Minister: Romania attracted EUR 8.6 billion in EU funds in the past 18 months

Anca Alexe 05/03/2019 | 08:31

European Funds minister Rovana Plumb said on Monday that Romania has reached the average EU funds absorption rate and has attracted EUR 8.6 billion over the past year and a half.

Plumb used the middle of 2017 as a reference point, as that was the date when management authorities received their accreditations.

“At the EU level, the average absorption rate is 29 percent, and Romania’s is 28 percent. So far, EUR 8.6 billion in structural and investment funds have entered Romania, so we hope to have an even better performance in 2019,” said the minister in a television appearance on Monday.

EUR 3 million of the total went towards agriculture, according to Plumb, but this does not include direct payments made to farmers.

BR Magazine | Latest Issue

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

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Anca Alexe | 29/11/2022 | 10:17

    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
    I agree with the storage and handling of my data by
    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