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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

RO to earmark more Recovery and Resilience money for green and digitization projects

Romania's Government discussed in its January 13 meeting a memorandum proposed by the Ministry of European Investments and Projects for reviewing the National Recovery and Resilience Plan (PNRR), G4media.ro reported.

This document stipulates how Romania will spend the EUR 30.4 billion coming from the EU in the next four years in the form of grants and loans for economic recovery.

The memorandum proposed by minister Cristian Ghinea and endorsed by deputy prime minister Dan Barna proposes structural changes compared to the first version, drafted by the previous Government.

Thus, according to the published memorandum, investments and reforms must comply with the European Commission's Country-Specific Recommendations.

Romania should thus use 37% of the money to mitigate climate change and 20% for digitization.

The first draft of the Plan, presented by former PM Ludovic Orban and president Klaus Iohannis before the December 2020 elections, focused on motorways, schools, and hospitals.

It is unclear which projects from the initial version of the PNRR will disappear to be replaced by more investments in digitization and environmental protection.

(Photo: Pixabay)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

RO to earmark more Recovery and Resilience money for green and digitization projects

Romania's Government discussed in its January 13 meeting a memorandum proposed by the Ministry of European Investments and Projects for reviewing the National Recovery and Resilience Plan (PNRR), G4media.ro reported.

This document stipulates how Romania will spend the EUR 30.4 billion coming from the EU in the next four years in the form of grants and loans for economic recovery.

The memorandum proposed by minister Cristian Ghinea and endorsed by deputy prime minister Dan Barna proposes structural changes compared to the first version, drafted by the previous Government.

Thus, according to the published memorandum, investments and reforms must comply with the European Commission's Country-Specific Recommendations.

Romania should thus use 37% of the money to mitigate climate change and 20% for digitization.

The first draft of the Plan, presented by former PM Ludovic Orban and president Klaus Iohannis before the December 2020 elections, focused on motorways, schools, and hospitals.

It is unclear which projects from the initial version of the PNRR will disappear to be replaced by more investments in digitization and environmental protection.

(Photo: Pixabay)

[email protected]

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