Romania's current absorption rate of EU cohesion policy funding at 38.9 pct
Publicat:Romania has so far absorbed 8.8 billion euros worth of EU cohesion policy funding for the period 2014 - 2021, which stands for an absorption rate of 38.9 percent, Minister of European Funds Marcel Bolos told a press conference on Monday.
"The Ministry of European Funds manages the cohesion policy, ie all the financial allocations to Romania through the Cohesion Fund, the European Social Fund and the European Regional Development Fund. We have 22.5 billion euros allocated for the cohesion policy and when I took office, Romania's absorption level was 5.6 billion euros, ie 25.2 percent,"…
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