Romania is refunded EUR 565 mln in 2015, half of the money goes to transport

Newsroom 09/03/2015 | 12:33

Romania has received from the European Commission reimbursement amounting to EUR 565 million since the beginning of the year, almost half the amount going to transport, according to Mediafax. The rate of absorption reached over 52 percent and is expected to increase to 80 percent by December.

“Romania received this year more than EUR 565 million from the European Commission. In February, our country has been reimbursed funds of over EUR 460 million, and in the first days of March it received other funds worth about EUR 104 million,” stated in a press release EU Funds minister Eugen Teodorovici.

Of the total reimbursed amount, EUR 299 million went to the Sectoral Operational Programme Transport (POST) and about EUR 158 million to the Human Resources Development Programme (POSDRU). From EUR 80 million benefits the Regional Operational Programme (POR), the Technical Assistance Programme (POAT) was refunded EUR 17 million and EUR 12 million went to the Sectoral Operational Programme Environment (POSM).

For the 2014-2020 programming period, Romania will benefit from European funds worth about EUR 43 billion, of which over EUR 22 billion is allocated for cohesion policy.

The programme with the largest allocation is the Large Infrastructure Operational Programme – EUR 9.41 billion. The National Programme for Rural Development has allocated EUR 8 billion and POR – EUR 6.7 billion.

Staff

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