Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EU Funds Min Plumb: Romania’s absorption rate of...

EU Funds Min Plumb: Romania’s absorption rate of EU funds – 20.3pct; EU average – 22pct

November 8, 2018

Romania’s absorption rate of European funds is about 20.3pct, as compared to the EU average of 22pct, EU Funds Minister Rovana Plumb said on Tuesday at Victoria Palace. “At present, through the Cohesion Policy, 6.4 billion euro entered Romania and, in total, together with direct funding, the direct payments to farmers, 11 billion euro. We have launched funding lines of 25.3 billion euro and projects worth 33 billion euro have been submitted. The 25.3 billion euro represents 90pct of the total allocation from the cohesion funds managed by the Ministry of European Funds and the Ministry of Regional Development and Public Administration. The contracting rate has risen since 2017 from 5pct to 53.3pct, so 10 times,” Plumb explained, according to Agerpres. She added that “the absorption rate of European funds in Romania is 20.3pct, compared to the European average of 22pct”. “We have sent 14 major projects to the European Commission, of which 13 are already signed, approved and one is currently under evaluation in the European Commission. Of the 14 major projects submitted to the European Commission on transport infrastructure, a major project of 2 billion euro stands out, namely the Gurasada-Simeria railway infrastructure, and the other major project, which is the largest in the European Union, relates to the water and waste water infrastructure, has a value of 499 million euro and is managed by the water company in Constanta, RAJA,” said Rovana Plumb. Regarding the statement that no major project has been sent to the European Commission so far in the transport sector, she said that “Romania has sent to the European Commission 14 major projects amounting to 3.78 billion euro, that is 75pct of the total allocation”. According to the minister, among the applications submitted, “all were approved, except for the 6th Metro Line”. “By the end of the year, we will send major infrastructure projects worth 2.5 billion euro,” Plumb said. She added that all the figures presented were “the effort made by the PSD-ALDE  government.” “In other words, what has not been done since the start of the current programming period, we have managed since taking over power. I also remind you that PSD, when in power, since May 2012, made up for the delays in the previous programming period, which was nine years, during which time the European money could be spent,” Rovana Plumb mentioned. The minister reminded that in May 2012, the sixth year of programming, the absorption rate was 7pct, and in three years Romania reached 90pct. “In the current programming period, we are in the fifth year since the beginning of this period and we have a 20pct absorption rate of European funds   “We’ve decided phasing in construction of three regional hospitals, with EU and  national contribution”   Minister of European Funds Rovana Plumb, declared on Tuesday that, at governmental level, it was decided to phase in the construction of the three regional hospitals, given the allocation from European funds from the current scheduling period, as well as the national allocation of 150 million euro. “Regarding the regional hospitals, in order to avoid any sort of confusion – the Ministry of Health benefits from technical assistance from the European Investment Bank. This technical assistance provides both the technical documentation required for the construction and the endowment of the hospitals, as well as the actual way in which these hospitals should be built. The technical documentation, namely the feasibility studies, technical projects, execution project, design, mapping out services, amounts to 120 million euro for all three hospitals. (…) The construction and endowment costs for each hospital brings us to an average of 400 million euro per hospital. And then, given the financial allocation from European funds, on the current scheduling period, for the three regional hospitals, of 150 million euro EU contribution and 150 million euro Romania’s contribution, we have decided to phase in the construction of these hospitals in the sense that from the current scheduling period we will pay the technical documentation, the entire preparation package for the construction of the hospitals, given the period of time that stretches somewhere to the half of 2020 with the preparation of these hospitals’ construction, we have taken into account the phasing in for the next scheduling period as well, that is due to begin in 2021,” Rovana Plumb explained, at Victoria Palace. According to the minister, the Government “does not rule out the construction of regional hospitals that are financed through the public-private partnership.” “Why? Because this year we adopted the public-private partnership Law, and from the public budget, the public money, the state budget, from non-reimbursable European funds we can ensure this type of financing. Let us not forget that Romania has in its governing program of PSD a number of eight regional hospitals and one republican hospital,” Rovana Plumb mentioned.

The post EU Funds Min Plumb: Romania’s absorption rate of EU funds – 20.3pct; EU average – 22pct appeared first on Nine O' Clock.

Read in full - click here
Romanian film review – Various delights: American Independent FF & Alfred Hitchcock

The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]

Survey shows about half of Romanians believe presidential elections were unfairly organized

Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research.  Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...

Romanian factory to begin production of three types of military drones

CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...

Romania’s National Meteorological Administration aims to become European regional hub for training

The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]

Several fake news campaigns currently targeting Romanians on social media, official sources say

Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]

IMF recommends Romania to increase VAT and excise duties, introduce two income tax rates in latest report

The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]