Romania has an absorption rate of EU funds of 32% in the current programming period 2014-2020, which puts our country below the European average, said on Wednesday the Minister of European Funds, Roxana Mînzatu.

“The overall absorption rate is of 32%, which means that almost 10 billion euros have entered the country from Brussels, in the area of cohesion and agro policy. The average European rate is above us, so we have more work to do,” said Mînzatu, according to Agerpres.

As for the Large Infrastructure Operational Program, the second largest in Europe, she mentioned that it is the most important program for Romania, where we have an allocation of 11 billion euro in total. “We have decided to invest this money in transport, environment and waste management, energy efficiency. Obviously they do not cover the investment needs, they are only part of the money, next to the state budget,” added Mînzatu.