Romania could be allotted up to EUR 47 bln during 2014-2020

European Affairs State Secretary Razvan Cotovelea yesterday said that Romania could benefit during 2014-2020 from 40 to 47 bln euro. Cotovelea said that, late last week, he attended a meeting on allocation of non-redeemable funds during 2014-2020, with the 15 participating states reaching common ground on the issue at hand. The Ministry of European Affairs (MAEur) official also said that the European Council meeting this coming November will negotiate the final form of the European Union budget for the said interval, as well as the amount of non-returnable funds Romania will receive. “We are optimistic, as we also had been until 2009,” Razvan Cotovelea also said.