Commissioner HÃ¼bner: Romania needs to speed ISPA funds absorption
She also mentioned that the EC has so far paid Romania 1.60 bln euros in advance of the adoption of the funds management systems, but that from now on the systems need to be enforced for disbursements to continue.
The greatest part of the transportation projects financed from structural funds – specifically 80 pct – are integrated with trans-European networks. In Romania’s case at stake are the highway and high-speed rail Budapest-Constanta and navigation on Danube.
On the other hand, Commissioner Hübner voiced satisfaction with the environment projects.