We are helping Romania to use EU funds in the most efficient way

29.11.2018 | European Parliament
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We are helping Romania to use EU funds in the most efficient way

The EP committee votes on the common provisions regulation of the European Structural and Investment Funds for the 2021-2027 budget cycle has ended with a number of positive results for Romania. According to Csaba Sógor, the most important outcome is that the EU funding for Member States has increased and the committee has decided on more favourable conditions for terms of use.

On 27 November MEP’s voted in the European Parliament’s Committee on Employment and Social Affairs (EMPL) about regulations laying down common provisions. “We have managed to submit proposals to the report that represent the interest of Romania. We have not only decided to increase the funds granted to the Member States by the European Union, but have also adopted more favourable conditions regarding the use of EU funds”- explained Csaba Sógor, RMDSZ MEP, who has proposed a number of suggestions to the document.

To the suggestion of Csaba Sógor, the committee decided that the sums allocated for the Euopean Structural and Investment Funds cannot be used for other EU activities, neither for financing the InvestEU guarantee fund. Romania’s interest is primarily the development of infrastructure and investments, which is essential for ensuring economical growth. Therefore, Romania would not benefit from ensuring EU resources for objectives that will not be possible to finance due to conditions restriction. 

Another accepted proposal submitted by the representative from Transylvanian is to change the duration of the use of EU funds - the so called “N+2” rule on the withdrawal of commitments. According to the proposal, the Member State would be able to use the financial budget allocated for a given year not only for the next 2 years, but for the next 3 years.

The proposals adopted on Tuesday will be incorporated in the report by the Regional Development Committee (REGI) in December. The vote on the final report is expected to happen early next year during the European Parliament’s plenary session in Strasbourg.