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Europe Daily Bulletin No. 10417

13 July 2011
Contents Publication in full By article 25 / 34
GENERAL NEWS / (ae) eu/romania
Controversy over disastrous absorption of EU funding

Brussels, 12/07/2011 (Agence Europe) - Romania receives massive Community funding to help it make up ground in terms of its development but the “disastrous” rate of absorption of this money has caused sharp controversy, with the authorities being accused of incompetence and lack of transparency. A report from Romanian NGO the Institute of Public Policy (IPP) on Tuesday 12 July has sounded the alarm. Dramatically low funding absorption rates, lack of vision has led to business centres...

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GENERAL NEWS