Meeting in an extraordinary session, the interim government in Bucharest adopted on Monday a memorandum proposed by the Ministry of Investments and European Projects, finalizing the third negotiation on amending the National Recovery and Resilience Plan (NRRP). Acting Prime Minister Ilie Bolojan said that the negotiations held over the past two months aimed to clarify how Romania will implement the 66 reforms and 385 milestones it committed to, so that European funds are not lost. Most discussions focused on the investment component, in order to avoid losing the grants.<\/p>\n
Ilie Bolojan: \u201cOne of the important negotiation elements concerns safeguarding the financing of motorways. Another important aspect is the European Commission\u2019s agreement that payments for motorways be made proportionally to the share of work completed, so that we do not lose significant amounts of money. Another important direction concerned reforms, milestones, and targets. The negotiations were conducted in such a way that, where we objectively cannot meet the targets \u2013 the railway sector, other areas, for example \u2013 the European Commission accepted reduced targets so that we do not incur financial losses.\u201d<\/p>\n
After the negotiations with the European Commission, Romania managed to keep the 13.6 billion euros in non refundable funds allocated for investments, Ilie Bolojan emphasized. He also said that by the end of August, Romania must attract almost 5 billion euros, so that works already in advanced stages can be paid. The negotiations with the European Commission regarding the latest modification of the National Recovery and Resilience Plan were concluded positively, and Romania retains a NRRP worth over 20 billion euros, keeping in full the component of non refundable European funds, interim Minister of Investments and European Projects, Drago\u0219 P\u00eeslaru, announced at the end of last week.<\/p>\n
He stressed that by realistically adjusting certain investment indicators and reformulating some milestones and reforms, major risks of penalties were eliminated, avoiding financial corrections that could have amounted to billions of euros lost. At the same time, P\u00eeslaru added, the essential objectives of the assumed reforms and investments were preserved.<\/p>\n
\u201cWe have obtained concrete solutions for important projects in infrastructure, health, energy, digitization, education, local development, and the environment. We have agreed on mechanisms that allow the recognition of progress already made on the ground, including through the use of reception reports for completed investments, and we have adapted certain milestones so that they can be fully implemented by the deadline. (…) Romania is not giving up reforms and is not giving up investments,\u201d Drago\u0219 P\u00eeslaru stated. According to him, the most important stage now follows, that is, implementation by August 31. (EE)<\/p>\n","protected":false},"excerpt":{"rendered":"
Meeting in an extraordinary session, the interim government in Bucharest adopted on Monday a memorandum proposed by the Ministry of Investments and European Projects, finalizing the third negotiation on amending the National Recovery and Resilience Plan (NRRP). Acting Prime Minister Ilie Bolojan said that the negotiations held over the past two months aimed to clarify […]<\/p>\n","protected":false},"author":108,"featured_media":1032056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[32234,34042,36102],"coauthors":[113249],"class_list":["post-1032238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-funds","tag-investments","tag-nrrp"],"acf":[],"yoast_head":"\n