“The money will be used to refund eligible expenses, excluding pre-financings, for July, August and September, as follows: RON205,000 for July, RON295,000 for August and RON310,000 for September,” according to the press release.

The measure is temporary, as the ministry will get the money back from amounts refunded by the European Commission, until December 17.

The ministry also said the amounts granted as pre-financings by the European Commission had been depleted due to the huge gap between the pre-financing percentage granted by the Commission (9% for the European Regional Development Fund (ERDF) of the amounts allocated for ROP) and the pre-financing percentage granted by Romania to the beneficiaries of projects financed via ROP from structural instruments (maximum 35%).

The press release also reads that the low value of payment applications submitted to the Commission based on the expenses of the beneficiaries entailed finding other sources to finance expenses within ROP. (EUR1=RON4.5848)

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