Ciuca: Romania will request reallotment of unspent funds from previous European programs

Romania will ask for the reallotment of funds that remain unspent from previous European programs, intended for the Romanian economy, in order to intervene to assist the business environment, PM Nicolae Ciuca announced on Monday evening.

"We are crossing a complicated period, marked by multiple crises, which require decision and efficient measures of countering the price hikes. In this sense, I discussed with the Ministry of Finance, who is in Brussels and is discussing with European counterparts from ECOFIN, to find solid measures at the level of the European Union for the economic support of member countries. We already have a mechanism that worked during the pandemic period and could be extended and even developed in the context of other crises which we are facing today. Romania will request reallotment of unspent funds from previous European programs, aimed for the Romanian economy, in order to intervene in the business environment, of Romanian enterprises. This package needs to deal with the challenges raised on the European market and to guarantee continuity, stability and predictability, for both the business environment, as well as for the population," PM Nicolae Ciuca specified, at Victoria Palace.