Chevron pays damages to Romania, Laura Codruta Kovesi does not resign, Davis Cup matches in Piatra Neamt
European Commissioner for Regional Policy, Corina Cretu, urged Romania to step up the implementation of European-funded projects. She said she was...
European Commissioner Corina Cretu has recommended a deep-going administrative reform to improve the absorption of European funds in Romania
NATO Secretary General emphasizes Romania's role; Radio-TV fee removal criticized
With 74% at the end 2015, Romania has the lowest absorption rate of EU funds in the European Union.
The Minister for European Funds, Aura Răducu, wants Romania to absorb 70% of the funds made available by the EU by the end of the year.
Romania is among the 8 EU states that have reported a low absorption rate of structural and cohesion funds, below 60%. The European Commission on Monday passed new regulations meant to help member countries use those funds better.
