Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing irina.marica@romania-insider.com.

 

Most public investments in Romania made through EU funds

More than 60% of the public investments in Romania are made using EU funds, European Commissioner Corina Cretu said on Monday, December 18, during the Structural Funds Gala in Bucharest.

“It is our duty to fight for the cohesion policy, which, in my opinion, is the most visible in people's day-to-day lives. If you want me to talk about the results so far, there are many negative things for sure, but I think there are many achievements as well. These 129 projects are only part of the successes we have recorded. As I said, for Romania, the cohesion policy is a decisive factor for the development of the country,” Cretu said, reports local Agerpres.

She added that the cohesion policy should remain a support for European citizens, because European funding is the sign of financial solidarity.

Corina Cretu also said Bucharest's GDP exceeded the EU average thanks to European funds.

“All indicators show economic growth. For example, we are in Bucharest, the city that has surpassed the average GDP of Europe, thanks to the European funds that have entered the capital of Romania. I trust the Romanian authorities to understand the importance of these aspects, to speed up the access to European money, and also to support the Commission's proposals for a strong cohesion policy,” Cretu added.

The cohesion policy (regional policy) is one of the most important and complex policies of the European Union. Its purpose is to reduce the economic, social and territorial disparities between the various regions and Member States of the European Union.

The cohesion fund has a budget of EUR 351.8 billion, which represents about a third of EU’s total budget. For the current programming period, Romania has been allocated approximately EUR 23 billion from Cohesion Policy funds, up 10% over the period 2007-2013.

Irina Marica, irina.marica@romania-insider.com

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Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing irina.marica@romania-insider.com.

 

Most public investments in Romania made through EU funds

More than 60% of the public investments in Romania are made using EU funds, European Commissioner Corina Cretu said on Monday, December 18, during the Structural Funds Gala in Bucharest.

“It is our duty to fight for the cohesion policy, which, in my opinion, is the most visible in people's day-to-day lives. If you want me to talk about the results so far, there are many negative things for sure, but I think there are many achievements as well. These 129 projects are only part of the successes we have recorded. As I said, for Romania, the cohesion policy is a decisive factor for the development of the country,” Cretu said, reports local Agerpres.

She added that the cohesion policy should remain a support for European citizens, because European funding is the sign of financial solidarity.

Corina Cretu also said Bucharest's GDP exceeded the EU average thanks to European funds.

“All indicators show economic growth. For example, we are in Bucharest, the city that has surpassed the average GDP of Europe, thanks to the European funds that have entered the capital of Romania. I trust the Romanian authorities to understand the importance of these aspects, to speed up the access to European money, and also to support the Commission's proposals for a strong cohesion policy,” Cretu added.

The cohesion policy (regional policy) is one of the most important and complex policies of the European Union. Its purpose is to reduce the economic, social and territorial disparities between the various regions and Member States of the European Union.

The cohesion fund has a budget of EUR 351.8 billion, which represents about a third of EU’s total budget. For the current programming period, Romania has been allocated approximately EUR 23 billion from Cohesion Policy funds, up 10% over the period 2007-2013.

Irina Marica, irina.marica@romania-insider.com

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