Romania Contracted Projects Worth EUR4.5B Through Regional Operational Program

The EU-funded projects contracted by Romania through the regional operational program (POR) by the beginning of this week are worth EUR4.5 billion and exceed the budget allotted to the program, of EUR4.4 billion.

46 views

Imaginea articolului Romania Contracted Projects Worth EUR4.5B Through Regional Operational Program

Romania Contracted Projects Worth EUR4.5B Through Regional Operational Program

Payments made through POR stand at about EUR1 billion.

Speaking at the conference MEDIAFAX Talks About European Funds organized Thursday, POR Management Authority general manger Gabriel Friptu said 75% of the budget of the European Regional Development Fund (ERDF) has already been contracted.

Referring to Romanian authorities' decision to reduce state pre-financing ceiling for EU-funded projects, Friptu pointed out that the decision might impact local authorities with low budgets.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.

 

The free download of the press materials (text, photo and / or video), bearers of intellectual property rights, is approved by www.mediafax.ro only within 250 signs. Spaces and URL / hyperlink are not taken into account when counting signs. The collection of information can only be done in accordance with the terms agreed and mentioned here