"Romania has always been very good at carrying out projects but has problems in the area of implementation, or spending European funds. I believe this trend will continue, but 2008 will be relevant for the absorption of structural funds, not 2007,” added Ficarelli.
He went on to say that Romania will not loose PHARE program funds this year, even though several projects have been delayed. "There are still a few auctions that have been postponed due to a lack of participants, but on the whole I feel that the PHARE program has been a success,” said Ficarelli. (NewsIn)
