Romania absorbs 10% of structural funds - March 7th 2010
Romania absorbed 10 % of the funds granted by the European Union three years after its accession, Euroalert.net announced on January 25th, data included in the report of the Authority for the coordination of structural instruments - EUR 600 million. According to the quoted source, the Authority has released on January 12 a report presenting the situation of the European funds absorbed in December last year, when payments were made from structural funds amounting to EUR 40 million, almost two times less than November. Last year, most funds were directed to the economic competition program - 934 projects - and the regional program - 578 implemented projects, reports the source, stating that the absorption rate remained at 16.40 % and respectively 15.35 % for these two sectors. However, the program that had the lowest advance was transportation, with a 2.4-% absorption rate in December.
Source: Agerpres |