Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Agreement between the Government of Romania, European Investment...

Agreement between the Government of Romania, European Investment Bank to support implementation of 2021-2027 projects

September 23, 2021

The Memorandum of Understanding proposed by the Ministry of Investment and European Projects (MIPE) for the collaboration between the Government of Romania and the European Investment Bank (EIB) to support European-funded projects 2021-2027 was approved on Wednesday, in the Government's meeting, according to a release sent on Wednesday."As a result of negotiations by MIPE officials with representatives of the European Investment Bank, the document sets out how the EIB will provide technical assistance to Romania in the 2021-2027 programming period in order to achieve the objectives of the Partnership Agreement, the structural reform agenda, of investments in the public sector, of increasing the absorption of European funds, as well as of the preparation of the next programming period", the MIPE release mentioned.According to the agreement, the Romanian Government will benefit from the support and expertise of experts from reputable international financial institutions and the EIB in two areas of intervention. One area refers to horizontal needs, namely: increasing the administrative capacity of managing authorities, intermediate bodies and other public beneficiaries for project identification, preparation and implementation.The field also provides for the management of the closing process of the Operational Programs financed within the 2014-2020 programming period; consultancy for project teams and departments involved in project preparation, management and implementation; training; identifying aspects related to governance, simplifying and streamlining the national legislative and regulatory framework related to the absorption of EU funds and fulfilling the favorable conditions.Another area of intervention addresses the specific needs related to the implementation of operational programs: monitoring, evaluation, preparation and implementation; providing experts to support the preparation and implementation of projects; methodological support for the preparation of the necessary guides for the preparation and implementation of projects."Taking into account the results obtained in the previous programming periods with the support of our partners, the memorandum approved today represents an assurance for a better fulfillment of the objectives that Romania proposes through the investments from European funds in the programming period 2021-2027. As in the case of the agreement with the World Bank, the contribution of our partners plays a key role for beneficiaries, ministries and managing authorities both in the process of preparing strategic documents and in the implementation of reforms and projects", explained the Secretary of State Marius Vasiliu.   

Read in full - click here
Les Films de Cannes à Bucarest: Festival announces 2025 dates, first program highlights

The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]

Eastern Romania: Natural sciences museum in Galaţi reopens after EUR 3 million modernization works

Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR.  The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]

Romanian paramedics team named best in the world

A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]

Romanian auction house Artmark registers record EUR 15 mln sales in 2024-2025

Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report.  Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]

DefCamp 2025 turns Bucharest into the regional cybersecurity hub at its 15th edition, hosted at the Palace of the Parliament

Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]

Romanian airline AnimaWings targets 18-aircraft fleet worth over USD 1 bln by end-2027

Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion.  The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]