Header and navigation menu

Page content

EU Recovery Facility: The six bills that could cost Romania EUR 4.5 bln

Romania risks delaying or losing more than EUR 4.5 billion (over 1% of GDP) in grants under the EU Recovery and Resilience Facility (PNRR) unless Parliament adopts six key reform bills by the end of August, with the ongoing political crisis threatening the fragile cross-party support required to pass the legislation, according to a report by Digi24. Losing the money could drag the country’s economic growth into the negative area – where it would have been for the past couple of years in the absence of EU assistance. [...]