Payments made through POR stand at about EUR1 billion.
Speaking at the conference MEDIAFAX Talks About European Funds organized Thursday, POR Management Authority general manger Gabriel Friptu said 75% of the budget of the European Regional Development Fund (ERDF) has already been contracted.
Referring to Romanian authorities’ decision to reduce state pre-financing ceiling for EU-funded projects, Friptu pointed out that the decision might impact local authorities with low budgets.