More than EUR 10 billion repaid to Romania for Agriculture

The amount was repaid in the three programmes destined for agriculture, rural development and fishing.

According to the Ministry of Agriculture and Rural Development, the European Union repaid Romania, starting with 2007, more than EUR 10 billion, absorbed by the country’s economy. The three programmes received together European funds of approximately EUR 14.5 billion.

Projects from the National Programme of Rural development (PNDR) received a sum of EUR 4.46 billion, only from European funds without co-financing from the state budget.

The sums allotted to Romania from the European Agricultural Fund for Rural Development (FEADR), payments from the EU budget alone reached EUR 8 billion, for the 2007-2013 period.

The Agency of Payments for Rural Development and Fishing (APDRP) signed 81,311 financing contracts worth about EUR 5.5 billion and 2013 was the last year for projects to be contracted in the current financial system.

As for the repayments from the European Agricultural Guarantee Fund (FEGA), the source of payments on surface, Romania received EUR 4.575 billion, almost 80 per cent of the entire amount of EUR 6.227 billion allocated for the four years.

The third programme of the sector is the Operational Programme for Fishing (POP) and Romania received about EUR 49.1 M. Starting with 2007, Romania has allocated EUR 230.7 M from the EU, in view of financing investments in fisheries, aquaculture and processing.