Ponta: We may lose 1.2 billion Euros of European funds - financiare.ro
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News » May, 2012 » 23 May 2012

Ponta: We may lose 1.2 billion Euros of European funds
23.05.2012, 00:00 | Finance-Banks | 704 views

Romania might lose about 1.2 billion Euros, out of the European funds pertaining to the Human Resources Development Sectoral Operational Program (POSDRU), due to the uncovering of serious irregularities in the unfolding of this program, between 2010-2011, PM Victor Ponta said yesterday. According to him, the 100 million Euros for 2012 and the 1.1 billion Euros for next year represent all the payments afferent to the POSDRU.

The head of the Government yesterday presented data which he received "through unofficial channels" out of an audit of the POSDRU, according to which, out of the total of two billion Euros which Romania has available only 6% was settled, with 2,500 contracts being signed.

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