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Romania to receive EUR 1.3 bn of third NRRP installment on June 10, FinMin says

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Romania will receive on June 10 1.3 billion euros of the third installment of the National Recovery and Resilience Program, Finance Minister Tanczos Barna announced on Tuesday on Facebook, stressing that „this is important financing for balancing state budget revenues.”

Minister Tanczos Barna participated in the meeting of EU Finance Ministers in Brussels, where they discussed, among others, aspects related to the collection of VAT for online transactions in the EU and the Security Action for Europe (SAFE) loan instrument.

On the other hand, Tanczos emphasized that Romania needs a fiscal overhaul, but a caretaker government has neither the prerogatives nor the mandate to discuss such issues with the European Commission or with the Romanian society.

„The new government that will take over after this caretaker government has as a first and most important task discussing the fiscal reform and presenting it to the Romanian society and the European Commission. This reform must strengthen the fiscal-budgetary system for the next seven years. This is why it is such an important aspect which cannot be tackled by a caretaker government. We return home with this good news: the 1.3 billion euros will flow in on June 10,” the finance minister said.

AGERPRES

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