Romania to return EUR 41 mln of misused EU funds on farming

07 November 2010

Romania will have to return EUR 41.7 million  of EU funds to the European Commission for failure to use the money correctly under the Common Agricultural Policy (CAP).  Romania will be charged EUR 41.7 million for weaknesses in the Land Parcel Identification System (LPIS-GIS), in the administrative procedure for controls and cross checks and for incorrect calculation of payments and sanctions.

"As a result of a decision adopted by the European Commission, a total of EUR 578.5 million of EU farm money unduly spent by member states is claimed back. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure," the European Commission said in a press release.

Mediafax

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Romania to return EUR 41 mln of misused EU funds on farming

07 November 2010

Romania will have to return EUR 41.7 million  of EU funds to the European Commission for failure to use the money correctly under the Common Agricultural Policy (CAP).  Romania will be charged EUR 41.7 million for weaknesses in the Land Parcel Identification System (LPIS-GIS), in the administrative procedure for controls and cross checks and for incorrect calculation of payments and sanctions.

"As a result of a decision adopted by the European Commission, a total of EUR 578.5 million of EU farm money unduly spent by member states is claimed back. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure," the European Commission said in a press release.

Mediafax

Normal

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