Romania has to pay millions of euros in penalties to EU for delayed farm subsidies, says President Basescu

President Traian Basescu told a news conference on Tuesday that Romania has to pay millions of euros in penalties to the European Union for delayed farm subsidies and faulty reports on farm areas.'Just to realise where we are in terms of European funds, I want you to know that Romania already has to pay 16.1 million euros in penalties for 2007 and another 6.6 million euro in penalties for delayed 2008 per area farm subsidies. And this is the problem of the payment agencies and a ...

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