EU Delay to Cost Romania EUR 2 B

Romania could lose EUR 2 B if the EU accession is postponed for 2008, Romanian foreign minister warned on Tuesday as cited by euexpands.com.

Mihai-Razvan Ungureanu also said that EU has not envisaged a plan B if the two countries entry is delayed. He said that Brussels still envisage a 2007 accession for both of them.

The minister recalled that the EU Commission prepares two country reports, one in October 2005 and the second in April 2006. The second one is likely to propose the delay of the EU accession.

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