Romania to Receive €1.3 Billion EU Recovery Funds

Romania to Receive 1.3 Billion Euros from EU Recovery Fund Romania is set to receive a significant boost to its economy. Finance Minister Tánczos Barna announced on May 13, 2025, that the country will receive 1.3 billion euros on June 10th as part of the third payment tranche from the European Union's National Recovery and Resilience Plan (PNRR). This substantial sum will be crucial in balancing the state budget. The announcement was made during a meeting of EU finance ministers in Brussels. Minister Barna highlighted the importance of this funding, stating, "This is an important aspect, it is important financing for balancing the receipts from the state budget." The meeting also covered discussions on collecting VAT from online transactions within the EU and the SAFE defense funding system. The PNRR funding represents a significant step forward for Romania's economic recovery and demonstrates the country's commitment to implementing EU-mandated reforms. This injection of capital will undoubtedly have a positive impact on various sectors of the Romanian economy.