Romania expecting year-end EU funding absorption rate in excess of 35 pct

Romania's European funding absorption rate will be in excess of 35% at the end of the year, Minister for European Funds Eugen Teodorovici on Friday told a press conference in Brasov.'Our target this year is to bring 2.5 billion euros into the country. This objective is met for sure right this October because 650 million euros will flow in by the end of the month, plus half a billion euros by the end of the year, so that at year-end the ...

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