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Adevărul - Romania | Wednesday, August 3, 2011

EU facilitates funding for crisis countries

The European Commission has proposed making it easier for crisis-stricken countries - including Greece, Portugal and Romania - to apply for EU funding. Their contribution to EU projects is to be reduced from 15 to 5 percent in future, which the daily Adevărul sees as a good idea: "The new measure, described quite rightly as 'a kind of Marshall Plan for economic recovery' by EU Commission president José Manuel Barroso, is intended for those EU countries that are struggling with serious economic problems. The initiative stands for two things: firstly Europe is showing solidarity in the face of the crisis - a message we Romanians in particular will be relieved to hear. Secondly it is the official confirmation that we are incapable of calling up EU funding like everyone else. The 'Marshall Plan' comprises three areas: the cohesion fund, regional development and the fishing industry. ... With a modern infrastructure and an agricultural sector in healthy development even Romania can begin to look good. And this is only the start, because Europe is interested in our recovery to prevent us from continuing to send it millions of job-seekers."

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