Tag: european union funds

  • 7 June, 2018

    7 June, 2018

    B9 Format. The
    Romanian president Klaus Iohannis is on an official visit to Poland to attend a
    top-level meeting of the B9 Format that includes NATO members from central and
    eastern Europe. Iohannis and his Polish counterpart Andrzej Duda are having
    talks on the strategic partnership between the two countries and regional,
    European and security cooperation, according to a release from the President’s
    Office in Bucharest. The two officials are also expected to review the results
    of the defence cooperation as part of the Bucharest Format to prepare the B9
    meeting on Friday co-chaired by the two heads of the state. Also today,
    Iohannis and Duda will be attending the opening of an exhibition entitled A
    centennial of the Alliance. Romanian-Polish diplomacy 1918-1939 staged by the
    Romanian Cultural Institute in Warsaw together with the Romanian Embassy and
    the support of the Foreign Ministries of the two countries as part of the
    celebrations of the 100th anniversary of the creation of modern
    Romania and the centenary of Polish independence.




    Trip. The Romanian prime minister Viorica Dancila is to be
    received today by Portuguese president Marcelo Rebelo de Sousa on the last day
    of her official visit to Lisbon. On Wednesday, she met her counterpart Antonio
    Costa and had talks about ways to boost economic ties and cooperation in the
    military, strategic and cyber security areas, as well as European cooperation
    in the run-up to Romania’s holding the EU presidency in the first half of 2019.




    NATO. A two-day
    meeting of NATO defence ministers begins today in Brussels. Romania is
    represented by its defence minister Mihai Fifor. The agenda of the first day
    features a presentation of the stage of implementing the allied deterrence and
    defence posture and ways to make it more efficient. Of particular interest for
    Romania is the consolidation of allied advanced presence for NATO’s entire eastern
    flank, including the Black Sea region. Another area discussed on the first day
    of the meeting is the fair distribution of responsibilities within NATO. Talks
    will also look at aspects related to the fight against terrorism and the
    progress made for the launching of a new NATO training mission in Iraq.




    Investigation. Romania saw the highest number
    of investigations into the use of EU funds in 2017, namely 11, of which 8 ended
    with recommendations, shows a report by the European Anti-Fraud Office (OLAF).
    Hungary, Poland and Greece were next. Illustrative in Romania’s case are two
    investigations conducted into projects financed by the European Regional
    Development Fund. The representatives of a municipality, the
    beneficiary, colluded with representatives of the company who designed the
    technical specifications for a road, in order to establish restrictive criteria
    in the tender documentation that would benefit one particular economic
    operator. The two colluding organisations falsified a large number of
    documents, including the technical project and memorandum for the road
    construction, the report by the European
    Anti-Fraud Office also notes. The damage caused to the EU budget has
    been calculated at some 21 million euros.




    IMF report. Romania
    posted solid economic growth in 2017, low unemployment levels and an improving
    financial sector, according to a report published by the International Monetary
    Fund after consultations with Romania. The IMF experts warn, however, that the
    Romanian economy is showing signs of overheating. Public investment fell
    significantly in percent of GDP amid a low absorption of EU funds, while the
    government and current account deficit widened to 2.8% and 3.4% of the GDP,
    respectively, the IMF report also shows. Romania is expected to see a 5%
    economic growth rate in 2018, accompanied by a current account deficit and
    elevated inflation.




    Tennis. The Romanian and
    world no. 1 Simona Halep today faces the 2016 champion and world no. 3 Garbine
    Muguruza of Spain in the semifinals of the French Open, the second Grand Slam tournament
    of the year. The other semifinal is an all-American affair, with world no. 10
    Sloane Stephens taking on the world no. 13 Madison Keys. Halep was in two
    French Open finals, in 2014 and again last year, but lost both of them. She
    played another Grand Slam final this year at the Australian Open, which she
    again lost.