





Cutting budget sector spending, modernizing public administration and a more efficient management of EU funds - Barroso's suggestions to diminish Romania's budget deficit
For his part President Basescu informed on the possibility that Romania avoid losing 600 million euro from pre-accession funds and noted that Barroso talked about cutting public sector spending as a means for Romania to reduce its budget deficit.
President Basescu announced he made a request which may lead to a "pleasant surprise" - that of an extension of implementation deadlines for ex-ISPA projects, which would help Romania avoid losing 600 million euro from EU funds. The money was allocated to Romania but was not spent in due time.