Romania spent only 1.1 pc of the EU funds for 2014-2020

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Romania spent only 1.1 percent of the EU funding granted for the 2014-2020 programming period, amounting to EUR 400.4 million, while Bulgaria and Poland had 7.5 percent and 6.5 percent respectively, according to the European Commission (EC) data.

The bulk of the money spent was through the European Regional Development Fund (ERDF), respectively EUR 241.9 million.

Countries that have spent less than Romania on structural and investment funds are Austria, 0.3 percent  and Ireland, 0.9 percent.

According to EC, Portugal ranks first as a percentage of the total amount allocated – 10.9 percent, Lithuania – 9.1 percent and Estonia – 8.4 percent.

Minister-delegate for European Funds, Marius Nica, recently said in Oradea that Romania will be given an example in 2023 in terms of the absorption of European funds and in his opinion, the percentage of the 2007-2013 period, of 88-89 percent, “do not look bad.”   

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