{"id":12806,"date":"2026-11-05T08:00:44","date_gmt":"2026-11-05T08:00:44","guid":{"rendered":"https:\/\/ofero.news\/?p=12806"},"modified":"2026-11-05T08:00:44","modified_gmt":"2026-11-05T08:00:44","slug":"romanian-minister-says-eur-3-4-bln-of-rrf-funds-are-at-risk","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=12806","title":{"rendered":"Romanian minister says EUR 3.4 bln of RRF funds are at risk"},"content":{"rendered":"

Of the EUR 6.4 billion in net disbursements associated with the two requests, Romania has met the milestones required for EUR 3.0 billion, while the remaining EUR 3.4 billion is at risk of suspension, Economica.net<\/a> reported.<\/p>\n

At this stage of RRF implementation, funds that are not secured through the required milestones are nearly lost, as the programme ends at the end of the year and there is no additional time available for further requests or extensions.<\/p>\n

Romania has failed to meet five of the 75 milestones included in the fifth payment request and 32 of the 104 milestones included in the sixth request.<\/p>\n

MIPE and the teams from the other ministries involved are working closely with the European Commission’s technical teams to clarify the documentation required for the outstanding milestones.<\/p>\n

Romania can submit additional documents until November 6, while the European Commission is expected to decide on November 20 whether the milestones have been met and the corresponding funds can be disbursed. The minister said the money could reach Romania by the end of the year.<\/p>\n

The EUR 3.4 billion at risk may in principle include both grants and loans, although the precise breakdown has not been provided. Only the grants lost have a direct impact on the public deficit, while the total sum needs to be financed from the market.<\/p>\n

Romania’s total RRF allocation after three renegotiations stands at EUR 20.1 billion, comprising EUR 4.2 billion in grants and EUR 2.2 billion in loans associated with the fifth and sixth payment requests (both loans and grants expressed in terms net of prefinancing).<\/p>\n

The EUR 2.4 billion in prefinancing related to the two tranches is included in the EUR 13.6 billion already disbursed. It represents the difference between the gross and net values of the two tranches and consists entirely of loans. Romania must also justify this prefinancing through the fulfilment of milestones in order to retain it.<\/p>\n

\u201cRomania, after the three renegotiations, remained at an amount of EUR 20.1 billion in financing through the RRF\/PNRR,\u201d Ghigiu said.<\/p>\n

Out of this, EUR 13.56 billion is the grant component and EUR 6.53 billion is the loan component.<\/p>\n

The minister said Romania had attracted EUR 13.27 billion so far, while the amount received has actually reached approximately EUR 13.6 billion following an additional EUR 301 million disbursement. Around EUR 6.4 billion remains to be secured through the fifth and sixth payment requests (in addition to the EUR 2.4 billion in prefinancing that needs to be justified with milestones met).<\/p>","protected":false},"excerpt":{"rendered":"

Of the EUR 6.4 billion in net disbursements associated with the two requests, Romania has met the milestones required for EUR 3.0 billion, while the remaining EUR 3.4 billion is at risk of suspension, Economica.net reported. At this stage of RRF implementation, funds that are not secured through the required milestones are nearly lost, as […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12806","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12806"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12806\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}