Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. New polemics between the Finance Minister and Liberal...

New polemics between the Finance Minister and Liberal senator Citu. PNL MP, about the debt paid with EU funds: My colleagues in the EP will ask for the check of the procedures

November 5, 2018

The National Liberal Party (PNL) Senator Florin Citu stated that the PNL MEPs will ask in the European Parliament (EP) a check on the way in which the procedures on the European Investment Bank (EIB) and European Bank of Reconstruction and Development (EBRD) loans that were paid with EU funds were observed, mentioning that it’s a good thing that the action was confirmed by Eugen Teodorovici. “It’s a good thing that the Finance Minister confirmed. We will find out the rest of the details after my colleagues in the European Parliament will ask for a check of the way in which procedures were observed. Greece also seemed to have observed the procedures, and later it was revealed that they lied. In this case, too, I expect to find out that the budget deficit was adjusted by the transfer to the European Union of the payment of the tranches of EUR 1.2 billion in 2017, and EUR 1.4 billion in 2018, from the budget to the EU funds”, Florin Citu stated on Sunday for MEDIAFAX. The Liberal added that the Finance Minister Eugen Teodorovici “doesn’t recognize documents signed by him and sent to the EC”. “His credibility is zero. There is also another problem. If it turns out they did this illegally, who will pay the penalties? Liviu Dragnea?”, Citu also stressed. Eugen Teodorovici confirmed on Facebook that the external debt was paid with European funds, with the consent of the European Commission (EC), four years ago, adding that he is willing to provide additional explanations on this issue. His reaction comes after Florin Citu wrote on Sunday morning on the social network that the PSD-ALDE Government hided that they paid the external debt with EU funds. “The political world has nothing to do anymore with reality or professionalism of those who think they understand the finances or the economics overnight. It is both amusing and aberrant to see how measures that were taken at a certain moment by the Romanian Government, with the consent of the European Commission, indeed, (but not with a single Commissioner of the regional policy!), and not only by Romania, measures that led to the greatest progress in using EU funds starting with 2013, are presented today by politicians who are rather ignorant, not to say malicious, as lies or stunts”, Eugen Teodorovici wrote on Facebook on Sunday evening. The Finance Minister pointed out that either these measures are related to the continuation of financing the projects that weren’t ended in a single financial cycle, or to the settlement from EU funds of some important projects financed from national funds or funds attracted from various financial institutions (including EIB and EBRD), which are the so-called retrospective projects, such measures were taken by fully complying with the European regulations.

Read in full - click here
Non-profit Dăruiește Viață completes renovation of pediatric transplant unit in Timișoara

Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]

Exhibition explores the place of jazz in pre-1990 Bucharest

The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]

Romanian Companies Increasingly Exposed to Non-Payment Risk: Aon's Solutions for a Volatile Business Environment

Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]

Bucharest malls in 2024: AFI Cotroceni leads turnover, Băneasa Shopping City tops profitability

Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]

Rising prices push Romanians toward smaller holiday budgets, survey finds

Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays.  The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]

Survey: More than 75% of homeowners in Romania invest in energy efficiency

A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]