Romania to Get 1st Payment of EUR 2.6 bln From EC

EU

The European Commission said on Thursday it has issued a positive preliminary evaluation of Romania's first payment request of EUR 2.6 billion, under its Recovery and Resilience Facility.

The sum includes grants worth EUR 1.8 billion and EUR 800 million in loans, the European Commission said in a press release.

Romania submitted its payment request at the end of May, demonstrating the fulfillment of 21 reforms and investments in areas such as sustainable transport, improving tax and tax administration processes or the fight against corruption.

The country's recovery and resilience plan is worth EUR 29.2 billion in grants and loans, of which EUR 3.7 billion have already been disbursed to Romania in pre-financing. 

ADVERTISEMENT

Czech Republic Manufacturing PMI Lowest Since May 2020 Analysis

Czech Republic Manufacturing PMI Lowest Since May 2020

Gov't Mulls Bailout for Dunaferr Government

Gov't Mulls Bailout for Dunaferr

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.