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The General Solicitor’s Guide for the 2014 – 2020 Regional Operational Programme was launched for public consultation
The 2014 – 2020 Regional Operational Programme, with 12 priority axes, benefits from a fund allocation of EUR 8.2bn. The Romanian authorities estimate that the official approval of this Operational Programme (OP) will be received in June 2015, while it is estimated that project application sessions for this OP will begin in September 2015.
The European Commission will support Romania in the restructuring of those projects that failed to be successfully completed by the end of 2015
After the review concerning the completion of the 2007 – 2013 Multianual Financia Framework (MFF), the EU member states who met difficulties in the absorption of European Funds will be able to transfer the unfinished projects to the new MFF. In this case, they will benefit from a flexible component regarding the spending of European Funds. Brussels asked the Romanian authorities to enact a series of simplified cost procedures on a number of spending categories in order to reduce the high level of bureaucratization that affects the reimbursement procedures.
The Romanian Government has approved a Memorandum that seeks to extend the implementation period of a number of projects financed under the 2007 – 2013 Sectorial Operational Programme Human Resources Development. Beneficiaries will be able to implement their projects over the allowed period of time stipulated in the Solicitor’s Guides, but no later than the 31st of December 2015. Thus, the loss of important irredeemable European Funds is avoided.
The estimated European Funds absorption rate of 60-80% available under the 2007 – 2013 MFF may not reach these figures
This was the main message that Marius Nica, the European Funds Minister, transmited in regard to the previous prognosis concerning the European Funds absorption rate. At the same time, Nica declared that the European Commission had not sent any payments since December 2014 under the 2007 – 2013 Sectorial Operational Programme Human Resources Development. Moreover, three priority axes that are part of Sectorial Operational Programme “Increase of economic competiveness” are still halted.
