European Commissioner for Regional Policy, Corina Cretu, urged Romania to step up the implementation of European-funded projects. She said she was...
European Commissioner Corina Cretu has recommended a deep-going administrative reform to improve the absorption of European funds in Romania
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Romania is among the 8 EU states that have reported a low absorption rate of structural and cohesion funds, below 60%. The European Commission on Monday passed new regulations meant to help member countries use those funds better.