Romania draws 11 billion euros under Cohesion Policy, CAP

Romania has so far attracted 11.04 billion euros worth of European funds under the ongoing programming period (2014-2020), through the Cohesion Policy and the Common Agricultural Policy (CAP), to which other 7.92 billion euros are added in direct payments to farmers, according to senior official with Romania's Ministry of European Funds Carmen Moraru.Thus, Romania's absorption rate reached 36pct, just three percentage points shy of the European Union average, ...

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