Military Times
Military Times
US · 4 hrs ago

Romania expects RRF absorption rates of over 90% for grants and over 95% for loans

02 September 2026 Romania expects to complete the Recovery and Resilience Facility (RRF) with absorption rates of over 90% for grants (92.7%) and over 95% for loans, according to acting prime minister Ilie Bolojan and acting investment and European Projects minister Dragoș Pîslaru, who held a joint press conference on the topic on September 1. Romania still has to file the sixth payment request. The rates are calculated, however, on a total volume of just over EUR 20 billion, including EUR 13.6 billion in grants, down from an initial envelope of EUR 29.2 billion (EUR 14.2 billion in grants). Notably, the significant reduction in the overall envelope consisted mainly of reduced loan financing, while the reduction in grants was relatively moderate. The 6.3% of grants that Romania stands to l
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