Acasă » General Interest » Câciu: PNRR negotiations ended – additional financing of 1.4 bln. euro for REPowerEU

Câciu: PNRR negotiations ended – additional financing of 1.4 bln. euro for REPowerEU

19 November 2023
General Interest
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The negotiations with the European Commission for the revision of the National Recovery and Resilience Plan (PNRR) have ended, including an additional financing of 1.4 billion euro under the REPowerEU chapter, which will be an integral part of the PNRR, said the minister of European Investments and Projects, Adrian Câciu.

“The negotiations on the revision of the National Recovery and Resilience Plan have ended. At that moment, the new National Recovery and Resilience Plan of Romania is at the services of the European Commission. Why do I say the new plan? Because this revised plan includes additional funding of 1.4 billion euros on the REPowerEU chapter, which will be an integral part of Romania’s National Recovery and Resilience Plan. We estimate that this inter-service debate within the Commission will end somewhere around November 21-22 and the approval in ECOFIN (Formation of Economic and Financial Affairs, n.r.) to take place at the beginning of December,” said Adrian Câciu, at the end of the Government meeting, according to Agerpres.

He explained that the National Recovery and Resilience Plans are approved by the Council of Finance Ministers.

“On December 8 or 9, there will be ECOFIN. In the new National Recovery and Resilience Plan of Romania, that percentage regarding the public pension system, of 9.4% of GDP, will no longer be found”, added the Minister of Investments and Projects European.

Asked if the Community Executive requested clarifications related to the new pension law, given that it announced in the autumn forecast that it did not take into account the new pension law in the estimated deficit of 6.3%, the minister emphasized that the form of the law that The government approved it, it was discussed with the European Commission, and the World Bank was also at the negotiating table.

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