8.9 C
Bucharest
February 28, 2021
ECONOMY FINANCE&BANKING

Almost EUR 800 M in EU grants for modernising public administration

Almost EUR 800 M in EU grants have been allocated to Romania for reforming and modernising its public administration in 2014-2020, European Regional Policy Commissioner Corina Cretu stated on Tuesday in a meeting with Romanian Finance Minister Anca Dragu at the European Commission headquarters in Brussels.

“European structural and investment funds represent a significant part of the total budget available for public investments, and the strengthening of the administrative capacity to manage these funds will generate more efficient investments with a larger impact. In 2014-2020, European grants of almost EUR 800 M have been allocated to Romania for reforming and modernising its public administration,” Cretu stated.

According to a communiqué released by the European Commission’s Representation in Bucharest, the two officials mainly discussed about consolidating administrative capacity in Romania and the way in which the EC can support Romanian authorities in this undertaking.

“The European Commissioner encouraged the Romanian side to use the “Peer to Peer” instrument that allows civil servants from various EU member states to offer counselling to and to share with their colleagues their experience when it comes to implementing projects financed with European grants. Following the meeting today, the two officials agreed that there is the need for sustained efforts on the part of Romanian authorities in order to improve the situation in what concerns the use of European grants. Corina Cretu reminded that, apart from ensuring national co-financing for operational programmes included in the 2014-2020 financial framework, Romania has to prepare new and mature projects that would have a real impact on people’s lives,” the aforementioned communiqué reads.

At the same time, Corina Cretu encouraged the Romanian side to use other financial instruments too, precisely in order for public investments to have a multiplying effect in the economy.

In this sense, the European Regional Policy Commissioner pointed out also that Romania can confidently call on the DG Regio’s expertise in the complementary use of financing from the European structural and investment fund and the European strategic investment fund, as part of the investments plan for Europe.

Related posts

Labour Minister: Capping child-rearing indemnities will put end to the defrauding of the Romanian state; will affect only several persons who “baffled” the system

Nine O' Clock

PM Ponta: It’s high time for measures to support business

Nine O' Clock

PwC global survey: 74% of companies intend to increase the investments in technology to improve HR processes

NINE O'CLOCK