PM Ponta: Biggest problem is we have approved projects, but fail to spend money - financiare.ro
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » August, 2014 » 23 August 2014

PM Ponta: Biggest problem is we have approved projects, but fail to spend money
23.08.2014, 09:06 | Finance-Banks | 1051 views



Prime Minister Victor Ponta, during a visit to this eastern Romanian Danube River port city on Friday urged the local mayors to legally and quickly spend the funds they have available.

‘The biggest problem is that while we have already approved projects, we fail to spend the money. Tenders are being called, they are being challenged, everybody comes to inspect and nobody wants to sign anything any longer. Everybody avoids signing so that they might no longer be afterwards questioned about why had they signed. I ask you to spend the money legally, as fast and as best as possible! Tulcea (county) mayors should be aware they have a special road to travel, since nothing has been invested in the county for very many years’, Ponta said in the opening of a ceremony handing in several funding contracts under the National Local Development Programme (NLDP).

Read more on Financiarul.ro




Latest news in category Finance-Banks

19.10.2016, ora 00:00 | 1590 vizualizări
NBR governor disregards his own advice
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...


22.04.2016, ora 00:00 | 1718 vizualizări
Mario Draghi: The ECB obeys the law not politicians
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...


23.02.2016, ora 00:00 | 1564 vizualizări
The pound sterling, in its biggest decline since 2009
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...


Subscribe to newsletter
Name:
E-mail:
News: Yes  No 
Exchange Rates: Yes  No 


Top news last 7 days


Publicitate pe acest site
Copyright 1999-2024 Pandora Impex SRL.