EC OKs EUR 8.25bn Operational Programme 2014-2020 for Romania


Get real time updates directly on you device, subscribe now.

The European Commission (EC) has adopted on Tuesday the EUR 8.25 billion Operational Programme for Romania during 2014-2020, with the European Commissioner for Regional Policy Corina Cretu and Romanian Minister for Regional Development and Public Administration Sevil Shhaideh participating in the signing ceremony, the Ministry of Regional Development and Public Administration (MDRAP) informs, according to Agerpres..

“Today we have adopted one of the biggest investment programmes of the European Union. It will bring concrete benefits to all Romanian citizens. By supporting the small enterprises, promoting urban mobility, improving regional connectivity and offering better access to social services for all citizens, these investments will result in a significant improvement of Romanians’ lives. Moreover, the investments in energy efficiency will cut the energy bills for household consumers and will protect the environment. I wish Romanians to fully benefit of the opportunities offered by this programme,” EC Commissioner Cretu said.

The programme stipulates the financial allocation for the 11 priority axes (plus axis 12 — technical assistance) where the EUR 8.25 billion allotted to Romania for regional development will be invested over the next seven years. Out of the total budget, EUR 6.7 billion are EU’s support through the European Regional Development Fund. We are practically marking the beginning of a new stage in Romania’s development, she added.


- Advertisement -

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More