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)

Photo: gov.ro
Today in the News Wednesday, 06 May 2026

Ilie Bolojan government collapses

The government led by the liberal Ilie Bolojan was dismissed on Tuesday following the adoption of a no-confidence motion initiated by the Social...

Ilie Bolojan government collapses
SAFE instrument
Today in the News Wednesday, 06 May 2026

Signing of the SAFE Loan Agreement

Just before the vote of no confidence, the government in Bucharest approved on Tuesday, via a memorandum, the signing by the Minister of Finance of...

Signing of the SAFE Loan Agreement
European Political Community Summit (Photo: presidency.ro)
Today in the News Tuesday, 05 May 2026

Meetings for Europe in Yerevan

Created as a platform for dialogue following Russia’s invasion of Ukraine, the European Political Community Summit brings together leaders from...

Meetings for Europe in Yerevan
Premiile Gopo, la a 20-a ediție / Foto: Agerpres
Today in the News Tuesday, 05 May 2026

The 2026 Gopo Awards

The French have the Césars, the Americans have the Oscars — and in Romania, the most prestigious annual awards for film professionals carry the...

The 2026 Gopo Awards
Today in the News Monday, 04 May 2026

Bolojan Cabinet faces no-confidence motion

The motion was initiated by the Social Democrats (PSD), Bolojan’s former governing partners. In a surprising move, PSD has allied with AUR, the...

Bolojan Cabinet faces no-confidence motion
Today in the News Monday, 04 May 2026

Romania and National Recovery and Resilience Plan funding

The minister for investments and European projects Dragoș Pîslaru said Romania managed to recover 350.7 million euros from its National Recovery...

Romania and National Recovery and Resilience Plan funding
Today in the News Thursday, 30 April 2026

Romania at the Three Seas Initiative Summit

Dubrovnik hosted the 11th annual summit of the Three Seas Initiative, a platform founded in 2015 that brings together 13 countries located between...

Romania at the Three Seas Initiative Summit
Today in the News Thursday, 30 April 2026

EU unlocks loan to Ukraine

The European Union has recently approved the pledged 90 billion Euro loan to Ukraine as well as the 20th sanction package against Russia after three...

EU unlocks loan to Ukraine

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