Between 2012 to 2013, the amount taken through POS CCE totals EUR1.37 billion.

Romania may also lose EUR213.8 million in 2012, according to the Economy Ministry.

In October, the European Comission EC pre-suspended three programs co-financed through EU’s structural funds, namely Transports, Regional and Economic Competitiveness.

Thus, the three programs entered pre-suspension procedure, which means payments will be blocked for two months, until Romania remedies all deficiencies acknowledged by the Commission following the audit.

The secretary of state with the Economy Ministry Adrian Ciocanea said Friday the issue of suspending the European funds will be solved in 2013, after the EC evaluation.

The value of projects submitted within POS CCE, including amounts from the state budget and the European Fund for Regional Development, totals 39.5 billion lei, (EUR8.73 billion) at RON13.39 billion assignment.

The level of payments sets at RON2.5 billion, which represents 18.73% of the total. (EUR1=RON4.5220)