Romania risks disengagements of over 500 million lei (112 million euro) for projects in the energy sector financed with European funds, in the financial exercise 2007 – 2013 due to the fact that they will not be finalised until 31 December 2015 according to the minister of energy Victor Grigorescu. ‘I regret the fact that we are among the institutions which, unfortunately, risk disengagement of European funds, we speak about funds worth over 500 million lei. The reason for which we risk – I said we risk – as we make all efforts to limit this risk- but the risk comes from the fact that the projects financed risk not being put to value until 31 December 2015. I am convinced that a better evaluation of the situation would have allowed the identification of better measures and the growth of the level of absorption with certainty. 500 million lei is a good sum’ stated Grigorescu on Friday in a press conference. He said that he discussed on this issue with the minister of European funds. ‘Unfortunately, the money is destined, mainly, to the local public authorities. It makes even more worrying and sadder’ Grigorescu said. Premier Dacian Ciolos stated in the parliament, when he swore in, that Romania has many delays to draw the European funds from the previous period, the financial exercise 2007 – 2013 with a rest of 30% of the total of funds, and the present government will not make wonders to avoid ‘ a total disengagement’.
Romanians showed up in record numbers to vote in the second round of the presidential elections, both in the country and abroad. The exit poll results presented on Sunday evening pointed to a strong lead for Bucharest’s pro-EU mayor Nicusor Dan (54%-46%), but are only relevant for the domestic vote. Both candidates claimed victory in […]
Romanians showed up in large numbers to vote in the second round of the country’s presidential elections, one of the most important democratic tests Romania has seen in the last three decades. At 14:00, exactly halfway through the voting process in the country, over 5.63 million Romanians have cast their votes, compared with 4.52 million […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. Update: By Sunday afternoon (15:00 Bucharest time), over 1.2 million Romanians have voted abroad for the country's next president. That's some 220,000 more votes than the overall total in the first round. The countries with the largest turnout are […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. The vote in Diaspora started on Friday morning, and by Saturday evening (at 19:00), over 609,000 Romanians had already cast their votes. The turnout is almost 90% higher than the one recorded at the same time in the first […]
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
