November 20, 2017

Only 30% Of European Funds For Agriculture Have Been Accessed Until Now

According to a release by the Rural Development and Fishing Payment Agency (APDRP) so far Romania has accessed approx. EUR 3 bln via the National Rural Development Program (PNDR), the equivalent of 30 % out of the total European funds available for agriculture and rural development. APDRP made payments of over EUR 2.3bln to reimburse the beneficiaries of European funds for rural development. The release further says that “by July 26, 2011, APDRP had ensured the verification, authorization and reimbursement of over 4,300,000 payment applications, amounting to a total EUR 2,388,336,767”. Alongside this amount, Romania absorbed another EUR 561 M, representing the advance money granted by the European Commission when PNDR was initiated.

Source of the news: Nine o’clock (Read More)

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