Orban stressed Romania is not a net contributor to the EU budget and has managed to become a net financial beneficiary of the EU budget despite its poor absorption of EU funds.
“Romania boasts a net financial benefit from the EU of over EUR5.6 billion,” Orban said, citing financial data at the end of 2011. Orban also warned against major risks envisaged for the end of 2013, “when the funds virtually absorbed must exceed EUR8 billion.”
“Should this year’s endeavors be abandoned and should there be any incident whatsoever, the effects shall be deeply felt at the end of 2013, when the country risks losing billions of euros,” said Orban, adding “many shortcomings of the Romanian society and administration seriously affect this process.”