RRI Live!

Listen to Radio Romania International Live

More EU funds in Romania

European money is reaching the Romanian economy 5 times faster than before the first half of last year, and its absorption has increased by almost 10%, the Romanian Government says.

Dragoş Pîslaru, Minister of Investments and European Funds
Dragoş Pîslaru, Minister of Investments and European Funds

, 08.01.2026, 14:00

European funds are the most accessible way for Romania to reduce development gaps compared to Western states. The money is granted by the European Commission for investments in infrastructure, digitalization, environment, education, employment and rural development. Since joining the European Union in January 2007, Romania has received 106 billion euros and contributed 35 billion euros to the EU budget. Over the years, however, governments in Bucharest have encountered difficulties in attracting and spending these funds efficiently. However, the situation seems to have changed.

 

The Romanian Minister of Investments and European Projects, Dragoş Pîslaru, said that, in the last 6 months, European money has started to reach the economy 5 times faster and mechanisms that seemed blocked have been set in motion. In a Facebook post, he said that a comparative analysis of the data highlights a massive and unprecedented acceleration of the absorption process in recent months, compared to the entire period since the beginning of the 2021-2027 financial year, respectively, from 3 billion euros to 6.3 billion euros. Thus, Pîslaru says, the absorption rate of European money has increased from 9.91% to 20.4%. The minister also explained that, before June 2025, the state was paying an average of 87 million euros per month from European funds, and in the second half of last year it reached over 456 million euros per month. Also, the capacity to bring money back to the state budget has also increased, in the previous period the average being approximately 54 million euros per month, while in the current mandate exceeding 374 million euros per month, an almost 7-fold increase in the reimbursement rate.

 

“European funds are our only real chance to compensate for the budget deficit and to repair the effects of the populist management of national money in the past”, the minister also wrote. He announced that in 2026, the Government aims to attract at least 15 billion euros of European funds, double the maximum absorption level so far. This money will be invested in hospitals, schools, highways, local infrastructure and economic competitiveness, Pîslaru also said.

 

The next multiannual financial framework, 2028–2034, provides for total allocations of 60.2 billion euros for Romania. As regards the National Recovery and Resilience Plan, the Minister recalled that, in December 2025, Bucharest submitted to Brussels the 4th payment request, worth about 2.6 billion euros, which included 62 targets and milestones. Among the institutions that are to receive money are the ministries of Environment, Energy, Justice, Finance, Health and Labor. Among the projects mentioned in the payment request are the rehabilitation of 13 dams and the modernization of flood protection, the completion of the listing of a package of up to 15% of the shares of Hidroelectrica (the main electricity producer in Romania), the digitalization of the judicial system and the general fiscal reform. (EE)

Ciprian Ciucu (Photo: facebook.com/PMBucuresti)
Today in the News Friday, 19 June 2026

Mayors with legal issues

A series of political upheavals have occurred in Romania, where parties have been searching for a new government formula for over a month, following...

Mayors with legal issues
Новый Европейский парламент
Today in the News Friday, 19 June 2026

MEPs and Russian Drones

According to a resolution adopted Thursday in Strasbourg by a large majority of MEPs, the European Union will not be intimidated by Russia’s...

MEPs and Russian Drones
Photo: Emil Kalibradov / unsplash.com
Today in the News Thursday, 18 June 2026

Record Inflation in Romania

Amid a period of political uncertainty following the government’s collapse due to a no-confidence vote, Romania is simultaneously grappling with a...

Record Inflation in Romania
sursă foto: facebook.com/FITSibiu
Today in the News Thursday, 18 June 2026

          FITS 2026

In a country where the political circus threatens to suffocate everything, authentic theatre still preserves pockets where one can breathe freely....

          FITS 2026
Today in the News Wednesday, 17 June 2026

Protests against the salary law

Romania’s draft law on unified salaries continues to generate dissatisfaction among various categories of state employees. Put out for public...

Protests against the salary law
Today in the News Wednesday, 17 June 2026

MEPs call for military reinforcements on the Eastern Flank

On Tuesday, the European Parliament debated the security incidents in Galați and Constanța (southeastern Romania) involving drones. As a reminder,...

MEPs call for military reinforcements on the Eastern Flank
Today in the News Tuesday, 16 June 2026

Current account deficit level drops

The struggle of the Romanian authorities with excessive deficit levels that affect Romania’s budget and financial stability is well known. The...

Current account deficit level drops
Today in the News Tuesday, 16 June 2026

The Republic of Moldova and Ukraine, one step closer to the EU

The Republic of Moldova and Ukraine opened the first chapter of their EU negotiations in Luxembourg on Monday. This is one of the most important...

The Republic of Moldova and Ukraine, one step closer to the EU

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company