A potential suspension of European funding to any member state is a very long procedure and Romania will definitely not end up in such a situation, Finance Minister Tanczos Barna assured on Thursday, stressing also that as a general rule, a blocking of the European funds is contingent on Romania's commitments to the European Commission and reforms, such as fiscal reform, which must be delivered by a responsible government.
"Two days ago I attended the Ecofin meeting of the EU finance ministers, where I got the confirmation that Romania will receive the 3rd NRRP installment on June 10, specifically 1.3 billion euros. As for the suspension of the funds, it is linked to Romania's commitments to the Commission, they depend on reforms, they depend on the fiscal reform, for example, which must be delivered by a responsible government, by a responsible Parliament. All parliamentary parties are aware that Romania needs a fiscal overhaul in the near future and this must be debated, approved and delivered to the European Commission to show that we are a credible, serious partner. A possible suspension of European funding for any member state is a very long procedure and Romania will certainly not end up in such a situation," the Finance Minister said in a video message on Facebook in response to allegations by AUR leader and presidential contender George Simion that payments to Romania will be suspended in June.
Romania will receive 1.3 billion euros from the third installment of the National Recovery and Resilience Program on June 10, Tanczos Barna announced on Tuesday.
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