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Romania PM Urges Local Authorities To Back Investments, EU Funds Absorption
The Bucharest prefecture must see that local authorities observe the government policy targeting investments and efficient absorption of European Union funds to prevent related problems and deficiencies this year, Romanian Prime Minister Emil Boc said Saturday.
11 viewsRomania PM Urges Bucharest Prefecture To Back Govt With Invests, EU Funds Absorption
"The government earmarked 20% of the state budget for investments and simplified both public procurement procedures and the absorption process of EU funds. However, if the government’s decisions are ignored at local level, the year 2009 will become a total fiasco in terms of investments and EU funds absorption," Boc pointed out Saturday within the investiture ceremony of Bucharest prefect and deputy prefects.
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