The European Commission approved on Wednesday Interreg VI A IPA Romania Serbia Program which is thus the first Interreg IPA Program adopted for the 2021-2027 programming period. At the same time, the (Interreg VI-A) IPA Romania-Serbia Program is also the first European funded Program under the 2021-2027 Cohesion Policy, submitted by Romania to the European Commission, for which the role of Managing Authority is fulfilled by the Ministry of Development, Public Works and Administration, the minister announced in an official press release. Thus, upon the adoption of the Program by the European Commission, the Monitoring Committee will launch, in the upcoming period, the consultations on the documents needed for the launch of the first call for project proposals. In the 2021-2027 programming period, the Ministry of Development, Public Works and Administration is acting as Managing Authority for the (Interreg VI-A) IPA Romania-Serbia Program, which will have a total budget of 87.725.681 EUR and will finance projects on environmental protection and adaptation to climate change, healthcare and education, tourism and culture and border management. The funding for these priorities will be 85% from the Instrument for Pre-Accession assistance (IPA III), 13% Romanian state budget co-financing and 2% as own contribution of the Romanian beneficiaries. Serbian beneficiaries will provide 15% co-financing as their own contribution. The Program area includes three counties in Romania (Timi?, Cara?-Severin and Mehedin?i), as well as six districts in Serbia (Severno Banatski, Srednje Banatski, Južno Banatski, Brani?evski, Borski ?i Podunavski). In order to ensure a transparent framework for institutional collaboration, starting with October 2019, the Ministry of Development, Public Works and Administration (MDPWA) organized consultations with key actors in the Program area and posted on the Program website, www.romania-serbia.net all documents related to the programming process, for public consultation.
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]
The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]
Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported. Central government budget revenues for...
