Minister of Economy: We will not have the capacity to absorb European money without the massive digitalization of the administration


The biggest danger for Romania’s economy is that we cannot organize, so that we have the administrative capacity to absorb the 90 billion euro that will come from the European Union in the coming years, said the Minister of Economy, Energy and Business Environment, Virgil Popescu, in an interview given to Agerpres.

To remove this risk, we need the massive digitalization of the administration, otherwise we will not be able to attract this money, evaluate projects and implement them, says the Government representative.

At the same time, the minister pointed out that Elcen, the Capital’s thermal energy producer, may go out of insolvency this year, and Bucharest will have four modern power plants in the next four years. Until then, “we will keep the old power plants running as best as we can,” he said.

In connection with the sale of CEZ Romania, the minister specified that the Australian fund that acquired the company has a ten-year investment plan, which will be presented to the authorities shortly.

Popescu also claimed that the Government does not give up the plan to connect as many consumers as possible to the gas network, even if the distributors in this sector claim that it is not feasible, and most people in rural areas will not be able to afford their bills’ payment. “It was economically feasible to buy from the state when the privatization was done, then, to expand, it is no longer feasible,” the minister replied.


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