funding

EC Allots EUR517M for Bucharest Airport Metro Line

The European Commission on Wednesday approved EUR517 million financing for a new metro line in Bucharest that would eventually run to the Otopeni international airport.

Romania Sets Off Program To Upgrade Roads, Provide Public Water Utilities Countrywide

The Romanian Government decided to earmark funds for a new program meant to refurbish county roads and provide public water utilities and wastewater cleaning stations in rural areas and administrative-territorial units with high tourist potential.

No. Of Farming Projects In Need Of Co-Funding Up 50% In ’09 – Romania Agric Min Official

The number of rural development projects in need of co-funding, submitted to Romania's Agriculture Ministry, was up 30-50% in 2009, in the fallout of the economic crisis, Agriculture Ministry secretary of state Liviu Harbuz said Tuesday.

Romanian Ministries To Absorb Little EU Funding This Year

Romanian democrat liberal vice-president Gheorghe Flutur said Tuesday night, after the governing alliance’s central political office meeting, that the government is "pretty cautious" with the outlook of European fund absorption.

Romanian Anticorruption Prosecutors Hear Former PM In Graft Case

Romania’s former Prime Minister Adrian Nastase arrived Wednesday morning at the National Anticorruption Department (DNA) to answer prosecutors’ questions in the file in which he is probed in connection with the funding of his election campaign in 2004, when he ran for president.

Bechtel Holds Romania’s Transylvania Highway Back, Not Funding – Romanian PM

The problems with the construction of the Romanian highway between Brasov and Bors are not brought by the lack of budget funding, but by the inability of American company Bechtel to observe contract provisions, Romanian Prime Minister Calin Tariceanu said Tuesday.

Romanian SMEs To Access EU Funds For Expansion Abroad

Romania’s small and medium-sized enterprises (SMEs) will have access to EU funds, as of late June, allowing them to extend business operations abroad and meet high quality and environment standards, officials of Romania’s Ministry for SMEs said Wednesday.