EU Funds Sit In Brussels’ Vaults And Treasury Pays For EU-Funded Projects Instead

04.13.2012 By Iulian Anghel

The Finance Ministry will request the government to allocate 2.4 billion lei (EUR550 million) for loans to the EU fund management authorities in the second quarter, after such loans from the Treasury for European projects amounted to RON1.4 billion (EUR320 million) in the first quarter, Finance Minister Bogdan Dragoi announced.

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