* Talks for the inclusion of the banking system in the assessment and the implementation of the projects
* The measures taken for accelerating the absorption, will produce cascading effects in the coming months
* We need to send to the Commission bills of 6.1 billion Euros in order to prevent automatic disengagement
* The Ministry of Transports has only succeeded in using 6.46% of the funds allocated for that segment
Reporter: How will we be able to get past the current absorption rate of 15%?
Eugen Teodorovici: The absorption rate for European funds was 15% at the end of May, but it was up 32% over December 2012, namely double what it was at the end of April 2012. These increases, which can't be ignored, show that the measures implemented by the Romanian government since back in the spring of 2012 are working.
Additionally, the measures for the simplification, streamlining, and the constant ensuring of the resources needed for the payment of the beneficiaries which we have taken and which are in the process of implementation, will lead to the acceleration of the absorption of European funds, but some of their effects are not immediately reflected in the rate of absorption. There will be cascading effects and you will see in the coming months a significant increase in the amounts reimbursed by the European Commission.
Reporter: What is the current stage of the project to get the banks involved in the approval of the European funds?
Eugen Teodorovici: We have made progress on this project, but there are more details to implement. We've had talks with the banks and we intend for them to be involved in the assessment of the projects, as well as in the process for their implementation. Additionally, we intend to involve the banking system in the process of the payment of the European funds to the beneficiaries. Currently
