ECONOMY FINANCE&BANKING

European Commission freezes payments for POSDRU again

The European Commission (EC) has notified the European Funds Ministry that the payments for the Development of Human Resources Operational Sectoral Programme (POSDRU) will be frozen again because of irregularities in the way the projects were selected, irregularities discovered by European officials who conducted an audit mission from October 21 to November 10 last year. POSDRU payments were interrupted or suspended by the EC several times in recent years, against the backdrop of suspicions of fraud.

Following the irregularities noted, the European Commission has now decided not to accept the clearing of payments that Romanian authorities had requested for expenditures made by beneficiaries after August 2012.

EUR 3.4 bln was the sum earmarked for POSDRU as part of the 2007-2013 financial framework, this being one of the most important programmes financed with European grants.

“The European Funds Ministry has received from the European Commission a notification about the interruption of the payment deadline for the intermediary request filed on 31 December 2015, which concerns expenditures made by the beneficiaries after August 2012. The reasons for the interruption concern deficiencies in the functioning of POSDRU’s management and control system, more precisely deficiencies that have to do with the project selection procedures and with the first-level verifications carried out by the Management Authority and the Intermediary Bodies subordinated to the Labour Ministry and the Education Ministry,” the European Funds Ministry announced on Tuesday evening.

 

Related posts

Advantage Austria: Austrian-Romanian bilateral trade volume reached over 4 bn. EUR – a new “all time high”

NINE O'CLOCK

PM Ponta: Fiscal Code implementation would boost job growth

Nine O' Clock

Business Environment Minister Petrescu: Small entrepreneurs can receive 50,000 lei to create visual identity

Nine O' Clock