More than 1,100 EU-funded projects submitted in past four months

A number of 1,153 projects worth RON 11.8 billion were submitted starting December 22, 2008
through April 30, 2009, announced on May 5 the Government's spokesperson Ioana Muntean at

the end of the meeting of the Inter-ministerial committee for the management of the EU funds'
absorption. She mentioned that 159 projects, in the value of RON 3.7 billion, were approved
during this interval and 554 projects were contracted, worth in excess of RON 3 billion. As well,
payments in value of RON 351.8 million were made to the beneficiaries. Muntean reiterated that,
in order to accelerate the Community funds absorption, the Government took a series of
measures amid which the reduction of the period for tenders organization from 87 days to 30
days, as well as the rise of national co-financing from 15% to 20%, for the EU-funded projects.

Source: Agerpres.