Monday, July 16, 2007

General rules for accessing European funds available in a few days


European financed operational programs enabled to allow European funds spending will come into force only after the eligible expenses regulations are approved.

The Government approved on Wednesday what kind of expenses will be eligible for European funds use, but the decision will come into force after it is published in the official juridical gazette, Monitorul Oficial.

Although this information is critical for all businesses operating in Romania, Razvan Cotovelea, general manager of the "Structural Instrument Coordination Authority" made the announcement one day after the general frame was approved, within a structural funds workshop in Bucharest, not even in an official institution conference.

The first Regional Operational Program, designed to aid the county of Sibiu, will be launched on July 13.

HotNews.ro, Jul 12, 2007

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