European Funds minister: Absorption rate hopefully at 75 pct, could grow even higher

Romania's EU funds absorption rate could reach as high as one hundred percent, but with retrospective projects that do not meet certain requirements, the current rate is 75 percent, Minister for European Funds Aura Raducu told the Chamber of Deputies' European Affairs Committee. "We have the right to sign contracts for retrospective projects until March 31, ...

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