E.U. grants Romania 250m Euro for rural development projects

Romania will receive 3.5% of the funds granted by E.U. for rural development projects, Agriculture Minister Dacian Ciolos reported. These funds amount to 250 million Euros.

The granting of the funds is part of the National Rural Development Program (PNDR) which was approved today. PNDR establishes the policies and the rural development actions for the 2007-2013 periods in the farming, forestry and rural development areas. Funds totalling 8 billion Euros will be issued through the PNDR by 2013.