According to Orban, the document will be included in the National Anticorruption Strategy.
Institutions that manage EU funds will have to post the Code on their websites.
Nonobservance of the new rules will trigger disciplinary, civil or criminal punishments, said the minister.
The Government decided October the National Integrity Agency (ANI) will give full priority to analyzing ministries’ notifications regarding possible conflict of interest in managing European funds.
European Commission representatives warned President Traian Basescu and Orban that Romania might lose EU funds if it fails to investigate suspicions regarding possible conflict of interests in awarding projects financed with structural funds, people close to the matter told MEDIAFAX at that time.
If checkups are not carried out, the Commission may declare Romania’s refund requests ineligible, and the country stands to lose a part of the EU funds allotted, said the sources.