This is a preview of the proprietary analysis we offer our clients. To enquire about our EU Funds advisory services contact us at email@example.com
The European Funds absorption rate on a downward trend in Q1 2015
During the first quarter of 2015, only 9 months before the official end of the 2007 – 2013 MFF, the European Funds absorption rate does not record notable – if any – increases as per official expectations and declarations. The former minister, Eugen Teodorovici, supported the idea that, by the end of this year (2015), the European Funds absorption rate would reach a level of 80%. However, the new minister – Marius Nica – estimated that Romania would record an absorption rate between 60% and 80%, thus adjusting negatively the estimate made by his predecessor.
Operational Programme (OP) “Human Capital” POCU 2014 has been launched
With a total allocation of 4.326 B Euro POCU 2014 has been approved by the European Commission, Feb 25. On the 17th of April, authorities announced its official launch which. Following this, by the end of June, it is expected that the first applicant’s guides to be launched for public consultation.
The new EU Funds minister (Marius Nica) will attend a working session in Brussels in order to hasten the following actions:
The approval of operational programmes currently under negotiation with the European Commission
The acceleration of the 2014 – 2020 implementation system accreditation process,
The acceleration of the additional verifications requested by the European Commission concerning the European funds reimbursements.
Kickoff meeting of the Administrative Capacity OP Monitoring Committee
The objective of the meeting was the establishment of the administrative framework through the approval of the governing rules and selection criteria of the projects that will benefit from the funds allocated through this operational programme.
Furthermore, it was publicly announced that the first call for project applications will be launched by the end of April 2015, while the solicitor’s guide was already released for public consultation at the beginning of March 2015.