Romanian authorities welcome the EP’s decision to approve the Recovery and Resilience Mechanism

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On Wednesday, Prime Minister Florin Cîţu welcomed the vote in the European Parliament on the Recovery and Resilience Mechanism.

In a message posted on the Government’s Facebook page, the Prime Minister emphasizes that, through this mechanism, Romania will be able to attract over 30 billion euros, money that would be used to finance investments in infrastructure, digitalization, green economy, reforms structural, as well as the construction of new hospitals and the modernization of existing ones.

“These are important funds for the recovery of the economy affected by the health crisis. We will use them carefully to finance investments in infrastructure, digitalization, the green economy and structural reforms,” said Cîțu.

Also, USR PLUS co-chairman Dan Barna on Wednesday described as “a historic decision” the approval in the European Parliament of the Recovery and Resilience Mechanism, a financial plan through which European states will receive 650 billion euros to counter the effects of the pandemic of COVID-19.

“Almost 30 billion will come to Romania through PNRR. This money represents a huge chance for our country and it can be used only if we finance with them projects that always have a logic of reform and investment behind them,” the deputy prime minister wrote on his Facebook page.

“We have the chance to rebuild Romania’s economy together. We also discussed with the representatives of the private sector about the needs they have for investments and reforms and about the main objectives we can consider for digitalizing processes, reform in the energy sector, but also stimulating the sector of SMEs and start-ups, in order to close the gaps with the other member states,” said Barna.

MEPs approved the Recovery and Resilience Mechanism in Tuesday’s plenary session. The agreement on the final version comes after a long series of negotiations and compromises aimed at the economic recovery of the EU member states. Among the three rapporteurs were Dragoş Pîslaru (USR PLUS, Renew Europe) and Sigfried Mureşan (PNL).

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