Romania renegotiates RRF to achieve full absorption of EUR 4.9 bln grants

Romania has begun the final renegotiation of the National Recovery and Resilience Plan (PNRR) under the Recovery and Resilience Facility (RRF), so that it can fully collect the remaining EUR 4.9 billion in grants, by prioritising projects that have been completed or are in an advanced stage of implementation, the minister of investments and European projects, Dragoş Pîslaru, said after the government meeting on May 14.

He also expressed confidence that a large part of the loan amount could be attracted, as all projects are already included in the budget.