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[BUSINESS] · Romania · 3 sources

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Romania lags in EU recovery plan implementation

Romania ranks low in the European Union regarding the implementation of its National Recovery and Resilience Plan (PNRR). While approximately 67% of Romania's allocation has been paid out, this figure is below the EU average of 80%.

In terms of milestones and targets, Romania has successfully met 52% of its requirements, compared to a European average of 68%. This places the country 25th out of 27 EU member states. Currently, the country is managing an allocation of approximately 20.1 billion euros, having received about two-thirds of that sum to date.

On September 30, Bucharest submitted its latest payment request for over 6 billion euros gross. The European Commission is currently evaluating whether the necessary milestones and targets have been met to facilitate further payments.

Entities

European Union · Eurostat · Romania