The European Investment Bank (EIB) is lending EUR 27 million to finance the energy efficiency refurbishments of residential buildings in Bucharest, Romania.The loan will support the thermal rehabilitation of 94 high-rise panel residential buildings in Sector 4 of of Bucharest. The aim of the investment is to reduce the energy consumption of the buildings concerned by some 50%.

The European Commission presented Romanian authorities with a Position Paper on the development of the Partnership agreement for 2014-2020. The Paper identifies the country's main challenges and financing priorities:

The Romanian Ministry of Regional Development and Tourism is coordinating the development of strategy for the cross-border area Romania - Bulgaria. The strategy aims to identify and prioritize joint projects that will be financed from European funds in the period 2014-2020. Ministries in Romania and Bulgaria, local authorities and other potential beneficiaries are involved in drafting the strategy, which will later be subject to public consultation.