“We are talking about financial corrections applied for irregularities found until November 2011,” said Prime Minister Victor Ponta, adding Romania is not losing the money, but it can longer use it for the projects targeted by corrections.
Last week, the Government decided that financial corrections applicable on awarding public procurement contracts will be covered from state budget funds.
So far, financial corrections imposed by the European Commission have been imposed on contracting authorities and had to be paid from local authorities’ budgets, but many county councils took legal action against the ministries managing the respective programs and often won in court.