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EU funds for Romanian vine growers contracted 85pc

Romanian vine growers have submitted projects for the restructuringconversion of vine plantations for the 2006-2007 campaign, to a level of 85 percent of the funds earmarked to Romania by the European Union.According to the Agency for Agricultural Payments and Intervention (APIA), Romania has to absorb at least 80 percent of the funds earmarked for this sector, or else faces penalties in the shape of diminished funds for the next year.The funds are allocated based on documents attesting to ...

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Economic

Tuesday, June 19, 2007