08.01.2013

Romania’s EU fund absorption rate leapt spectacularly in July, when the country attracted over EUR700 million. The amount is almost similar to refunds attracted by Romania in the first six months of more

07.08.2013

Romania’s current EU funds absorption rate reached over 19% on July 5 after the country submitted refund requests to the European Commission (EC) for an additional EUR135 million through the more

07.08.2013

Romania obtained refunds of only EUR23 million in June from the European Commission and submitted refund requests for only EUR227 million, which means it risks losing a great deal of EU funds. more

06.05.2013

Romania attracted EUR712 million in European structural and cohesion fund in the first five months of the year and the country’s fund absorption rate reached only 15% at the end of May, from 11.4% more

12.19.2012

Romanian outgoing Minister for European Affairs Leonard Orban said Wednesday the country’s EU fund absorption rate might rise to about 15% by the end of the year. more

12.05.2012

Romania’s cohesion and structural fund absorption rate remained unchanged in November, at 9.72% (EUR1.867 billion), as payments from the European Commission were zero. more

10.09.2012

Romania’s structural and cohesion fund absorption rate increased 0.01% in September, according to data published by the Ministry for European Affairs. more

09.22.2012

Romania’s low absorption rate of European Union financing is due to the fact that only 15% of EU’s structural and cohesion funds allocated to Romania for the 2007-2013 period targeted the private more

08.14.2012

The European Commission sent refunds worth EUR96 million to Romania in July, these being the last funds that the EU has sent into the local economy until the European officials finalize their audit in more

07.10.2012

The ambitious target of the former Government, led by prime minister Emil Boc, to attract EU refunds of EUR3.5 billion has been missed. more

06.07.2012

Romania obtained non-reimbursable EU funds worth a total of EUR253 million in May, raising the actual absorption rate to 8.7%, 1.3 percentage points higher than at the end of April. May was the second more

05.16.2012

April was the best month this year for the absorption of EU funds, with EUR173 million going into the economy. more

04.27.2012

The best proof that Romania is lagging behind in terms of attracting European funds was given on Wednesday during a visit by the president of the European Council. more

04.06.2012

In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million. more

04.04.2012

Romania's rate of absorption of structural and cohesion funds was up to 7.4% in March, or 6.56% considering only actual transfers from the European Commission, Leonard Orban, Minister of European more

03.14.2012

Romania’s structural and cohesion fund absorption rate increased by 0.75% in February to 6.30%, according to data published Wednesday by the Ministry for European Affairs. more

02.22.2012

Put in charge of the newly-created Ministry of European Affairs with the declared purpose of attracting more European money, five months on Leondard Orban stresses the limits of his mandate: “I am more

02.15.2012

The heads of management authorities in charge of drawing EUR19.7 billion in EU funds come with different arguments when it comes to explaining why no payments were made in January: some say either the more

02.14.2012

Not one euro refunded by the EU from the structural and cohesion funds. This is what the first month of the year looked like, a year in which the Romanian authorities plan to attract EUR6 billion – more

01.12.2012

EU reimbursements – the amounts disbursed by the EU for works already delivered – which is what really counts when we are talking about EU fund absorption and represent in fact the absorption more

12.20.2011

The EU fund absorption rate registered by the Romanian Transport Ministry reached 11% this year, up about 10 percentage points compared with 2010, when payments stood at EUR16 million. more

12.06.2011

Romania’s structural and cohesion fund absorption rate stood at 3.72% at the end of November, according to data published Tuesday by the Romanian Ministry for European Affairs. more

10.28.2011

Romania’s European fund absorption rate will improve considerably next year and will help the economy recover, Erste Group Bank chief executive Andreas Treichl said Friday. more

10.27.2011

Romania's poor absorption of European funds, only 3.5%, may cause the country to not only be allotted less money in the next EU fiscal plan, but also to lag further behind the rest of the Union, said more

10.13.2011

Leonard Orban, Minister of European Affairs, said Thursday that Romania's EU fund absorption rate has not improved in the last few months by more than 0.2%, because of the decision to stop sending the more