The analysis of absorption rate of structural funds for the 2007-2013 programming period. The case of Romania

Georgiana Raluca Ladaru (), Maria Cristina Padure and Eugen Prioteasa
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Georgiana Raluca Ladaru: Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania
Maria Cristina Padure: Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania
Eugen Prioteasa: Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2014, vol. 3, 213-223

Abstract: This paper focuses on EU structural funds assistance to Romania during the 2007–2013 program period and provides an overview of Romania’s absorption. The EU funds allocated to Romania under cohesion policy during the 2007-2013 programming period are significant, respectively around 19,23 billion Eur. The financial allocation of structural funds in Romania addresses both the Cohesion objective distributed among 7 Operational Programs and the European Territorial Cooperation objective - 4 Operational Programs of European territorial cooperation of which funds will be managed jointly with other Member States. Romania, like other countries, was severely affected by the global financial crisis and faster absorption of EU funds was seen as a factor for alleviating the negative effects of the financial crisis.

Keywords: absorption rate; convergence; operational programs; priority axes; structural funds (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aes:icafee:v:3:y:2014:p:213-223

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