November 24, 2017

Any Initiative To Improve Romania’s Regional Fund Absorption Is More Than Welcome

On Tuesday, the European Commission said that any initiative to improve Romania’s absorption of regional funds is welcome. Commission spokesman Ton Van Lierop declared that they “welcomed any initiative to improve the uptake of regional funds and the coordination of the funds”. People close to the matter said earlier that the Commission wants a politically-appointed official, like a minister, placed in charge of the horizontal management of European fund absorption. This official would not take over the ministerial EU fund management authorities, but may be responsible for auctions or negotiations on fund allocations for the next period.

Source of the news: Mediafax (Read More)

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