www.stiripesurse.ro/bataie-pe-banii-europeni-pentr

The European funds allocated for investments in farms run by young farmers and those under 45 have been exhausted before the application deadline. The Agency for Rural Investment Financing (AFIR) announced the closure of the project submission session for the 'Other Sectors' component after requests exceeded 380 million euros, while the available budget was only 84.7 million euros. Over 2,000 projects were submitted electronically, with the total value surpassing the budget by approximately 4.5 times. Although applications for 'Other Sectors' are closed, funding for livestock investments remains available until December 2, 2026, with the possibility of early closure if the budget is depleted.

Fact-check this story: paste the text or link into Justificat.ro and get a verdict with the sources consulted.