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MEF: EU funds absorption rate posted at 15.18 percent, double compared to last year

The rate of absorption of European funds has reached 15.18 percent in the end of May, scoring an increase by 32 percent compared to the beginning of this year and by 103 percent compared to April last year, Ministry of European Funds (MEF) informed on Monday.Basically, on April 30, 2012, the absorption rate was 7.46 percent and in December 2012 11.47 percent.Moreover, the total amount drawn by Romania from the Structural and ...

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