Information regarding the RON/EUR exchange rate used in the contracting process KAI 4.3
In order to avoid delays in the approval of financing agreements, due to the need of reviewing the budgets as a result of the Inforeuro rate fluctuation, we inform you that the Management Authority for the 2007-2013 Regional Operational Program within the Ministry of Regional Development and Tourism decided to use the fixed rate of exchange of 4.35 RON/EUR in the process of verifying and approving the financing agreements, namely verifying if the non-reimbursable financing amount requested fits in the minimis limit .
The exchange rate above mentioned shall be utilized to verify the financing agreements that shall be submitted to the ROP MA to be approved starting as of January 1st, 2012 until June 30th, 2012.
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