Teodorovici Minister of EU Funds: Over three billion to SMEs in the 2014-2020 programming period
Eugen Teodorovici, the Minister of EU Funds, participated Today, 25 April, at the informal ministerial Meeting of ministers responsible for cohesion policy, organized by the Greek Presidency in Athens. The main topics of the meeting were preparations for the use of European funds allocated to Member States for the period 2014-2020, with emphasis on urban development, namely the SME business support.
"In the programming period 2014-2020, over three billion are allocated to support the work of SMEs, proposed by the Partnership Agreement to the European Commission at the end of March. SME projects will be financed by the Regional Operational Programme, the Competitiveness Operational Programme, National Programme for Rural Development and Fisheries Operational Programme. We have also provided several types of activities that will support indirectly the activity of the companies in this category. We pay special attention to supporting the SMEs activity while the analysis shows that in Romania there are only 20 SMEs per thousand inhabitants, number three times smaller than the average in the EU", said Minister of EU Funds, Eugen Teodorovici in Athens.
Informal ministerial meeting was organized to facilitate the meeting of all ministers responsible for cohesion policy in the Member States, discussions focusing on areas targeting potential growth, creating new jobs, actions for economic, social and territorial promoting, according to the Strategy Europa 2020 to revitalize the European economy.