Romania 'Fails' To Deliver Promised Aid to Moldova

[poiuytrewq0987]

Romania is failing to become a real donor country as it has given only seven million euro out of a promised 25 million to help neigbouring Moldova in 2011, a report released today shows.

A study by the Romanian Centre for European Policies, CRPE, shows that Romania’s “lack of experience as a donor country” and excessive bureaucracy led to the failure to follow through on planned funding. Last year, Romania decided to give Moldova for the period 2011-2014 a non-reimbursable grant of 100 million euro, split in four equal parts.

“Romania’s lack of experience as a donor is felt, especially given that in Moldova there are currently 20 active projects with 200 donors, and Romania’s contributions have been modest so far,” says Valentin Lozovanu from CRPE.

While time remains for the funds to be disbursed, the Centre found that inexperience and excessive bureaucracy make it unlikely that Romania will manage to distribute all the planned funding.

One of Romania’s obligations as a member of EU is to donate money for the development of third countries. In 2007 Bucharest identified the Republic of Moldova as priority country for redirecting its development funds.

http://www.balkaninsight.com/en/arti...va-as-promised

[Adalwolf]

Not all too surprising. The iron fist of Communism has still left its mark on Romania. Sometimes people forget that the revolution was only in '89.