Romania to benefit from higher European funds in 2014-2020

Romania will be one of the countries to benefit from higher European funds from the European Union budget for the period between 2014 and 2020, European Commissioner for Agriculture and Rural Development Dacian Ciolos told a press conference on Wednesday.

'Romania must prove they need these funds and are able to make good use of them. The agriculture will play a major role within the next budget with a 371.7 billion euros amount, to which 15.2 billion euros are added as financial availability related to the common agriculture policy,' Ciolos said.

According to the official, the European budget for 2014-2020 will represent 1.05 percent of the European Union GDP and focuses on certain European priorities.

'The European budget is not similar to the national budgets. The European budget is made over seven years and focuses on certain European priorities. The budget on 2014 to 2020 is 1.025 billion euros representing 1.05 percent of the European Union GDP. A budget 95 percent of which will return to the member states by funded projects,' Ciolos explained.