European Commission resumes payments on Romania’s EUR 3.4 bln HR program

Newsroom 20/02/2013 | 12:35

Romania received EUR 141.5 million on Monday for the EU-funded Human Resources Development Program (POS DRU), which was unblocked earlier this month.

The European Commission blocked this program in August 2012 over fraud concerns regarding funds used in the 2009-2011 period. Three sectorial programs focusing on regional development, transport and economic competitiveness remain suspended.

‘The restart of payments for the European Commission ensures the necessary resources to get payments back on track, so the program development returns to normal,” said Eugen Teodorovici, European Funds minister. In the near term, he aims to unblock the remaining programs.

Romania has 2,455 ongoing financing contracts on the POS DRU, which has a total budget of EUR 3.4 billion.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue