The total amount of money beneficiaries will receive in the upcoming period stands at 133 million lei (over EUR29 million), said the ministry.

According to the ministry, the operational program’s management authority has signed 1,725 financing contracts over the past five months.

On July 1, the European Commission blocked the funds allotted to Romania for five operational programs (regional development, environment, transport, competitiveness and human resources) after it noted public procurement irregularities.

POS CEE ensures financing for small and medium sized enterprises, for research/development, IT and energy projects.