Romania will reach 88 pct in EU funds absorption end of September
Publicat:The absorption of European funds is currently 84 pct and will reach 88 pct at the end of September, minister of Investments and European Projects Adrian Caciu said on Tuesday at hearings in the Committee on European Affairs of the Chamber of Deputies.
"Once again, the objective that we have set by order of the minister is that we have a 94 pct absorption rate at the end of the year, but payments to the beneficiaries, and this is very important, because in the end the eligibility is done on the expenses incurred on December 31, to be 110 pct. Why 110 pct? Because we also have projects that have…
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