Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. PM Ciuca: In 2022, we managed to absorb...

PM Ciuca: In 2022, we managed to absorb 11.3 billion euros in European funds

January 5, 2023

  In 2022, Romania managed to absorb 11.3 billion euros in European funds, prime minister Nicolae Ciuca declared on Wednesday, adding that it is the highest level reached since our country has access to these funds."We managed to get through all the challenges we had, the challenges that Romanian citizens have felt. (...) We need the same energy and activity from everyone. (...) We had a good budget execution, we managed to fall within the deficit targets," stated Ciuca.According to him, the Government managed to achieve an economic growth "that no one had predicted at the beginning of the year, especially after the outbreak of the war in Ukraine and after the effects produced by the increase in energy and gas prices and the inflation"."There were moments that we managed together, moments for which we found solutions and solved them one by one, but, at the same time, we also managed to design decisions that produce effects over time, which is why it is important to emphasize that we are committed to ensuring the absorption of European funds and all three lines of European financing total approximately 90 billion euros. (...) We managed to fall within the amount that we set as an objective, namely for at least 10 billion to be absorbed per year," explained the prime minister.He recalled that last year Romania undertook to provide the largest amount for investments. "We managed to secure this amount and to spend this money. Although delayed by the increase in the price of construction materials, we finally managed to fit into an absorption process of probably more than 70 percent. We are waiting for the month end figures and we will also announce the nominal value of investment expenditures," added Ciuca.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/pm-ciuca-in-2022-we-managed-to-absorb-11.3-billion-euros-in-european-funds/101203
Read in full - click here
Floods in northern Romania: More than 800 houses damaged, 300 firefighters still working in the area

More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]

Romania mulling harsher penalties for violence against women and domestic violence

Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]

Via Transilvanica to apply for official status after Romanian Govt issues norms for national trails

Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest.  Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...

Romanian former prime minister Marcel Ciolacu considering candidacy for Buzău County Council

Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]

Southern Romania: Călimănești Balneo-Physiotherapy Clinic to undergo EUR 10 mln rehabilitation

The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]

Bringo launches Bringo YOU – the loyalty program that rewards shopping routines with extra benefits, no sign-up or additional costs required

Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]