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Romania draws 11 billion euros under Cohesion Policy, CAP

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Romania has so far attracted 11.04 billion euros worth of European funds under the ongoing programming period (2014-2020), through the and the (CAP), to which other 7.92 billion euros are added in direct payments to farmers, according to senior official with Romania's Ministry of . Thus, Romania's absorption rate reached 36pct, just three percentage points shy of the average, which is 39pct.

"The total value of the funding lines reached 26.43 billion euros, which represents 96.5pct of the total allocation…

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