be terminated if no work has been done on the project six months after signing.