EU Funds Weekly Intel (Mar 09 – Mar 16)

This is a preview of the proprietary analysis we offer our clients. To enquire about our EU Funds advisory services contact us at office@ganes.ro 

 Brussels temporarily halts 500 M Euro in EU reimbursements

This amount represents the expenditures associated with a number of 1000 projects financed through POS DRU 2007-2013. The European Commission decided to interrupt the scheduled payments until the clarification of a number of fraud charges. In the meantime, the Romanian government pays the beneficiaries’ bills through Treasury contracted loans.

The European Prosecutor – a new EU institution?

The Report, drawn by Monica Macovei – Member of the European Parliament – which proposes the creation of a new European Institution – The European Prosecutor received the specialty committee’s approval. This new European institution will comprise a number of 25 members (prosecutors) and will be in close touch with all the European intelligence agencies in order to provide all the necessary information needed for the investigation of all the alleged European funds fraud cases.

The new Operational Programme for Fisheries (POP), fully operational by September

Authorities estimate that the new Operational Programme for Fisheries (POP) 2014 – 2020, will have all the project submitting sessions launched towards the end of summer for the whole programme.

Corina Crețu urges Bucharest to make use of the new EU financial instruments

These financial instruments are designed to stimulate the sharing of public and private resources, which means more resources available to small and medium economic actors.

Brussels will contribute 6.8 billion EUR to the implementation of the Transport Masterplan of Romania

The European Commission is interested in the Romanian Transportation Master Plan. In this case, the number one priority of the Executive Committee is the timely delivery of projects within the Trans-European Transport Network TEN-T. The plan should identify the most important projects to receive financial support from the European Commission.

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