Romanian Minister of European Affairs Leonard Orban has said that Romania has few growth options remaining, and a better absorption rate of EU funds could fill the void left by foreign investments.
From a maximum of €16 billion in 2008 foreign direct investments (FDI) plummeted to €2bn last year and the estimates are not optimistic for 2012 either. Orban said: “This year we have ambitious targets for EU fund absorption. We want to attract €3.5bn in cohesion funds, fro...
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