International financial relations and cooperation with the EU

International financial relations are based upon the cooperation with international and bilateral financial institutions, including communication and coordination with these institutions regarding the activities necessary for preparation and realization of projects financed with foreign loans and donations, preparation and organization of all stages of the procedure for conclusion of loan agreements and guarantee agreements, as well as monitoring the implementation dynamics of these projects and proposing activities and measures to overcome the problems occurring during their preparation and implementation.

Cooperation with the EU covers the following:

- decentralized management of EU Funds;

- Monitoring the status of realization of measures and activities under the National Programme for Adoption of the Acquis (NPAA), Ministry of Finance being in charge of their implementation, and coordination of activities related to preparation of documents arising from the EU accession process and other activities related to the EU integration of the country.

International Finance

Harmonization with the EU acquis

Instrument for Pre-Accession Assistance