Environmental problems drew 667 million lei worth of European funds

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The Sectorial operational program (POS) for Environment absorbed the highest level of structural funds in the past month and the total amount paid to program beneficiaries stood at 667 million lei, the Environment Ministry announced.

According to the latest official data supplied by the Coordinating Authority of Structural Instruments, on August 31, 2009, POS Environment registered an absorption level of 12.47%.

The total amount paid to this program’s beneficiaries, accounts for 40% of the payment made to beneficiaries of all other structural programs in Romania.

Between 2007-2013, under the POS Environment are financed projects in sectors like waste management, water and waste water, cutting pollution generated by urban heating systems, implementation of management systems for protection of nature, protection against flooding and coast erosion.
The total value of funds allotted to this program is 5.5 billion euros.

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