EC approves EUR 1.27 bln Resilience Facility payment to Romania, withholds EUR 870 mln
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870…
Radu Dumitrescu · Journalist
· Updated · 2 min read
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended.
Romania’s European funds minister, Marcel Boloș, announced that three objectives included in the PNRR were not reached, leading to this measure. Specifically, the partial suspension of funding is due to the failure of the Romanian Parliament and Government to carry out several reforms.
