The Impact of the European Funds in Romania. The Examination of the Problems and Solutions

Monica Gabriela Gherman ()
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Monica Gabriela Gherman: Academy of Economic Studies

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2012, vol. 2, issue Special 1, 233-237

Abstract: The establishment of the European Union marked the beginning of a new era, the EU Member States have in present many benefits in this regard: free market, effective trade, enhanced security, economic cohesion, sustainable development, protecting human rights, job creation etc. With all these positive aspects, the reality of global recession demonstrates, among other things, that there is much to be recovered and that the imbalances between Member States is widening further. To solve these problems the European Commission launched its proposal for the future multiannual post-2013 financial framework which will work towards growth and competitiveness by reducing the budget in some areas and directing the expenditures towards areas of interest for the European Union. To increase the impact of EU funds in Romania, we have to start the analysis from examining the problems and solutions foundation for increasing the capacity to absorb EU funds.

Keywords: Structural funds; cohesion policy; investment partnerships (search for similar items in EconPapers)
JEL-codes: M10 R11 R12 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijaraf:v:2:y:2012:i:1special:p:233-237

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