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Supply ChainUpdate🇷🇴Romania12d ago

EC withholds EUR 459 mln under Romania's third Resilience Facility disbursement request The European Commission (EC) disbursed only EUR 351 million out of the money suspended from the third disbursement request under the Relaunch and Resilience Facility while withholding the rest of EUR 459 million for milestones still unfulfilled despite being initially scheduled to be met before the end of 2023, minister of investments and European projects Dragos Pislaru announced.  “The Commission concluded that four important milestones had not been properly resolved”, the minister noted. The request included a EUR 231 million grant linked to the special pensions reform, out of which EUR 166 million was eventually disbursed.  Another important milestone was setting up the agency aimed at monitoring the state-owned enterprises (AMEPIP) and the governance of state-owned companies, where minister Pislaru said EUR 132 million was disbursed. However, EUR 200 million was withheld due to problems with the appointment of the AMEPIP management, according to Marius Vasiliu – author of Monitor PNRR, former state secretary in the Ministry of Investments and European Projects, as reported by Economedia.ro .

3.1/10·Romania Insider

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