ROMANIA – National recovery fund priorities

Romania’s government prepared a national plan for economic recovery even before the European Council’s blessing of the future budget.

It does not exclude taking loans, and the investments listed are the ‘usual suspects’, which include transport infrastructure, energy and healthcare, while the listed priorities include digital transformation, the Green Deal, but also the Common Agricultural Policy (CAP) and the Cohesion Policy.

Research and innovation, investment in trans-European networks and the development of SMEs, will also be among the plan’s priorities.

The government needs to be prepared to use all available resources over the next four years, Prime Minister Ludovic Orban said during a video-conference on Thursday, adding that the government is very well prepared to draw the available funds, either from the multi-annual budget (MFF), the resilience and recovery facility or the SURE programme.

Special attention will be given to the transport, energy infrastructure and healthcare system, said Orban. Also, large amounts will be allocated to combating drought, which really hurt Romanian farmers this season, with big investments announced for irrigation infrastructure, but also for other land improvement works.

Subscribe to our newsletters

Subscribe
Contribute