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Romania could get EUR 900 mln from EU to cover damages due to floods
Only the damages caused to the hydro-technical facilities amounted to RON 1.2 billion (EUR 258 million), according to waters and forests minister Ioan Denes. However, in order to receive the money, which comes from a special EU fund, Romanian must report damages of at least EUR 900 million, or it doesn’t get anything, Denes explained.
The money needs to be spent within six months.
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