Romania To Attract EUR4.3B In European Funds In 2010 - PM

Romanian Prime Minister Emil Boc said Wednesday during a visit to Sibiu, central Romania, the country will attract EUR4.3 billion in European funds this year, adding the money could help economy out of the recession.

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Imaginea articolului Romania To Attract EUR4.3B In European Funds In 2010 - PM

Romania To Attract EUR4.3B In European Fund In 2010 - PM

Boc said Romanian businesses should use as many European funds as possible and submit projects to enter the international market.

The prime minister also said data show Romania will attract EUR4.3 billion in European funds this year, adding the country, which is expected to register a 1.3% economic growth, could thus come out of recession.

Boc said the Government must ensure laws to uphold Romania's profitable businesses. The prime minister mentioned the measures taken by the Government so far to support companies, namely maintaining the flat tax to 16%, extending furlough and granting aid for firms that make employments.

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