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Romania signs 19 BN euros agreement

Joi, 12 iulie 2007, 0:00

Romania will receive some 19 billion euros as structural and cohesion funds until 2019, after signing with the European Commission on Thursday the Agreement for the National Strategic Reference Frame.

The document was signed by PM Tariceanu and the European Commissioner for Regional Policies, Danuta Hubner. The European official announced that the first early payments will arrive in Romania these days.

Hubner mentioned that Romania is one of the EU countries which managed to bring negotiations to an end in most operational programs (only two more are still discussed), for funds of some 15 billion euros.

PM Tariceanu believes the funds will help diminish the distance between Romania and the EU countries, promising to increase the funds absorption capacity.

Most of the money will go to local authorities, the PM demanding "maximum attention in the way the funds are managed".

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