European Commission Reimburses Romania €1.12 Billion
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The European Commission has officially reimbursed Romania the amount of 1.12 billion euros, namely money from the European Agricultural Guarantee Fund (EAGF), the Payments and Intervention Agency for Agriculture (APIA) announced on Friday.
“In accordance with the EAGF expenditure declaration, transmitted by the Agricultural Payments and Intervention Agency (APIA) to the European Commission, on January 7, 2025, European funds representing reimbursements from the European Agricultural Guarantee Fund (EAGF) in the amount of 1.12 billion euros were transferred to the Romanian state accounts,” a statement from the institution states.
This amount represents the equivalent of the funds used from the state budget by APIA, during the period October 16 – November 30, 2024, for granting advance payments to farmers for the 2024 Campaign and making payments for market measures, foreign trade and promotion of agricultural products.
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