EUR/ REPORT ON EFFECTIVENESS OF USE OF EU STRUCTURAL FUNDS IN ROMANIA AND BULGARIA

   www.gmfus.org - The Institute for Public Policy (Romania) and its partner, Green Policy Institute (Bulgaria),
   have published a comparative report on the transparency and effectiveness of the use of EU Structural
   Funds in Romania and Bulgaria.

   Despite large allocations from EU Structural Funds for the period 2007-2013 (Romania, with a population
   of approximately 21 million, has a total financial allocation of €19.8 billion, while Bulgaria, with a
   population of approximately 7.6 million, has a total financial allocation of approximately €8 billion), the
   rate of absorption of the EU money into local economies is below 20% in both countries. The report
   makes a set of recommendations to increase the effectiveness of funds’ management during the current
   programming period, and for future steps to be taken in the next programming period.

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