Around 2.3 billion euros have been absorbed from European funds since the beginning of the year for agriculture and rural development, the Ministry of Agriculture and Rural Development (MADR) announced on Friday.Thus, 2.29 billion euros have entered the accounts of Romanian farmers since the beginning of this year and so far, European money reimbursed by the European Commission to finance support measures carried out by the Ministry of Agriculture and Rural Development."We are making full use of the available European funds to increase our farmers' capacity to produce Romanian products. Farmers, processors, entrepreneurs and local communities need this support to develop to European standards and we are making sure that the money made available by the European Commission gets where it is needed on time," said Minister of Agriculture and Rural Development Florin-Ionut Barbu.The total amount of European funds that Romania has absorbed in agriculture and rural development, from 2015 to 5 June 2024, amounts to 25.4 billion euros, 15.2% more than the amounts absorbed between January 2015 and June 2023.The Ministry of Agriculture manages European funds from the European Agricultural Fund for Rural Development 2024-2020, including EURI 2021-2023, the European Agricultural Guarantee Fund (EAGF), including the Farm Accountancy Data Network (FADN), the European Fund for Fisheries and Maritime Affairs (EFF) 2014-2020, the European Maritime, Fisheries and Aquaculture Fund 2021-2027 and European Agricultural Fund for Rural Development (EAFRD) National Strategic Plan 2023-2027.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
