"Thus, the Managing Authority has entered into a pre-financing recovery process, ie the intermediate plus pre-financing payments have exceeded 95% of the allocation program. We mention that at this time the European Commission will pay only EUR 178 916 886 of the total 265 534 606 euros concerned of the declaration referred to, payments to Romania stood at a threshold of 95% absorption rate, according to EC Regulation 1083 of 2006 ", the release said.
For more information, please see the Romanian version of the article, here.
