Romania did not lose one euro of structural funds in 2013


Whilst in Brussels on Tuesday, Minister Eugen Teodorovici was congratulated by Johannes Hahn for the last year absorption rate.

The European Commissioner for Regional Policy Johannes Hahn on Tuesday congratulated the Romanian Minister of European Funds Eugen Teodorovici for Romania’s last year’s performances in absorbing structural funds, underlining that the country did not lose a single euro by the end of 2013 through decommissions of EU funds, Agerpres reports. “Of course, we have extended n+3 (financing rules for the extension of the period of annual allocation of EU funds) and the requirement of spending all the money by the end of the financial term still stands. But I think that it is important to underline that by the end of 2013, not one euro was lost,’ said the European official during a joint press briefing with the Romanian minister.
Hahn mentioned that he also discussed with Eugen Teodorovici Romania’s preparation work within the Partnership Agreement for the next schedule term, and the country stands around the average of member states from this point of view. ‘So far we have received from the 28 member states three official drafts and I was informed that Romania will submit its official draft in the first half of February, which means it is more or less lined up with most of the member states; this is also true for the operational programs, and I think we are on the proper path with respect to the new schedule period,’ the European Commissioner stated.
Eugen Teodorovici said that Romania has the right to launch projects under the new financial framework until the European Commission approves these documents for Romania (the Partnership Agreement). “Also very important is that we shall start to spend the money under the next financial framework right from the very first year, we want to take this step as soon as possible in Romania,’ Teodorovici stressed.
The minister thanked the EU Commissioner for the support the EC has offered Romania last year, when Romania recorded a high absorption rate, i.e. 33.47 percent, also reiterating that Romania has to spend about EUR 12 bln in the upcoming two years.
According to a release of the Ministry of European Funds (MFE), the absorption rate at the end of 2013 reached 33.47 percent, four times the level recorded in early May 2012. The amounts claimed by Romania to the Commission for repayment stood at roughly EUR 6.43 bln. In 2013, Romania claimed more than EUR 3.56 bln in repayments from the Commission, i.e. more than over the entire 2007-2012 period.
On December 31, 2013, the repayment rate stood at 26.49 percent, by 3.5 times higher than the one recorded in early May 2012. Romania received more than EUR 5.09 bln in structural and cohesion funds in the current programming period. In 2013, the total amounts that were claimed by Romania totaled more than EUR 2.88 bln, more than over the entire 2007-2012 period.
The Ministry of European Funds had an ample informal dialogue with the services of the European Commission for the preparation of the 2014-2020 Partnership Agreement. The Romanian authorities will send the proposal for the Partnership Agreement in the next period. At the end of the meeting, the two officials will talk to the press.

1 Comment

  1. Paul B says:

    I would be very interested to see a list of all the Projects and how much was spent on each one, the principle companies involved. Hopefully the funds were not all absorbed in consultancy fees. The other area that concerns me is the quality of the work as guarantees mean little, if a company is dissolved.
    We all know that as soon as a new road is made the Utility Companies dig it up three times over and never repair it properly. This is bad management.

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