I am confident that we will succeed in securing over EUR 21 billion in the new allocation under the National Recovery and Resilience Plan (PNRR), money that we will finally use efficiently, says Finance Minister Alexandru Nazare, who is currently in Copenhagen for an informal meeting of EU finance ministers.

„Although the format is informal, discussions here are very important in view of the ECOFIN meeting on October 10. We have already had discussions with Stephanie Lose, minister of economic affairs of Denmark, the country holding the Presidency of the Council of the EU; Andrzej Domanski, Poland’s finance minister, and Carmine di Noia, Director of the Organisation for Economic Co-operation and Development (OECD)for Financial and Entrepreneurial Affairs. Our agenda is a strategic one: we continue our dialogue with European partners on Romania’s fiscal consolidation and, more importantly, we will prepare the ground for the approval of the renegotiated budget from the PNRR. This is the third time that we have to renegotiate this plan, because so far Romania has not managed to implement all the projects taken up since 2021. I am confident, however, that we will succeed in securing over EUR 21 billion in the new PNRR allocation – money that we will finally use efficiently,” the minister wrote on Friday in a social media post.

He announced that he will have discussions on stepping up Romania’s accession to the OECD and a series of bilateral meetings in which he will discuss the allocation of over EUR 16 billion – European money for Romania through the European SAFE program, through which it will be possible to invest in security.

„It is a very important financial allocation, which we will be able to use to finance defence, the projects of the Moldovan (A7) and Union (A8) Highways and for the development of hospital infrastructure,” Nazare said.

The minister will also discuss with his counterparts an alignment on the EU’s multiannual budget 2028-2034 – the Union’s financial roadmap, which decides how much member countries can spend, on which areas and for what objectives.

Romania will have over EUR 60 billion from the EU, and the negotiation will be a firm one to ensure that the money will go to priority areas, such as agriculture, innovation and new technologies, according to Nazare.

Other important subject on the agenda of these days are the development of capital markets and the adoption of the digital EURO – the new digital currency of the EU.

Nazare participates in the informal meeting of the Economic and Financial Affairs Council (ECOFIN), organised in Copenhagen on September 19-20, 2025, an event hosted by the Danish Presidency of the Council of the EU. AGERPRES