European fund absorption a hard nut to crack for Romania
In the financial years 2007 2013, Romania benefited of over EUR 32 billion (including national allocations) from behalf of the European Union. By the end of the year 2012, our country had consumed no more than a little over 10 per cent of the funds attributed.
There were many reasons this engine of development failed to work. Some people blamed it on the fact that we were beginners, that we had no specialists to elaborate and finish eligible projects for payment out of European funds.
Yet, the truth is actually different. It is the hunger after effortlessly gained money. It is a mentality to be encountered frequently with other nations as well. Many civil servants and employees of administrative structures thought they could get advantage by various tricks of the money we deserved from the European funds allocated to Romania. It was not so, because bureaucrats in Brussels discovered that many projects were merely on paper and were not applied in reality. As a result, many Sectoral Operational Programs POS (out of the eight) were closed.
POS for Human Resources was not functional for over one year. Many issues were also encountered in programs dedicated to competitiveness, transportation and environment.
It was just after solving trials between the Romanian authorities and the European Commission that the attraction of European funds returned to the attention of local and central officials, as a factor of growth and modernization.
For a good coordination of activity after the parliamentary elections in 2012, the structure of the present Government featured a special Ministry, that of European Funds. This Ministry proved its capability to a great extent. Especially that Romania, as well as other states, demanded the European Commission a two year postponement of the deadline in the absorption of European funds to the period of financial years 2007 2013. It was the famous N + 2. A formula other EU member states have benefited of previously as well. Therefore, until December 2015, we still have the right to use European funds out of the EUR 32 billion we mentioned above.
At the beginning of the year 2013, the rate of absorption had reached over 25 per cent. Recently, a high official in the Ministry of European Funds outlined the fact that the absorption of European funds could reach 51 to 53 per cent by end of this year, for the period 2007 2013. By the end of November, the rate of absorption reached 44.64 per cent and the value of expenses declarations sent to the European Commission reached EUR 8.576 billion.
Ar the end of this year, we will probably reach absorption of over 50 per cent. Up to this moment, I think we have transmitted to the European Commission EUR 400 million, I cannot tell you precise figures. The objective we have established is to assure 80 per cent of absorption until the end of the year 2015, a percentage that might be similar to that of many member states, the representative of the Ministry of European Funds showed.
There are also fields that performed outstandingly as absorbers of European funds. An example is represented by the programs coordinated by the Ministry of Agriculture and Rural Development (MADR). The absorption of European funds in rural development will reach a percentage of 82 per cent by the end of this year, Vice-Prime Minister Daniel Constantin, Minister of Agriculture and Rural Development declared at a conference that took place last week. The absorption of European founds for the program of rural development 2007 2013 went outstandingly and, by the end of this year, I hope we will reach a per cent of absorption of 82 per cent of PNDR. It is the program with the highest rate of absorption and I hope that, by the end of 2015 or, if the European Commission accepts Polands request, joined by Romania as well, to prolong by six months the N + 2 regulations, up to June 2016, Romania will reach a rate of absorption as close as possible to 100 per cent, Constantin mentioned.
On its turn, the Ministry for Informational Society (MSI) will reach a rate of fund absorption of 95 per cent by the end of 2015, and the IT & C department will represent direct investments in economy of EUR 1 billion during 2014 2020, Razvan Cotovelea, Informational Minister declared on Wednesday in a specialized conference.
Original post:
European fund absorption a hard nut to crack for Romania
- Implications of Free Trade between Mercosur and the European Union - PotatoPro - November 14th, 2025 [November 14th, 2025]
- However difficult to sell, the EU must get bigger - European Union Institute for Security Studies | - November 14th, 2025 [November 14th, 2025]
- European Union's Corrugated Paper Box Market Set for Growth to 30 Million Tons in Volume and $57 Billion in Value - IndexBox - November 14th, 2025 [November 14th, 2025]
- Red Cross and the European Union call for increased and local humanitarian investment in Latin America and the Caribbean in response to rising crises... - November 14th, 2025 [November 14th, 2025]
- RUBIO: "I don't think that the European Union gets to determine what international law is. They certainly don't get to determine is how the... - November 14th, 2025 [November 14th, 2025]
- Yes, there are political refugees from the European Union - Washington Times - November 7th, 2025 [November 7th, 2025]
- Kallas: The European Union will not allow a security vacuum in Bosnia and Herzegovina - European Newsroom - November 7th, 2025 [November 7th, 2025]
- The Presidency of Bosnia and Herzegovina Evaluated as Very Successful with the European Union Strategy for the Danube Region - European Newsroom - November 7th, 2025 [November 7th, 2025]
- Transforming Local Economic Opportunities: The European Union-funded ILO PROSPER Project Officially Launched in Southern Belize - EEAS - November 7th, 2025 [November 7th, 2025]
- The European Union supports strengthening cooperation between Bulgaria and the Republic of North Macedonia, said Valentina Superti from the EC -... - November 7th, 2025 [November 7th, 2025]
- The European Union is forging a new strategic alliance with Latin America - Peterson Institute for International Economics - November 7th, 2025 [November 7th, 2025]
- UNDP, DPPA and European Union Renew Partnership to Build National Capacities for Conflict Prevention - Unric - November 7th, 2025 [November 7th, 2025]
- Red Hat introduces confirmed sovereign support for European Union - telecomtv.com - November 7th, 2025 [November 7th, 2025]
- Private security firm says European Union vessel reaches ship raided by pirates off Somalia, all 24 crew on board safe - Yahoo - November 7th, 2025 [November 7th, 2025]
- Progress in Implementing the European Union Coordinated Plan on Artificial Intelligence (Volume 1) - OECD - November 7th, 2025 [November 7th, 2025]
- European Union restricts visas for Russian nationals over Ukraine war - The Hindu - November 7th, 2025 [November 7th, 2025]
- Jumptuit Awarded Trademarks in the European Union (EU) - PR Newswire - November 5th, 2025 [November 5th, 2025]
- Romania welcomes the publication of the Annual Package on the Enlargement of the European Union - European Newsroom - November 5th, 2025 [November 5th, 2025]
- US partners with unexpected ally in faceoff with European Union: 'Could jeopardize existing and future investments' - Yahoo - November 5th, 2025 [November 5th, 2025]
- Exclusive: Zelenskyy says 'Ukraine's future is in the European Union' - Yahoo News UK - November 5th, 2025 [November 5th, 2025]
- Kaja Kallas: Trkiye remains a key partner of the European Union - AnewZ - November 5th, 2025 [November 5th, 2025]
- European Union's SAN and ABS Copolymers Market to Reach 1.2M Tons and $2.6B by 2035 - IndexBox - November 5th, 2025 [November 5th, 2025]
- European Union tries to forge new climate targets before the COP30 summit in Brazil starts next week - The Daily Reporter - Greenfield Indiana - November 5th, 2025 [November 5th, 2025]
- Navigating the grey zone: Readiness, solidarity and resolve - European Union Institute for Security Studies | - October 30th, 2025 [October 30th, 2025]
- European Union's Metal Permanent Magnet Market Poised for Steady Growth with a 3.1% CAGR in Value - IndexBox - October 30th, 2025 [October 30th, 2025]
- European Union's Refined Rapeseed Oil Market Poised for Steady Growth With a 2.3% CAGR in Value - IndexBox - October 30th, 2025 [October 30th, 2025]
- European Union slaps a 1,600-crore fine on luxury brands Gucci, Loewe, and Chlo - Know why - ET BrandEquity - October 30th, 2025 [October 30th, 2025]
- 30th European Union Film Festival in Europe: A Global Cinematic Showcase Promoting European Art, Culture, and Tourism for Audiences Worldwide - Travel... - October 30th, 2025 [October 30th, 2025]
- European Union helps Ukrainian community of Vysoke open its first preschool - Agenparl - October 30th, 2025 [October 30th, 2025]
- European Union's Plastic Tubes and Pipes Market Set for Steady Growth with a 2.4% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- Bulgaria, as a member of Schengen, will continue to contribute to the overall security of the European Union, said the Bulgarian interior minister -... - October 28th, 2025 [October 28th, 2025]
- European Union's Flexible Plastic Tubes and Hoses Market Set for Steady Growth with 3.3% CAGR in Value Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Bridge and Tower Market Set for Steady Growth with 2.8% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Yoghurt and Fermented Milk Market Set to Reach 9.8M Tons and $21.2B by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- Flags of China and the European Union together at some event or fair. Flags of the two countries as a symbol of cooperation between the two states.... - October 28th, 2025 [October 28th, 2025]
- European Union's Fruit and Berry Market Set for Steady Growth with 2.5% CAGR in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Frozen Fish and Seafood Market Poised for Steady Growth with a 3.2% CAGR in Value Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Lithium-Ion Battery Market Set for Growth to 944 Million Units and $32 Billion by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Frozen Dried and Smoked Fish Market Set for Steady Growth With a 1.6% CAGR - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Paper and Paperboard Market Set to Reach 80 Million Tons and $96 Billion by 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Jewelry Market Forecast to Expand With a 1.6% CAGR Through 2035 - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union's Meat Market Set for Modest Growth to 30 Million Tons in Volume and $132 Billion in Value - IndexBox - October 28th, 2025 [October 28th, 2025]
- European Union finally approves 19th package of sanctions against Russia: what it entails - - October 26th, 2025 [October 26th, 2025]
- European Union's Coated Arc-Welding Electrode Market to See Modest Growth With a +0.6% CAGR Through 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union considers banning ethanol used in hand sanitizers over cancerous fears: What this means - Times of India - October 26th, 2025 [October 26th, 2025]
- Jordanian Exports to the European Union Register Notable Growth - - October 26th, 2025 [October 26th, 2025]
- European Union's Dry Bean Market Set for Growth to 1.2 Million Tons in Volume and $1.3 Billion in Value - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union's Narrow Woven Fabric Market Poised for Steady Growth with a 2.3% CAGR in Value Through 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union among top three trade partners of Russia - Report.az - October 26th, 2025 [October 26th, 2025]
- European Union's Woven Carpet Market Set for Growth to $1.7B and 145M Square Meters by 2035 - IndexBox - October 26th, 2025 [October 26th, 2025]
- European Union Shatters Tourism Ties with Russia by Imposing Total Ban on Travel, Striking a Powerful Blow to Operators and Shaping New Travel... - October 24th, 2025 [October 24th, 2025]
- Kazakhstan and European Union continue to strengthen co-operation, marking the 10th anniversary of strategic partnership - EU Reporter - October 24th, 2025 [October 24th, 2025]
- "We have noted the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and... - October 24th, 2025 [October 24th, 2025]
- European Union to support Ukraine financially over next two years Zelensky - Ukrinform - October 24th, 2025 [October 24th, 2025]
- European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports - Newsday - October 23rd, 2025 [October 23rd, 2025]
- Uzbekistan Deepens Partnership With European Union Turning Tourism Into A Powerful Engine For Economic Growth And Cross-Cultural Dialogue - Travel And... - October 23rd, 2025 [October 23rd, 2025]
- The European Union agrees on new sanctions against Russia targeting its shadow fleet and banning LNG imports - Yahoo - October 23rd, 2025 [October 23rd, 2025]
- The European Union agrees on new sanctions against Russia targeting its shadow fleet and banning LNG imports - Citizen Tribune - October 23rd, 2025 [October 23rd, 2025]
- European Union's Household Hand Tools Market Set to Reach 87K Tons and $1.1B by 2035 - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- 2025 UNODC and European Union Launch Regional Program to Strengthen Criminal Justice Responses to Terrorism in West Africas Coastal States - United... - October 23rd, 2025 [October 23rd, 2025]
- European Union's Rusks and Toasted Bread Market Set for Steady Growth with 2.7% CAGR in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Plum and Sloe Market Forecast to Expand With a 0.7% CAGR Through 2035 - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Pneumatic Elevator Market Set to Reach 379K Units and $6.6B in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Urea and Thiourea Resins Market Set for Modest Growth with 1.5% CAGR in Value - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union's Concrete-Mixer Lorry Market Forecast to Expand With a 0.6% CAGR in Value Terms - IndexBox - October 23rd, 2025 [October 23rd, 2025]
- European Union agrees on new sanctions against Russia targeting its shadow oil fleet and LNG imports - Times Colonist - October 23rd, 2025 [October 23rd, 2025]
- European Union to phase out Russian gas imports by end of 2027 - France 24 - October 21st, 2025 [October 21st, 2025]
- European Union's Wine Market Forecast to Expand at 0.7% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Wood-Based Panels Market Set for Steady Growth With 1.1% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Sugar Market Set for Growth to 17 Million Tons in Volume and $15.4 Billion in Value - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Brakes and Servo-Brakes Market Set to Reach 3.5M Tons and $21.7B by 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Wine Market Forecast to Expand at 0.6% CAGR Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Capacitor Market Poised for Steady Growth with 5.1% CAGR in Value - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Nitrogenous Fertilizer Market to Expand with 3.4% CAGR in Value Through 2035 - IndexBox - October 21st, 2025 [October 21st, 2025]
- European Union's Graphic Papers Market Forecast to Grow with a 2.5% CAGR in Value Terms - IndexBox - October 21st, 2025 [October 21st, 2025]
- Verrica Pharmaceuticals Receives Positive Feedback From The European Medicines Agency (EMA) Supporting A Clear Regulatory Path Forward To File For... - October 21st, 2025 [October 21st, 2025]
- European Union's Crab Market Forecast to Grow at 1.7% CAGR Through 2035 - IndexBox - October 19th, 2025 [October 19th, 2025]
- European Union's Cobalt Market Set for Growth to 41K Tons and $1.3B by 2035 - IndexBox - October 19th, 2025 [October 19th, 2025]
- European Union's Clay Market Poised for Steady Growth With a 2.5% CAGR in Value Through 2035 - IndexBox - October 19th, 2025 [October 19th, 2025]
- European Union's Vegetable Oils Market Poised for Steady Growth with 2.2% CAGR in Value - IndexBox - October 19th, 2025 [October 19th, 2025]