Of the 8.6bn euros in European structural funds available forthe 2007-2010 period, local authorities have so far transferred1.2bn euros to beneficiaries, meaning a 13.4% absorption rate.Major payments have started being operated over the past twomonths, when those who won European projected received almost 260meuros.
The programme that made the biggest headway is the one destined tohuman resources development (POSDRU), which last year lagged behindthe others in terms of European money absorption.
POSDRU has 1.5bn euros allotted during the 2007-2010 period, andpayments so far have amounted to 300m euros. authorities say theprogress is because of the fact that those winning European fundprojects get a 30% pre-financing in the eligible value of theproject.
The lowest absorption rate is still registered by the operationaltransport programme, at 1.85%, which operated 37m-euro payments ofa total of 2bn euros earmarked for it in 2007-2010.
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