The European Commission (EC) has proposed an increase in the European funds allotted for Romania’s operational programmes in the period 2021-2027 and the sum could reach about €30.6bn up from €22.5bn in the 2014-2020 period, said EU funds minister Roxana Minzatu.
Romania is close to the European average in terms of EU funds absorption in the 2014-2021 period, with a rate of 29%. The Government’s goal is to spend all the money
Romania has at its disposal for the 2014-2020 period by the end of 2023.