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June 26, 2022
BUSINESS

Current absorption rate of EU funds has exceeded 25 pc



The current rate of absorption of European funds has exceeded 25 percent, the amount asked from the European Commission as reimbursement by Romania in the current programming period reaching to over EUR 4.9 bln, according to Minister of EU Funds Eugen Teodorovici. ‘This year, Romania has asked the European Commission reimbursement of over 2 billion euros , which was possible thanks to the measures taken to ensure the amounts required to pay beneficiaries and unlocking all operational programs. During the immediately following period, we have to accelerate the pace at which we ask for new repayments from the Commission, which will be possible only if the beneficiaries implement the projects as quickly as possible, and the state institutions are processing the needed documents in the shortest time ‘, said Minister of European funds Eugen Teodorovici , according to a press release remitted to Agerpres.
In the period January 1 to October 28, under the Regional Operational Programme, funds worth about EUR 700 M were requested to be repaid by the European Commission, the highest amount required per program. According to the MFE release, coming up next, in terms of the value of funds set to be reimbursed this year, are the Sectoral Operational Programme Human Resources Development, under which over EUR 484 M are going to be refunded and the Sectoral Operational Programme Environment, with documents sent for reimbursement in value of over EUR 456 M.
At the same time, expenditure declarations this year, under the Sectoral Operational Programme Transport, amounted to about EUR 373 M on October 28.

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