The country has attracted EUR4.98 billion of the funds allotted for 2007-2013.

The highest fund absorption rate was registered by the operational program for regional development – 44.19%. Funds attracted under the program amount to EUR1.64billion.

EU funds minister Eugen Teodorovici said in December 2012, when he was sworn in, he planned to raise Romania’s absorption rate to 50% by the end of 2013.