http://www.forbes.com/feeds/ap/2007/07/12/ap3908403.html Associated Press EU to Give Romania $27B in Aid Associated Press 07.12.07, 12:25 PM ET
Romania will receive more than 19 billion euros ($27 billion) in development funds from the European Union during 2007-2013, according to an agreement signed Thursday. The funds are part of the EU's aid to member countries, and Romania became eligible after joining the EU in January. "This money will be used to reduce social and economic discrepancies between the regions of the country," Prime Minister Calin Popescu Tariceanu said after a signing ceremony. "Now we must draft the projects to spend this money and to make sure these funds are spent efficiently and correctly." EU Regional Policy Commissioner Danuta Hubner said the first funds would arrive within days, adding that the Commission would cooperate with the government to prevent irregularities in spending EU funds. "The big challenge is to implement the projects and a great effort is needed to make this operation a success," she said. Copyright 2007 Associated Press ---------------------------- Vali "Noble blood is an accident of fortune; noble actions are the chief mark of greatness." (Carlo Goldoni) "When the power of love overcomes the love of power, the world will know peace." (Jimi Hendrix) <http://groups.yahoo.com/group/ngo_list> ngo_list: o alternativa moderata (un pic) la [ngolist]
