The Financing of the Romanian Rural Development Projects through the EU Funds
Erika Georgeta Kuciel ()
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Erika Georgeta Kuciel: National University of Political Studies and Public Administration, Faculty of Public Administration, Romania
International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2016, vol. 5, 141-148
Abstract:
This paper will outline the major importance of pre-accession and post-accession funds received by Romania from the European Union in agricultural field by presenting the situation of European funds from 2000 to present and over. In Romania, in 2007-2013 programming period, in order to support the farmers, European Union has awarded grants through the National Rural Development Program. From the beginning of the NRDP in 2008, 150,944 applications for funding whose value exceeded 18.5 billion euros were verified of the total 5.75 billion euros available for investment. The research methods used in this paper are consultation's reports drawn up by various European institutions and the specialty literature. The application domain is agro-food economy. The result of this research is that 98,444 investment projects have received non-repayable financial aid. Through the European funds grants those interested can establish a business, develop the area and increase their living standard.
Keywords: Agriculture; European funds; agricultural development programs; rural development; European Union (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aes:icafee:v:5:y:2016:p:141-148
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