EU funds absorption rate in transport up 130.6 pct from Sept. till June

The absorption rate of the European funds assigned Romania via the Transport Sectoral Operational Programme was up 130.6 percent from Sept. 2010 till June 2011, reaching 4.22 percent, says a release issued by the Ministry of Transport and Infrastructure.The European funds absorption rate via the Programme was of 1.83 percent on Sept. 10, 2010 and it reached 4.22 percent on June 1.As many as 44 financing contracts have been signed by June 1, totalling 3.697 billion lei, up by 126 ...

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