Antena 3 CNN Business EU cleared the HRD Operational Program and decided to resume payments to Romania

EU cleared the HRD Operational Program and decided to resume payments to Romania

EU cleared  the  HRD Operational Program  and decided to resume payments to Romania
07 Feb 2013   •   10:00

EU representatives have decided to clear  the  SOP Human Resources Development (HRD) and resume payments to Romania subsequent to  the audit mission  held from January 29 to February 1, 2013, the Government informs.
HRD payments were suspended last summer on account of  irregularities identified in the prior award and projects implementation, Mediafax reports.
"Following the positive results subsequent to the audit mission performed by the  European Commission, during  January 29 to February 1, 2013, the  EU representatives agreed to unlock  the HRD Program  and resume payments to Romania. Under this framework, the European Commission would  resume payments to Romania over the next few days  for the reimbursement claims submitted in December 2012, amounting to 148 million Euros,  with the temporary financial corrections of 25% incurred , as agreed with the Romanian side " the Government press release reads.
   

Meanwhile, earlier this year, the European Commission auditors would  perform two other verification missions for HRD Program, in order to lift  the 25% temporary financial corrections imposed  on expenditures  that Romania would  require the European Commission to reimburse.

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