EC to invest 8.633 billion euros in Romania in green economy in 2007-2013

The European Commission (EC) on Monday announced that it would invest 105 billion euros in the 'green economy' by the cohesion policy of the European Union over 2007-2013, of which 8.633 billion euros will be allotted to Romania. Romania and Bulgaria invest the highest ratio of the funds due to the cohesion policy in environment-related projects, with 45 percent, respectively 42 percent of allotted funds. These investments include hundreds of major projects in the environment ...

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