european funds

The Ministry of Finance’s plans for 2027: diesel excise duty compensation, funds for investments and new financing for companies

Finance Minister Alexandru Nazare claims that the state must discipline its spending and stop introducing permanent measures in the absence of permanent sources of financing.

Victor Negrescu warns Romania risks not fully using the estimated 60.2 billion euros in European funds

Romania risks not being able to fully use the 60.2 billion euros estimated for the period 2028–2034, due to technical provisions in the future financing mechanism, warned MEP Victor Negrescu, after participating in a European meeting of heads of management authorities, organized in Cluj-Napoca.

Bolojan: “We still have to attract over 4.5 billion euros.” Which reforms remain to be implemented?

Ilie Bolojan announced that "we still have to attract over 4.5 billion euros in the form of grants." The interim prime minister stated that there are still six important legislative projects to be implemented.

Romanian Authorities Must Compare Prices Of Similar EU-Funded Projects – Banker

Romania's EU fund management authorities and the Ministry of European Affairs should be able to look up and compare the prices of similar projects, because in some instances the difference between them is considerable, said Radu Gratian Ghetea, president of CEC Bank.

Romania’s EU Fund Absorption Rate Still Lowest In Region

Romania's European fund absorption continues to be the lowest in Central and Eastern Europe (CEE), with especially low payment ratios recorded for transport and environmental programs, according to a study compiled by consultancy firm KPMG.

Co-Financing, Romania’s Main Problem In Attracting EU Funds – State Secretary

Romanian Tourism and Regional Development Ministry secretary of state Barna Tanczos said Wednesday that co-financing has become the country's main problem in absorbing European funds.

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.