Gov't Impasse to Cost Romania €770M in EU Aid
11 Articles
11 Articles
Romania will lose approximately 770 million euros of the PNRR after the parties have not reached an agreement on the Unitary Wage Act, which has been delayed since 2022. The failure also puts pressure on the country's rating, which is at the last step recommended for investments, shows a Bloomberg analysis. Adrian Codîrlașu, president of the Association CFA Romania, told Digi24.ro that the failure of the reforms undertaken shows a lack of politi…
Romania concludes the PNRR program with investments completed on the last hundred meters, but also with projects postponed and hundreds of millions of euros missed. The budget for health was reduced by almost half, only eight of the 19 hospitals initially planned being completed by this mechanism. At the same time, the failure to adopt the Salary Law until 31 [...] Article Tough balance at the end of the PNRR: only eight hospitals completed from…
The European Commission has sent a reaction after political parties have failed to reach an agreement to adopt the Wage Act. European officials say they are ready to support "efforts to maintain the essence and objectives of the reform."The Commission notes that the Romanian authorities and political parties have failed [...] The post European Commission's first reaction after Romania lost €770 million due to the Wage Act appeared first on Focus…
Romania risks losing 770 million euros from European funds for post-pandemic recovery, after the political crisis in Bucharest has blocked the adoption of reforms requested by the European Commission, reports Financial Times. According to the British publication, Romania will not meet the 31 August deadline for adopting laws on wage reform in the public sector [...] Article FT comments on the political crisis in Romania: cost up to now 770 milli…
The European Commission has sent a reaction after the political parties in Romania have failed to reach an agreement for the adoption, by the deadline, of the new Public Sector Wage Act, writes Digi24.European officials have indicated that they are aware that Romania has failed to comply with...
What FT writes about the political crisis in Romania: Romania risks losing €770 million in European funds, after the most recent political crisis blocked the adoption of the laws required by Brussels to reform public sector wages and state-owned companies with losses
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